Material Loss definition

Material Loss means an uninsured:

Material Loss means any damage, loss or destruction to any portion of the Real Property, the loss of which is equal to or greater than Five Hundred Thousand and No/100 Dollars ($500,000.00) (measured by the cost of repair or replacement).

Material Loss means all costs, expenses, damages or liabilities, including attorneys’ fees and other costs of litigation (either threatened or pending) arising out of or based on a breach by a Participant (“Indemnifying Participant”) of any representation, warranty or covenant contained in this Agreement, including without limitation:

Examples of Material Loss in a sentence

Gains and losses will be reflected on the Fund’s daily share sheet, and the Fund will be reimbursed for any Net Material Loss on a monthly basis.
If the damage or condemnation does not result in a Material Loss, then (i) Buyer shall have no right to terminate this Agreement, and (ii) Seller shall assign to Buyer at the Closing all proceeds of insurance or condemnation awards payable by reason of such damage or condemnation, if any.
Subject to Section 8.3 hereof, there shall have been no Material Loss.
For the avoidance of doubt, in no event shall the COVID-19 pandemic or any governmental response thereto constitute a Material Loss.
Buyer’s termination right or Buyer’s acceptance right shall be exercised by written notice to Seller within thirty (30) Calendar Days (but in no event later than the Closing Date) after Buyer receives written notice from Seller of the occurrence of the Material Loss or Condemnation Proceeding.

Material Loss means any Event of Loss the Restoration of which is reasonably estimated by the Borrower to cost more than $500,000.

Material Loss is defined in Section 17.3.

Material Loss is a casualty that results, as of the Closing Date, in the termination or announced termination of a Lease for an Anchor Tenant, or the cessation or announced cessation of business by an Anchor Department Store with no plans to reopen, or the termination of other Leases aggregating more than twenty percent (20%) of leasable area of the Real Property (excluding for these purposes space covered by Leases for Anchor Tenants), or a condemnation or taking which materially and adversely affects access to or from the Real Property on a permanent basis or results in the permanent loss of more than five percent (5%) of the existing leasable area of the Real Property or which will result in the termination of any Lease for an Anchor Tenant.

Material Loss has the meaning ascribed to it in Section 7.12(b).

Material Loss means a loss resulting from a casualty that either (i) diminishes the value of the Property in an amount of at least 10% of the Purchase Price or (ii) results in a loss of at least 10% of the aggregate square footage of the Land as of the Effective Date.

Material Loss means an Event of Loss with respect to the Pipeline for which the total Loss Proceeds payable in respect of the lost or damaged Property are more than $10,000,000 and equal to or less than $100,000,000.

Material Loss means, for the relevant period, the aggregate amount of Client-Supplied Materials lost in such period (a) in the performance of Services by Hovione, or any of its agents, subcontractors or employees or, subject to Section 6.6(e), failure of Product to meet the Manufacturing Standards, or (b) as a result of any Yield Loss, in each case using as a base line the specified range of the quantity of Client-Supplied Material used to Manufacture a kilogram of Product as set forth in the Validation Report.