Common use of Proceeds of Insurance or Condemnation Clause in Contracts

Proceeds of Insurance or Condemnation. If, after damage to or destruction of or condemnation of the Mortgaged Property (or any part thereof), the net Proceeds of insurance or condemnation (after payment of Lender’s reasonable costs and expenses in connection with the administration thereof) are:

Appears in 12 contracts

Samples: Loan Agreement, Loan Agreement (CNL Healthcare Properties II, Inc.), Loan Agreement (CNL Healthcare Trust, Inc.)

AutoNDA by SimpleDocs

Proceeds of Insurance or Condemnation. If, after damage to or destruction of or condemnation of the Mortgaged Property (or any part thereof), the net Proceeds of insurance or condemnation (after payment of Lender’s 's reasonable costs and expenses in connection with the administration thereof) are:

Appears in 3 contracts

Samples: Loan Agreement (Arv Assisted Living Inc), Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc)

Proceeds of Insurance or Condemnation. If, after damage to or destruction of or condemnation of the any Mortgaged Property (or any part thereof), the net Proceeds of insurance or condemnation (after payment of Lender’s reasonable costs and expenses in connection with the administration thereof) are:

Appears in 1 contract

Samples: Loan Agreement (Advocat Inc)

Proceeds of Insurance or Condemnation. If, after damage to or destruction of or condemnation of the Mortgaged Property Collateral (or any part thereof), the net Proceeds of insurance or condemnation (after payment of Lender’s reasonable costs and expenses in connection with the administration thereof) are:

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

AutoNDA by SimpleDocs

Proceeds of Insurance or Condemnation. If, after damage to or destruction of or condemnation of any of the Mortgaged Property Properties (or any part thereof), the net Proceeds of insurance or condemnation (after payment of Lender’s reasonable costs and expenses in connection with the administration thereof) are:

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

Time is Money Join Law Insider Premium to draft better contracts faster.