FIRE AND CASUALTY definition

FIRE AND CASUALTY. The parties hereto mutually agree that if the Leased Premises are partially or totally destroyed by fire or other casualty covered by the fire and extended coverage insurance carried by Lessor, then Lessor may after thirty (30) days written notice to Lessee, at Lessor's option, repair and restore the Leased Premises as soon as it is reasonably practicable, to substantially the same condition in which the Leased Premises were before such damage, or Lessor may terminate the Lease Agreement, provided, however, that in the event the Leased Premises are completely destroyed or so badly damaged that repairs cannot be commenced within thirty (30) days and completed within six (6) months thereafter, then this Lease Agreement shall be terminable as of the date of the occurrence of the damage or destruction, by either party hereto by serving written notice to the other; and provided further, that, in any event, if repairs have not been commenced within thirty (30) days from the date of said damage and thereafter completed within a reasonable time, in no case to exceed six (6) months, this Lease Agreement may be immediately terminated by Lessee as of the date of occurrence of the damage or destruction, by serving written notice upon Lessor. In the event the Leased Premises are completely destroyed or so badly damaged by fire or other casualty covered by the fire and extended coverage insurance to be carried by Lessor that it cannot reasonably be used by Lessee for the purposes herein provided and this Lease Agreement is not terminated as above provided, then there shall be a total abatement of rent until the Leased Premises are made usable. In the event the Leased Premises are partially destroyed or damaged by fire or other hazard so that the Leased Premises can be only partially used by Lessee for the purpose herein provided, then there shall be a partial abatement in the rent corresponding to the time and extent which the Leased Premises cannot be used by Lessee. If the Leased Premises are damaged by fire or other casualty resulting from the fault or negligence of Lessee, or the agents, employees, licensees or invitees of Lessee, such damage shall be repaired by and at the expense of Lessee under the direction and supervision of Lessor, and rent shall continue without abatement.

Examples of FIRE AND CASUALTY in a sentence

  • CV-05-178-B-W)STATE FARM FIRE AND )CASUALTY COMPANY, ))Defendant.

  • CONSULT YOUR LAWYER BEFORE SIGNING THIS AGREEMENT NOTE: FIRE AND CASUALTY LOSSES AND CONDEMNATIONThis contract form does not provide for what happens in the event of fire, or other casualty loss or condemnation before the title closing.

  • INTEGRITY FISHERIES, INCORPORATED; SEA EAGLE FISHERIES, INCORPORATED,Defendants – AppelleesNATIONAL SECURITY FIRE AND CASUALTY COMPANY; ATLANTIC SPECIALTY INSURANCE COMPANY; ONE BEACON INSURANCE COMPANY; NEW YORK MARINE AND GENERAL INSURANCE COMPANY,Third Party Defendants - AppelleesAppeals from the United States District Court for the Eastern District of LouisianaBefore SMITH, ELROD, and HAYNES, Circuit Judges.

  • If they are not adjusted equally, it can cause the rider difficulty to engage or release from the pedals.

  • STATE FARM FIRE AND CASUALTY COMPANY,a domesticated insurer,Defendant-Appellee.No. 08-7072(D.C. No. 6:07-CV-00410-RAW) (E.D. Okla.) ORDER AND JUDGMENT* Before LUCERO, PORFILIO, and ANDERSON, Circuit Judges.

  • The Burdettes' first assignment of error is overruled.{¶ 43} Assignment of Error No. 2: {¶ 44} THE TRIAL COURT ERRED BY GRANTING DEFENDANT-APPELLEE STATE FARM FIRE AND CASUALTY COMPANY'S MOTION FOR PROTECTIVE ORDER AND BY DENYING PLAINTIFFS-APPELLANTS' MOTION TO COMPEL.{¶ 45} The Burdettes argue that the trial court erred in denying their motion to compel discovery and granting State Farm's motion for a protective order regarding their waiver and estoppel claims.

  • OHIO SECURITY INSURANCE COMPANY and OCASCO BUDGET; WEST AMERICAN INSURANCE COMPANY; AMERICAN FIRE AND CASUALTY COMPANY, Appellants On Appeal from the United States District Court For the District of New Jersey (No. 99-cv-05919 and No. 00-cv-00640) District Judge: Honorable Jerome B.

  • STATE FARM MUTUAL AUTOMOBILE INSURANCE CO., STATE FARM LIFE INSURANCE CO., STATE FARM FIRE AND CASUALTY CO., STATE FARM GENERAL INSURANCE CO., and STATE FARM BANK, F.S.B.,Defendants.Case No. 20-cv-01121 Honorable Robert W.

  • DrainPlaintiff, v STATE FARM FIRE AND CASUALTY COMPANY, Defendant.

  • Docket No. 1:10-cv-01641-SCJGEORGE MATTHEWS, NINA MATTHEWS,Plaintiffs-Appellants,versusSTATE FARM FIRE AND CASUALTY COMPANY,Defendant-Appellee.Appeal from the United States District Court for the Northern District of Georgia _ (December 6, 2012) Before BARKETT, HULL and COX, Circuit Judges.

Related to FIRE AND CASUALTY

  • Insured Casualty has the meaning set forth in Section 5.1(x)(iv)(B).

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Major Casualty means, in relation to a Ship, any casualty to that Ship in respect of which the claim or the aggregate of the claims against all insurers, before adjustment for any relevant franchise or deductible, exceeds $500,000 or the equivalent in any other currency;

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • windstorm means straight line winds of at least 80 miles per

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Material Casualty has the meaning set forth in Section 14.1.1.

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance and Condemnation Event means the receipt by any Credit Party or any of its Subsidiaries of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective Property.

  • Casualty insurance means liability insurance.

  • Accidental Bodily Injury means an Injury sustained as the result of an Accident and independently of all other causes by an outside traumatic event or due to exposure to the elements.

  • Boiler means an enclosed fossil or other fuel-fired combustion device used to produce heat and to transfer heat to recirculating water, steam, or other medium.

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Marine means pertaining to tidally influenced waters, including oceans, sounds, straits, marine channels, and estuaries, including the Pacific Ocean, Puget Sound, Straits of Georgia and Juan de Fuca, and the bays, estuaries and inlets associated therewith.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Property Insurance is defined in Section 6.10(a).

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Blanket insurance policy means a group policy covering a defined class of

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.