Total Casualty definition

Total Casualty means any fire or other casualty which results in damage to the Facility and its contents to the extent that the total cost of repairing and/or replacing the damaged portion of the Facility to the same condition as existed previously would be thirty percent (30%) or more of the then total replacement cost of the Facility.
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Total Casualty means any fire or other casualty which results in damage to a Hotel and its contents to the extent that the total cost of repairing and/or replacing the damaged portion of the Hotel to the same condition as existed previously would be 30% or more of the then total replacement cost of the Hotel.
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Total Casualty will mean any fire or other casualty which results in damage to a Senior Living Facility and its contents to the extent that it would be commercially impractical to undertake to repair and/or replace such Senior Living Facility to substantially the same condition as previously existed.
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Examples of Total Casualty in a sentence

  • Provide Settlement Sheet Provide doc(s) Points Paid on Mortgage Loan Provide doc(s) Property Tax Provide doc(s) MONETARY / OTHER CONTRIBUTIONS $ AMOUNT PAID Church (Tithing & Offering) $ Community Chest/United Crusade $ Contributions, Non-receipted - Church $ Xmas and Easter Seals $ Heart Fund/Cancer Fund $ Salvation Army/Goodwill Industries $ Other Donation Center $ CASUALTY $ AMOUNT PAID Total Casualty Loss (provide document) $ *Example: Theft, earthquake, fire etc...

  • If Fair Park suffers a physical loss due to fire or other casualty that requires its closure to the public or renders it impractical to continue or promptly restore operations as a viable attraction, as reasonably determined by the Foundation (any of the foregoing, a “Total Casualty Loss”), then the City or the Foundation may terminate this Agreement by providing notice to the other party hereto within thirty (30) days after the occurrence of such Total Casualty Loss.

  • Lessee shall have the right to terminate this Lease by written notice (the “Termination Notice”) given to Lessor at any time within one hundred eighty (180) days after the Total Condemnation or Total Casualty, as applicable.

  • In 2002, the Expected Results categories were reduced from five to three:Multi-Line Customer Goal, Growth-Total Policy Goal, and Total Casualty Loss Ratio Goal.

  • In the event of any loss, damage, or destruction less than a Total Casualty Loss or a Major Casualty Loss, the Foundation shall proceed with reasonable diligence, at its sole cost and expense, to rebuild and repair the portion of Fair Park so damaged to substantially the condition as existed prior to the casualty.


More Definitions of Total Casualty

Total Casualty means any fire or other casualty which renders the Facility Unsuitable for its Permitted Uses.
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Total Casualty means any physical loss or destruction of, or destruction to, the Cogen Facility that results in damage or destruction to equipment, machinery, components or systems of the Cogen Facility that exceeds one hundred million dollars ($100,000,000) or that cannot be replaced, restored or rebuilt within thirty-six (36) months of the occurrence of such loss or destruction.
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Total Casualty means any fire or other casualty which results in damage to any Community and its contents to the extent that Landlord determines in its reasonable discretion that it would be commercially impractical or uneconomical to undertake to repair and/or replace such Community to substantially the same condition as existed previously.
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Total Casualty has the meaning set forth in Section 18.C.
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Total Casualty means any Casualty for which the cost to replace or repair would exceed eighty percent (80%) of the outstanding principal balance of the Note.
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Total Casualty means any fire or other casualty that results in damage to the Hotel and its contents to the extent that the total cost of repairing and/or replacing the damaged portion of the Hotel to the same condition as existed previously would be fifty percent (50%) or more of the then total replacement cost of the Hotel.
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Total Casualty means any fire or other casualty that results in physical damage to the WtC Facility (or any part thereof), to the extent that the total cost of repairing, replacing or restoring the damaged portion of the WtC Facility (as determined by the Independent Engineer) to the same condition as existed previously would be more than [25% (twenty-five per cent] or more of the then total replacement cost of the WtC Facility (or any part thereof).
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