Casualty Restoration has the meaning provided in Section 8.2(a).
Casualty Restoration. 7.2.1 “Clearing Account Agreement” - Senior Loan Agreement “Condemnation” - 7.3.1 “Condemnation Restoration” - 7.3.1 “Consent of Manager” - 5.12.1 “Consumer Price Index” - 7.1.1(j) “Delinquency Date” - 5.2 “Determination Date” - 1.1 (Definition of LIBOR) “Disclosure Document” - 9.1.3 “Endorsement” - 5.26.6 “Environmental Indemnity” - 1.1 (Definition of Loan Documents) “Environmental Laws” - 4.21 “Environmental Reports” - 4.21
Casualty Restoration the meaning provided in Section 23 hereof.
Examples of Casualty Restoration in a sentence
The Casualty Restoration Work shall not include the repair and restoration of any of the trade fixtures, personal property or equipment of the Knicks (all of which the Knicks shall repair and restore at its sole cost and expense).
Licensor shall (i) keep the Knicks reasonably apprised of the progress and the estimated date of completion of the Casualty Restoration Work, and (ii) provide such information as may be reasonably requested by the Knicks from time to time with respect to the progress of the Casualty Restoration Work.
Licensor shall (i) keep the Rangers reasonably apprised of the progress and the estimated date of completion of the Casualty Restoration Work, and (ii) provide such information as may be reasonably requested by the Rangers from time to time with respect to the progress of the Casualty Restoration Work.
If, in such case, the Casualty Proceeds are insufficient to pay the full cost of the Casualty Restoration, Tenant shall pay the amount of any shortfall to Landlord.
The Casualty Restoration Work shall not include the repair and restoration of any of the trade fixtures, personal property or equipment of the Rangers (all of which the Rangers shall repair and restore at its sole cost and expense).
More Definitions of Casualty Restoration
Casualty Restoration means all work and other Alterations required in connection with any such repair, replacement, restoration and rebuilding to be made by the Restoring Party following a Casualty Event. “Claim” shall mean and include any demand, cause of action, proceeding or suit and the results thereof (i) for damages, losses, injuries to person or property, damages to natural resources, fines, penalties, expenses, liabilities, interest, contribution or settlement (including, without limitation, attorneys’ fees, court costs and disbursements), (ii) for the costs of site investigations, feasibility studies, information requests, health or risk assessments, and (iii) for enforcing insurance, contribution, or indemnification agreements. “Construction Warranties” shall mean warranties and guaranties as are customarily obtained in projects of similar size and scope from the contractors, construction managers, material suppliers and material subcontractors retained in connection with the Redevelopment. 2 4312031 v7-078791002
Casualty Restoration. PERIOD shall mean the period commencing on a Casualty Event and ending on the Casualty Rent Restoration Date, if any. CASUALTY RENT RESTORATION DATE the day, if any that Bloomberg resumes paying Rent for the portion of space affected by the applicable Casualty Event (provided that no other Casualty Restoration Period is then continuing) as determined by Lender in accordance with the terms of Section 16.5 hereof. CASUALTY EVENT shall mean a casualty affecting 10% or more of the Property which entitles Bloomberg to a rent abatement under the Bloomberg Lease.
Casualty Restoration shall have the meaning assigned to such term in Section 7.2 of the Management Agreement. "Cede & Co." shall mean the nominee of the DTC.
Casualty Restoration means either a Landlord’s Casualty Restoration or a Tenant’s Casualty Restoration.
Casualty Restoration. Casualty Retainage" - 7.4.1(b) "Clearing Account" - 3.1 "Clearing Account Agreement" - 1.1 (Definition of Loan Documents) "Clearing Bank" 3.1 "Condemnation" - 7.3.1 "Condemnation Proceeds" - 7.4.1 "Condemnation Restoration" - 7.3.1 "Delinquency Date" - 5.2 "Deposit Account" - 3.1 "Deposit Account Agreement" - 1.1 (Definition of Loan Documents) "Disclosure Document" - 9.
Casualty Restoration means, upon a Casualty or Condemnation, the safeguarding, clearing, repair, restoration, alteration, replacement, rebuilding, and reconstruction of the damaged or remaining Project, substantially consistent with its condition before such Casualty or Condemnation, in compliance with this Agreement and, if applicable, the Ground Lease, subject to any changes in Requirements of Law that would limit the foregoing.
Casualty Restoration means the restoration of the Facility in all material respects to its condition prior to the Casualty (but in no event to exceed the scope of the Plans) so that upon completion of same, the value and rental value of the Premises shall be at least equal to the value and rental value of the Facility immediately prior to the Casualty. If Landlord fails to object in writing to the estimates contained in Tenant’s Casualty Notice such estimates shall be deemed approved for purposes of this Section 23. If Tenant’s Casualty Notice provides that the estimated length of time that will be required to substantially complete the Casualty Restoration exceeds twelve (12)months from the date of the Casualty, and Landlord disagrees with said estimate, Landlord shall notify Tenant in writing within ten (10) days following Landlord’s receipt of Tenant’s Casualty Notice, in which event, Landlord shall have an additional twenty (20) day period to employ an architect and to deliver its estimate of such time to Tenant. If the estimate of Landlord’s architect provides that the time required to substantially complete the Casualty Restoration will exceed twelve (12) months from the date of Casualty, Tenant’s estimate shall be deemed confirmed and approved by Landlord. If the estimate of Landlord’s architect provides that the time required will not exceed said 12-month period, Landlord’s architect and Tenant’s architect shall promptly mutually select a third architect whose estimate of such time shall be: (i) made within ten (10) days following his or her appointment; and (ii) final and conclusive on both Landlord and Tenant. Landlord and Tenant shall bear the costs of their respective architects for purposes of the foregoing provision. The cost of the third architect shall be divided equally between Landlord and Tenant. With respect to a Casualty that occurs during the last twelve (12) months of the Term, in the event Tenant’s architect estimates that the cost of the Casualty Restoration would exceed fifteen (15%) percent of the replacement cost of the Facility (exclusive of excavations, foundations and footings) and Landlord disagrees with such estimate, the foregoing procedure to arrive at an approved time estimate shall be employed with respect to such cost estimate.