Common use of Insufficient Proceeds Clause in Contracts

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 3 contracts

Samples: Master Lease Agreement (Balanced Care Corp), Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Balanced Care Corp)

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Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 20 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 2 contracts

Samples: Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Brookdale Senior Living Inc.)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's such repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 30 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 2 contracts

Samples: Lease Agreement (Just Like Home Inc), Lease Agreement (Just Like Home Inc)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's such repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Lease Agreement (Balanced Care Corp)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section §9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 20 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.or

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's ’s repair, rebuilding or restoration under Section §9.4 in full, Tenant shall deposit with Landlord at Landlord's ’s option, and within 10 days of Landlord's ’s request, an amount sufficient in Landlord's ’s reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Master Lease Agreement (LifeCare Holdings, Inc.)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section 9.4 11.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.,

Appears in 1 contract

Samples: Lease Agreement (American Retirement Corp)

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Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section 9.4 ss.9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 20 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Master Lease Agreement (Brookdale Senior Living Inc.)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's ’s repair, rebuilding or restoration under Section §9.4 in full, Tenant shall deposit with Landlord at Landlord's ’s option, and within 10 days of Landlord's ’s request, an amount sufficient in Landlord's ’s reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.or

Appears in 1 contract

Samples: Master Lease Agreement (Tandem Health Care, Inc.)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's repair, rebuilding or restoration under Section §9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 20 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Master Lease Agreement (Alterra Healthcare Corp)

Insufficient Proceeds. If the proceeds of any insurance --------------------- settlement are not sufficient to pay the costs of Tenant's such repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 30 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.

Appears in 1 contract

Samples: Lease Agreement (Just Like Home Inc)

Insufficient Proceeds. If the proceeds of any insurance settlement are not sufficient to pay the costs of Tenant's such repair, rebuilding or restoration under Section 9.4 in full, Tenant shall deposit with Landlord at Landlord's option, and within 10 20 days of Landlord's request, an amount sufficient in Landlord's reasonable judgment to complete such repair, rebuilding or restoration. Tenant shall not, by reason of the deposit or payment, be entitled to any reimbursement from Landlord or diminution in or postponement of the payment of the Rent.shall

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

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