Common use of Repairs and Restoration Clause in Contracts

Repairs and Restoration. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Security Property or, if Grantor elects to restore the Security Property, to expend any sum in excess of the Net Loss Proceeds made available to Grantor for such purpose pursuant to the Indenture.

Appears in 2 contracts

Samples: Non Disturbance and Attornment Agreement (Aventine Renewable Energy Holdings Inc), Non Disturbance and Attornment Agreement (Aventine Renewable Energy Holdings Inc)

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Repairs and Restoration. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Security Mortgaged Property or, if Grantor elects to restore the Security Mortgaged Property, to expend any sum in excess of the Net Loss Proceeds made available to Grantor for such purpose pursuant to the Indenture.

Appears in 2 contracts

Samples: Non Disturbance and Attornment Agreement (Aventine Renewable Energy Holdings Inc), Non Disturbance and Attornment Agreement (Aventine Renewable Energy Holdings Inc)

Repairs and Restoration. Notwithstanding anything to the contrary, except as provided in the IndentureIndenture or the Ground Lease, Grantor shall have no obligation to restore the Security Mortgaged Property or, if Grantor elects to restore the Security Mortgaged Property, to expend any sum in excess of the Net Loss Proceeds made available to Grantor for such purpose pursuant to the Indenture.

Appears in 1 contract

Samples: Non Disturbance and Attornment Agreement (Aventine Renewable Energy Holdings Inc)

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Repairs and Restoration. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Security Property Premises or, if Grantor elects to restore the Security PropertyPremises, to expend any sum in excess of the Net Loss Proceeds made available to Grantor for such purpose pursuant to the Indenture.

Appears in 1 contract

Samples: Security Agreement (Verasun Energy Corp)

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