Common use of Delivery After Foreclosure Clause in Contracts

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the -------------------------- proceeds Proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds Proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds Proceeds in excess of any deficiency claim of the Mortgagee shall be released to applied in accordance with the MortgagorPriority Intercreditor Agreement.

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any property insurance claim are paid after the Mortgagee has exercised its right to foreclose foreclosed the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosureforeclosure subject to the terms of the Credit Agreement. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the -------------------------- proceeds of any insurance claim to which the Mortgagor is entitled pursuant to the provisions of the Mortgaged Lease are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.

Delivery After Foreclosure. In the event that the proceeds -------------------------- proceeds of any insurance claim are paid after the Mortgagee has exercised its right to foreclose the Lien hereof, such proceeds shall be paid to the Mortgagee to satisfy any deficiency remaining after such foreclosure. Mortgagee shall retain its interest in the Insurance Policies required to be maintained pursuant to this Mortgage during any redemption period. The amount of any such proceeds in excess of any deficiency claim of the Mortgagee shall be released to the Mortgagor.