Excess Insurance Proceeds. Any insurance proceeds remaining after the completion of and payment for any such reconstruction or repairs shall be deposited with GBRA and restricted for use only on Budgeted CRR Costs and Non-Budgeted CRR Costs not to exceed $100,000. Subject to applicable limitations in the policy documents, any excess shall be deposited into the CRR Fund.
Appears in 5 contracts
Samples: Contract for Financing and Operation, Contract for Financing and Operation, Contract for Financing and Operation