Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows:
Appears in 16 contracts
Samples: Lease and Project Agreement, Lease Agreement, Lease Agreement
Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows:
Appears in 5 contracts
Samples: Tax Agreement, Leaseback Agreement, www.sullivanida.com
Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows:: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.
Appears in 4 contracts
Samples: Lease and Project Agreement (Chembio Diagnostics, Inc.), Lease Agreement (CVD Equipment Corp), Lease and Project Agreement (Akoustis Technologies, Inc.)
Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows:: (i) the Net Proceeds of casualty insurance shall be applied as provided in Section 7.1, and (ii) the Net Proceeds of public liability insurance shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.
Appears in 4 contracts
Samples: Lease Agreement (Meadwestvaco Corp), Lease Agreement (Mead Corp), Lease Agreement (Mead Corp)
Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.5 hereof shall be applied as follows:
Appears in 3 contracts
Samples: Facility Lease Agreement (Startek Inc), Facility Lease Agreement (Desa Holdings Corp), Equipment Lease Agreement (Startek Inc)
Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 5.3 hereof shall be paid and applied as follows:provided in Section 6.1 hereof.
Appears in 2 contracts
Samples: Loan Agreement (Elco Industries Inc), Loan Agreement (Impac Group Inc /De/)
Application of Net Proceeds of Insurance. The Net ---------------------------------------- Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof 6.13 shall be applied as follows:: (i) Net Proceeds of property and casualty insurance shall be applied as provided in Section 7.1, and (ii) Net Proceeds of liability insurance shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.
Appears in 2 contracts
Samples: Lease Agreement (Mead Corp), Lease Agreement (Meadwestvaco Corp)
Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows:.
Appears in 1 contract
Samples: Lease Agreement
Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions ptovisions of Section 6.4 3.4 hereof shall be applied as follows:
Appears in 1 contract
Samples: www.sullivanida.com
