Notice of Damage or Destruction. Tenant shall promptly notify Landlord of any damage or destruction of any Facility in excess of $250,000. Said notification shall include: (a) the date of the damage or destruction and the Facility or Facilities damaged, (b) the nature of the damage or destruction together with a description of the extent of such damage or destruction, (c) a preliminary estimate of the cost to repair, rebuild, restore or replace the Facility, and (d) a preliminary estimate of the schedule to complete the repair, rebuilding, restoration or replacement of the Facility. Damage or destruction shall not terminate this Lease.
Notice of Damage or Destruction. In the event of any significant damage to or destruction of the Buildings the Owner shall notify the Trust in writing of such damage or destruction to the Buildings within ten (10) clear days of such damage or destruction occurring.
Notice of Damage or Destruction. If the Project shall be damaged or destroyed (in whole or in part) at any time, Tenant shall promptly give written notice thereof to the Landlord and the Trustee.
Notice of Damage or Destruction. Adjusting Loss. If the Mortgaged Property or any part thereof shall be damaged or destroyed by fire or other casualty, the Mortgagor will promptly give written notice thereof to the insurance carrier and the Mortgagee, and will not adjust any damage or loss in excess of $200,000.00 unless the Mortgagee shall have joined in such adjustment; but if there has been no adjustment of any such damage or loss within four months from the date of occurrence thereof and if an Event of Default shall exist at the end of such four-month period or at any time thereafter, the Mortgagee may alone, make proof of loss, adjust and compromise any claim under the policies and appear in and prosecute any action arising from such policies. In connection therewith, the Mortgagor does hereby irrevocably authorize, empower and appoint the Mortgagee as attorney-in-fact for the Mortgagor (which appointment is coupled with an interest) to do any and all of the foregoing in the name and on behalf of the Mortgagor.
Notice of Damage or Destruction. In the event of Damaged or Destroyed Property, Lessee shall promptly give notice thereof to AFRH and all Approved Mortgagees.
16.5.1. Lessee shall as soon as reasonably practicable after the casualty restore the Damaged or Destroyed Property as nearly as possible to the condition which existed immediately prior to such loss or damage, subject to Section 16.5.2.
16.5.2. In the event that AFRH and any Approved Mortgagees in consultation with Lessee determine that there is Extensive Damage or Destruction of Improvements, either Party may terminate this Lease as provided in Section 8.3.2. In the event that AFRH shall determine that an Extensive Damage or Destruction of Improvements has not occurred, then neither Party shall have the right to terminate this Lease. In the event AFRH determines that such an event has occurred and the Approved Mortgagee disagrees with that determination, then the matter shall be determined pursuant to the provisions of Article XXIV of this Lease. If the Parties and any Approved Mortgagees mutually agree to repair, rebuild and replace less than all Damaged or Destroyed Property, then neither Party shall have the right to terminate this Lease as provided in Section 8.3.2 with respect to the Leased Premises on which the Damaged or Destroyed Property that will be repaired, rebuilt and replaced is situated.
16.5.3. Any insurance proceeds received as a result of any casualty loss to the Project shall be applied in the following order of priority: (a) first, to restoring the damaged area and removing any related debris to the reasonable satisfaction of AFRH; (b) second, to repairing, rebuilding and/or replacing the Leased Premises Improvements and the damaged area to the reasonable satisfaction of AFRH; (c) third, if required by AFRH or any Approved Mortgagee, to the payment of any outstanding liens held by AFRH or any Approved Mortgagee, in accordance with the order of priority of such liens, until all such liens are fully satisfied and released; and (d) fourth, the excess, if any, shall be paid to Lessee.
Notice of Damage or Destruction. Tenant shall provide to LAUSD written notice of any damage or destruction of the Leased Premises or any part thereof by fire or other cause. Tenant shall deliver said notice to LAUSD within twenty-four (24) hours of the occurrence of the damage, destruction or other cause. Immediately after the occurrence of any damage or destruction of the Leased Premises or any part thereof by any cause, Tenant, at its sole cost and expense, shall perform or caused to be performed those acts reasonably necessary to secure the Leased Premises in a safe and clean condition; provided, that all such acts shall be in compliance with Applicable Laws, ordinances, rules and regulations and LAUSD standards and policies.
Notice of Damage or Destruction. 37 4.4 Net Proceeds...........................................................37
Notice of Damage or Destruction. During the Agreement Term, WAQUA shall give EISD immediate written notice if any portion of the Property or Facility are substantially damaged or destroyed by fire, casualty, or other cause (a “Casualty”). Upon EISD’s receipt of any notice under this subsection, in the event a Casualty renders the facility to be inoperable for greater than 180 days, EISD shall be entitled to terminate this Agreement by giving WAQUA written notice within thirty (30) days of such Casualty or waive such right of termination and notify WAQUA of a suspension of this Agreement for such period as necessary to repair or reconstruct the Facility.
Notice of Damage or Destruction. In the event of Damaged or Destroyed Property, Lessee shall promptly give notice thereof to AFRH and all Approved Mortgagees.
16.5.1 Lessee shall as soon as reasonably practicable after the casualty restore the Damaged or Destroyed Property as nearly as possible to the condition which existed immediately prior to such loss or damage.
16.5.2 Any insurance proceeds received as a result of any casualty loss to the Project shall be applied in the following order of priority: (a) first, to restoring the damaged area and removing any related debris to the reasonable satisfaction of AFRH; (b) second, to repairing, rebuilding and/or replacing the Leased Premises Improvements and the damaged area to the reasonable satisfaction of AFRH; (c) third, if required by AFRH or any Approved Mortgagee, to the payment of any outstanding liens held by AFRH or any Approved Mortgagee, in accordance with the order of priority of such liens, until all such liens are fully satisfied and released; and (d) fourth, the excess, if any, shall be paid to Lessee.
Notice of Damage or Destruction. If any portion of the Network is physically damaged or destroyed, Network Owner (or its Network Operator) and Service Provider shall give immediate notice to the other party of the damage or destruction. Network Owner (and its Network Operator) and Service Provider shall reasonably cooperate with each other to reroute or substitute services delivered by means of the affected portion of the Network to allow for continued and least interrupted service to customers.
