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 CIT’s receipt of any Casualty Proceeds and subject to the Intercreditor Agreement:

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 CIT’s receipt of any Casualty Proceeds and subject to the Intercreditor AgreementProceeds:

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 CIT’s 's receipt of any Casualty Proceeds and subject to the Intercreditor AgreementProceeds:

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 CIT’s receipt of any Casualty Proceeds and subject to the Intercreditor AgreementProceeds: