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

Application of Insurance and Condemnation Proceeds. So long as no Default or Event of Default shall have occurred and remain outstanding as of the date of the Agent’s receipt of any Casualty Proceeds:

Appears in 4 contracts

Samples: Financing Agreement (G Iii Apparel Group LTD /De/), Financing Agreement (G Iii Apparel Group LTD /De/), Financing Agreement (Under Armour, Inc.)

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Application of Insurance and Condemnation Proceeds. So long as no Default or Event of Default shall have occurred and remain outstanding as of the date of the AgentInvestment Manager’s receipt of any Casualty Proceeds:

Appears in 2 contracts

Samples: Credit Commitment and Reimbursement Agreement (MTM Technologies, Inc.), Credit Agreement (Vertical Communications, Inc.)

Application of Insurance and Condemnation Proceeds. So long as no Default or Event of Default shall have occurred and remain outstanding as of the date of the Agent’s receipt of any Casualty Proceeds:

Appears in 1 contract

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Application of Insurance and Condemnation Proceeds. So long as no Default or Event of Default shall have occurred and remain outstanding as of the date of the Agent’s receipt of any Casualty Proceeds:

Appears in 1 contract

Samples: Financing Agreement (Aegis Communications Group Inc)

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Application of Insurance and Condemnation Proceeds. So long as no Default or Event of Default shall have occurred and remain outstanding as of the date of the Agent’s receipt of (1) any Casualty Proceeds:Proceeds relating to Inventory and (2) following the Commitment Increase Effective Date, any Casualty Proceeds relating to Equipment or Real Estate;

Appears in 1 contract

Samples: Financing Agreement

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