Common use of RIGHT OF LESSEE TO RECOVER PROCEEDS Clause in Contracts

RIGHT OF LESSEE TO RECOVER PROCEEDS. It is covenanted and agreed by and between the parties hereto that Lessor shall not be held responsible for the collection or non-collection of any of said insurance money in any event but only for such insurance money as shall come into its hands. Lessee, however, shall have the right in the name of Lessor to xxx for and recover any and all sums payable under any of said policies for losses arising thereunder provided it shall indemnify and save harmless Lessor from any costs or attorney’s fees in connection with any such proceeding to recover such insurance money. However, all sums so recovered shall be paid to Lessor to be applied as herein provided.

RIGHT OF LESSEE TO RECOVER PROCEEDS. It is covenanted and agreed by and between the parties hereto that Lessor shall not be held responsible for the collection or non-collection of any of said insurance insur- ance money in any event but only for such insurance money as shall come into its hands. LesseeXxxxxx, however, shall have the right in the name of Lessor to xxx sue for and recover any and all sums payable under any of said policies for losses arising thereunder there- under provided it shall indemnify and save harmless Lessor from any costs or attorneyattor- ney’s fees in connection with any such proceeding to recover such insurance money. However, all sums so recovered shall be paid to Lessor to be applied as herein providedpro- vided.

RIGHT OF LESSEE TO RECOVER PROCEEDS. It is covenanted and agreed by and between the parties hereto that Lessor shall not be held responsible for the collection or non-collection of any of said insurance insur- ance money in any event but only for such insurance money as shall come into its hands. Lessee, however, shall have the right in the name of Lessor to xxx for and recover any and all sums payable under any of said policies for losses arising thereunder there- under provided it shall indemnify and save harmless Lessor from any costs or attorneyattor- ney’s fees in connection with any such proceeding to recover such insurance money. However, all sums so recovered shall be paid to Lessor to be applied as herein providedpro- vided.