Surplus Proceeds Sample Clauses

Surplus Proceeds. If there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the Premises, such surplus shall belong to and be paid to Tenant.
AutoNDA by SimpleDocs
Surplus Proceeds. If, after Loss Proceeds have been applied to the repair or restoration of the Project as provided in Section 3.7.2, there remain any excess Loss Proceeds, the Net Available Amount of such Loss Proceeds shall be transferred to the Revenue Account.
Surplus Proceeds. If, after Insurance Proceeds have been applied to the repair or restoration of a Project as provided in Section 7.9.3, there remain any excess Insurance Proceeds, such Insurance Proceeds shall be transferred to the Revenue Account and applied to the Mandatory Prepayment of Loans.
Surplus Proceeds. If there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the applicable portion of the Premises to Landlord's reasonable satisfaction, such surplus shall belong to and be paid to Tenant.
Surplus Proceeds. If surplus money remains in the hands of the Financier or a Receiver after payment of all the Secured Money (and satisfaction of any obligation ranking in priority to the Secured Money or secured by a Security Interest over the Charged Property):
Surplus Proceeds. If the Mortgagee, a Receiver or an Attorney (as the case may be) holds any surplus money after:
Surplus Proceeds. If, after Insurance Proceeds have been applied to the repair or restoration of the Project as provided in Section 7.4.4 or 7.4.5, Administrative Agent determines that the Project will be able to operate at a level enabling Borrower to pay and perform the Obligations as well as before the damage or destruction, any excess Insurance Proceeds shall be transferred to the Repayment Account and applied to the prepayment of Loans.
AutoNDA by SimpleDocs
Surplus Proceeds. 25 12.3 No Rent Abatement......................................................................................25 12.4 End of Term............................................................................................25 13. Condemnation...........................................................................................25
Surplus Proceeds. Subject to Tenant's compliance with this Section 11, if there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the Premises, such surplus shall belong to and be paid to Tenant.
Surplus Proceeds. Any Net Sales Proceeds received by Seller more than the Protected Amount (“Surplus Proceeds”) shall be deposited and held in escrow, where they will be held for release on the following schedule:
Time is Money Join Law Insider Premium to draft better contracts faster.