Common use of Insurance and Condemnation Proceeds Clause in Contracts

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Prorata Share by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Prorata Share by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the Restructured City Loan and the Combined County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled to the result obtained by multiplying the City Additional Loan Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Loan Prorata Share Percentage by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled to the result obtained by multiplying the City Additional Loan Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Loan Prorata Share Percentage by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Loan Prorata Share by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Loan Prorata Share by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Restructured Town Loan and the Combined County Loan, the City Town and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: : (i) the City Town is entitled to the result obtained by multiplying the City Additional Town Loan Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Loan Prorata Share Percentage by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the Combined City Loan and the Combined County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Prorata Share by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Prorata Share by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Foreclosure Prorata Share by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Foreclosure Prorata Share by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled to the result obtained by multiplying the City Additional Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Prorata Share Percentage by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the City Loan and the County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Loan Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Loan Prorata Share Percentage by the available proceeds.

Insurance and Condemnation Proceeds. If, as a result of having made the Combined City Loan and the Combined County Loan, the City and County are entitled to insurance or condemnation proceeds, they will share such proceeds as follows: (i) the City is entitled the result obtained by multiplying the City Additional Prorata Share Percentage by the available proceeds, and (ii) the County is entitled to the result obtained by multiplying the County Additional Prorata Share Percentage by the available proceeds.