Common use of Major Loss Clause in Contracts

Major Loss. Any damage or destruction to, or condemnation of, any Real Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Hundred Thousand and No/100ths Dollars ($400,000.00).

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement (Strategic Realty Trust, Inc.)

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Major Loss. Any damage or destruction to, or condemnation of, any Real one Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Five Hundred Thousand and No/100ths Dollars ($400,000.00500,000).

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Rancon Realty Fund Iv), Purchase and Sale Agreement (Rancon Realty Fund V)

Major Loss. Any damage or destruction to, or condemnation of, any Real Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Two Hundred Fifty Thousand and No/100ths No/100th Dollars ($400,000.00250,000.00).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement (Strategic Realty Trust, Inc.)

Major Loss. Any damage or destruction to, or condemnation of, any Real Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Three Hundred Fifty Thousand and No/100ths Dollars ($400,000.00350,000.00).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement (Strategic Realty Trust, Inc.)

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Major Loss. Any damage or destruction to, or condemnation of, any Real Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Two Hundred Fifty Thousand and No/100ths Dollars ($400,000.00250,000.00).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.)

Major Loss. Any damage or destruction to, or condemnation of, any Real Property as to which the cost to repair, or the value of the portion taken, as the case may be, exceeds Four Two Hundred Thousand and No/100ths Dollars ($400,000.00200,000.00).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.)

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