Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.
Loss Proceeds means insurance proceeds, condemnation awards or other compensation, awards, damages and other payments or relief (exclusive, in each case, of the proceeds of liability insurance and business interruption insurance and other payments for interruption of operations) with respect to any Event of Loss.
Loss Proceeds means Condemnation Proceeds and/or Insurance Proceeds.
Examples of Loss Proceeds in a sentence
To the extent any Obligor, including any Project Company, receives any Loss Proceeds, Project Payment Proceeds or Title Event Proceeds, Borrower promptly shall, and shall cause such other Obligor, to deposit such amounts into the applicable Depositary Account hereunder.
In accordance with Section 3.9(b)(i) of the Depositary Agreement, Borrower hereby requests that $[●] be withdrawn from the Loss Proceeds Account numbered [_____]and transferred to the [applicable Construction Account] [Revenue Account] numbered [_____] as set forth in greater detail in Part G of the attached Schedule I.
More Definitions of Loss Proceeds
Loss Proceeds means all monies received or to be received under any insurance policy, from any condemning authority, or from any other source, as a result of any Condemnation or Casualty.
Loss Proceeds means amounts, awards or payments payable to Borrower or Lender in respect of all or any portion of any of the Properties in connection with a Casualty or Condemnation thereof (after the deduction therefrom and payment to Borrower and Lender, respectively, of any and all reasonable expenses incurred by Borrower and Lender in the recovery thereof, including all reasonable attorneys’ fees and disbursements, the fees of insurance experts and adjusters and the costs incurred in any litigation or arbitration with respect to such Casualty or Condemnation).
Loss Proceeds means all amounts and proceeds (including instruments) from an Event of Loss received by the Loan Parties, including, without limitation, insurance proceeds or other amounts actually received, except proceeds of business interruption insurance.
Loss Proceeds is defined in Section 10.6 of the Lease.
Loss Proceeds as defined in the Disbursement Agreement.
Loss Proceeds shall have the meaning provided in Section 7.3(d) hereof.