Common use of Application of Insurance Proceeds Clause in Contracts

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall apply all proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 8 contracts

Samples: Draft Concession Agreement, Concession Agreement, Draft Concession Agreement

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Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 25.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 24A, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing AgreementsDocuments.

Appears in 3 contracts

Samples: Concession Agreement, Substitution Agreement, Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire Implementation Agency by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 20.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectProject Highway, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by Concessionaireby credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 27.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 20.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire Account and it shall apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the ProjectProject Facilities, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 2 contracts

Samples: Escrow Agreement, Draft Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit Operator through appropriation from the Escrow Account and it shall notwithstanding anything to the Escrow Account. The Concessionaire shall contrary contained in this Agreement, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 2 contracts

Samples: Maintenace Agreement, Maintenace Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 30.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectProject Highway, and the balance remaining, if any, shall be applied in accordance with the provisions contained contained, in this tins behalf in the Financing Agreements.. 102

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire Contractor by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 24.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Contract Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 30.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the ProjectMMLP, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire Developer by credit to the Escrow Account. The Concessionaire Account and it shall apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectXXX Ropeway, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Model Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire Operator by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Article 10.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, : shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 22.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Escrow Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 25.3, apply all such proceeds from insurance for purposes for which such claim amounts have been disbursed including for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, as the case may be, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements, if any.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit credited to the Escrow Account. The , and the Concessionaire shall shall, notwithstanding anything to the contrary contained in Clause 25.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement or delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire Operator by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 20.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, Project and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreementsfinancing agreements (if any).

Appears in 1 contract

Samples: Operation Services Agreement

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Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire DEVELOPER by credit to the Escrow Account. The Concessionaire Account and it shall apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing AgreementsAgreements shall be credited to the DEVELOPER.

Appears in 1 contract

Samples: Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 26.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 β€Œ The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 20.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 24.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, improvement and delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Draft Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectProject Road, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.. Draft Concession Agreement ARTICLE 33

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in this Agreement, apply all such proceeds from insurance for any necessary repair, reconstructionredevelopment, reinstatement, replacement, improvement, delivery or installation of the ProjectProject Facility, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: niti.gov.in

Application of Insurance Proceeds. 21.8.1 27.7.1. The proceeds from all insurance claims, except life and injuryinjury and other than stated in Clause 27.9, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 26.1, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectStorage Facility, followed by payment of Damages and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Draft Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or of installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 β€Œ The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit Operator through appropriation from the Escrow Account and it shall notwithstanding anything to the Escrow Account. The Concessionaire shall contrary contained in this Agreement, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Maintenace Agreement

Application of Insurance Proceeds. 21.8.1 24.7.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Article 23.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of required under the Project, and the balance remaining, if any, shall be applied in accordance with submitted to the provisions contained in this behalf in the Financing AgreementsAuthority.

Appears in 1 contract

Samples: Escrow Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account (unless otherwise required by the Financing Documents) who shall, subject to its obligations under the Financing Documents, and notwithstanding anything contained in Clause 24, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the Project, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing AgreementsProject Highway.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 oject The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 31.3, apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectProject , and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Concession Agreement

Application of Insurance Proceeds. 21.8.1 The proceeds from all insurance claims, except life and injury, shall be paid to the Concessionaire by credit to the Escrow Account. The Concessionaire shall Account and it shall, notwithstanding anything to the contrary contained in Clause 32.3 apply all such proceeds from insurance for any necessary repair, reconstruction, reinstatement, replacement, improvement, delivery or installation of the ProjectXXX Ropeway, and the balance remaining, if any, shall be applied in accordance with the provisions contained in this behalf in the Financing Agreements.

Appears in 1 contract

Samples: Model Concession Agreement

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