Common use of COLLECTION OF INSURANCE Clause in Contracts

COLLECTION OF INSURANCE. PROCEEDS - To cooperate with Lessor in obtaining for Lessor 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 the Lessee to Lessor incurred hereunder (including the payment by Lessee of the expense of an independent appraisal on behalf of Lessor in case of a fire or other casualty affecting the Leased Premises).

Appears in 34 contracts

Samples: Development Financing Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership), Development Financing Agreement (Aei Real Estate Fund Xviii Limited Partnership)

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COLLECTION OF INSURANCE. PROCEEDS - To cooperate with Lessor in obtaining for Lessor the benefits of any insurance or other proceeds lawfully or equitably payable to it in connection accordance with the transaction contemplated hereby and the collection of any indebtedness or obligation terms of the Lessee to Lessor incurred hereunder (including the payment by Lessee of the expense of an independent appraisal on behalf of Lessor in case of a fire or other casualty affecting the Leased Premises)Lease.

Appears in 11 contracts

Samples: Development Financing Agreement (Aei Income & Growth Fund 23 LLC), Development Financing Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Development Financing Agreement (Aei Income & Growth Fund 23 LLC)

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COLLECTION OF INSURANCE. PROCEEDS - To cooperate with Lessor in obtaining for Lessor 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 the Lessee to Lessor incurred hereunder (including the payment by Lessee Xxxxxx of the expense of an independent appraisal on behalf of Lessor in case of a fire or other casualty affecting the Leased Premises).

Appears in 2 contracts

Samples: Development Financing and Leasing Commitment (Aei Income & Growth Fund 23 LLC), Development Financing and Leasing Commitment (Aei Real Estate Fund Xviii Limited Partnership)

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