Substantial Casualty shall have the meaning set forth in Section 3.04 hereof.
Substantial Casualty has the meaning assigned to such term in Section 7.07(b).
Substantial Casualty or "Substantial Taking" shall mean, a Casualty or Taking, as the case may be, where:
Examples of Substantial Casualty in a sentence
If, however, the Casualty is a Substantial Casualty, then the Operator may, by Notice to the County, given within thirty (30) days after the occurrence of the Casualty, terminate this Agreement effective ninety (90) days after such Notice, provided that the Operator assigns to the County all of the Operator’s right, title and interest in and to any Property Insurance Proceeds (and rights thereto) arising from the Casualty.
The Operator shall operate the Sports Center on days and at hours consistent with similar recreational sports facilities or parks at other similar locations throughout the U.S., subject to closure due to inclement weather, Substantial Casualty, Substantial Condemnation or Unavoidable Delay.
More Definitions of Substantial Casualty
Substantial Casualty means a Casualty that: (a) renders 10% or more of the Premises used for a general acute care hospital facility not capable of being used or occupied; (b) requires Restoration whose cost Tenant reasonably estimates in writing would exceed Two Million Dollars ($2,000,000); or (c) pursuant to Law, prevents the Premises from being Restored to the same bulk, and for the same use(s), as before the Casualty.
Substantial Casualty means a Casualty that (a) occurs less than five (5) years before the end of the Term and renders the Premises, in Lessee’s reasonable judgment (with Leasehold Mortgagee’s consent), not capable of being economically Restored, or (b) pursuant to Law, prevents the Premises from being Restored to substantially the same condition, and for the same use, as before the Casualty.
Substantial Casualty means a Casualty that: (a) renders 25% or more of the Premises used for a general acute care hospital facility not capable of being used or occupied; (b) occurs less than five (5) years before the end of the Term and renders 10% or more of the Premises used for a general acute care hospital facility not capable of being used or occupied; (c) requires Restoration whose cost Tenant reasonably estimates in writing would exceed Two Million Dollars ($2,000,000); or (d) pursuant to Law, prevents the Premises from being Restored to the same bulk, and for the same use(s), as before the Casualty.
Substantial Casualty means any Casualty that, in Tenant's reasonable judgment, renders a Property unsuitable for the then current use of such Property at the time of the Casualty.
Substantial Casualty means, with respect to the applicable Improvements as the context requires, any damage or destruction to all or any portion of the applicable portion of such Improvements which may, in the reasonable opinion of the Redeveloper’s Architect, equal or exceed $500,000 in the aggregate.
Substantial Casualty shall have the meaning specified in Section 12.2(a).
Substantial Casualty has the meaning set forth in Section 15.3(a)