Common use of Use and Application of Insurance Proceeds Clause in Contracts

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the Project or the Loans as follows:

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Maguire Properties Inc), Loan Agreement (Metropolis Realty Trust Inc)

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Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the Project Projects or the Loans Loan as follows:

Appears in 2 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Provident Senior Living Trust)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the a Project or Projects or the Loans Loan as follows:

Appears in 2 contracts

Samples: Loan Agreement (Ensign Group, Inc), Loan Agreement (Brookdale Senior Living Inc.)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the Project or the Loans as follows:

Appears in 2 contracts

Samples: Acquisition and Project Loan Agreement (Acadia Realty Trust), Assignment and Assumption (Acadia Realty Trust)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the Project a Property or the Loans as follows:

Appears in 2 contracts

Samples: Loan Agreement (Shurgard Storage Centers Inc), Loan Agreement (Shurgard Storage Centers Inc)

Use and Application of Insurance Proceeds. The Except as otherwise provided in Section 9.17(2), the Administrative Agent shall apply insurance proceeds to costs of restoring the Project or the Loans as follows:

Appears in 2 contracts

Samples: Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Morgans Hotel Group Co.)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the any Project or the Loans as follows:

Appears in 1 contract

Samples: Loan Agreement (Burnham Pacific Properties Inc)

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Use and Application of Insurance Proceeds. The Administrative ----------------------------------------- Agent shall apply insurance proceeds relating to any of the Projects to costs of restoring the a Project or to the Loans Obligations as follows:

Appears in 1 contract

Samples: Loan Agreement (Center Trust Inc)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply (or permit Borrower to apply) insurance proceeds to costs of restoring the a Project or the Loans as follows:

Appears in 1 contract

Samples: Loan Agreement (Douglas Emmett Inc)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds relating to any of the Projects to costs of restoring the a Project or to the Loans Obligations as follows:

Appears in 1 contract

Samples: Loan Agreement (Center Trust Inc)

Use and Application of Insurance Proceeds. The Administrative Agent shall apply insurance proceeds to costs of restoring the Project or the Loans Loan as follows:

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

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