Effect of Loss or Damage Sample Clauses

Effect of Loss or Damage. Any loss or damage by fire or other casualty of or to any of Developer Improvements on the Leased Property at any time shall not operate to terminate this Lease or to relieve or discharge Developer from the payment of Rent, or from the payment of any money to be treated as Additional Rent in respect thereto, pursuant to this Lease, as the same may become due and payable, as provided in this Lease, or from the performance and fulfillment of any of Developer’s obligations pursuant to this Lease. No acceptance or approval of any insurance agreement or agreements by the City shall relieve or release or be construed to relieve or release Developer from any liability, duty or obligation assumed by, or imposed upon it by the provisions of this Lease.
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Effect of Loss or Damage. Any loss or damage to the Improvements by fire or other casualty at any time will not operate to terminate this Agreement or to relieve or discharge Operator from the performance and fulfillment of any of Operator’s obligations pursuant to this Agreement, including without limitation, the payment of the Operating Fee, as the same may become due and payable. The City’s acceptance or approval of any insurance agreement will not relieve or be construed to relieve Operator from any liability, duty or obligation set forth in this Agreement.
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Effect of Loss or Damage. Any loss or damage by fire or any other casualty of or to the Development Site at any time shall not operate to terminate this Agreement or to relieve or discharge Developer from (i) the payment of the Development Fee or Rent due under any Lease, (ii) payment of any money to be treated as Additional Fees or Additional Rent in respect thereto, or (iii) from the performance or fulfillment of any of Developer obligations pursuant to this Agreement as the same may become due or payable as provided in this Agreement. No acceptance or approval of any insurance agreement or agreement by the County shall relieve or release or be constructed to relieve or release Developer from any liability, duty, or obligation assumed by, or imposed upon it by the provisions of this Agreement.
Sample 1
Effect of Loss or Damage. Any loss or damage to the Premises caused by fire or other casualty will not operate to terminate this Agreement or to relieve or discharge VTUSA from the performance and fulfillment of any of VTUSA’s obligations pursuant to this Agreement, including without limitation, the payment of Rent, or the payment of any money to be treated as Additional Rent, as the same may become due and payable. The City’s acceptance or approval of any insurance agreement will not relieve or release or be construed to relieve or release VTUSA from any liability, duty or obligation set forth in this Agreement.
Sample 1
Effect of Loss or Damage. Any loss or damage by fire, hurricane, tornado, tsunami or other casualty of or to any of Lessee Improvements on the Leased Property at any time shall not operate to terminate this Lease or to relieve or discharge SAMP from the payment of Rent, or from the payment of any money to be treated as Additional Rent in respect thereto, pursuant to this Lease, as the same may become due and payable, as provided in this Lease, or from the performance and fulfillment of any of SAMP's obligations pursuant to this Lease. No acceptance or approval of any insurance agreement or agreements by the City shall relieve or release or be construed to relieve or release SAMP from any liability, duty or obligation assumed by, or imposed upon it by the provisions of this Lease. Notwithstanding anything herein to the contrary, the Parties will cooperate with each other to determine and pursue the most appropriate source of funds, appropriations, grant funds, FEMA or other sources in order to repair, rebuild or replace the improvements on the Leased Property in the event of catastrophic loss.
Sample 1
Effect of Loss or Damage. Any loss or damage by fire or other casualty of or to any of the Improvements on the Development Site at any time shall not operate to terminate this Agreement or to relieve or discharge Developer from the performance and fulfillment of any of Developer’s obligations pursuant to this Agreement. No acceptance or approval of any insurance agreement or agreements by the City shall relieve or release or be construed to relieve or release Developer from any liability, duty or obligation assumed by, or imposed upon it by the provisions of this Agreement.
Sample 1

Related to Effect of Loss or Damage

  • Loss or Damage Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.

  • RISK OF LOSS OR DAMAGE From the point the equipment leaves Company’s office in El Cajon, CA the Customer assumes all risks of loss or damage to the equipment from any cause.

  • Liability for loss or damage Subject to the provisions of the Occupiers Liability Act 1957 and the Defective Premises Act 1972, we shall not in any circumstances incur any liability in respect of loss or damage to any person or property or otherwise, unless the loss or damage was caused by our negligence.

  • Damage to Equipment The Parties shall exercise all necessary precautions to avoid causing damage to the other Party’s poles and Equipment and other pole attachers’ Equipment and shall assume responsibility to each other for any and all loss from any damage to the other Party’s poles or Equipment and reimburse the other Party for the entire expense incurred in making such repairs. Each Party shall assume responsibility to third parties for any and all loss from any damage caused to third party’s Equipment by such Party and shall reimburse such third party for the entire expense incurred in making repairs.

  • Lost Property i. We cannot accept responsibility for any items you leave behind in the property after your holiday, but if you contact My Holiday Marketing Ltd they will notify us and we will endeavour to locate the lost item(s).

  • Damage or Loss of Equipment 2.2.1. All devices are covered by a manufacturer’s warranty. The warranty covers manufacturer’s defects and normal use of the device. It does not cover negligence, abuse or malicious damage.

  • CASUALTY DAMAGE A. If all or any part of the Premises is damaged by fire or other casualty, Tenant shall immediately notify Landlord in writing. During any period of time that all or a material portion of the Premises is rendered untenantable as a result of a fire or other casualty, the Rent shall xxxxx for the portion of the Premises that is untenantable and not used by Tenant. Landlord shall have the right to terminate this Lease if: (1) the Building or the Project shall be damaged so that, in Landlord’s reasonable judgment, substantial alteration or reconstruction of the Building or the Project shall be required (whether or not the Premises has been damaged); (2) Landlord is not permitted by Law to rebuild the Building or the Project in substantially the same form as existed before the fire or casualty; (3) the Premises have been materially damaged and there is less than eighteen (18) months of the Term remaining on the date of the casualty; (4) any Mortgagee requires that the insurance proceeds be applied to the payment of the mortgage debt; or (5) a material uninsured loss to the Building or the Project occurs. Landlord may exercise its right to terminate this Lease by notifying Tenant in writing within 90 days after the date of the casualty. If Landlord does not terminate this Lease, Landlord shall commence and proceed with reasonable diligence to repair and restore the Building and the Premises Improvements (excluding any Alterations that were performed by Tenant in violation of this Lease). However, in no event shall Landlord be required to spend more than the insurance proceeds received by Landlord. Landlord shall not be liable for any loss or damage to Tenant’s Property or to the business of Tenant resulting in any way from the fire or other casualty or from the repair and restoration of the damage. Landlord and Tenant hereby waive the provisions of any Law relating to the matters addressed in this Article, and agree that their respective rights for damage to or destruction of the Premises shall be those specifically provided in this Lease. Tenant shall have the right to terminate this Lease i 1: (a) a substantial portion of the Premises has been damaged by fire or other casualty and such damage cannot reasonably be repaired (as reasonably determined by Landlord) within 60 days after Landlord’s receipt of all required permits to restore the Premises; (b) there is less than eighteen (18) months of the Term remaining on the date of such casualty; and (c) Tenant provides Landlord with written notice of its intent to terminate within thirty (30) days after the date of the fire or other casualty.

  • Damage Liability The University is not liable for damage to or loss of personal property, failure or interruption of utilities, or for injury or inconvenience to persons (except to the extent set forth in Florida Statutes, Sec. 768.28) Students are encouraged to provide their own personal property loss insurance.

  • Indemnity Consequential Damages and Insurance 18.1 Indemnity 18.1.1 Indemnified Party 18.1.2 Indemnifying Party 18.1.3 Indemnity Procedures 18.2 Consequential Damages 18.3 Insurance 18.3.1 18.3.2 18.3.3 18.3.4 18.3.5 18.3.6 18.3.7 18.3.8 18.3.9 18.3.10 18.3.11

  • Limitation of Liability of Escrow Agent The Escrow Agent will not be liable to any of the Parties hereunder for any action taken or omitted to be taken by it under or in connection with this Agreement, except for losses directly, principally and immediately caused by its bad faith, willful misconduct or gross negligence. Under no circumstances will the Escrow Agent be liable for any special, indirect, incidental, consequential, exemplary, aggravated or punitive losses or damages hereunder, including any loss of profits, whether foreseeable or unforeseeable. Notwithstanding the foregoing or any other provision of this Agreement, in no event will the collective liability of the Escrow Agent under or in connection with this Agreement to any one or more Parties, except for losses directly caused by its bad faith or willful misconduct, exceed the amount of its annual fees under this Agreement or the amount of three thousand dollars ($3,000.00), whichever amount shall be greater.

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