Common use of Damage, Destruction or Condemnation Clause in Contracts

Damage, Destruction or Condemnation. Net Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.

Appears in 11 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Damage, Destruction or Condemnation. Net Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Construction and Permanent Loan Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.

Appears in 1 contract

Samples: Funding Loan Agreement

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Damage, Destruction or Condemnation. Net Casualty Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.

Appears in 1 contract

Samples: Funding Loan Agreement

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