Net Proceeds Deficiency definition

Net Proceeds Deficiency shall have the meaning set forth in Section 6.4(b)(vi) hereof.
Sample 1Sample 2Sample 3
Net Proceeds Deficiency shall have the meaning set forth in Section 5.3.2(f).
Sample 1Sample 2Sample 3
Net Proceeds Deficiency shall have the meaning set forth in Section 8.4(b)(vi) hereof.
Sample 1Sample 2Sample 3

Examples of Net Proceeds Deficiency in a sentence

  • If at any time the Net Proceeds or the undisbursed balance thereof shall not, in the reasonable opinion of Lender inconsultation with the Casualty Consultant, be sufficient to pay in full the balance of the costs which are estimated by the Casualty Consultant to be incurred in connection with the completion of the Restoration, Borrower shall deposit the deficiency (the " Net Proceeds Deficiency") with Lender before any further disbursement of the Net Proceeds shall be made.

  • The Net Proceeds Deficiency deposited with Lender shall be held by Lender and shall be disbursed for costs actually incurred in connection with the Restoration on the same conditions applicable to and pro rata with the disbursement of the Net Proceeds, and until so disbursed pursuant to this Section 8.4(b) shall constitute additional security for the Debt and other obligations under the Loan Documents and shall be deposited in an interest bearing Eligible Account.

  • The Net Proceeds Deficiency deposited with Lender shall be held by Lender and shall be disbursed for costs actually incurred in connection with the Restoration on the same conditions applicable to the disbursement ofthe Net Proceeds, and until so disbursed pursuant to this Section 6.4(b) shall constitute additional security for the Debt and Other Obligations under the Loan Documents.

  • The Net Proceeds Deficiency deposited with Lender shall be held by Lender and shall be disbursed for costs actually incurred in connection with the Restoration on the same conditions applicable to the disbursement of the Net Proceeds, and until so disbursed pursuant to this Subsection 4.4(b) shall constitute additional security for the Obligations.

  • Any Net Proceeds Deficiency deposited with Lender shall be held by Lender and shall be disbursed for costs actually incurred in connection with Restoration on the same conditions applicable to the disbursement of the Net Restoration Proceeds, and until so disbursed shall constitute additional security for the Debt and the other obligations of Borrower under the Loan Documents.


More Definitions of Net Proceeds Deficiency

Net Proceeds Deficiency shall have the meaning as set forth in Section 5.3.2(f).
Sample 1Sample 2Sample 3
Net Proceeds Deficiency. 5.4(d)(vi)
Sample 1Sample 2Sample 3
Net Proceeds Deficiency shall have the meaning set forth in the Mortgage Loan Agreement.
Sample 1Sample 2Sample 3
Net Proceeds Deficiency has the meaning assigned to such term in Section 3.2(2)(f).
Sample 1Sample 2Sample 3
Net Proceeds Deficiency has the meaning given to such term in Section 4.12(h).
Sample 1Sample 2Sample 3
Net Proceeds Deficiency shall have the meaning assigned to such term in Section 10.03(h).
Sample 1Sample 2Sample 3
Net Proceeds Deficiency has the meaning specified in Section 9.04(h).
Sample 1Sample 2Sample 3