Common use of Status of Escrowed Proceeds After Commencement of the Term of the Lease Clause in Contracts

Status of Escrowed Proceeds After Commencement of the Term of the Lease. Any Remaining Proceeds governed by this Paragraph 5 which BNPPLC is continuing to hold as Escrowed Proceeds when the Term of the Lease commences will be applied in accordance with the terms and conditions of the Lease as if received by BNPPLC immediately after the Term commenced.

Appears in 8 contracts

Samples: Construction Management Agreement (Network Appliance Inc), Construction Agreement (Lam Research Corp), Construction Agreement (Lam Research Corp)

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Status of Escrowed Proceeds After Commencement of the Term of the Lease. Any Remaining Proceeds governed by this Paragraph 5 which BNPPLC is continuing to hold as Escrowed Proceeds when the Term of the Lease commences will shall be applied in accordance with the terms and conditions of the Lease as if received by BNPPLC immediately after the Term commenced.

Appears in 1 contract

Samples: Construction Management Agreement (Specialty Laboratories)

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