Significant Economic Injury definition

Significant Economic Injury means a monetary loss to a Disaster Relief Borrower caused as a direct result of a disaster in a Disaster Area which the Disaster Relief Borrower cannot remedy using unencumbered, and readily available, cash on hand without suffering further significant economic hardship.

Significant Economic Injury means the value of the property if the variance were denied would be substantially lower than its value if the variance were granted. To satisfy this standard, the applicant need not prove that denial of the variance would mean the practical loss of all beneficial use of the land.

Significant Economic Injury means causing the applicant to have to purchase additional property in order to have a structure or accessory structures of the size and type desired by the applicant, or placing the applicant at a disadvantage in the neighborhood by applying standards which would prevent the applicant from having a structure or accessory structures comparable in size, location, and number to those of other lot owners within 1000 feet.

Examples of Significant Economic Injury in a sentence

• A Loan to a Disaster Relief Borrower shall not exceed the aggregate sum of (1) the estimated fair market value replacement or repair cost of any Significant Actual Physical Damage, and (2) the estimated monetary loss suffered by a Disaster Relief Borrower as a result of Significant Economic Injury.

• A Collection Guarantee under the Disaster Relief Program shall be for a Loan to a Disaster Relief Borrower, the sole purpose of which is to provide financing to enable the Disaster Relief Borrower to recover from (1) Significant Actual Physical Damage to real or personal property, and/or (2) Significant Economic Injury.

• The elementary school capacity shown in Table 4.14-9 does not include Elevate Elementary School, which is located approximately 1.7 miles northwest of the proposed project site, for which data is not available.

• Significant Economic Injury: The value of the property if the variance were denied would be substantially lower than its value if the variance were granted.

• ACollection Loan Guarantee under the Disaster Relief Program shall be for a Loan to a Disaster Relief Borrower, the sole purpose of which is to provide financing to enable the Disaster Relief Borrower to recover from (1) Significant Actual Physical Damage to real or personal property, and/or (2) Significant Economic Injury.

More Definitions of Significant Economic Injury

Significant Economic Injury means a monetary loss to a Disaster Relief Borrower caused as a direct result of a disaster in a Disaster Area which the Disaster Relief

Significant Economic Injury means the value of the property if the variance was denied would be substantially lower than its value if the variance were granted.”

Significant Economic Injury means a monetary loss to a Disaster Relief Borrower caused as a direct result of a disaster in a Disaster Area which the Disaster Relief Borrower cannot remedy using unencumbered, and readily available financial resources without incurring further significant economic hardship.