Untenantability Period definition

Untenantability Period means the period following (i) the damage or destruction of the Improvements, or any portion thereof, by fire or other casualty pursuant to Section 12.1 of the Stadium Lease, (ii) another Force Majeure event specified in Article 13 of the Stadium Lease or (iii) the occurrence of a Condemnation Action (including, without limitation, a temporary taking under Section 11.6 of the Stadium Lease), in each case pursuant to which a NFL Home Game cannot reasonably be held or reasonably be foreseen to be held at the Stadium in accordance with NFL standards for exhibition of all NFL Games, as such standards may be determined and applied by the NFL from time to time.Rules as to Usage
Untenantability Period means: any period following (a) the damage or destruction of the Stadium or the Improvements by fire or other casualty pursuant to Section 12.1 or another Force Majeure event specified in Article 13 or the occurrence of a Condemnation Action, in each case pursuant to which a Team Game cannot reasonably be held or reasonably be foreseen to be held at the Stadium in accordance with NFL standards for exhibition of all NFL professional football games, as such standards may be determined by the NFL from time to time, or (b) a temporary taking under Section 11.6.
Untenantability Period means the period following:

Examples of Untenantability Period in a sentence

  • For purposes of this Article 11, “Substantially All of the Improvements” shall be deemed to have been taken if, by reason of the taking of title to or possession of the Premises or any portion thereof, by one or more Condemnation Actions, an Untenantability Period exists, or is reasonably expected to exist, for longer than one (1) year.

  • The Fair Board shall have no liability to Bristol for Losses for Untenantability Period(s) due to a Casualty; provided, however, that (i) Bristol reserves its right to recover from insurance policies that may provide coverage for Losses in connection with a Casualty or arising out of an Untenantability Period due to a Casualty, and (ii) the foregoing waiver shall not apply to claims Bristol may have against any Persons other than Metro.

  • For purposes of this Section 15, “Substantially All of the Improvements” shall be deemed to have been taken if, by reason of the taking of title to or possession of the Premises or any portion thereof, by one or more Condemnation Actions, an Untenantability Period exists, or is reasonably expected to exist, for longer than one (1) year.

  • The determination of whether the Premises can be rebuilt, repaired and/or reconfigured in order to remedy such Untenantability Period within such time shall be made within sixty (60) days of the date of such taking (or conveyance) by an independent architect mutually selected by the Authority and StadCo.

  • The determination of whether the Premises can be rebuilt, repaired and/or reconfigured in order to remedy such Untenantability Period within such time shall be made within sixty (60) days of the date of such taking (or conveyance) by an independent architect with experience in similar facilities mutually selected by the Authority and StadCo.

  • The determination of whether the Premises can be rebuilt, repaired and/or reconfigured in order to remedy such Untenantability Period within such time shall be made within sixty (60) days of the date of such taking (or conveyance) by an independent architect mutually selected by the Fair Board and Bristol.

  • Upon the occurrence of any Other TeamCo Default, but without limiting the rights of TeamCo under Section 2.2(b) during an Untenantability Period, the Authority may, in its sole discretion, have the option to pursue (in all events), without any Notice or demand whatsoever, other than any Notice expressly provided for in this Non-Relocation Agreement, any and all remedies available to the Authority at law or in equity.

  • In the event that an Untenantability Period exceeds a period of (i) in the case of a Destruction Event, for a period longer than the Restoration Period, and (ii) in the case of an event of Force Majeure, other than a Destruction Event, a period longer than one (1) full NFL Season following the first date of the Untenantability Period, then the Team shall have the right to terminate this Agreement by delivering written notice thereof to the Authority.

  • Subject to the provisions related to international games as set forth in Section 3.7 and unless otherwise interfered with by any Untenantability Period, the Team agrees that, beginning on the Commencement Date and ending on the expiration of the Term, during each NFL Season, the Team will play all Team Games at the Stadium.

  • Reconveyance), “Substantially All of the Improvements” shall be deemed to have been taken if, by reason of the taking of title to or possession of the Premises or any portion thereof, by one or more Condemnation Actions, an Untenantability Period exists, or is reasonably expected to exist, for longer than one (1) year.


More Definitions of Untenantability Period

Untenantability Period means the period following (i) the damage or destruction of the Improvements, or any portion thereof, by fire or other casualty pursuant to Section 12.1 of the Stadium Lease, (ii) another Force Majeure event specified in Article 13 of the Stadium Lease or
Untenantability Period means: any period following (a) the damage or destruction of the Improvements by fire or other casualty pursuant to Section 15(a) or another Force Majeure event specified in Section 16 or the occurrence of a Condemnation Action, in each case pursuant to which a Speedway Events cannot reasonably be held or reasonably be foreseen to be held at the Speedway in accordance with Facility Standards, or (b) a temporary taking under Section 14(g).
Untenantability Period means any period following the damage or destruction of the Ballpark by fire or other casualty or other Force Majeure event during which the Ballpark cannot be reasonably used for baseball.
Untenantability Period shall have the meaning set forth in Section 17.1.

Related to Untenantability Period

  • Force Majeure means an event beyond the control of the supplier and not involving the supplier’s fault or negligence and not foreseeable. Such events may include, but is not restricted to, acts of the purchaser in its sovereign capacity, wars or revolutions, fires, floods, epidemics, quarantine restrictions and freight embargoes.

  • Tenant Party means any of the following persons: Tenant; any assignees claiming by, through, or under Tenant; any subtenants claiming by, through, or under Tenant; and any of their respective agents, contractors, employees, licensees, guests and invitees.