Restoration Proceeds has the meaning set forth in Section 9.04(b) of this Loan Agreement.

Restoration Proceeds shall have the meaning given in the definition of “Net Cash Proceeds”.

Restoration Proceeds is defined in Section 8.6(a).

Examples of Restoration Proceeds in a sentence

Borrower shall execute such further assignments of the Restoration Proceeds as Lender may from time to time reasonably require.
Lender shall be entitled to receive and collect all Restoration Proceeds, and Borrower shall instruct and cause the issuer of each policy of insurance described herein and any applicable Governmental Authority to deliver to Lender all Restoration Proceeds.
The Notice may be sent to all shareholders of record through electronic mail or such other manner as the SEC or IC shall allow under its guidelines.
Notwithstanding the foregoing, if the Restoration Proceeds, less the amount of Lender’s costs and expenses (including attorneys’ fees and costs) incurred in collecting the same (the “Net Restoration Proceeds”), are $1,000,000 or less (the “Restoration Proceeds Threshold”), provided no Event of Default then exists, Lender shall make such Net Restoration Proceeds available to Borrower.
All Net Restoration Proceeds other than BI/Rent Loss Proceeds shall be held by Lender and disbursed in accordance with Section 8.8 hereof; provided, however, that nothing herein contained shall be deemed to relieve Borrower of its obligations to pay the Debt as required under the Loan Documents, except to the extent such amounts are actually paid out of such BI/Rent Loss Proceeds.

More Definitions of Restoration Proceeds

Restoration Proceeds shall have the meaning set forth in Section 7.6(a).

Restoration Proceeds has the meaning given to such term in Section 5.7 of this Agreement.

Restoration Proceeds has the meaning set forth in Section 9.03(b) hereof.

Restoration Proceeds has the meaning ascribed to such term in Section 12.7(a) hereof.

Restoration Proceeds means all Insurance Proceeds deposited in the Insurance Proceeds Reserve Account and which the Transaction Manager elects to use for purposes of investment or reinvestment in the restoration or replacement of the property for which insurance and condemnation proceeds have been received by or on behalf of the Securitization Entities or for the purpose of purchasing assets useful in the Bulk Gases Business; provided that if such Insurance Proceeds have not been so invested or reinvested within 360 days from the time the Securitization Entities (or the Transaction Manager on behalf of the Securitization Entities) received such Insurance Proceeds, then upon the expiration of such 360-day period, such Insurance Proceeds shall be deemed “Insurance Proceeds Amounts” and deposited by the Transaction Manager to the Collection Account on the last day of each Monthly Collection Period as Insurance Proceeds Amounts to be used to pay down principal of the Notes in accordance with the Priority of Payments.

Restoration Proceeds shall have the meaning given in Section 2.13(a)(ii).

Restoration Proceeds has the meaning set forth in Section 9.03(b) of this Loan Agreement.