Common use of to the Mortgagor Clause in Contracts

to the Mortgagor. Notwithstanding the foregoing provisions of this SECTION 2.3 to the contrary (but subject to the provisions of SECTION 2.4), and if each of the following conditions is satisfied, the Mortgagee, upon request of the Mortgagor, shall apply insurance proceeds or condemnation awards received by it to the restoration or replacement of the Collateral, to the extent necessary for the restoration or replacement thereof:

Appears in 3 contracts

Samples: Leiner Health Products Inc, Leiner Health Products Inc, Leiner Health Products Inc

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to the Mortgagor. Notwithstanding the foregoing provisions of this SECTION Section 2.3 to the contrary (but subject to the provisions of SECTION Section 2.4), and if each of the following conditions is satisfied, the Mortgagee, upon request of the Mortgagor, shall apply insurance proceeds or condemnation awards received by it to the restoration or replacement of the Collateral, to the extent necessary for the restoration or replacement thereof:

Appears in 2 contracts

Samples: Sterling Chemical Inc, Sterling Chemical Inc

to the Mortgagor. Notwithstanding the foregoing provisions of this SECTION Section 2.3 to the ----------- contrary (but subject to the provisions of SECTION Section 2.4), and if each of the ----------- following conditions is satisfied, the Mortgagee, upon request of the Mortgagor, shall apply insurance proceeds or condemnation awards received by it to the restoration or replacement of the Collateral, to the extent necessary for the restoration or replacement thereof:

Appears in 1 contract

Samples: Jorgensen Earle M Co /De/

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to the Mortgagor. Notwithstanding the foregoing provisions of this SECTION Section 2.3 to the contrary (but subject to the provisions of SECTION 2.4)----------- contrary, and if each of the following conditions is satisfied, the Mortgagee, upon request of the Mortgagor, shall apply insurance proceeds or condemnation awards received by it to the restoration or replacement of the Collateral, to the extent necessary for the restoration or replacement thereof:

Appears in 1 contract

Samples: Credit Agreement (Aristotle Corp)

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