Common use of Insurance Proceeds Clause in Contracts

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating to any portion of any Collateral, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 14 contracts

Sources: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating to any portion of any Collateral, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 9 contracts

Sources: Credit Agreement (Sealy Industrial Partners IV, LP), Credit Agreement (Sealy Industrial Partners IV, LP), Credit Agreement (Modiv Inc.)

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating to any portion of any Collateral, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating same and/or to maximize the total amount of such insurance, proceeds, damages and claimsthe same.

Appears in 8 contracts

Sources: Credit Agreement (Plymouth Industrial REIT Inc.), Credit Agreement (Highlands REIT, Inc.), Credit Agreement (Wheeler Real Estate Investment Trust, Inc.)

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating to any portion of any CollateralMortgaged Property, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 3 contracts

Sources: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ REIT, Inc.)

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating as a result of any casualty to any portion of any CollateralCredit Support Property, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 1 contract

Sources: Credit Agreement (Monogram Residential Trust, Inc.)

Insurance Proceeds. All insurance proceeds, damages and claims and the right thereto under any insurance policies relating to any portion of any Collateralthe Property, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 1 contract

Sources: Term Loan Agreement (Condor Hospitality Trust, Inc.)

Insurance Proceeds. All insurance proceeds, damages damages, claims and claims rights of action and the right thereto under any insurance policies relating to any portion of any Collateral, net of all reasonable and customary amounts actually expended to collect the same, including, without limitation, reasonable and customary amounts expended in negotiating, litigating, if appropriate, or investigating the amount of such insurance, proceeds, damages and claims.

Appears in 1 contract

Sources: Master Credit Agreement (JDN Realty Corp)