Severable definition

Severable means, with respect to any Modification, any Modification that can be readily removed from a Site or portion of such Site without damaging it in any material respect or without diminishing or impairing the value, utility, useful life or condition that the Site or portion of such Site would have had if such Modification had not been made (assuming the Site or portion of such Site would have been in compliance with this Agreement without such Modification). Notwithstanding the foregoing, a Modification shall not be considered Severable if such Modification is necessary to render the Site or portion of such Site complete for its intended use by Tower Operator (other than Modifications consisting of ancillary items of Tower Operator Equipment of a kind customarily furnished by lessees or operators of property comparable to the Site or portion of such Sites).
Severable means, with respect to any Alteration, any Alteration that can be readily removed from a Site or portion of such Site without damaging it in any material respect or without diminishing or impairing the value, utility, useful life or condition that the Site or portion of such Site would have had if such Alteration had not been made (assuming the Site or portion of such Site would have been in compliance with this Agreement without such Alteration), and without causing the Site or portion of such Site to become "limited use property" within the meaning of Rev. Proc. 2001-28, 2001-1 C.B. 1156. Notwithstanding the foregoing, an Alteration will not be considered Severable if such Alteration is necessary to render the Site or portion of such Site complete for its intended use by Lessee (other than Alterations consisting of ancillary items of Equipment of a kind customarily furnished by lessees or operators of property comparable to the Site or portion of such Sites).
Severable means, with respect to any Modification, any Modification that can be readily removed from a Site or portion of such Site without damaging it in any material respect or without diminishing or impairing the value, utility, useful life or condition that the Site or portion of such Site would have had if such Modification had not been made (assuming the Site or portion of such Site would have been in compliance with this Agreement without such Modification). For purposes of this Agreement, the addition or removal of generators or similar systems used to provide power or back-up power at a Site shall be considered a Severable Modification.

Examples of Severable in a sentence

  • Sediment and debris accumulation in storage and fore bay areas (including catch basins) x.Any nonstructural practices xi.

  • Damage to any Electricity Facility or Severable Improvement that is located on or encroaches onto that portion of the Land subject to an easement excepted in Schedule B, which damage results from the exercise of the right to maintain the easement for the purpose for which it was granted or reserved.

  • ALTA 36.3-06 ENERGY PROJECT - LEASEHOLD - LOAN Subject to certain exceptions, exclusions and conditions outlined therein, this endorsement, when affixed to a loan policy, insures against certain identified loss arising from Eviction contrary to the terms of a Lease, or the lawful prevention of the use of the Land or any Electrical Facility or Severable Improvement for the purposes permitted by the Lease, in either case as a result of a matter covered by the policy.

  • ALTA 36.5-06 ENERGY PROJECT - COVENANTS, CONDITIONS AND RESTRICTIONS - LAND UNDER DEVELOPMENT - LOAN Subject to certain exceptions, exclusions and conditions outlined therein, this endorsement, when affixed to a loan policy, insures against loss or damage sustained by the Insured by reason of certain violations of enforceable covenants, conditions and restrictions, by any Electricity Facility or Severable Improvement, unless an exception in Schedule B of the policy identifies the violation.

  • ALTA 36.8-06 ENERGY PROJECT - FEE ESTATE - LOAN POLICY Subject to certain exceptions, exclusions and conditions outlined therein, when affixed to a Loan Policy, this Endorsement insures against certain identified loss arising from the lawful deprivation, in whole or in part, of the right of use of the Land or any Electricity Facility or Severable Improvement as a result of a matter covered by the Policy.


More Definitions of Severable

Severable means, with respect to any Modification, any Modification that can be readily removed from a Site or portion of such Site without damaging it in any material respect or without diminishing or impairing the value, utility, useful life or condition that the Site or portion of such Site would have had if such Modification had not been made (assuming the Site or portion of such Site would have been in compliance with this Agreement without such Modification). For purposes of this Agreement, the addition or removal of generators or similar systems used to provide power or back-up power at a Site shall be considered a Severable Modification. Notwithstanding the foregoing, a Modification shall not be considered Severable if such Modification is necessary to render the Site or portion of such Site complete for its intended use by Tower Operator (other than Modifications consisting of ancillary items of Tower Operator Equipment of a kind customarily furnished by lessees or operators of property comparable to the Site or portion of such Sites).
Severable means that if any provision of this Reimbursement Agreement is found by a court to be unenforceable, the rest of the Reimbursement Agreement will still be enforced so long as enforcing the remaining provisions of the Agreement would not frustrate the parties’ intent in entering into the Agreement.
Severable means that if any provision of this Reimbursement Agreement is found by a court to be unenforceable, the rest of the Reimbursement Agreement will still be enforced so long as enforcing the remaining provisions of the Agreement would not frustrate the parties’ intent in entering into the Agreement. b. This Reimbursement Agreement will be interpreted according to California law, and any lawsuit brought under it shall be filed in a court of competent jurisdiction located in Alameda County.
Severable. New Starts $825
Severable. The validity or unenforceability of any provisions shall in no way affect the validity or enforcement of any other provision.
Severable means with respect to an Invention, that it is severable from the KTI Patent Rights, meaning that the exploitation of such Invention would not infringe any KTI Patent Rights.
Severable means, with respect to any Modification, any Modification that can be readily removed from a Site or portion of such Site without damaging it in any material respect or without diminishing or impairing the value, utility, useful life or condition that the Site or- 8 -portion of such Site would have had if such Modification had not been made (assuming the Site or portion of such Site would have been in compliance with this Agreement without such Modification). For purposes of this Agreement, the addition or removal of generators or similar systems used to provide power or back-up power at a Site shall be considered a Severable Modification.