Common use of Availability of Insurance Proceeds Clause in Contracts

Availability of Insurance Proceeds. To the extent that any insurance monies which would otherwise be payable to Tenant and used in the Restoration of the damaged or destroyed improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee or mortgages made by Landlord on the Demised Premises, Landlord shall make available, for the purpose of Restoration of such improvements, an amount equal to the amount payable to its mortgagee out of such proceeds and such sum shall be applied in the manner provided in Section 13.2 hereof.

Availability of Insurance Proceeds. To the extent that any insurance monies moneys which would otherwise be payable to Tenant Landlord and used in the Restoration of the damaged or destroyed improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee mortgage or mortgages made by Landlord on the Demised Premises, Landlord shall make available, for the purpose of Restoration of such improvementsImprovements, an amount equal to the amount payable to its mortgagee out of such proceeds proceeds, and such sum shall be applied in the manner provided in Section 13.2 hereof.

Availability of Insurance Proceeds. To the extent that any insurance monies moneys which would otherwise be payable to Tenant Landlord and used in the Restoration of the damaged or destroyed improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee mortgage or mortgages made by Landlord on the Demised Premises, Landlord shall may make available, for the purpose of Restoration of such improvements, an amount equal to the amount payable to its mortgagee out of such proceeds and in such event, such sum shall be applied in the manner provided in Section 13.2 hereof.

Availability of Insurance Proceeds. To the extent that any ---------------------------------- insurance monies moneys which would otherwise be payable to Tenant and used in the Restoration of the damaged or destroyed improvements Improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee mortgage or mortgages made by Landlord on the Demised Premises, Landlord shall make available, for the purpose of Restoration of such improvementsImprovements, an amount equal to the amount payable to its mortgagee out of such proceeds proceeds, and such sum shall be applied in the manner provided in Section 13.2 hereof.

Availability of Insurance Proceeds. To the extent that any ----------------------------------- insurance monies which would otherwise be payable to Tenant and used in the Restoration of the damaged or destroyed improvements Improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee mortgage or mortgages made by Landlord on the Demised Premises, Landlord shall make available, for the purpose of Restoration of such improvementsImprovements, an amount equal to the amount payable to its mortgagee out of such proceeds proceeds, and such sum shall be applied in the manner provided in Section 13.2 hereof.

Availability of Insurance Proceeds. To the extent that any insurance monies moneys which would otherwise be payable to Tenant and used in the Restoration of the damaged or destroyed improvements Improvements are paid to any mortgagee of Landlord and applied in payment of or reduction of the sum or sums secured by any such mortgagee mortgage or mortgages made by Landlord on the Demised Premises, Landlord shall make available, for the purpose of Restoration of such improvementsImprovements, an amount equal to the amount payable to its mortgagee out of such proceeds proceeds, and such sum shall be applied in the manner provided in Section 13.2 hereof.