Salvage Rights. All salvage rights to the Airframe and each Engine shall remain with the Company’s insurers at all times, and any insurance policies of the Loan Trustee insuring the Airframe or any Engine shall provide for a release to the Company of any and all salvage rights in and to the Airframe or any Engine.
Salvage Rights. If we notify you that we will pay your claim or part of your claim, the notice must also state whether we will or will not take all or any part of the damaged property. We must bear the expense of our salvage rights.
Salvage Rights. If we notify you that we will pay your claim or part of your claim, the notice must also state whether we will or will not take all or any part of the dam- aged property. We must bear the expense of our salvage rights.
Salvage Rights. If the Premises are destroyed or damaged, Landlord shall have the sole and exclusive right to salvage any and all materials (except for Tenant’s personal property) located on the Premises and the sole and exclusive right to any proceeds derived from the sale of any such items.
Salvage Rights. Prior to the final expiration of any ROW over which the Vyvx Property runs, WilTel will, at Vyvx's election and expense, employ an independent consultant who will determine no later than six (6) months before such expiration whether salvage of any or all of the WilTel Network affected by such expiration, including the property owned by Vyvx and others, is feasible. If salvage is feasible, then the consultant will determine whether such salvage is economic, i.e., whether there are likely to be net salvage proceeds after costs of salvage (including costs of hiring the consultant) are deducted. To the extent practicable, WilTel will employ the independent consultant no later than two (2) years prior to any such expiration of a ROW. If either (i) the consultant, in accordance with the provisions of this Section 2.12, concludes that salvage is either not feasible or not economic (as defined above), or (ii) WilTel did not have adequate notice of a termination or early expiration of the particular ROW, that portion of the Vyvx Property which runs over that ROW will be abandoned upon expiration of that ROW. Notwithstanding any provision in this Agreement to the contrary, if any grantor of a ROW over which the Vyvx Property runs has the right to require the removal of property comprising the WilTel Network at the expiration of the ROW, and if such grantor exercises such right, WilTel will remove and dispose of such property and take all other required actions including restoration, if applicable, and Vyvx will pay its pro rata share (based on an applicable percentage of DS3 Miles) of the attendant Costs within thirty (30) days following receipt of the applicable WilTel invoice. If the consultant, in accordance with the provisions of this Section 2.12, determines that salvage of the affected portion of the WilTel Network is both feasible and economic (as defined above), WilTel will undertake the appropriate salvage and deduct all costs of salvage from the salvage proceeds, unless prior to the expiration of the affected ROW, WilTel, pursuant to Section 3.08, notifies Vyvx that the ROW has been extended or renewed. Each owner of salvaged property will receive the net salvage proceeds of its property as determined by the independent consultant, whose determination will be final and binding on each such owner.
Salvage Rights. The Board reserves all salvage rights in existing art works, structures, materials, and artifacts of intrinsic, artistic, or historical value. Whenever General Contractor is required to remove or demolish such things before beginning renovation or other construction, General Contractor shall request the Board's approval in advance and obtain specific direction on handling salvageable items.
Salvage Rights. If we notify you that we will pay your claim or
Salvage Rights. Prior to demolition of the improvements on the 0000 X Xxxxxx for purposes of implementing the City Improvements and Private Improvements, Redeveloper shall have the option to salvage and remove, at Redeveloper’s expense, any on site materials and improvements on 0000 X Xxxxxx prior to the scheduled demolition.
Salvage Rights. Upon settlement by the Association of any loss to insured property, the salvage, if any, shall belong to the Association. There will be no abandonment to this Association of any property.
Salvage Rights. In consideration for the services to be provided by the Towing Company under the terms of this agreement, the Sheriff's Office hereby grants the Towing Company all salvage rights that may be provided by law on any vehicle which may be towed pursuant to this agreement, excluding those vehicles seized and held for possible forfeiture by the Sheriff's Office.
