Common use of Casualty Value During Renewal Term Clause in Contracts

Casualty Value During Renewal Term. The Casualty Value as of the commencement of each Renewal Term shall be the fair market sales value of the Facility as of the end of the Basic Term or the preceding Renewal Term, as the case may be (determined in accordance with Section 19(a)), and on each Casualty Termination Date during such Renewal Term shall decline on a straight-line basis to a value for the final Casualty Termination Date for such Renewal Term equal to the fair market sales value of the Facility as of the end of such Renewal Term (determined in accordance with Section 19(a)).

Casualty Value During Renewal Term. The Casualty Value as of the commencement of each Renewal Term shall be the fair market sales value Fair Market Sales Value of the Facility as of the end of the Basic Term or the preceding Renewal Term, as the case may be (determined in accordance with Section 19(a)), and on each Casualty Termination Date during such Renewal Term shall decline on a straight-line basis to a value for the final Casualty Termination Date for such Renewal Term equal to the fair market sales value Fair Market Sales Value of the Facility as of the end of such Renewal Term (determined in accordance with Section 19(a)).

Casualty Value During Renewal Term. The Casualty Value as of ----------------------------------- the commencement of each Renewal Term shall be the fair market sales value Fair Market Sales Value of the Facility as of the end of the Basic Term or the preceding Renewal Term, as the case may be (determined in accordance with Section 19(a)), and on each Casualty Termination Date during such Renewal Term shall decline on a straight-line basis to a value for the final Casualty Termination Date for such Renewal Term equal to the fair market sales value Fair Market Sales Value of the Facility as of the end of such Renewal Term (determined in accordance with Section 19(a)).