Total Loss Event Sample Clauses

Total Loss Event. A Total Loss Event occurs.
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Total Loss Event. (a) In addition to Clause 2.2 (Termination), following the occurrence of a Total Loss Event:
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Total Loss Event. (a) If the Leased Yacht suffers a Total Loss Event, the lease thereof shall immediately terminate, and the Lessee shall be immediately liable to pay to the Lessor forthwith a Lease Termination Sum in respect of the Leased Yacht.
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Total Loss Event. 6.1. From the Musharaka Commencement Date and for as long as the Forward Lease Agreement has not been terminated, the Managing Agent shall maintain insurances for all risks and in accordance with Schedule 2, for the full replacement value of the Asset and in any event for an aggregate amount of no less than the amount equal to the Bank’s Total Contribution from time to time. :تﺎﻣﺪﺨﻟا ﻢﻳﺪﻘﺗ ةراد ا ﻞﻴﻛو ﻰﻠﻋ ựﺠﻳ ٢٫٣ .ﺎﻬﺑ لﻮﻤﻌﻤﻟا ﺢﺋاﻮﻠﻟاو ﻦﻴﻧاﻮﻘﻟا ﻊﻴﻤﺠﻟ iﻘﻓو ١٫٢٫٣ لﻮــﺻ ﺎﺑ ﻖــﻠﻌﺘﻳ ﺎــﻤﻟ ﻪﺘــﺳرﺎﻤﻣ ﺪــﻨﻋ ﻦــﻴﺘﺒﺟاﻮﻟا ﺔــﻳﺎﻨﻌﻟاو ةرﺎــﻬﻤﻟا ﺔــﺟرﺪﺑ ٢٫٢٫٣ .ﻪﻟ ﺔﺻﺎﺨﻟا .ﺔﻴﻣﻼﺳﻻا ﺔﻌﻳﺮﺸﻟا مﺎﻜﺣأو ئدﺎﺒﻣ ﻊﻣ ﻰﻓﺎﻨﺘﺗ ﻻ ﺔﻘﻳﺮﻄﺑ ٣٫٢٫٣ ﺔﻘﺒـﺴﻣ ﺔـﺑﻮﺘﻜﻣ ﺔـﻘﻓاﻮﻣ ựـﺟﻮﻤﺑ ،ﻦـﻃﺎﺒﻟا ﻦـﻣ ﺪـﻗﺎﻌﺘﻟا ةراد ا ﻞـﻴﻛﻮﻟ زﻮـﺠﻳ ٣٫٣ ةراد ا ﻞـﻴﻛو ﻞـﻤﺤﺘﻳ نأ iﻤـﺋاد طﺮﺘـﺸﻳو ،ﺚـﻟﺎﺛ فﺮـﻄﻟ تﺎـﻣﺪﺧ يأ ﻰـﻠﻋ ،ﻚـﻨﺒﻟا ﻦـﻣ ﻦــﻴﻟوﺎﻘﻤﻟا ءﻻﺆــﻫ ﻞــﺒﻗ ﻦــﻣ ﺎــﻫﺬﻴﻔﻨﺗ ﻢــﺘﻳ لﺎــﻤﻋأ يأ ﻦــﻋ Iدﺮــﻔﻨﻣ ﺔﻴﻟﻮﺌــﺴﻤﻟا ةراد ا ﻞـﻴﻛو ﻲـﻔﻌﻳ ﻻ ﻦـﻴﻟوﺎﻘﻤﻟا ءﻻﺆـﻫ ﻰـﻟإ ﻪـﻴﻟإ رﺎـﺸﻣ ﺾـﻳﻮﻔﺗ يأ نأو ﻦـﻴﻴﻋﺮﻔﻟا .ﺔﻴﻗﺎﻔﺗﻻا هﺬﻫ ựﺟﻮﻤﺑ ﻪﺗﺎﻴﻟﻮﺌﺴﻣو ﻪﺗﺎﻣاﺰﺘﻟا ﻦﻣ ﻞــﺒﻗ ﺔــﻣﺬﻟا ﻲــﻓ ﺔــﻓﻮﺻﻮﻤﻟا ةرﺎــﺟ ا ﺔــﻴﻗﺎﻔﺗا ءﺎــﻬﻧإ هﺪــﻨﻋ ﻢــﺘﻳ يﺬــﻟا ﺪــﺤﻠﻟ ٤٫٣ ﺔــﺒﺟاو ﺔﻘﺒــﺴﻣ رﺎــﺠﻳإ تﺎــﻋﻮﻓﺪﻣ يأ ﺢــﺒﺼﺗ نأ ﻞــﺒﻗو لوﺪــﺠﻤﻟا زﺎــﺠﻧ ا ﺦــﻳرﺎﺗ ﺔــﻓﻮﺻﻮﻤﻟا ةرﺎــﺟ ا ﺔــﻴﻗﺎﻔﺗا ựــﺟﻮﻤﺑ ﺮــﺟﺆﻤﻟا ﻪــﺘﻔﺼﺑ) ﻚــﻨﺒﻟا ﻞــﺒﻗ ﻦــﻣ دادﺮﺘــﺳﻻا ﻢــﻳﺪﻘﺗ ﻲــﻓ ﻞــﺸﻓ ﺪــﻗ ﺬــﺋﺪﻨﻋ ةراد ا ﻞــﻴﻛو ﺮــﺒﺘﻌﻳو ،ﻞــﻴﻤﻌﻟا ﻰــﻟإ (ﺔــﻣﺬﻟا ﻲــﻓ تاﺪﻨﺘـﺴﻣو لﻮـﺻ ا تﺎـﻔﺻاﻮﻤﻟ iﻘـﻓو لﺎـﻤﻋ ﺎﺑ مﺎـﻴﻘﻟا صﺎـﺧ ﻞﻜـﺸﺑو) تﺎـﻣﺪﺨﻟا ﺾــﻳﻮﻌﺘﺑ رﻮــﻔﻟا ﻰــﻠﻋ مﺎــﻴﻘﻟا ﻪــﻴﻠﻋ ựــﺠﻳو لوﺪــﺠﻤﻟا زﺎــﺠﻧ ا ﺦــﻳرﺎﺗ ﻲــﻓ (عوﺮــﺸﻤﻟا .ءﺎﻬﻧ ا ﺾﻳﻮﻌﺗ ﻎﻠﺒﻣ لدﺎﻌﻳ ﻎﻠﺒﻤﺑ ﻚﻨﺒﻟا صﺎــﺨﻟا بﺎــﺴﺤﻟا ﻰــﻠﻋ ﺔﻛرﺎــﺸﻤﻠﻟ ﻞﻴﻐــﺸﺘﻟا ﻒــﻴﻟﺎﻜﺘﻟا ﺪــﻴﻘﺗُ نأ ựــﺠﻳ ٥٫٣ .ﺔﻴﻠﻜﻟا ﺎﻤﻬﺗﺎﻤﻫﺎﺴﻣ ﻊﻣ ựﺳﺎﻨﺘﻳ ﺎﻤﺑ ﻦﻴﻓﺮﻄﻟا ﺎﻬﻠﻤﺤﺘﻳ ﻲﻟﺎﺘﻟﺎﺑو ﺔﻛرﺎﺸﻤﻟﺎﺑ ﺔﻴﻠﺣﺮﻤﻟا ﺔﻌﻓﺪﻟا .٤ ﺔــﻧﻮﻤﻀﻤﻟا ﺔــﻐﻴﺼﻟﺎﺑ ﻚــﻨﺒﻠﻟ ﺎــﻬﻤﻳﺪﻘﺗو ﺔﻘﺒــﺴﻤﻟا طوﺮــﺸﻟﺎﺑ ءﺎــﻓﻮﻟا رﻮــﻓ ١٫٤ ﻰـﻠﻋ لﻮـﺼﺤﻟا ﻲـﻓ ﻪـﻘﺣ ﻦـﻋ ﻚـﻨﺒﻟا لزﺎـﻨﺘﻳ ﺎـﻣﺪﻨﻋ وأ ﻚـﻨﺒﻟا ﻰـﻟإ ﺔﺒـﺴﻨﻟﺎﺑ ﺔـﻟﻮﺒﻘﻤﻟا وأ لﻮـﺒﻘﻟا ﻢـﺗ ﻪـﻧﺄﺑ ةراد ا ﻞـﻴﻛو رﺎـﻄﺧإ ﻚـﻨﺒﻟا ﻰـﻠﻋ ựـﺠﻳ ﻪـﻧﺈﻓ ، ﺔﻘﺒـﺴﻣ طوﺮـﺷ يأ .ﺔﻘﺒﺴﻤﻟا طوﺮﺸﻟا ﻦﻋ لزﺎﻨﺘﻟا ựــﻠﻃ ﻪــﻤﻳﺪﻘﺗ ﺪــﻌﺑ ﻂــﻘﻓ ﺔــﻴﻠﺣﺮﻤﻟا ﺔــﻌﻓﺪﻟا ựــﻠﻃ ةراد ا ﻞــﻴﻛﻮﻟ ﻖــﺤﻳ ٢٫٤ ﻞـﻤﻋ مﺎـﻳأ (٥) ﺔـﺴﻤﺧ ﻦـﻋ ﻞـﻘﺗ ﻻ ةﺮـﺘﻓ لﻼﺧ ﻚـﻨﺒﻟا ﻰـﻟإ ﺰـﺠﻨﻤﻟا ﺔـﻴﻠﺣﺮﻤﻟا ﺔـﻌﻓﺪﻟا ﻢــﺗ ﺮــﺧآ ﺖــﻗو ﻲــﻓ وأ ،بﻮــﻠﻄﻤﻟا ﺔــﻴﻠﺣﺮﻤﻟا ﺔــﻌﻓﺪﻟا ﻰــﻠﻋ لﻮــﺼﺤﻟا ﺦــﻳرﺎﺗ ﻞــﺒﻗ .ﻦﻴﻓﺮﻄﻟا ﻦﻴﺑ ﺎﻴﺑﺎﺘﻛ ﻪﻴﻠﻋ قﺎﻔﺗﻻا ﺪــﻗ ﺮــﺒﺘﻌﻳ ﻻو ءﺎــﻐﻟĽﻟ ﻞــﺑﺎﻗ ﺮــﻴﻏ ﺔــﻴﻠﺣﺮﻤﻟا ﺔــﻌﻓﺪﻟا ựــﻠﻃ نﻮــﻜﻳ نأ ựــﺠﻳ ٣٫٤ :ﻢﻟ ﺎﻣ ựﺟاﻮﻟا ﻮﺤﻨﻟا ﻰﻠﻋ ﻞﻤﺘﻛا ةﺮــﺘﻓ لﻼﺧ ﻊــﻗاو ﻞــﻤﻋ مﻮــﻳ يأ ﻲــﻓ حﺮــﺘﻘﻤﻟا ﺔــﻴﻠﺣﺮﻤﻟا ﺔــﻌﻓﺪﻟا ﺦــﻳرﺎﺗ نﻮــﻜﻳ ١٫٣٫٤ .ﺔﻴﻠﺣﺮﻤﻟا ﺔﻌﻓﺪﻟا ﻢﻳﺪﻘﺗ ﻎــﻠﺒﻣ لدﺎــﻌﻳ وأ ﻞــﻘﻳ ﻻ بﻮــﻠﻄﻤﻟا ﺔــﻴﻠﺣﺮﻤﻟا ﺔــﻌ...
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Total Loss Event. (a) If, prior to the Closing, there is an event or occurrence that, individually or in the aggregate with other circumstances, matters, events or occurrences, would reasonably be expected to result in more than fifty percent (50%) of the total installed manufacturing capacity at the EFK Facility becoming inoperable for a period of six (6) consecutive months (a “Total Loss Event”), and such Total Loss Event would reasonably be expected to be capable of being cured within eighteen (18) months after such Total Loss Event (the “Maximum Cure Period”) but prior to June 30, 2024, Seller and Seller Insurance Affiliate shall use their respective commercially reasonable efforts to cure such Total Loss Event (including Seller and Seller Insurance Affiliate (i) making claims upon all their respective property and casualty insurance policies that may cover losses in respect of such Total Loss Event (the “Total Loss Event Policies”), (ii) utilizing insurance proceeds received or receivable by Seller and Seller Insurance Affiliate with respect to the Total Loss Event Policies equal to at least the lesser of (A) the amount required to cure such Total Loss Event and (B) $750,000,000 (such amount, plus the aggregate amount of any deductible or retention payments payable under the Total Loss Event Policies, the “Total Loss Event Cap”), and (iii) paying all deductibles and retention payments under the Total Loss Event Policies in respect of such Total Loss Event). To the extent that the Total Loss Event Cap is not sufficient to cure the Total Loss Event, Buyer may, in its sole discretion (x) terminate this Agreement in accordance with Section 10.01(d)(ii) or (y) agree to pay the difference in excess of the Total Loss Event Cap to cure such Total Loss Event. Each of Seller and Seller Insurance Affiliate shall maintain all its insurance policies covering the EFK Facility and assets and properties related thereto in existence on the date hereof, in each case with terms no less favorable than those in existence on the date hereof and without (w) change in beneficiary, (x) lapse in coverage or (y) material increase in required deductibles or retention payments. Buyer shall maintain insurance policies adequate to cover losses related to the Consigned Tools (as such term is defined in the FTSA Attachment No.1) and shall apply any proceeds from such policies received in connection with any Total Loss Event to mitigate such losses; provided that such application of proceeds shall not ...
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Total Loss Event. If there is a Total Loss Event, Seller shall have cured such Total Loss Event pursuant to Section 6.07.
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Total Loss Event. (a) In respect of any Total Loss Event that occurs at any time with respect to a Mortgaged Vessel (the Mortgaged Vessel suffering such Total Loss Event being the “Lost Mortgaged Vessel”), within 365 days (subject to extension as provided herein) after the receipt of any Total Loss Event Proceeds, the Issuer or the applicable Subsidiary shall:
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Related to Total Loss Event

  • Total Loss An Event of Loss shall occur resulting in the actual or constructive total loss of the Vessel or the agreed or compromised total loss of the Vessel and the proceeds of the insurance in respect thereof shall not have been received within 150 days of the event giving rise to such Event of Loss; or

  • Risk of Loss/Condemnation Upon an occurrence of a casualty, condemnation or taking with respect to any Property, Seller shall notify Buyer in writing of same. Until Closing, the risk of loss or damage to the Property, except as otherwise expressly provided herein, shall be borne by Seller. In the event all or any portion of any Property is damaged in any casualty or condemned or taken (or notice of any condemnation or taking is issued) so that: (a) Tenant has a right of termination or abatement of rent under the Lease for such Property, or (b) with respect to any casualty, if the cost to repair such casualty would exceed $50,000, or (c) with respect to any condemnation, any Improvements or access to the Property or more than five percent (5%) of the Property is (or will be) condemned or taken, then, Buyer may elect to terminate this Agreement with respect to each such Property by providing written notice of such termination to Seller within ten (10) business days after Buyer’s receipt of notice of such condemnation, taking or damage, upon which termination a proportionate part of the Xxxxxxx Money shall be returned to the Buyer in accordance with the Purchase Price as set forth on Exhibit A1 and neither party hereto shall have any further rights, obligations or liabilities under this Agreement with respect to such Property, except as otherwise expressly set forth herein. With respect to any condemnation or taking (of any notice thereof), if Buyer does not elect to cancel this Agreement as aforesaid, there shall be no abatement of the Purchase Price and Seller shall assign to Buyer at the Closing the rights of Seller to the awards, if any, for the condemnation or taking, and Buyer shall be entitled to receive and keep all such awards. With respect to a casualty, if Buyer does not elect to terminate this Agreement with respect to any such Property or does not have the right to terminate this Agreement as aforesaid, there shall be no abatement of the Purchase Price and Seller shall assign to Buyer at the Closing the rights of Seller to the proceeds under Seller’s insurance policies covering such Property with respect to such damage or destruction (or pay to Buyer any such proceeds received prior to Closing) and pay to Buyer the amount of any deductible with respect thereto, and Buyer shall be entitled to receive and keep any monies received from such insurance policies.

  • Return or Destruction (a) As requested by the Furnishing Party during the Agreement Term, the Receiving Party will return or provide the Furnishing Party a copy of any designated Confidential Information of the Furnishing Party.

  • Damage or Destruction If the Project is damaged by fire or other insured casualty and the insurance proceeds have been made available therefor by the holder or holders of any mortgages or deeds of trust covering the Premises or the Project, the damage shall be repaired by Landlord to the extent such insurance proceeds are available therefor and provided such repairs can, in Landlord’s sole opinion, be completed within two hundred seventy (270) days after the necessity for repairs as a result of such damage becomes known to Landlord without the payment of overtime or other premiums, and until such repairs are completed rent shall be abated in proportion to the part of the Premises which is unusable by Tenant in the conduct of its business (but there shall be no abatement of rent by reason of any portion of the Premises being unusable for a period equal to one (1) day or less). Upon the occurrence of any damage to the Premises, Tenant shall assign to Landlord (or to any party designated by Landlord) all insurance proceeds payable to Tenant under Section 14(a)(ii)(A) above; provided, however, that if the cost of repair of improvements within the Premises by Landlord exceeds the amount of insurance proceeds received by Landlord from Tenant’s insurance carrier, as so assigned by Tenant, such excess costs shall be paid by Tenant to Landlord prior to Landlord’s repair of such damage. If repairs cannot, in Landlord’s opinion, be completed within two hundred seventy (270) days after the necessity for repairs as a result of such damage becomes known to Landlord without the payment of overtime or other premiums, either party may, at its option, elect to terminate this Lease by written notice to the other within thirty (30) days after Landlord’s determination of the anticipated time needed to complete the repairs. In addition, Landlord may elect to terminate this Lease if the Project shall be damaged by fire or other casualty or cause, whether or not the Premises are affected, and the damage is not fully covered, except for deductible amounts, by Landlord’s insurance policies. Finally, if the Premises or the Project is damaged to any substantial extent during the last twelve (12) months of the Term, then notwithstanding anything contained in this Article 16 to the contrary, either party shall have the option to terminate this Lease by giving written notice to the other of the exercise of such option within sixty (60) days after such party learns of the necessity for repairs as the result of such damage. A total destruction of the Project shall automatically terminate this Lease. Except as provided in this Article 16, there shall be no abatement of rent and no liability of Landlord by reason of any injury to or interference with Tenant’s business or property arising from such damage or destruction or the making of any repairs, alterations or improvements in or to any portion of the Project or the Premises or in or to fixtures, appurtenances and equipment therein. Tenant understands that Landlord will not carry insurance of any kind on Tenant’s furniture, furnishings, trade fixtures or equipment, and that Landlord shall not be obligated to repair any damage thereto or replace the same. Except for proceeds relating to Tenant’s furniture, furnishings, trade fixtures and equipment, Tenant acknowledges that Tenant shall have no right to any proceeds of insurance relating to property damage. With respect to any damage which Landlord is obligated to repair or elects to repair, Tenant, as a material inducement to Landlord entering into this Lease, irrevocably waives and releases its rights under the provisions of Sections 1932 and 1933 of the California Civil Code.

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