Destruction of Improvements. The Mortgaged Property is demolished, destroyed, or substantially damaged so that, in Beneficiary’s sole judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
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Samples: Credit Agreement (Powersecure International, Inc.), Term Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.)
Destruction of Improvements. The Mortgaged Property is demolished, destroyed, or substantially damaged so that, in Beneficiary’s sole judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
Appears in 2 contracts
Destruction of Improvements. The If the Mortgaged Property is demolished, destroyed, or substantially damaged so that, in Beneficiary’s sole 's reasonable judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage dama8e within a reasonable period of time.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Healthtech International Inc)
Destruction of Improvements. The If the Mortgaged Property is demolished, destroyed, or substantially damaged so that, in Beneficiary’s sole reasonable judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
Appears in 1 contract
Samples: Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.)
Destruction of Improvements. The Mortgaged Property is demolished, --------------------------- destroyed, or substantially damaged so that, in Beneficiary’s 's sole judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
Appears in 1 contract
Samples: Cellstar Corp
Destruction of Improvements. The If the Mortgaged Property is so demolished, destroyed, destroyed or substantially damaged so that, that (in Beneficiary’s sole 's judgment, ) it cannot be restored or rebuilt with available funds to the a profitable condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
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Destruction of Improvements. The Mortgaged Property is demolished, destroyed, or substantially damaged so that, in Beneficiary’s Lender's sole judgment, it cannot be restored or rebuilt with available funds to the condition existing immediately prior to such demolition, destruction, or damage within a reasonable period of time.
Appears in 1 contract
