Insufficiency of Net Proceeds. If the Net Proceeds are insufficient to pay in full the cost of any repair, restoration, modification, improvement or replacement of the Leased Property required under Section 11.2 of this Lease, the City may elect to:
Appears in 2 contracts
Insufficiency of Net Proceeds. If the Net Proceeds (plus any amounts withheld from such Net Proceeds by reason of any deductible clause) are insufficient to pay in full the cost of any repair, restoration, modification, improvement or replacement of the Leased Property required under Section 11.2 of this Lease, the City may elect to:
Appears in 1 contract
Samples: Lease Purchase Agreement
Insufficiency of Net Proceeds. If the Net Proceeds are (plus any amounts withheld from such Net Proceeds by reason of any deductible clause) shall be insufficient to pay in full the cost of any repair, restoration, modification, improvement or replacement of the Leased Property required under Section 11.2 9.02 of this Financing Lease, the City Town may elect to:
Appears in 1 contract
Samples: Lease Purchase Agreement
Insufficiency of Net Proceeds. If the Net Proceeds (plus any amounts withheld from such Net Proceeds by reason of any deductible clause) are insufficient to pay in full the cost of any repair, restoration, modification, improvement or replacement of the Leased Property required under Section 11.2 9.2 of this Lease, the City Town may elect to:
Appears in 1 contract
Samples: Lease Purchase Agreement
Insufficiency of Net Proceeds. If the Net Proceeds are (plus any amounts withheld from such Net Proceeds by reason of any deductible clause) shall be insufficient to pay in full the cost of any repair, restoration, modification, improvement or replacement of the Leased Property required under Section 11.2 9.02 of this Lease, the City may elect to:
Appears in 1 contract
Samples: Lease Purchase Agreement