Common use of Application of Insurance Proceeds for Repair and Rebuilding Clause in Contracts

Application of Insurance Proceeds for Repair and Rebuilding. Landlord shall cause the insurance proceeds (the "Insurance Proceeds") on account of such damage or destruction to be held by Landlord and disbursed as follows:

Appears in 11 contracts

Samples: Lease Agreement (Ascend Wellness Holdings, LLC), Lease Agreement (Ascend Wellness Holdings, LLC), Lease Agreement (Ascend Wellness Holdings, LLC)

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Application of Insurance Proceeds for Repair and Rebuilding. Landlord shall cause the insurance proceeds (the "β€œInsurance Proceeds"”) on account of such damage or destruction to be held by Landlord and disbursed as follows:

Appears in 5 contracts

Samples: Lease Agreement (Vireo Health International, Inc.), Lease Agreement (Vireo Health International, Inc.), Lease Agreement (Innovative Industrial Properties Inc)

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Application of Insurance Proceeds for Repair and Rebuilding. Landlord shall cause the insurance proceeds of policies held by Landlord (the "Insurance Proceeds") on account of such damage or destruction to be held by Landlord and disbursed as follows:

Appears in 2 contracts

Samples: Lease Agreement (Innovative Industrial Properties Inc), Memorandum of Purchase Option (Innovative Industrial Properties Inc)

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