Loss of Value Sample Clauses

Loss of Value. Borrower shall immediately, and in any event within five (5) Business Days, notify Mortgagee of any event causing any deterioration, loss or depreciation in value of any substantial portion of the Collateral and Borrower's best estimate of the amount of such deterioration, loss or depreciation.
AutoNDA by SimpleDocs
Loss of Value. The Owner Trustee shall promptly, and in any event within five (5) Business Days, notify the Mortgagee in writing of any event causing any material deterioration, loss or unscheduled depreciation in value of the Collateral and the Owner Trustee’s best estimate of the amount of such deterioration, loss or depreciation.
Loss of Value. The Collateral Agent shall not be liable or responsible for any loss or diminution in value of any of the property subject to the Liens created by the Collateral Documents, by reason of the act or omission of any Person.
Loss of Value. The Board acknowledges and agrees that the subject matter of this Agreement is unique and that it would not be possible for K12 to resell the Educational Products or the Services that are the subject of this Agreement. In view of the difficulty in estimating K12’s damages incurred, the parties agree to the extent not precluded by Applicable Law, for the purposes hereof that K12’s damages (in addition to those entitled under law or equity) shall be fifteen percent (15%) of the Program Revenues that would have been earned from the date of termination through the end of the Fiscal Year, in the Fiscal Year in which the Agreement is being terminated, due within thirty (30) days following date of such termination, if the Agreement was terminable because of the fault of the School as set forth in this Section 12. However, any liability or payment under this section may only arise if the School possesses a Surplus, and no event shall any liability or payment under this section be greater than seventy-five (75%) of the existing Surplus of the School.
Loss of Value. To address community concerns and provide Owner(s) with peace of mind when it comes to the Value of their Real Property, for the purpose of the PVP Program, Loss of Value is defined as: • Measurement of the difference in Value between Fair Market Value without the influence of the Project and Fair Market Value with the influence of the Project. Where Value is defined as the total Value of all Compensation received by the Owner(s) upon closing of sales transaction in an open market. • The PVP Program will compensate the difference between the Fair Market Value without the influence of the Project and the Fair Market Value with the influence of the Project. • Should the Owner(s) choose to transact below Fair Market Value, the PVP Program will focus on the loss calculated only by the difference between the Fair Market Value without the influence of the Project and the Fair Market Value with the influence of the Project.
Loss of Value. The Borrower shall immediately notify the Mortgagee of any event causing any deterioration, loss or depreciation in value of any substantial portion of the Collateral and the Borrower's best estimate of the amount of such deterioration, loss or depreciation.
Loss of Value. 32 Article 10 Miscellaneous................................32 ---------- ------------- 10.1 Release of Deed of Trust.....................32 10.2 Choice of Law................................33 10.3 Successors and Assigns.......................33 10.4 Partial Invalidity...........................33
AutoNDA by SimpleDocs
Loss of Value. Grantor hereby assures Beneficiary that Beneficiary will not suffer loss due to diminution of value of the Premises, whether during the term hereof or thereafter, due to Hazardous Material or Wastes upon the Premises, except for those Grantor proves were introduced onto the Premises after title has passed to Beneficiary by foreclosure or otherwise, or Beneficiary or a receiver appointed at the request of Beneficiary has taken control of the Premises, and will, upon demand, reimburse Beneficiary for any such loss of value.
Loss of Value. The actual or alleged loss, theft or unauthorized transfer of funds, securities or tangible property of any Indemnified or others in the care custody or control of any Indemnified;
Loss of Value. Loss of market value beyond the cost of repair or replacement. Loss or damage arising directly from pressure waves caused by aircraft and other aerial devices travelling at sonic or supersonic speeds
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!