Common use of Notifications Concerning Proceeds Clause in Contracts

Notifications Concerning Proceeds. In the event that any proceeds of insurance on any part of the Mortgage Estate, or any condemnation proceeds, shall be deposited with any person pursuant to the requirements of the Lease, the Mortgagor shall promptly notify the Mortgagee of the name and address of the person with whom such proceeds have been deposited and of the amount so deposited.]29

Appears in 2 contracts

Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

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Notifications Concerning Proceeds. In the event that any proceeds of insurance on any part of the Mortgage Estate, or any condemnation proceedsCondemnation Proceeds, shall be deposited Mortgage -------- with any person pursuant to the requirements of the Lease, the Mortgagor shall promptly notify the Mortgagee of the name and address of the person with whom such proceeds have been deposited and of the amount so deposited.]29deposited.

Appears in 1 contract

Samples: Security Agreement (Chart Industries Inc)

Notifications Concerning Proceeds. In the event that any proceeds of insurance on any part of the Mortgage Estate, or any condemnation proceeds, shall be deposited with any person pursuant to the requirements of the Lease, the Mortgagor shall promptly notify the Mortgagee of the name and address of the person with whom such proceeds have been deposited and of the amount so deposited.]29deposited.]30

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

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Notifications Concerning Proceeds. In the event that any proceeds of insurance on any part of the Mortgage EstateMortgaged Property, or any condemnation proceeds, shall be deposited with any person pursuant to the requirements of the Site Lease, the Mortgagor shall promptly notify the Mortgagee of the name and address of the person with whom such proceeds have been deposited and of the amount so deposited.]29deposited.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (CBRE Acquisition Holdings, Inc.)

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