Right to Use Deposited Funds. Upon Landlord’s election to commence or complete any required Construction Work pursuant to Section 22.01 above, subject to Section 27.02(d), Tenant shall pay immediately, or cause to be paid immediately, to Landlord, all insurance proceeds that have been received by Tenant in connection with a Casualty (or proceeds of a condemnation award received in connection with a condemnation affecting part or all of the Premises), reduced by (i) the costs reasonably incurred by Tenant in the collection of such proceeds and (ii) those reasonable amounts that Tenant has applied to the Construction Work, and, if such sums are insufficient to complete the Construction Work, Tenant on Landlord’s demand shall pay the deficiency to Landlord. In the case of a Casualty or Condemnation Restoration, Tenant’s obligations with respect to this Section 22.04 shall be qualified by and subject to the provisions of Articles 11 and 12, respectively.
Right to Use Deposited Funds. Upon Landlord taking any action to commence and complete any of Tenant's obligations pursuant to Section 25.1 above, (a) Tenant shall, as provided in Article 8, pay immediately, or cause to be paid immediately, to Landlord, all insurance proceeds that have been received by Tenant in connection with a casualty (or proceeds of a condemnation award received in connection with a condemnation affecting part or all of the Property as provided in Article 9), reduced by (i) the costs reasonably incurred by Tenant in the collection of such proceeds and (ii) with regard to such obligations that may constitute Construction Work, those reasonable amounts that Tenant has applied to the Construction Work, and if such sums are insufficient to complete the Construction Work, Tenant on Landlord's demand shall pay the deficiency to Landlord, and (b) Lease Administrator shall pay all undisbursed moneys held by it to Landlord.
