Common use of Casualty Value Clause in Contracts

Casualty Value. The Casualty Value of the Equipment shall at any time be the greater of (a) Fair Market Value at such time; or (b) as of the date of shipment from the manufacturer, 110% of Equipment Cost, such amount to decrease from month to month thereafter by 1.69% of Equipment Cost.

Appears in 1 contract

Samples: Master Agreement to Lease Equipment (Appliedtheory Corp)

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Casualty Value. The Casualty Value of the Equipment shall at any time be the greater of (a) Fair Market Value at such time; time or (b) as of the date of shipment from the manufacturerVendor, 110% of Equipment Cost, such amount to decrease from month to month thereafter by 1.69% of Equipment Cost.

Appears in 1 contract

Samples: Master Agreement to Lease Equipment (Ecotality, Inc.)

Casualty Value. The Casualty Value of the Equipment shall at any time be the greater of (a) Fair Market Value at such time; or (b) as of the date of the shipment from the manufacturer, 110% * of Equipment Cost, such amount to decrease from month to month thereafter by 1.69% * of Equipment Cost.. *THIS PORTION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION

Appears in 1 contract

Samples: Master Agreement to Lease Equipment (CTC Communications Group Inc)

Casualty Value. The Casualty Value of the Equipment shall at any time be the greater of (a) Fair Market Value at such time; or (b) as of the date of shipment from the manufacturer, 1101.10% of Equipment Cost, such amount to decrease from month to month thereafter by 1.69% of Equipment Cost.

Appears in 1 contract

Samples: Master Agreement to Lease Equipment (C Me Run Corp)

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Casualty Value. The Casualty Value of the Equipment shall at any time be the greater of (a) Fair Market Value at such time; or (b) as of the date of shipment from the manufacturerVendor, 110% of Equipment Cost, such amount to decrease from month to month thereafter by 1.69% of Equipment Cost.

Appears in 1 contract

Samples: Master Agreement to Lease Equipment (U S Wireless Data Inc)

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