Casualty Loss definition

Casualty Loss has the meaning set forth in Section 6.3(b).
Casualty Loss means the irreparable loss or destruction of Equipment.
Casualty Loss means, with respect to any item of Equipment, the loss, theft, damage beyond repair or governmental condemnation or seizure of such item of Equipment.

Examples of Casualty Loss in a sentence

  • Except for ordinary wear and tear and Casualty Loss, Seller shall maintain the 258 Property, including, but not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 259 IS Maintenance Requirement”).

  • Issue Date: 7/8/22 Type: R Notice of Termination Due to Casualty Loss TXR 2229 Designed to be used by either landlord or tenant when providing notice of termination due to significant damage on the Property as the result of a natural disaster or catastrophe.


More Definitions of Casualty Loss

Casualty Loss is defined in Section 6.5(a).
Casualty Loss means any loss, damage or reduction in value resulting from mechanical failure or defects, catastrophic occurrences, acts of God and any other losses which are not the result of (i) normal wear and tear, (ii) natural reservoir changes or (iii) changes in commodity pricing, operating expenses or the financial condition of a Party.
Casualty Loss means, with respect to any item of Contract Collateral, the loss, theft, damage beyond repair or governmental condemnation or seizure of such item of Contract Collateral.
Casualty Loss means, with respect to all or any portion of the Assets, any destruction by fire, storm or other casualty, or any condemnation or taking or threatened condemnation or taking, of all or any portion of the Assets.
Casualty Loss has the meaning set forth in Section 5.8.
Casualty Loss has the meaning specified in Section 2.4.
Casualty Loss means such term as defined in Section 7.6.