Collection of Insurance Proceeds. Borrower will cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds lawfully or equitably payable to it in connection with the transaction contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunder.
Appears in 10 contracts
Samples: Loan Agreement (Venus Concept Inc.), Loan and Security Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.)
Collection of Insurance Proceeds. Borrower will shall cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds lawfully or equitably payable to it in connection with the transaction transactions contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunderhereunder (including the payment by Borrower of the expense of an independent appraisal on behalf of Lender in case of a fire or other casualty affecting the Premises).
Appears in 3 contracts
Samples: Construction Loan Agreement (North American Technologies Group Inc /Mi/), Loan Agreement (Emeritus Corp\wa\), Construction Loan Agreement (North American Technologies Group Inc /Mi/)
Collection of Insurance Proceeds. Borrower will Borrowers shall cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds lawfully or equitably payable to it in connection with the transaction transactions contemplated hereby and the collection of any indebtedness or obligation of Borrower Borrowers to Lender incurred hereunderhereunder (including the payment by Borrowers of the expense of an independent appraisal on behalf of Lender in case of a fire or other casualty affecting the Premises).
Appears in 2 contracts
Samples: Second Lien Loan Agreement (Sammons Enterprises, Inc.), Second Lien Loan Agreement (North American Technologies Group Inc /Tx/)
Collection of Insurance Proceeds. Borrower will shall cooperate with Lender Xxxxxx in obtaining for Lender the benefits benefit of any insurance or other proceeds lawfully or equitably payable to it Lender in connection with the transaction transactions contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunderhereby.
Appears in 1 contract
Collection of Insurance Proceeds. Borrower will cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds of the Collateral lawfully or equitably payable to it in connection with the transaction contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunder.
Appears in 1 contract
Samples: Loan Agreement (LGL Group Inc)
Collection of Insurance Proceeds. Borrower will shall cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds lawfully lawfullv or equitably payable to it in connection with the transaction transactions contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunderhereunder (including the payment by Borrower of the expense of an independent appraisal on behalf of Lender in case of a fire or other casualty affecting the Premises).
Appears in 1 contract
Samples: Loan Agreement (Emeritus Corp\wa\)
Collection of Insurance Proceeds. Borrower will shall cooperate with Lender in obtaining for Lender the benefits of any insurance or other proceeds lawfully or equitably payable to it Lender in connection with the transaction transactions contemplated hereby and the collection of any indebtedness or obligation of Borrower to Lender incurred hereunderin connection with the Loan (including the payment by Borrower of the expense of an independent appraisal on behalf of Lender in case of a fire or other casualty affecting the Premises).
Appears in 1 contract
Samples: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)