Casualty Amount definition
Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);
Casualty Amount means, in relation to each Ship, Five hundred thousand Dollars ($500,000) or the equivalent in any other currency;
Casualty Amount means Two hundred and fifty thousand Dollars ($250,000) (or the equivalent in any other currency);
Examples of Casualty Amount in a sentence
Whether or not a Developer Default shall have occurred and be continuing, if a Casualty could result in Proceeds in excess of the Casualty Amount, Owner and Developer will jointly engage a public adjuster acceptable to Owner; provided, however, that Owner shall have the right to approve any final determination of such joint adjuster and any settlement which might result in any Proceeds in excess of the Casualty Amount.
More Definitions of Casualty Amount
Casualty Amount means US Dollars Three Million ($3,000,000) (or the equivalent amount in any other currency or currencies);
Casualty Amount means US dollars One Million ($1,000,000) (or the equivalent amount in any other currency or currencies);
Casualty Amount means, in relation to each Ship, two million Dollars ($2,000,000) or the equivalent in any other currency;
Casualty Amount means [*] (or the equivalent in any other currency);
Casualty Amount means five million Dollars ($5,000,000) (or the equivalent in any other currency) or, if the context so requires in respect of any single refurbishment of the Ship to be undertaken by the Lessee or, as the case may be, the Sub-Lessee during the period of twenty four (24) months from the date of this Lease, eight million Dollars ($8,000,000);
Casualty Amount means, with respect to any Item of Equipment leased hereunder as of any date specified for payment thereof, the sum of (A) a portion of the Lease Balance equal to the product obtained by multiplying the outstanding Lease Balance as of the Casualty Settlement Date by the Item Value Fraction of such Item of Equipment and (B) all other Rent due and owing under the Operative Documents.
Casualty Amount means five hundred thousand Dollars (USD 500,000) (or the equivalent in any other currency);