Common use of Insufficient Proceeds Clause in Contracts

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building caused by casualty, and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the lender under any Mortgage does not release to Landlord sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s option, by notifying Tenant within 45 days after the casualty, may terminate this Lease effective on the date of Landlord’s notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building caused by casualty, and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the lender under any Mortgage does not release to Landlord sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s 's option, by notifying Tenant within 45 days after the casualtyCasualty Date, may terminate this Lease effective on the date of Landlord’s 's notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building caused by casualty, and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of damage to the damagePremises or the Building caused by fire or other casualty, or if the Landlord’s lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the such damage, then LandlordLandlord may, at Landlord’s option, by notifying Tenant within 45 60 days after the casualty, may terminate this Lease effective on the date 60 days after the date of Landlord’s notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building building caused by casualty, afire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damagedamage (provided that such insufficiency is not due to Landlord's failure to carry the insurance required under Section 10 above), or if the Landlord's lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s 's option, by notifying Tenant within 45 30 days after the casualty, may terminate this Lease effective on the date of Landlord’s 's notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises Premises, the Building or Building the Shopping Center caused by casualty, fire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the Landlord's lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s 's option, by notifying Tenant within 45 30 days after the casualty, may terminate this Lease effective on the date of Landlord’s 's notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises Premises, the Building or Building the Shopping Center caused by casualty, fire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the Landlord’s lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the damage, then Landlord, at of Landlord’s option, by notifying Tenant within 45 30 days after the casualty, may terminate this Lease effective on the date of Landlord’s notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building building caused by casualty, fire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by including the amount of any policy deductible) to repair all of make the damagerepair, or if the Landlord's lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of make the damagerepair, then LandlordLandlord may, at Landlord’s 's option, by notifying Tenant within 45 thirty (30) days after the casualty, may terminate this Lease effective on the date thirty (30) days after the date of Landlord’s 's notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building building caused by casualty, fire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the Landlord’s lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s option, by notifying Tenant within 45 30 days after the casualty, may terminate this Lease effective on the date of Landlord’s notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building caused by casualty, and if Landlord does not receive sufficient insurance Insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of damage to the damagePremises or the Building caused by fire or other casualty, or if the Landlord's lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the such damage, then LandlordLandlord may, at Landlord’s 's option, by notifying Tenant within 45 30 days after the casualty, may terminate this Lease effective on the date 30 days after the date of Landlord’s 's notice.

Insufficient Proceeds. Notwithstanding any contrary language in this Article 11, if this Article 11 obligates Landlord to repair damage to the Premises or Building building caused by casualty, fire or other casualty and if Landlord does not receive sufficient insurance proceeds (excluding any deficiency caused by the amount of any policy deductible) to repair all of the damage, or if the Landlord’s lender under any Mortgage does not release allow Landlord to Landlord use sufficient insurance proceeds to repair all of the damage, then Landlord, at Landlord’s option, by notifying Tenant within 45 thirty (30) days after the casualty, may terminate this Lease effective on the date of Landlord’s notice.