Common use of RETENTION OF INSURANCE PROCEEDS Clause in Contracts

RETENTION OF INSURANCE PROCEEDS. On the termination of this Lease under paragraph 5, or if this Lease is terminated by the operation of the doctrine of frustration, the Landlord will be entitled to retain the insurance proceeds for its exclusive benefit.

RETENTION OF INSURANCE PROCEEDS. On the termination of this Lease under paragraph 5, clause 6.15 (Uninsured Risks) or if this Lease is terminated by the operation of the doctrine of frustrationfrustration or otherwise, the Landlord will is to be entitled to retain all of the proceeds of insurance proceeds for its exclusive benefit.

RETENTION OF INSURANCE PROCEEDS. On the termination of this Lease under paragraph 5, 7 or if this Lease is terminated by the operation of the doctrine of frustration, frustration the Landlord will be entitled to may retain the insurance proceeds for its exclusive benefit.benefit the proceeds of insurance SCHEDULE 5 Rent Review