Common use of Casualty Damage Clause in Contracts

Casualty Damage. In the event that the Buildings or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the Building is damaged to such an extent that Grantor determines that reconstruction of said Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said Building.

Appears in 19 contracts

Samples: Disbursement Agreement, Façade Easement Agreement, Easement Agreement

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Casualty Damage. In the event that the Buildings New Building or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the New Building is damaged to such an extent that Grantor determines that reconstruction of said New Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said New Building.

Appears in 3 contracts

Samples: Façade Easement Agreement, Façade Easement Agreement, 9th and O Redevelopment Agreement

Casualty Damage. In the event that the Buildings New Building or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the New Building is damaged to such an extent that Grantor determines that reconstruction of said Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said New Building.

Appears in 2 contracts

Samples: Redevelopment Agreement, Holdrege Redevelopment Agreement

Casualty Damage. In the event that the Buildings or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If one or more of the Building Buildings is damaged to such an extent that Grantor determines that reconstruction of said Building Building(s) is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said BuildingBuilding(s).

Appears in 2 contracts

Samples: Lincoln Redevelopment Agreement, Redevelopment Agreement

Casualty Damage. In the event that the Buildings Building or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the Building is damaged to such an extent that Grantor determines that reconstruction of said Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said Building.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

Casualty Damage. In the event that the Buildings structures or fixtures or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the Building structure or fixture is damaged to such an extent that Grantor determines that reconstruction of said Building structure or fixture is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said Buildingstructure or fixture.

Appears in 1 contract

Samples: Redevelopment Agreement

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Casualty Damage. In the event that the New Buildings or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If either of the Building New Buildings is damaged to such an extent that Grantor determines that reconstruction of said Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said New Building.

Appears in 1 contract

Samples: Phase 1 Redevelopment Agreement

Casualty Damage. In the event that the Buildings New Housing or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade to the condition required under this Agreement. If the Building New Housing is damaged to such an extent that Grantor determines that reconstruction of said Building Housing is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said BuildingNew Housing.

Appears in 1 contract

Samples: Antelope Square Redevelopment Agreement

Casualty Damage. In the event that the Buildings New Building or any part thereof shall be damaged by fire or other casualty, then Grantor shall use reasonable effort to reconstruct the Façade Facade to the condition required under this Agreement. If the New Building is damaged to such an extent that Grantor determines that reconstruction of said New Building is not feasible and provides Grantee with a statement from an independent engineer to the same effect, then this Agreement shall be void and of no further force or effect with respect to said New Building.

Appears in 1 contract

Samples: Facade Easement Agreement

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