REPAIRS AND RESTORATION. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Mortgaged Property or, if Grantor elects to restore the 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: Mortgage, Assignment, Assignment of Rents, Security Agreement, Fixture Filing and Financing Statement (Aventine Renewable Energy Holdings Inc), Leasehold Mortgage (Aventine Renewable Energy Holdings Inc)
REPAIRS AND RESTORATION. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Mortgaged Security Property or, if Grantor elects to restore the Mortgaged 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: Deed of Trust (Aventine Renewable Energy Holdings Inc), Deed of Trust (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 Mortgaged Property or, if Grantor elects to restore the 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: Leasehold Mortgage (Aventine Renewable Energy Holdings Inc)
REPAIRS AND RESTORATION. Notwithstanding anything to the contrary, except as provided in the Indenture, Grantor shall have no obligation to restore the Mortgaged Property Premises or, if Grantor elects to restore the Mortgaged 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: Indenture (Verasun Energy Corp)
