Common use of Application of Net Proceeds of Insurance Clause in Contracts

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 17 contracts

Samples: Phase 2b Lease and Project Agreement, Lease and Project Agreement, Lease and Project Agreement

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Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the casualty insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the public liability insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 4 contracts

Samples: Lease Agreement (Meadwestvaco Corp), Lease Agreement (Mead Corp), Lease Agreement (Mead Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 4 contracts

Samples: Lease and Project Agreement (Chembio Diagnostics, Inc.), Lease and Project Agreement (CVD Equipment Corp), Lease and Project Agreement (Akoustis Technologies, Inc.)

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows: (i) the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and and (ii) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), (c3.4(b) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 4 contracts

Samples: Leaseback Agreement, Leaseback Agreement, Leaseback Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.5 hereof shall be applied as follows: (ia) the The Net Proceeds of the insurance required by Section 6.4(a) and (ecarried pursuant to Sections 6.5(a)(i) hereof shall be applied as provided in Section 7.l 7.1 hereof, and ; and (iib) the The Net Proceeds of the insurance required by Section 6.4(b), (ccarried pursuant to Sections 6.5(a)(ii) and (d6.5(a)(iii) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 3 contracts

Samples: Facility Lease Agreement (Startek Inc), Facility Lease Agreement (Desa Holdings Corp), Equipment Lease Agreement (Startek Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, 7.1 hereof and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Loan Agreement (Sparta Foods Inc), Loan Agreement (Excelsior Henderson Motorcycle Manufacturing Co)

Application of Net Proceeds of Insurance. The Net ---------------------------------------- Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof 6.13 shall be applied as follows: (i) the Net Proceeds of the property and casualty insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the liability insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Lease Agreement (Mead Corp), Lease Agreement (Meadwestvaco Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e6.3(a) hereof shall be applied as provided in Section 7.l hereof, 7.1 hereof and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d6.3(b) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Loan Agreement (Fogelman Mortgage L P I), Loan Agreement (Fogelman Mortgage L P I)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 5.3 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) paid and (e) hereof shall be applied as provided in Section 7.l 6.1 hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Loan Agreement (Impac Group Inc /De/), Loan Agreement (Elco Industries Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of required in Section 6.4 7.4 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(a) in Sections 7.4 (a), (d), and (e) hereof shall be applied as provided in Section 7.l 8.2 hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (cin Sections 7.4(b) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Loan Agreement (American Railcar Industries, Inc./De), Loan Agreement (American Railcar Industries, Inc./De)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: : (iA) the Net Proceeds of the insurance required by Section 6.4(a) and (e6.3(A) hereof shall be applied as provided in Section 7.l 7.1 hereof, and (iiB) the Net Proceeds of the insurance required by Section 6.4(b), (c6.3(B) and (d6.3(C) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant Subject to the provisions of Section 6.4 hereof shall be applied as follows: (i) ---------------------------------------- Security Documents, the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) 6.4 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Facility Lease Agreement (V I Technologies Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof this Lease shall be applied as follows: (i) the Net Proceeds of the insurance required by in Section 6.4(a) and (e) 5.5 hereof determined in accordance with Section 11.2 hereof shall be applied as provided in Section 7.l 6.1 hereof, and (ii) the Net Proceeds of the insurance required by in Section 6.4(b), (c) and (d) 5.8 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease (Venture Service Co)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance ----------------------------------------- carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the casualty insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the public liability insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Mead Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: : (ia) the Net Proceeds of the insurance required by Section 6.4(a6.3(a)(i) and (ev) hereof shall be applied as provided in Section 7.l 7.1 hereof, ; and (iib) the Net Proceeds of the insurance required by Section 6.4(b6.3(a)(ii), (ciii), (iv) and (dviii) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Loan Agreement (Roth CH Acquisition I Co. Parent Corp.)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: : (iA) the Net Proceeds of the insurance required by Section 6.4(a) and (e6.3(A) hereof shall be paid to the Lessee and applied as provided in Section 7.l 7.1 hereof, and (iiB) the Net Proceeds of the insurance required by Section 6.4(b6.3(B), (c6.3(C), 6.3(D) and (d6.3(E) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Ace Hardware Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: : (iA) the Net Proceeds of the insurance required by Section 6.4(a) and (e6.3(A) hereof shall be applied as provided in Section 7.l hereof, 7.1 hereof and (iiB) the Net Proceeds of the insurance required by Section 6.4(b6.3(B), (c6.3(C), 6.3(D) and (d6.3(E) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Project Agreement

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows: (ia) the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and and (iib) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), 3.4(b) and (c) and (d) hereof shall shal1 be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Leaseback Agreement

Application of Net Proceeds of Insurance. The Subject to the provisions of Section 6.5(a) hereof, the Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section Sections 6.4(a) and (e) hereof shall be applied as provided in Section 7.l 7.1 hereof, and (ii) the Net Proceeds of the insurance required by Section Sections 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Triple S Plastics Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof 6.3 shall be applied applied, as follows: (ia) the Net Proceeds of the insurance required by in Section 6.4(a6.3(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (iib) the Net Proceeds of the insurance required by Section 6.4(b), in Sections 6.3(b) and (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Whitehall Corp)

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows: (ia) the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and and (iib) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), (c3.4(b) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Leaseback Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof 6.13 shall be applied as follows: (i) the Net Proceeds of the property and casualty insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the liability insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Meadwestvaco Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof this Loan Agreement shall be applied as follows: : (i) the Net Proceeds of the insurance required by in Section 6.4(a) and (e) 5.5 hereof shall be applied as provided in Section 7.l 6.1 hereof, and (ii) the Net Proceeds of the insurance required by in Section 6.4(b), (c) and (d) 5.8 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Loan Agreement (Hall of Fame Resort & Entertainment Co)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i1) the Net Proceeds of the insurance required by Section in Sections 6.4(a) and (eb) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (cin Sections 6.4(c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Mortgage and Indenture of Trust (Toms Foods Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the any insurance carried pursuant to the provisions of Section 6.4 5.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof insurance, other than liability or worker's compensation insurance, shall be applied as provided in Section 7.l hereof, 6.1 hereof and (ii) the Net Proceeds of the liability or worker's compensation insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Conrad Industries Inc)

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions ptovisions of Section 6.4 3.4 hereof shall be applied as follows: (ia) the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and and (iib) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), (c3.4(b) and (dc) hereof shall be applied toward extinguishment extinguislunent or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Leaseback Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Olsten Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: : (ia) the Net Proceeds of the insurance required by Section 6.4(a6.3(a)(i) and (ev) and (b)(i) and (v) hereof shall be applied as provided in Section 7.l 7.1 hereof, ; and (iib) the Net Proceeds of the insurance required by Section 6.4(b), (c6.3(a)(ii) and (dvii) and (b)(ii) and (vii) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Loan Agreement

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Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of required in Section 6.4 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(a) in Sections 6.4 (a), (d), and (e) hereof shall be applied as provided in Section 7.l 7.2 hereof, and (ii) the Net Proceeds of the insurance required by Section in Sections 6.4(b), (c) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (American Railcar Industries, Inc.)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section Sections 6.4(a) and (ed) hereof shall be applied as provided in Section 7.l hereof, hereof and (ii) the Net Proceeds of the insurance required by Section Sections 6.4(b), (c) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Ultralife Batteries Inc)

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows: (ia) the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and and (iib) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), (c3.4(b) and (dSection 3.4(c) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Payment in Lieu of Tax Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof this Lease shall be applied as follows: (i) the Net Proceeds of the insurance required by in Section 6.4(a) and (e) 5.5 hereof shall be applied as provided in Section 7.l 6.1 hereof, and (iiH) the Net Proceeds of the insurance required by in Section 6.4(b), (c) and (d) 5.8 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds 'may be paid.

Appears in 1 contract

Samples: Lease (Luiginos Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l 7.1 hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease and Project Agreement (CVD Equipment Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section Sections 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease and Project Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 6.3 hereof shall be applied as follows: (iA) the Net Proceeds of the insurance required by Section 6.4(a) and (e6.3(C) hereof shall be applied as provided in Section 7.l 7.1 hereof, and (iiB) the Net Proceeds of the insurance required by Section 6.4(b), (c6.3(B) and (d6.3(C) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 4.14 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(aSections 4.14(a) and (e4.14(d) hereof shall be applied as provided in Section 7.l 4.19 hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(bSections 4.14(b), (c4.10(c) and (d4.10(d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Bond Purchase Agreement and Loan Agreement

Application of Net Proceeds of Insurance. The Net Proceeds net proceeds of the insurance carried pursuant to the provisions of Section 6.4 3.4 hereof shall be applied as follows: (i) : the Net Proceeds net proceeds of the insurance required by Section 6.4(a) and (e3.4(a) hereof shall be applied as provided in Section 7.l 4.1 hereof, and (ii) the Net Proceeds net proceeds of the insurance required by Section 6.4(b), (cSections 3.4(b) and (dc) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Leaseback Agreement (Monro Muffler Brake Inc)

Application of Net Proceeds of Insurance. The Net Proceeds ---------------------------------------- of the insurance carried pursuant to the provisions of Section 6.4 hereof 6.13 shall be applied as follows: (i) the Net Proceeds of the property and casualty insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof7.1, and (ii) the Net Proceeds of the liability insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Mead Corp)

Application of Net Proceeds of Insurance. The Net Proceeds proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof this Lease shall be applied as follows: (i) the Net Proceeds of the insurance required by in Section 6.4(a) and (e) 5.5 hereof shall be applied as provided in Section 7.l 6.1 hereof, and (ii) the Net Proceeds of the insurance required by in Section 6.4(b), (c) and (d) 5.8 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease (Luiginos Inc)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of required in Section 6.4 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(ain Sections 6.4 (b) and (ec) hereof shall be applied as provided in Section 7.l hereof7.2, and (ii) the Net Proceeds of the insurance required by in Section 6.4(b), (c6.4(a) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Assignment of Head Lease (Acxiom Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the : Net Proceeds of the insurance required by in Section 6.4(a) and (e) 6.4 hereof or pursuant to any blanket policy carried as an alternative to the insurance required to be carried pursuant to Section 6.4 hereof shall be applied applied, at the sole discretion of the Lessee, as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) 7.1 hereof shall be applied or toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Fox Factory Holding Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) : the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof 6.4 shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (Pietrafesa Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(a) and (e) hereof shall be applied as provided in Section 7.l hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.by

Appears in 1 contract

Samples: Lease and Project Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 4.08 hereof shall be applied as follows: : (i) the Net Proceeds of the insurance required by Section 6.4(aSections 4.08(a) and (e4.08(f) hereof shall be applied as provided in Section 7.l 4.13 hereof, and (ii) the Net Proceeds of the insurance required by Section 6.4(bSections 4.08(b), (c), (d) and (de) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Bond Purchase Agreement and Loan Agreement

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof shall be applied as follows: (i) the Net Proceeds of the insurance required by Section 6.4(aSections 6.4(e) and (e) hereof shall be applied as provided in Section 7.l 7.1 hereof, and (ii) the Net Proceeds of the insurance required by Section Sections 6.4(b), (c) and (d) hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Lease Agreement (CVD Equipment Corp)

Application of Net Proceeds of Insurance. The Net Proceeds of the insurance carried pursuant to the provisions of Section 6.4 hereof this Loan Agreement shall be applied as follows: : (i) the Net Proceeds of the insurance required by in Section 6.4(a) and (e) 5.4 hereof shall be applied as provided in Section 7.l 6.1 hereof, and (ii) the Net Proceeds of the insurance required by in Section 6.4(b), (c) and (d) 5.7 hereof shall be applied toward extinguishment or satisfaction of the liability with respect to which such insurance proceeds may be paid.

Appears in 1 contract

Samples: Loan Agreement (Air Transport Services Group, Inc.)

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