Deposit of Insurance Proceeds. CCP shall promptly deposit any insurance proceeds received by CCP from any insurance obtained pursuant to this Agreement or otherwise associated with the Project into the Operating Accounts of the Project Participants based on each Project Participants’ Entitlement Shares.
Deposit of Insurance Proceeds. Each Borrower Entity shall pay, or cause to be paid, all Insurance Proceeds and all proceeds of any business interruption Insurance Policy received by such Borrower Entity directly to the Administrative Agent. Promptly upon receipt thereof, the Administrative Agent shall deposit the proceeds of any business interruption Insurance Policy into the Revenue Account. Promptly upon receipt thereof, the Administrative Agent shall deposit all Insurance Proceeds which do not constitute Extraordinary Proceeds, if any, into the Insurance Proceeds Account.
Deposit of Insurance Proceeds. The Trustee shall deposit any and all payments and proceeds from the Applicable Insurance to the Environmental Response Trust Insurance Account. From this account, the Environmental Response Trust Trustee shall reimburse the Environmental Response Trust Administrative Account for all professional fees and expenses relating to the insurance recovery activities, shall pay the Special Insurance Counsel's Contingent Fee and shall transfer 10% of the amount remaining after the payments referred to in this Section to the Environmental Response Trust Administrative Account.
Deposit of Insurance Proceeds. Except as otherwise may be required by any of the Project Agreements and unless otherwise provided by the Coordinating Committee, SCPPA promptly shall deposit with the Project Trustee or Lender any insurance proceeds received by SCPPA as a result of injury or damage to any insured interest attributable to any component or all or any portion of the Project. All insurance proceeds collectible by SCPPA as a result of an insured event affecting the Project shall be applied as directed by SCPPA (which directions shall be in accordance with any applicable provisions of the Indenture).
Deposit of Insurance Proceeds. NCPA, in consultation with the Participant Committee, shall promptly deposit the amount of any insurance proceeds received by NCPA as a result of damage or destruction to all or any portion of the Project into appropriate Project accounts, as shall be determined by NCPA in accordance with the applicable terms of each Indenture.
