Disbursement of Proceeds. Any proceeds held by Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDED, HOWEVER, that Landlord shall disburse proceeds subject to the following requirements:
Appears in 12 contracts
Samples: Contribution and Leaseback Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)
Disbursement of Proceeds. Any proceeds held by Landlord landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDED, HOWEVER, that Landlord shall disburse proceeds subject to the following requirements:
Appears in 4 contracts
Samples: Lease (Golf Trust of America Inc), Pledge Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc)
Disbursement of Proceeds. Any proceeds held by Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVERhowever, that that, subject to the requirements of any Facility Mortgagee, Landlord shall disburse proceeds subject to the following requirements:
Appears in 2 contracts
Samples: Lease Agreement (Eldertrust), Lease Agreement (Eldertrust)
Disbursement of Proceeds. Any proceeds held by Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVERhowever, that Landlord shall disburse proceeds subject to the following requirements:
Appears in 2 contracts
Samples: Lease ( (Presidio Golf Trust), National Golf Properties Inc
Disbursement of Proceeds. Any Subject to the rights of the Lender under the Mortgage, any proceeds held by Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDED, HOWEVER, that Landlord shall disburse proceeds subject to the following requirements:
Appears in 1 contract
Samples: Lease (Golf Trust of America Inc)
Disbursement of Proceeds. Any proceeds held by Landlord ------------------------ or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVER-------- however, that Landlord shall disburse proceeds subject to the ------- following requirements:
Appears in 1 contract
Samples: Lease (National Golf Properties Inc)
Disbursement of Proceeds. Any proceeds held by Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVERhowever, that Landlord shall disburse proceeds that, subject to the requirements of any Facility Mortgagee, and subject further to the following requirements:
Appears in 1 contract
Samples: Master Agreement (Eldertrust)
Disbursement of Proceeds. Any proceeds held by ------------------------ Landlord or Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVER-------- however, that Landlord shall disburse proceeds subject to the following ------- requirements:
Appears in 1 contract
Disbursement of Proceeds. Any proceeds held by Landlord or ------------------------ Tenant shall be paid out by Landlord or Tenant from time to time for the reasonable costs of such reconstruction or repair; PROVIDEDprovided, HOWEVERhowever, that --------- ------- Landlord shall disburse proceeds subject to the following requirements:
Appears in 1 contract
Samples: Lease (National Golf Properties Inc)