Partial Casualty definition

Partial Casualty means any Casualty which does not constitute a Termination Event.
Partial Casualty is defined in Section 21.K.
Partial Casualty has the meaning set forth in Section 18.B.

Examples of Partial Casualty in a sentence

  • If this Lease is terminated with respect to any Property as a result of a Partial Casualty, simultaneously with such termination Lessee shall pay Lessor an amount equal to the insurance deductible applicable to such Partial Casualty.

  • To Sellers’ Knowledge, no Owned Car has suffered a Casualty Occurrence or a Partial Casualty Occurrence.

  • Any Casualty Proceeds paid to Agent with respect to a Vehicle suffering a Casualty or a Partial Casualty shall also be deposited in the Deposit Account.

  • If any Casualty or Condemnation which is not a Partial Casualty or Partial Condemnation shall occur, Tenant shall comply with the terms and conditions of Paragraph 18.

  • With respect to a Partial Casualty, Lessee shall be paid, after completion, any portion of the Net Award that is in excess of the applicable deductible, and Lessee shall bear all additional Costs of such restoration in excess of the Net Award.


More Definitions of Partial Casualty

Partial Casualty means any loss, damage, destruction, taking by eminent domain, loss of use or theft of any Vehicle or any portion of a Vehicle or the rendition of any Vehicle unfit for normal use for any reason whatsoever in the business judgment of the Grantor, in each case which does not constitute a Casualty."
Partial Casualty means any loss, damage, destruction, taking by eminent domain, loss of use or theft of any portion of a Equipment which does not constitute a Casualty.
Partial Casualty means any Casualty which does not constitute a Material Casualty.
Partial Casualty means any loss of any part of the Project or use thereof due to destruction or damage or seizure, condemnation, confiscation or taking of or requisition of title to or use of, any part of the Project or, if it prevents the Lessee from operating or maintaining any part of the Project or the Project Site by any Governmental Entity that does not constitute an Event of Loss.
Partial Casualty means any Casualty which does not constitute a Termination Event. “Partial Condemnation” means any Condemnation which does not constitute aTermination Event.
Partial Casualty means any event listed in the definition of Total Casualty that does not result in a Total Casualty and results in damage for which the cost to repair would exceed $5,000,000 (all other such events to be remedied under SECTION 3.3 or 3.4).
Partial Casualty means any Casualty which does not constitute a Termination Event. "Partial Condemnation" shall mean any Condemnation which does not constitute a Termination Event. "Permitted Encumbrances" shall mean those covenants, restrictions, reservations, liens, conditions and easements and other encumbrances, other than any Mortgage or Assignment, listed on Exhibit "C" hereto (but such listing shall ----------- not be deemed to revive any such encumbrances that have expired or terminated or are otherwise invalid or unenforceable). "Person" shall mean an individual, partnership, association, corporation or other entity.