Loss replacement Sample Clauses

Loss replacement. To replace or repair as promptly as possible the dwelling or any other building or equipment regularly used by the tenant that may be destroyed or damaged by fire, flood, or other cause beyond the control of the tenant or to make rental adjustments in lieu of replacements.
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Loss replacement. To replace or repair as promptly as possible any building or equipment leased by operator from the owner that may be destroyed or damaged by fire, flood or other cause beyond the control of the operator or to make rental adjustments in lieu of replacements.
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Loss replacement. To replace or repair as promptly as possible conservation structures damaged by natural causes.
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Loss replacement. ‌ (1) In the event that any item of the Property shall become lost, stolen, destroyed or damaged beyond repair for any reason, or in the event of any condemnation, confiscation, theft or seizure or expropriation of such items, other than a confiscation, seizure or expropriation by Her Majesty, the Borrower shall promptly inform the Minister thereof. The Minister may elect to receive a cash payment equal to the replacement value of such item or to direct the Borrower to take immediate steps to cause the replacement of such item with property which is free and clear of all liens and encumbrances and which, in the opinion of the Minister, is similar in condition and value to the item of Property prior to the occurrence of any of the foregoing events. Such replacement shall take place at the Borrower's expense and, upon completion of the replacement, such replacement or part shall become subject to this Loan Agreement and the replaced item of the Property shall simultaneously be released from the terms hereof. (2) The Minister agrees not to elect to receive a cash payment if the item of the Property is still required to complete the uses as specified at Article 2 or if the Borrower’s insurance policy precludes the payment of cash instead of replacing the item, as evidenced to the reasonable satisfaction of the Minister. The Term "Property" as used in this Loan Agreement shall include such replacement or part unless the context otherwise requires. Nothing herein shall require the Borrower to expend any sum greater than the replacement value of the Property, as set forth in Schedule "A" hereto, as to any single occurrence of loss or damage.
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Loss replacement. Subject to the provisions of and upon the completion of three months continuous employment, a person employed for fifty percent (50%) or more of the normal working hours who is absent from work due to personal illness or injury, which absence is covered by the Compensation Act or the Canada Pension Flan, shall be eligible to receive a disability income benefit. The benefit will equal sixty percent (60%) of the employee's insurable earnings a8 determined by the Unemployment Insurance Act Regulations and be paid for a maximum of fifteen (15) weeks commencing the sixth (6th) working day of disability. Should the disability exceed five (5) consecutive working days, the benefit will commence on the first day of disability.
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Related to Loss replacement

  • Emergency Replacement SAP may replace a Subprocessor without advance notice where the reason for the change is outside of SAP’s reasonable control and prompt replacement is required for security or other urgent reasons. In this case, SAP will inform Customer of the replacement Subprocessor as soon as possible following its appointment. Section 6.3 applies accordingly.

  • Card Replacement If you need to replace your Card for any reason, please contact us at ▇-▇▇▇-▇-▇▇▇▇▇▇ (▇-▇▇▇-▇▇▇-▇▇▇▇); or login to your Card Account at ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ to request a replacement Card. You will be required to provide personal information which may include your Card number, full name, transaction history, etc. There is a fee for replacing your Card.

  • Tool Replacement Personal tools worn out and/or broken on the job will be replaced on a like- for-like basis by the Employer, provided the tool is turned in to the Employer and the Employer had knowledge the tool was being used on the job. If an employee has his/her tools stolen from a state vehicle, the Employer will replace those tools, as long as no employee negligence has occurred.

  • Benchmark Replacement Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (a) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (b) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the affected Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a monthly basis.

  • Outage Repair Standard In the event of an outage or trouble in any Service being provided by a Party hereunder, the Providing Party will follow Verizon’s standard procedures for isolating and clearing the outage or trouble.