{"component": "clause", "props": {"groups": [{"snippet": "Neither the businesses nor the properties of any Loan Party or any of its Subsidiaries are affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.", "size": 224, "samples": [{"hash": "frb4RPRfeQy", "uri": "/contracts/frb4RPRfeQy#casualty", "label": "Credit Agreement (Childrens Place, Inc.)", "score": 36.9561958313, "published": true}, {"hash": "fCl2iHz1RD3", "uri": "/contracts/fCl2iHz1RD3#casualty", "label": "Credit Agreement (Childrens Place, Inc.)", "score": 36.9561958313, "published": true}, {"hash": "9F0JGM8lPlA", "uri": "/contracts/9F0JGM8lPlA#casualty", "label": "Credit Agreement (Ascent Industries Co.)", "score": 36.9534568787, "published": true}], "snippet_links": [{"key": "the-properties", "type": "definition", "offset": [27, 41]}, {"key": "loan-party", "type": "definition", "offset": [49, 59]}, {"key": "affected-by", "type": "definition", "offset": [91, 102]}, {"key": "labor-dispute", "type": "clause", "offset": [159, 172]}, {"key": "act-of-god", "type": "definition", "offset": [217, 227]}, {"key": "the-public", "type": "definition", "offset": [234, 244]}, {"key": "other-casualty", "type": "clause", "offset": [254, 268]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [281, 305]}, {"key": "in-the-aggregate", "type": "definition", "offset": [336, 352]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [354, 385]}, {"key": "material-adverse-effect", "type": "clause", "offset": [393, 416]}], "hash": "743a1598490eb7d973717227a1ea4c8e", "id": 2}, {"snippet": "If he Project shall be damaged or destroyed, in whole or in part, by fire or other casualty (a \u201cCasualty\u201d), Borrower shall give prompt notice of such damage to Bank and Bank shall have the right to join Borrower in adjusting any loss. In addition, after the entry of any decree of foreclosure of the Mortgage, any purchaser at foreclosure sale or the decree creditor, as the case may be, shall also have the right to join in the adjustment of any such losses. Any moneys received as payment for any loss under any such insurance (the \u201cInsurance Proceeds\u201d) shall be paid over to Bank to be applied, at Bank\u2019s option subject to the terms hereof, either to (i) prepayment of the Note and other sums due under the Loan Documents or (ii) to the extent reasonably practicable, the reimbursement of Borrower from time to time of expenses incurred by Borrower in connection with the restoration of the Project (\u201cRestoration Work\u201d) and upon terms otherwise satisfactory to Bank. Bank shall have the right to participate in the adjustment of all claims for Insurance Proceeds. Borrower shall promptly commence and diligently prosecute the restoration of the Project, provided that Bank makes the Insurance Proceeds available to Borrower. Subject to Bank making sufficient insurance proceeds available to Borrower, Borrower shall pay all costs of such restoration whether or not such costs are covered by insurance. Provided and on condition that no Event of Default has occurred and is continuing, any prepayment of the Debt by application of Insurance Proceeds shall not be subject to any Prepayment Premium. Notwithstanding the foregoing, Bank will hold the Insurance Proceeds without interest and will release the insurance proceeds as restoration progresses in payment of restoration costs, subject to the following conditions:\n(a) There shall be no outstanding Event of Default;\n(b) At the time of the restoration (including a reasonable stabilization period), there will be Leases in place to generate sufficient income to cover all operating expenses of the Property and all debt service payments.\n(c) Bank shall approve the plans and specifications for the restoration, which approval shall not be unreasonably withheld, conditioned, or delayed;\n(d) The size, quality and use of the Improvements on the Land, or, alternatively, the Property Income derived therefrom, shall be substantially the same as or better than immediately prior to the casualty;\n(e) There shall be funds on deposit at all times with Bank, which together with any additional funds paid by \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587, are sufficient to complete the restoration, as certified by an architect approved by Bank;\n(f) The insurance proceeds will be disbursed under such reasonable procedures as may be established by Bank; and\n(g) Such other conditions as Bank would customarily be require as a construction lender, or are otherwise reasonable.", "size": 218, "samples": [{"hash": "eMXggWYq7zg", "uri": "/contracts/eMXggWYq7zg#casualty", "label": "Loan Agreement (City Office REIT, Inc.)", "score": 34.6262817383, "published": true}, {"hash": "bjjsngSbORn", "uri": "/contracts/bjjsngSbORn#casualty", "label": "Loan Agreement (City Office REIT, Inc.)", "score": 34.6262817383, "published": true}], "snippet_links": [{"key": "fire-or-other-casualty", "type": "clause", "offset": [69, 91]}, {"key": "borrower-shall", "type": "clause", "offset": [108, 122]}, {"key": "notice-of", "type": "clause", "offset": [135, 144]}, {"key": "to-bank", "type": "definition", "offset": [157, 164]}, {"key": "right-to-join", "type": "clause", "offset": [189, 202]}, {"key": "any-loss", "type": "definition", "offset": [225, 233]}, {"key": "in-addition", "type": "clause", "offset": [235, 246]}, {"key": "the-mortgage", "type": "clause", "offset": [296, 308]}, {"key": "foreclosure-sale", "type": "clause", "offset": [327, 343]}, {"key": "the-case", "type": "definition", "offset": [371, 379]}, {"key": "adjustment-of", "type": "clause", "offset": [429, 442]}, {"key": "moneys-received", "type": "clause", "offset": [464, 479]}, {"key": "payment-for", "type": "clause", "offset": [483, 494]}, {"key": "at-bank", "type": "clause", "offset": [598, 605]}, {"key": "subject-to-the-terms", "type": "clause", "offset": [615, 635]}, {"key": "prepayment-of-the-note", "type": "clause", "offset": [658, 680]}, {"key": "sums-due", "type": "definition", "offset": [691, 699]}, {"key": "the-loan-documents", "type": "clause", "offset": [706, 724]}, {"key": "to-the-extent", "type": "clause", "offset": [733, 746]}, {"key": "reimbursement-of-borrower", "type": "clause", "offset": [775, 800]}, {"key": "from-time-to-time", "type": "clause", "offset": [801, 818]}, {"key": "expenses-incurred", "type": "definition", "offset": [822, 839]}, {"key": "by-borrower", "type": "clause", "offset": [840, 851]}, {"key": "in-connection-with", "type": "clause", "offset": [852, 870]}, {"key": "restoration-of-the-project", "type": "clause", "offset": [875, 901]}, {"key": "restoration-work", "type": "definition", "offset": [904, 920]}, {"key": "participate-in", "type": "definition", "offset": [999, 1013]}, {"key": "claims-for", "type": "clause", "offset": [1036, 1046]}, {"key": "promptly-commence", "type": "clause", "offset": [1082, 1099]}, {"key": "provided-that", "type": "definition", "offset": [1157, 1170]}, {"key": "the-insurance", "type": "clause", "offset": [1182, 1195]}, {"key": "to-borrower", "type": "definition", "offset": [1215, 1226]}, {"key": "costs-of", "type": "definition", "offset": [1327, 1335]}, {"key": "covered-by", "type": "definition", "offset": [1383, 1393]}, {"key": "no-event-of-default", "type": "clause", "offset": [1436, 1455]}, {"key": "the-debt", "type": "clause", "offset": [1506, 1514]}, {"key": "application-of-insurance-proceeds", "type": "clause", "offset": [1518, 1551]}, {"key": "prepayment-premium", "type": "definition", "offset": [1580, 1598]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1600, 1629]}, {"key": "in-payment", "type": "clause", "offset": [1752, 1762]}, {"key": "restoration-costs", "type": "clause", "offset": [1766, 1783]}, {"key": "subject-to-the-following-conditions", "type": "clause", "offset": [1785, 1820]}, {"key": "time-of-the", "type": "clause", "offset": [1885, 1896]}, {"key": "stabilization-period", "type": "definition", "offset": [1933, 1953]}, {"key": "leases-in-place", "type": "definition", "offset": [1970, 1985]}, {"key": "to-generate", "type": "definition", "offset": [1986, 1997]}, {"key": "the-property", "type": "clause", "offset": [2051, 2063]}, {"key": "debt-service-payments", "type": "clause", "offset": [2072, 2093]}, {"key": "plans-and-specifications", "type": "definition", "offset": [2122, 2146]}, {"key": "the-improvements", "type": "clause", "offset": [2277, 2293]}, {"key": "the-land", "type": "clause", "offset": [2297, 2305]}, {"key": "property-income", "type": "definition", "offset": [2330, 2345]}, {"key": "prior-to-the", "type": "clause", "offset": [2427, 2439]}, {"key": "funds-on-deposit", "type": "definition", "offset": [2469, 2485]}, {"key": "at-all-times", "type": "clause", "offset": [2486, 2498]}, {"key": "additional-funds", "type": "clause", "offset": [2534, 2550]}, {"key": "complete-the", "type": "clause", "offset": [2587, 2599]}, {"key": "certified-by", "type": "clause", "offset": [2616, 2628]}, {"key": "by-bank", "type": "clause", "offset": [2651, 2658]}, {"key": "reasonable-procedures", "type": "clause", "offset": [2716, 2737]}, {"key": "other-conditions", "type": "clause", "offset": [2782, 2798]}, {"key": "construction-lender", "type": "definition", "offset": [2841, 2860]}], "hash": "a050005bf8b0d7c214dfe44c17af3f43", "id": 3}, {"snippet": "If the Building should be damaged or destroyed by fire or other casualty, Tenant shall give immediate written notice to Landlord. Within thirty (30) days after receipt thereof, Landlord shall notify Tenant whether such repairs can reasonably be made: (1) within thirty (30) days; (2) in more than thirty (30) days but in less than ninety (90) days; or (3) in more than ninety (90) days from the date of such notice.\n11.1.1. Less Than 30 Days. If the Building should be damaged only to such extent that rebuilding or repairs can be reasonably completed within thirty (30) days, this Lease shall not terminate and, provided that insurance proceeds are available to fully repair the damage, Landlord shall repair the Building, except that Landlord shall not be required to rebuild, repair or replace any alterations, partitions, fixtures, additions and other improvements which may have been placed in, on or about the Building by or for the benefit of Tenant. The Rent payable hereunder shall be abated proportionately from the date Tenant vacates the Building only to the extent rental abatement insurance proceeds are received by Landlord and the Building are unfit for occupancy.\n11.1.2. Greater Than 30 Days. If the Building should be damaged only to such extent that rebuilding or repairs can be reasonably completed in more than thirty (30) days but in less than ninety (90) days, then Landlord shall have the option of:\n(1) terminating the Lease effective upon the occurrence of such damage, in which event the Rent shall be abated from the date Tenant vacates the Building; or (2) electing to repair the Building, provided insurance proceeds are available to fully repair the damage (except that Landlord shall not be required to rebuild, repair or replace any part of the alterations, partitions, fixtures, additions and other improvements which may have been placed in, on or about the Building by or for the benefit of Tenant). The Rent payable hereunder shall be abated proportionately from the date Tenant vacates the Building only to the extent rental abatement insurance proceeds are received by Landlord and the Building is unfit for occupancy.\n11.1.3. Greater Than 90 Days. If the Building should be so damaged that rebuilding or repairs cannot be completed within ninety (90) days, either Landlord or Tenant may terminate by giving written notice within ten (10) days after notice from Landlord regarding the time period of repair; and this Lease and the Rent shall be abated from the date Tenant vacates the Building. In the event that neither party elects to terminate this Lease, Landlord shall promptly commence and diligently prosecute to completion the repairs to the Building , provided insurance proceeds are available to fully repair the damage (except that Landlord shall not be required to rebuild, repair or replace any alterations, partitions, fixtures, additions and other improvements which may have been placed in, on or about the Building by or for the benefit of", "size": 245, "samples": [{"hash": "jX3VGszTqrs", "uri": "/contracts/jX3VGszTqrs#casualty", "label": "Industrial Lease (Network Appliance Inc)", "score": 18.0, "published": true}, {"hash": "cCqkQXZH4xR", "uri": "/contracts/cCqkQXZH4xR#casualty", "label": "Industrial Lease (Network Appliance Inc)", "score": 18.0, "published": true}, {"hash": "aoOWazMQYRX", "uri": "/contracts/aoOWazMQYRX#casualty", "label": "Industrial Lease (Network Appliance Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-building", "type": "definition", "offset": [3, 15]}, {"key": "fire-or-other-casualty", "type": "clause", "offset": [50, 72]}, {"key": "tenant-shall", "type": "clause", "offset": [74, 86]}, {"key": "notice-to-landlord", "type": "clause", "offset": [110, 128]}, {"key": "within-thirty", "type": "clause", "offset": [130, 143]}, {"key": "days-after", "type": "definition", "offset": [149, 159]}, {"key": "landlord-shall", "type": "clause", "offset": [177, 191]}, {"key": "date-of", "type": "clause", "offset": [395, 402]}, {"key": "provided-that", "type": "definition", "offset": [613, 626]}, {"key": "insurance-proceeds", "type": "definition", "offset": [627, 645]}, {"key": "available-to", "type": "definition", "offset": [650, 662]}, {"key": "repair-or-replace", "type": "clause", "offset": [779, 796]}, {"key": "other-improvements", "type": "definition", "offset": [850, 868]}, {"key": "of-tenant", "type": "clause", "offset": [947, 956]}, {"key": "rent-payable", "type": "definition", "offset": [962, 974]}, {"key": "to-the-extent", "type": "clause", "offset": [1064, 1077]}, {"key": "rental-abatement-insurance", "type": "clause", "offset": [1078, 1104]}, {"key": "by-landlord", "type": "clause", "offset": [1127, 1138]}, {"key": "the-option", "type": "clause", "offset": [1410, 1420]}, {"key": "effective-upon", "type": "clause", "offset": [1451, 1465]}, {"key": "to-repair", "type": "clause", "offset": [1596, 1605]}, {"key": "greater-than-90-days", "type": "clause", "offset": [2167, 2187]}, {"key": "tenant-may-terminate", "type": "clause", "offset": [2317, 2337]}, {"key": "after-notice", "type": "definition", "offset": [2384, 2396]}, {"key": "from-landlord", "type": "clause", "offset": [2397, 2410]}, {"key": "period-of", "type": "clause", "offset": [2430, 2439]}, {"key": "in-the-event", "type": "clause", "offset": [2535, 2547]}, {"key": "neither-party", "type": "definition", "offset": [2553, 2566]}, {"key": "terminate-this-lease", "type": "clause", "offset": [2577, 2597]}, {"key": "promptly-commence", "type": "clause", "offset": [2614, 2631]}, {"key": "repairs-to-the", "type": "clause", "offset": [2675, 2689]}], "hash": "6e6bf57ff47f3e3c4b7ed42d39189ec5", "id": 1}, {"snippet": "If any Property shall be damaged or destroyed, in whole or in part, by fire or other casualty (a \u201cCasualty\u201d), Borrowers shall cause Mortgage Borrowers to give prompt notice of such damage to Lender and shall cause Mortgage Borrowers to promptly commence and diligently prosecute the completion of the Restoration so that such Property resembles, as nearly as possible, the condition such Property was in immediately prior to such Casualty, with such alterations as may be reasonably approved by Lender (to the extent such alterations are of a type that would require Lender\u2019s approval under Section 5.1.21 hereof) and otherwise in accordance with Section 6.4 of the Mortgage Loan Agreement, provided, that if (A) Mortgage Lender is obligated to make Net Proceeds available to Mortgage Borrowers for purposes of Restoration in accordance with Section 6.4 of the Mortgage Loan Agreement, (B) Mortgage Lender has received such Net Proceeds, and (C) Mortgage Lender has not made such Net Proceeds available to Mortgage Borrowers, then Borrowers shall not be required to cause Mortgage Borrowers to repair and restore such Property unless and until such Net Proceeds are made available to Mortgage Borrowers. It is expressly understood, however, that Mortgage Borrowers shall not be obligated to restore such Property to the precise condition of such Property prior to such Casualty provided such Property is restored, to the extent practicable, to be of at least equal value and of substantially the same character as prior to the Casualty. Borrowers shall pay, or shall cause Mortgage Borrowers to pay, all costs of such Restoration whether or not such costs are covered by insurance. Lender may, but shall not be obligated to make proof of loss if not made promptly by any Borrower or any Mortgage Borrower. In addition, Lender may participate in any settlement discussions with any insurance companies (and shall approve any final settlement) with respect to any Casualty in which the Net Proceeds or the costs of completing the Restoration are equal to or greater than the Restoration Threshold and the applicable Borrower shall, or shall cause the applicable Mortgage Borrower to, deliver to Lender all instruments reasonably required by Lender to permit such participation. In the event of a Casualty in which the Net Proceeds and the costs of completing the Restoration are each less than the Restoration Threshold, Borrowers may settle and adjust such claim without Lender\u2019s consent or participation.", "size": 113, "samples": [{"hash": "jhZHoS52cUq", "uri": "/contracts/jhZHoS52cUq#casualty", "label": "Third Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)", "score": 21.0, "published": true}, {"hash": "ibwHQBwW87A", "uri": "/contracts/ibwHQBwW87A#casualty", "label": "First Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)", "score": 21.0, "published": true}, {"hash": "gR1UMF8vkG1", "uri": "/contracts/gR1UMF8vkG1#casualty", "label": "Second Mezzanine Loan Agreement (Hard Rock Hotel Holdings, LLC)", "score": 21.0, "published": true}], "snippet_links": [{"key": "fire-or-other-casualty", "type": "clause", "offset": [71, 93]}, {"key": "mortgage-borrowers", "type": "definition", "offset": [132, 150]}, {"key": "notice-of", "type": "clause", "offset": [166, 175]}, {"key": "promptly-commence", "type": "clause", "offset": [236, 253]}, {"key": "completion-of-the", "type": "clause", "offset": [283, 300]}, {"key": "the-condition", "type": "clause", "offset": [369, 382]}, {"key": "by-lender", "type": "clause", "offset": [492, 501]}, {"key": "in-accordance-with", "type": "definition", "offset": [628, 646]}, {"key": "section-64", "type": "clause", "offset": [647, 658]}, {"key": "mortgage-loan-agreement", "type": "definition", "offset": [666, 689]}, {"key": "mortgage-lender", "type": "definition", "offset": [713, 728]}, {"key": "net-proceeds", "type": "definition", "offset": [750, 762]}, {"key": "available-to", "type": "definition", "offset": [763, 775]}, {"key": "for-purposes-of", "type": "clause", "offset": [795, 810]}, {"key": "to-repair", "type": "clause", "offset": [1091, 1100]}, {"key": "made-available", "type": "clause", "offset": [1166, 1180]}, {"key": "condition-of", "type": "clause", "offset": [1328, 1340]}, {"key": "to-the-extent-practicable", "type": "definition", "offset": [1414, 1439]}, {"key": "equal-value", "type": "clause", "offset": [1459, 1470]}, {"key": "prior-to-the", "type": "clause", "offset": [1514, 1526]}, {"key": "to-pay", "type": "clause", "offset": [1592, 1598]}, {"key": "costs-of", "type": "definition", "offset": [1604, 1612]}, {"key": "covered-by", "type": "definition", "offset": [1660, 1670]}, {"key": "lender-may", "type": "definition", "offset": [1682, 1692]}, {"key": "proof-of-loss", "type": "definition", "offset": [1729, 1742]}, {"key": "in-addition", "type": "clause", "offset": [1806, 1817]}, {"key": "participate-in", "type": "definition", "offset": [1830, 1844]}, {"key": "settlement-discussions", "type": "clause", "offset": [1849, 1871]}, {"key": "insurance-companies", "type": "definition", "offset": [1881, 1900]}, {"key": "final-settlement", "type": "clause", "offset": [1924, 1940]}, {"key": "with-respect-to", "type": "clause", "offset": [1942, 1957]}, {"key": "the-net", "type": "clause", "offset": [1980, 1987]}, {"key": "equal-to", "type": "definition", "offset": [2044, 2052]}, {"key": "restoration-threshold", "type": "definition", "offset": [2073, 2094]}, {"key": "borrower-shall", "type": "clause", "offset": [2114, 2128]}, {"key": "applicable-mortgage", "type": "definition", "offset": [2149, 2168]}, {"key": "deliver-to-lender", "type": "clause", "offset": [2182, 2199]}, {"key": "all-instruments", "type": "clause", "offset": [2200, 2215]}, {"key": "required-by", "type": "definition", "offset": [2227, 2238]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [2276, 2293]}, {"key": "without-lender", "type": "definition", "offset": [2462, 2476]}], "hash": "78614af8b29661b5805f4d48e0fd4908", "id": 7}, {"snippet": "(a) If any Property or Improvements in connection with a Hybrid Lease shall be materially damaged or destroyed, in whole or in part, by fire or other casualty (an \u201cInsured Casualty\u201d), the applicable Issuer shall give prompt notice thereof to the Indenture Trustee and the Property Manager. Following the occurrence of an Insured Casualty, the applicable Issuer shall promptly (or shall promptly cause the Tenant or Borrower to) proceed to restore, repair, replace or rebuild the same to be of at least equal value and of substantially the same character as prior to such damage or destruction, all to be effected in accordance with applicable law; provided that if the Property Manager shall not direct the Indenture Trustee to make any amounts received in connection with such Insured Casualty available to reimburse the applicable Issuer for the costs of such restoration, repair, replacement or rebuilding, such Issuer shall not be required to perform such restoration, repair, replacement or rebuilding, provided, further, that such Issuer shall take at its own expense such steps as may be reasonably required to put and maintain the Improvements in a safe and secure condition. The expenses incurred by the Property Manager in the adjustment and collection of any amounts received in connection with an Insured Casualty shall be deemed a Property Protection Advance and be secured hereby and shall be reimbursed by the applicable Issuer to the Property Manager pursuant to the terms of the Indenture.\n(b) In case of loss or damages to a Property not securing a Mortgage Loan or Improvements in connection with a Hybrid Lease covered by any of the Property Insurance Policies, the following provisions shall apply:\n(i) In the event of an Insured Casualty that does not exceed the greater of (a) $100,000.00 or (b) five percent (5%) of the Fair Market Value of the applicable Property or Improvements in connection with a Hybrid Lease, the applicable Issuer may settle and adjust any claim without the consent of the Property Manager and agree with the insurance company or companies on the amount to be paid upon the loss. In such case, such Issuer is hereby authorized to collect and to distribute such amounts distributed in connection with an Insured Casualty in accordance with the terms and provisions of the related Lease.\n(ii) In the event an Insured Casualty shall exceed the greater of (a) $100,000.00 or (b) five percent (5%) of the Fair Market Value of the applicable Properties or Improvements in connection with a Hybrid Lease, then and in that event, the applicable Issuer may settle and adjust any claim without the consent of the Property Manager and agree with the insurance company or companies on the amount to be paid on the loss and shall immediately deposit such amounts received in connection with an Insured Casualty into the Casualty and Condemnation Sub-Account, in accordance with the terms of the Indenture and this Agreement.\n(iii) In the event of an Insured Casualty where the loss is in an aggregate amount more than the greater of (a) $100,000.00 or (b) five percent (5%) of the Fair Market Value of the applicable Properties or Improvements in connection with a Hybrid Lease, and if, in the reasonable judgment of the Property Manager the Property can be restored within twenty-four (24) months to an economic unit not materially less valuable (including an assessment of the impact of the termination of any Leases due to such Insured Casualty) and not materially less useful than the same was prior to the Insured Casualty, then, if no Event of Default under the Indenture shall have occurred and be then continuing, the amounts received in connection with such an Insured Casualty (after reimbursement of any reasonable expenses incurred by the Property Manager) shall be collected by the Property Manager, and promptly delivered to and deposited by Indenture Trustee into the Casualty and Condemnation Proceeds Sub-Account, and shall be distributed to the applicable Issuer to reimburse such Issuer or the subject Tenant for the cost of restoring, repairing, replacing or rebuilding the Property or Improvements in connection with a Hybrid Lease or part thereof subject to the Insured Casualty, in the manner set forth below, provided, the Indenture Trustee makes the amounts received in connection with such an Insured Casualty available for the same, such Issuer hereby covenants and agrees to commence and diligently prosecute, or cause the applicable Tenant to commence and diligently prosecute, such restoring, repairing, replacing or rebuilding; provided, that such Issuer or the subject Tenant shall pay all costs (and if required by the Property Manager, such Issuer shall deposit the total thereof with the Indenture Trustee in advance) of such restoring, repairing, replacing or rebuilding in excess of the net proceeds made available pursuant to the terms hereof.\n(iv) Subject to clauses (i)-(iii) in this Section 3.19(b), an Issuer may elect for proceeds from an Insured Casualty or Condemnation to be (A) applied to the payment of the Notes without Make Whole Amount, (B) applied to reimburse the applicable Issuer or the subject Tenant for the cost of restoring, repairing, replacing or rebuilding the Property or Improvements in connection with a Hybrid Lease or part thereof subject to the Insured Casualty, in the manner set forth below or (C) provided that such amounts are greater than or equal to the Collateral Value of the related Property, deposited into the Release Account to be used to acquire Qualified Substitute Properties, Qualified Substitute Hybrid Leases or Qualified Substitute Loans, as applicable.\n(v) In the event the applicable Issuer is entitled to reimbursement out of the amounts held by the Indenture Trustee, such amounts shall be disbursed from time to time by the Indenture Trustee, at the written direction of the Property Manager, upon the Property Manager being furnished with (1) evidence satisfactory to it of the estimated cost of completion of the restoration, repair, replacement and rebuilding, (2) funds or, at the Property Manager\u2019s option, assurances reasonably satisfactory to the Property Manager that such funds are available, sufficient in addition to the proceeds to complete the proposed restoration, repair, replacement and rebuilding, and (3) such architect\u2019s certificates, waivers of lien, contractor\u2019s sworn statements, title insurance endorsements, bonds, plats of survey and such other reasonable evidences of cost, payment and performance as the Property Manager may reasonably require and approve. No payment made prior to the final completion of the restoration, repair, replacement and rebuilding shall exceed ninety percent (90%) of the value of the work performed from time to time; funds other than proceeds shall be disbursed prior to disbursement of such proceeds; and at all times, the undisbursed balance of such proceeds remaining in the hands of the Indenture Trustee, together with funds deposited for that purpose or irrevocably committed to the satisfaction of the Property Manager by or on behalf of such Issuer for that purpose, shall be at least sufficient in the reasonable judgment of the Property Manager to pay for the cost of completion of the restoration, repair, replacement or rebuilding, free and clear of all liens or claims for lien. Any surplus which may remain out of proceeds held by the Indenture Trustee after payment of such costs of restoration, repair, replacement or rebuilding shall be transferred to the Collection Account as Insurance Proceeds and be applied to the payment of the Notes as provided in subparagraph (iii)(A) above.\n(vi) Notwithstanding anything to the contrary contained herein, if any Permitted Lease shall obligate the Tenant thereunder to repair, restore or rebuild the affected Property after the occurrence of an Insured Casualty, the applicable Issuer, at the direction of the Property Manager, shall deposit the proceeds of an Insured Casualty in the Casualty and Condemnation Sub-Account and Indenture Trustee shall make such proceeds available, subject only to the conditions set forth in such Permitted Lease and the conditions set forth in the first sentence of subparagraph (iv) above.\n(c) Notwithstanding anything contained herein to the contrary (including in Section 3.20 below), in the case of loss or damages covered by any of the Property Insurance Policies with respect to a Property securing a Mortgage Loan or any Condemnation with respect to any such Property, the related proceeds shall be applied in accordance with the related Loan Documents.", "size": 183, "samples": [{"hash": "hlbZMbq5YpM", "uri": "/contracts/hlbZMbq5YpM#casualty", "label": "Property Management and Servicing Agreement (Store Capital LLC)", "score": 35.3107452393, "published": true}, {"hash": "hzqab30CyVn", "uri": "/contracts/hzqab30CyVn#casualty", "label": "Eighth Amended and Restated Property Management and Servicing Agreement (Store Capital LLC)", "score": 34.4154701233, "published": true}, {"hash": "hPL3dFG08an", "uri": "/contracts/hPL3dFG08an#casualty", "label": "Indenture Agreement (STORE CAPITAL Corp)", "score": 30.8672142029, "published": true}], "snippet_links": [{"key": "in-connection-with", "type": "clause", "offset": [36, 54]}, {"key": "hybrid-lease", "type": "definition", "offset": 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{"key": "required-by", "type": "definition", "offset": [4671, 4682]}, {"key": "the-total", "type": "clause", "offset": [4731, 4740]}, {"key": "in-advance", "type": "clause", "offset": [4776, 4786]}, {"key": "net-proceeds", "type": "definition", "offset": [4859, 4871]}, {"key": "made-available", "type": "clause", "offset": [4872, 4886]}, {"key": "subject-to-clauses", "type": "clause", "offset": [4922, 4940]}, {"key": "casualty-or-condemnation", "type": "clause", "offset": [5025, 5049]}, {"key": "payment-of-the-notes", "type": "clause", "offset": [5075, 5095]}, {"key": "equal-to", "type": "definition", "offset": [5450, 5458]}, {"key": "collateral-value", "type": "definition", "offset": [5463, 5479]}, {"key": "related-property", "type": "definition", "offset": [5487, 5503]}, {"key": "release-account", "type": "definition", "offset": [5524, 5539]}, {"key": "to-acquire", "type": "definition", "offset": [5551, 5561]}, {"key": "substitute-properties", "type": "definition", "offset": [5572, 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"offset": [6611, 6621]}, {"key": "final-completion", "type": "definition", "offset": [6640, 6656]}, {"key": "the-value", "type": "clause", "offset": [6749, 6758]}, {"key": "work-performed", "type": "clause", "offset": [6766, 6780]}, {"key": "at-all-times", "type": "clause", "offset": [6889, 6901]}, {"key": "funds-deposited", "type": "clause", "offset": [7007, 7022]}, {"key": "satisfaction-of", "type": "clause", "offset": [7072, 7087]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [7109, 7127]}, {"key": "pay-for", "type": "definition", "offset": [7241, 7248]}, {"key": "free-and-clear", "type": "clause", "offset": [7327, 7341]}, {"key": "claims-for", "type": "clause", "offset": [7358, 7368]}, {"key": "the-collection-account", "type": "clause", "offset": [7552, 7574]}, {"key": "insurance-proceeds", "type": "definition", "offset": [7578, 7596]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [7689, 7739]}, {"key": "permitted-lease", "type": "definition", "offset": [7755, 7770]}, {"key": "to-repair", "type": "clause", "offset": [7808, 7817]}, {"key": "affected-property", "type": "definition", "offset": [7842, 7859]}, {"key": "trustee-shall", "type": "definition", "offset": [8079, 8092]}, {"key": "subject-only", "type": "definition", "offset": [8123, 8135]}, {"key": "the-conditions", "type": "clause", "offset": [8139, 8153]}, {"key": "in-the-case", "type": "clause", "offset": [8364, 8375]}, {"key": "with-respect-to", "type": "clause", "offset": [8445, 8460]}, {"key": "related-loan-documents", "type": "definition", "offset": [8613, 8635]}], "hash": "587a604bcfaf2057f42cabb92e1e389b", "id": 5}, {"snippet": "Except as provided in Article 4, Seller assumes all risks and liability for damage to or injury occurring to the Property by fire, storm, accident, or any other casualty or cause until Closing. If, between the Effective Date and the Closing Date, the Property suffers Material Damage, then Seller shall promptly notify Buyer. Buyer may elect, by written notice delivered to Seller within fifteen (15) days after receipt of such notice, either to (a) terminate this Agreement upon which neither party shall have any further obligation to the other except as may be expressly provided herein, or (b) continue to Closing and award any insurance proceeds resulting from the Material Damage to Buyer (but only to the extent that the proceeds do not exceed the Purchase Price and provided that Seller shall be entitled to retain any business interruption insurance proceeds that are applicable to the period prior to the Closing Date). The Closing Date may be extended as necessary to permit Buyer and Seller the full fifteen (15) days. \u201cMaterial Damage\u201d means damage costing in Seller\u2019s Judgment [$_____________] or more to repair. If Buyer does not terminate this Agreement in the case of Material Damage, Seller shall assign to Buyer at the Closing its right to recover under any insurance policies covering such damage (but only to the extent that the proceeds do not exceed the Purchase Price and provided that Seller shall be entitled to retain any business interruption insurance proceeds that are applicable to the period prior to the Closing Date) and shall pay Buyer at the Closing the amount of the deductible or other self-insured retention, if any. If between the Effective Date and the Closing Date, the Property suffers damage which is not Material Damage, Seller shall, at Seller\u2019s option, either (i) repair such damage at its expense, to the reasonable approval of Buyer prior to the Closing (and if such repair cannot reasonably be completed prior to the Closing, Seller shall have the right to extend the Closing Date until such repairs are completed), or (ii) convey the Property to Buyer without making such repairs and assign to Buyer all insurance proceeds payable on account of such damage (but only to the extent that the proceeds do not exceed the Purchase Price and provided that Seller shall be entitled to retain any business interruption insurance proceeds that are applicable to the period prior to the Closing Date).", "size": 203, "samples": [{"hash": "zzTTDDEa4X", "uri": "/contracts/zzTTDDEa4X#casualty", "label": "Purchase and Sale Agreement (Thinking Green)", "score": 29.4490070343, "published": true}, {"hash": 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"clause", "offset": [2151, 2164]}], "hash": "aa3009ed23c23a3e0ba0eb52331cb30d", "id": 4}, {"snippet": "(a) If the Demised Premises shall be partially or totally damaged or destroyed by fire or other casualty (each, a \u201cCasualty\u201d), then Tenant, at Tenant\u2019s sole cost and expense, shall promptly repair and restore the Demised Premises, including Landlords\u2019 Work, Tenant\u2019s Improvements and Betterments, Tenant\u2019s Property and Fixtures with or without the collection of the insurance proceeds attributable to such Casualty.\n(b) If all or part of the Demised Premises shall be rendered untenantable by reason of a Casualty, the Fixed Rent and the Additional Rent under Sections 2.02 and 2.03 shall be abated in the proportion that the untenantable area of the Demised Premises bears to the total area of the Demised Premises, for the period from the date of the Casualty to the earlier of:\n(i) the date the Demised Premises is made tenantable (provided, that if the Demised Premises would have been tenantable at an earlier date but for Tenant having failed diligently to prosecute repairs or restoration, then the Demised Premises shall be deemed to have been made tenantable on such earlier date and the abatement shall cease); or\n(ii) the date Tenant or any subtenant reoccupies a portion of the Demised Premises for the ordinary conduct of business (in which case the Fixed Rent and the Additional Rent allocable to such reoccupied portion shall be payable by Tenant from the date of such occupancy). Landlord\u2019s determination of the date the Demised Premises is tenantable shall be controlling unless Tenant disputes same by written notice to Landlord within 10 days after such determination by Landlord and pending resolution of such dispute, Tenant shall pay Rent in accordance with Landlord\u2019s determination. Notwithstanding the foregoing, if by reason of any act or omission by Tenant, any subtenant or any of their respective partners, directors, officers, servants, employees, agents or contractors, Landlord, any Superior Lessor or any Superior Mortgagee shall be unable to collect all of the insurance proceeds (including, without limitation, rent insurance proceeds) applicable to the Casualty, then, without prejudice to any other remedies which may be available to Landlord, there shall be no abatement of Rent. Nothing contained in this Section 7.05 shall relieve Tenant from any liability that may exist as a result of any Casualty.", "size": 157, "samples": [{"hash": "bWvRrUGXL2C", "uri": "/contracts/bWvRrUGXL2C#casualty", "label": "Lease Agreement (1847 Goedeker Inc.)", "score": 32.4195747375, "published": true}, {"hash": "lrnSR0nXcfn", "uri": "/contracts/lrnSR0nXcfn#casualty", "label": "Lease Agreement (1847 Goedeker Inc.)", "score": 32.3347015381, "published": true}, {"hash": "f2NXRWo4kE3", "uri": "/contracts/f2NXRWo4kE3#casualty", "label": "Lease Agreement (1847 Goedeker Inc.)", "score": 32.3347015381, "published": true}], "snippet_links": [{"key": "the-demised-premises", "type": "clause", "offset": [7, 27]}, {"key": "fire-or-other-casualty", "type": "clause", "offset": [82, 104]}, {"key": "at-tenant", "type": "definition", "offset": [140, 149]}, {"key": "cost-and-expense", "type": "clause", "offset": [157, 173]}, {"key": "improvements-and-betterments", "type": "definition", "offset": [267, 295]}, {"key": "the-insurance", "type": "clause", "offset": [362, 375]}, {"key": "the-fixed-rent", "type": "clause", "offset": [515, 529]}, {"key": "the-additional-rent", "type": "clause", "offset": [534, 553]}, {"key": "total-area", "type": "definition", "offset": [681, 691]}, {"key": "period-from", "type": "definition", "offset": [725, 736]}, {"key": "date-of", "type": "clause", "offset": [741, 748]}, {"key": "a-portion", "type": "definition", "offset": [1173, 1182]}, {"key": "ordinary-conduct-of-business", "type": "clause", "offset": [1215, 1243]}, {"key": "by-tenant", "type": "definition", "offset": [1352, 1361]}, {"key": "determination-of-the", "type": "clause", "offset": [1407, 1427]}, {"key": "tenant-disputes", "type": "clause", "offset": [1496, 1511]}, {"key": "notice-to-landlord", "type": "clause", "offset": [1528, 1546]}, {"key": "days-after", "type": "definition", "offset": [1557, 1567]}, {"key": "such-determination", "type": "definition", "offset": [1568, 1586]}, {"key": "by-landlord", "type": "clause", "offset": [1587, 1598]}, {"key": "pending-resolution", "type": "clause", "offset": [1603, 1621]}, {"key": "tenant-shall", "type": "clause", "offset": [1639, 1651]}, {"key": "pay-rent", "type": "clause", "offset": [1652, 1660]}, {"key": "in-accordance-with", "type": "definition", "offset": [1661, 1679]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1706, 1735]}, {"key": "act-or-omission", "type": "definition", "offset": [1757, 1772]}, {"key": "superior-lessor", "type": "definition", "offset": [1914, 1929]}, {"key": "superior-mortgagee", "type": "definition", "offset": [1937, 1955]}, {"key": "without-limitation", "type": "clause", "offset": [2025, 2043]}, {"key": "rent-insurance-proceeds", "type": "clause", "offset": [2045, 2068]}, {"key": "applicable-to", "type": "clause", "offset": [2070, 2083]}, {"key": "without-prejudice-to-any", "type": "clause", "offset": [2104, 2128]}, {"key": "other-remedies", "type": "clause", "offset": [2129, 2143]}, {"key": "available-to", "type": "definition", "offset": [2157, 2169]}, {"key": "no-abatement-of-rent", "type": "clause", "offset": [2195, 2215]}, {"key": "nothing-contained-in-this-section", "type": "clause", "offset": [2217, 2250]}], "hash": "1f591555ed3888585c0c79af99e8940c", "id": 6}, {"snippet": "Risk of loss to the Property from fire or other casualty shall be borne by Seller until the Closing. In the event of any minor damage or destruction to the Property or any portion thereof, Seller and Buyer shall proceed to close under this Agreement and Buyer will receive (and Seller will assign to Buyer at the Closing, Seller\u2019s rights under insurance policies to receive) any insurance proceeds (including any rent loss insurance applicable to any period on and after the Closing Date) due Seller as a result of such damage or destruction and assume responsibility for such repair, and Buyer shall receive a credit at Closing for any deductible, uninsured or coinsured amount under said insurance policies. For purposes of this Agreement, the term \u201cminor damage or destruction\u201d shall mean such instances of damage or destruction (i) which can be repaired or restored at a cost of Two Hundred Thousand and No/100 Dollars ($200,000.00) or less; and (ii) which can be restored and repaired within 120 days from the date of such damage or destruction; and (iii) in which Seller\u2019s rights under its rent loss insurance policy covering the Property (or portions thereof) are assignable to Buyer and will continue pending restoration and repair of the damage or destruction; and (iv) does not permit any Tenant to terminate its Tenant Lease. In the event of such minor damage or destruction and Seller under any provision of this Agreement is unable or refuses to credit to Buyer the amount of such loss, Seller being under no obligation to do so, Buyer shall have the right to terminate this Agreement, the Deposit shall be returned to Buyer and the parties shall have no further obligations to or recourse against each other except for provisions that expressly survive termination of this Agreement.", "size": 62, "samples": [{"hash": "iYUNEdiDoDD", "uri": "/contracts/iYUNEdiDoDD#casualty", "label": "Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.)", "score": 22.3141689301, "published": true}, {"hash": "3Swu5VBd7uT", "uri": "/contracts/3Swu5VBd7uT#casualty", "label": "Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.)", "score": 22.3141689301, "published": true}, {"hash": "2y0RSFYo2Pu", "uri": "/contracts/2y0RSFYo2Pu#casualty", "label": "Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.)", "score": 22.3141689301, "published": true}], "snippet_links": [{"key": "loss-to", "type": "clause", "offset": [8, 15]}, {"key": "fire-or-other-casualty", "type": "clause", "offset": [34, 56]}, {"key": "by-seller", "type": "clause", "offset": [72, 81]}, {"key": "in-the-event-of", "type": "definition", "offset": [101, 116]}, {"key": "damage-or-destruction-to-the-property", "type": "clause", "offset": [127, 164]}, {"key": "seller-and-buyer-shall", "type": "clause", "offset": [189, 211]}, {"key": "buyer-will", "type": "clause", "offset": [254, 264]}, {"key": "seller-will", "type": "clause", "offset": [278, 289]}, {"key": "to-buyer", "type": "definition", "offset": [297, 305]}, {"key": "at-the-closing", "type": "clause", "offset": [306, 320]}, {"key": "rights-under-insurance-policies", "type": "clause", "offset": [331, 362]}, {"key": "to-receive", "type": "definition", "offset": [363, 373]}, {"key": "insurance-proceeds", "type": "definition", "offset": [379, 397]}, {"key": "rent-loss-insurance", "type": "definition", "offset": [413, 432]}, {"key": "applicable-to", "type": "clause", "offset": [433, 446]}, {"key": "after-the-closing-date", "type": "clause", "offset": [465, 487]}, {"key": "responsibility-for", "type": "clause", "offset": [553, 571]}, {"key": "credit-at-closing", "type": "clause", "offset": [611, 628]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [710, 740]}, {"key": "the-term", "type": "definition", "offset": [742, 750]}, {"key": "cost-of", "type": "clause", "offset": [875, 882]}, {"key": "date-of", "type": "clause", "offset": [1015, 1022]}, {"key": "insurance-policy", "type": "definition", "offset": [1106, 1122]}, {"key": "repair-of", "type": "clause", "offset": [1233, 1242]}, {"key": "does-not-permit", "type": "clause", "offset": [1279, 1294]}, {"key": "tenant-lease", "type": "definition", "offset": [1323, 1335]}, {"key": "provision-of", "type": "clause", "offset": [1407, 1419]}, {"key": "no-obligation-to", "type": "clause", "offset": [1519, 1535]}, {"key": "right-to-terminate-this-agreement", "type": "clause", "offset": [1564, 1597]}, {"key": "the-deposit", "type": "clause", "offset": [1599, 1610]}, {"key": "the-parties-shall", "type": "clause", "offset": [1642, 1659]}, {"key": "no-further-obligations", "type": "clause", "offset": [1665, 1687]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [1767, 1796]}], "hash": "444aa17f5dba898eebb7d438d3191fab", "id": 10}, {"snippet": "If prior to Settlement all or any portion of the Property is destroyed or damaged and the reasonable cost of repair and restoration with materials of like kind and quality is greater than twenty percent (20%) of the Purchase Price (\u201cMaterial Damage\u201d), then either Seller or Purchaser shall have the right, at such party\u2019s option, to terminate this Agreement by giving written notice to the other within ten (10) days after the date of the casualty, whereupon the Deposit shall be returned to Purchaser (provided Purchaser is not otherwise in default hereunder) and neither party shall have any further liability hereunder (except with respect to Purchaser\u2019s repair and indemnification obligations as set forth in Sections 2(b), 13 and 14). If the cost of repair and restoration is less than or equal to the Material Damage threshold, or if more than the Material Damage threshold and neither Seller nor Purchaser elects to terminate this Agreement, Seller and Purchaser shall proceed to Settlement and Seller, in its sole discretion, shall either (a) assign to Purchaser all of its right, title, and interest in and to the proceeds of any and all fire or other casualty insurance proceeds relating to such damage, or (b) credit Purchaser at Settlement in the amount of such insurance proceeds (subject to adjustment as provided below); provided that Seller shall not be responsible for any deductibles or other losses not covered by such proceeds and there shall be no credit or adjustment of the Purchase Price. Notwithstanding the foregoing, Seller shall be entitled to, but not obligated, to make such repair and restoration (or commence such repair and restoration) prior to Settlement, in which event Seller shall be entitled to apply any insurance proceeds to the cost of such repair and restoration incurred by Seller or obtain a credit from Purchaser at Settlement in the amount of the cost of such repair and restoration incurred by Seller. As used herein, \u201c other casualty\u201d shall mean casualty insured under a customary property damage insurance policy without modifications or endorsements, and does not include an event or occurrence involving Hazardous Substances or other environmental matters or similar events or occurrences.", "size": 98, "samples": [{"hash": "lP9tYHYyGhy", "uri": "/contracts/lP9tYHYyGhy#casualty", "label": "Purchase and Sale Agreement", "score": 26.6618747711, "published": true}, {"hash": "89F4RJIJwUu", "uri": "/contracts/89F4RJIJwUu#casualty", "label": "Purchase and Sale Agreement", "score": 26.6618747711, "published": true}, {"hash": "86Vg4CTk979", "uri": "/contracts/86Vg4CTk979#casualty", "label": "Purchase and Sale Agreement", "score": 26.6618747711, "published": true}], "snippet_links": [{"key": "prior-to-settlement", "type": "clause", "offset": [3, 22]}, {"key": "the-property", "type": "clause", "offset": [45, 57]}, {"key": "cost-of-repair-and-restoration", "type": "definition", "offset": [101, 131]}, {"key": "material-damage", "type": "definition", "offset": [233, 248]}, {"key": "the-right", "type": "clause", "offset": [295, 304]}, {"key": "such-party", "type": "clause", "offset": [309, 319]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [333, 357]}, {"key": "notice-to-the", "type": "clause", "offset": [376, 389]}, {"key": "days-after", "type": "definition", "offset": [412, 422]}, {"key": "date-of", "type": "clause", "offset": [427, 434]}, {"key": "the-deposit", "type": "clause", "offset": [459, 470]}, {"key": "to-purchaser", "type": "definition", "offset": [489, 501]}, {"key": "default-hereunder", "type": "clause", "offset": [542, 559]}, {"key": "neither-party-shall", "type": "clause", "offset": [565, 584]}, {"key": "further-liability", "type": "clause", "offset": [594, 611]}, {"key": "with-respect-to", "type": "clause", "offset": [630, 645]}, {"key": "indemnification-obligations", "type": "definition", "offset": [669, 696]}, {"key": "the-cost", "type": "clause", "offset": [743, 751]}, {"key": "equal-to", "type": "definition", "offset": [794, 802]}, {"key": "the-material", "type": "definition", "offset": [803, 815]}, {"key": "damage-threshold", "type": "clause", "offset": [816, 832]}, {"key": "neither-seller", "type": "clause", "offset": [884, 898]}, {"key": "seller-and-purchaser", "type": "clause", "offset": [949, 969]}, {"key": "sole-discretion", "type": "definition", "offset": [1017, 1032]}, {"key": "and-interest", "type": "clause", "offset": [1096, 1108]}, {"key": "casualty-insurance-proceeds", "type": "clause", "offset": [1161, 1188]}, {"key": "relating-to", "type": "definition", "offset": [1189, 1200]}, {"key": "at-settlement", "type": "clause", "offset": [1238, 1251]}, {"key": "subject-to", "type": "clause", "offset": [1294, 1304]}, {"key": "provided-that", "type": "definition", "offset": [1336, 1349]}, {"key": "seller-shall", "type": "clause", "offset": [1350, 1362]}, {"key": "responsible-for", "type": "clause", "offset": [1370, 1385]}, {"key": "covered-by", "type": "definition", "offset": [1422, 1432]}, {"key": "no-credit", "type": "clause", "offset": [1466, 1475]}, {"key": "adjustment-of-the-purchase-price", "type": "clause", "offset": [1479, 1511]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1513, 1542]}, {"key": "to-apply", "type": "clause", "offset": [1731, 1739]}, {"key": "by-seller", "type": "clause", "offset": [1815, 1824]}, {"key": "a-credit", "type": "definition", "offset": [1835, 1843]}, {"key": "insurance-policy", "type": "definition", "offset": [2046, 2062]}, {"key": "an-event", "type": "clause", "offset": [2123, 2131]}, {"key": "hazardous-substances", "type": "definition", "offset": [2156, 2176]}, {"key": "other-environmental-matters", "type": "clause", "offset": [2180, 2207]}, {"key": "similar-events", "type": "clause", "offset": [2211, 2225]}], "hash": "921c3fb276af1cce05bf666ba32c2605", "id": 8}, {"snippet": "If, prior to the Closing, the Property is materially destroyed or damaged by fire or other casualty, the Seller shall promptly notify the Purchaser of such fact. In such event, the Purchaser shall have the right to terminate this Agreement by giving notice to the Seller not later than ten (10) days after the giving the Seller\u2019s notice (and, if necessary, the Closing Date shall be extended until one day after the expiration of such ten-day period). If the Purchaser elects to terminate this Agreement as aforesaid, this Agreement shall terminate and be of no further force and effect and no party shall have any liability to the other hereunder. If less than a material part of the Property shall be affected by fire or other casualty or if the Purchaser shall not elect to terminate this Agreement as aforesaid, there shall be no abatement of the Purchase Price and the Seller shall assign to the Purchaser at the Closing the rights of the Seller to the proceeds, if any, under the Seller\u2019s insurance policies covering the Property with respect to such damage or destruction and there shall be credited against the Purchase Price the amount of any deductible, any proceeds previously received by Seller on account thereof and any deficiency in proceeds.", "size": 93, "samples": [{"hash": "iVJrZOAQpkN", "uri": "/contracts/iVJrZOAQpkN#casualty", "label": "Purchase and Sale Agreement (Government Properties Income Trust)", "score": 21.4599590302, "published": true}, {"hash": "cm9crsqi6mb", "uri": "/contracts/cm9crsqi6mb#casualty", "label": "Purchase and Sale Agreement (HRPT Properties Trust)", "score": 21.4599590302, "published": true}, {"hash": "cUBpHahSSIJ", "uri": "/contracts/cUBpHahSSIJ#casualty", "label": "Purchase and Sale Agreement (HRPT Properties Trust)", "score": 21.4599590302, "published": true}], "snippet_links": [{"key": "prior-to-the-closing", "type": "clause", "offset": [4, 24]}, {"key": "the-property", "type": "clause", "offset": [26, 38]}, {"key": "fire-or-other-casualty", "type": "clause", "offset": [77, 99]}, {"key": "the-seller-shall", "type": "clause", "offset": [101, 117]}, {"key": "notify-the", "type": "clause", "offset": [127, 137]}, {"key": "the-purchaser-shall", "type": "clause", "offset": [177, 196]}, {"key": "right-to-terminate-this-agreement", "type": "clause", "offset": [206, 239]}, {"key": "notice-to-the-seller", "type": "clause", "offset": [250, 270]}, {"key": "days-after", "type": "definition", "offset": [295, 305]}, {"key": "the-closing-date", "type": "clause", "offset": [357, 373]}, {"key": "expiration-of", "type": "clause", "offset": [416, 429]}, {"key": "day-period", "type": "clause", "offset": [439, 449]}, {"key": "force-and-effect", "type": "clause", "offset": [570, 586]}, {"key": "no-party", "type": "clause", "offset": [591, 599]}, {"key": "material-part", "type": "clause", "offset": [664, 677]}, {"key": "affected-by", "type": "definition", "offset": [703, 714]}, {"key": "no-abatement", "type": "clause", "offset": [831, 843]}, {"key": "the-purchase-price", "type": "clause", "offset": [847, 865]}, {"key": "at-the-closing", "type": "clause", "offset": [911, 925]}, {"key": "rights-of-the-seller", "type": "clause", "offset": [930, 950]}, {"key": "insurance-policies", "type": "definition", "offset": [995, 1013]}, {"key": "with-respect-to", "type": "clause", "offset": [1036, 1051]}, {"key": "damage-or-destruction", "type": "definition", "offset": [1057, 1078]}, {"key": "received-by-seller", "type": "clause", "offset": [1188, 1206]}, {"key": "deficiency-in-proceeds", "type": "clause", "offset": [1234, 1256]}], "hash": "9db68261e30e7a0efb7fbb4b2cde2f44", "id": 9}], "next_curs": "ClESS2oVc35sYXdpbnNpZGVyY29udHJhY3Rzci0LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhFjYXN1YWx0eSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 6904, "parents": [["casualty-and-condemnation", "Casualty and Condemnation"], ["risk-of-loss", "Risk of Loss"], ["representations-and-warranties", "Representations and Warranties"], ["insurance-casualty-and-condemnation", "Insurance Casualty and Condemnation"], ["insurance-casualty-condemnation", "Insurance Casualty Condemnation"]], "children": [["waiver", "Waiver"], ["no-abatement-of-rent", "No Abatement of Rent"], ["insurance-proceeds", "Insurance Proceeds"], ["damage-or-destruction", "Damage or Destruction"], ["restoration-of-tenants-property", "Restoration of Tenant's Property"]], "title": "Casualty", "id": "casualty", "related": [["casualty-loss-and-condemnation", "CASUALTY LOSS AND CONDEMNATION", "<strong>CASUALTY</strong> LOSS AND CONDEMNATION"], ["condemnation-and-casualty", "Condemnation and Casualty", "Condemnation and <strong>Casualty</strong>"], ["condemnation-or-casualty", "Condemnation or Casualty", "Condemnation or <strong>Casualty</strong>"], ["casualty-damage", "Casualty Damage", "<strong>Casualty</strong> Damage"], ["casualty-loss", "Casualty Loss", "<strong>Casualty</strong> Loss"]], "related_snippets": [], "updated": "2026-04-25T04:25:46+00:00"}, "json": true, "cursor": ""}}