Surplus Proceeds. If there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the Premises, such surplus shall belong to and be paid to Tenant.
Surplus Proceeds. If, after Loss Proceeds have been applied to the repair or restoration of the Project as provided in Section 3.7.2, there remain any excess Loss Proceeds, the Net Available Amount of such Loss Proceeds shall be transferred to the Revenue Account.
Surplus Proceeds. If, after Insurance Proceeds have been applied to the repair or restoration of the Project as provided in Section 7.9.4, any excess Insurance Proceeds shall be paid into the Revenue Account.
Surplus Proceeds. If surplus money remains in the hands of the Financier or a Receiver after payment of all the Secured Money (and satisfaction of any obligation ranking in priority to the Secured Money or secured by a Security Interest over the Charged Property):
(a) no trust arises over that surplus money; and
(b) that surplus money does not carry interest and the Financier or Receiver may pay it to an account in the name of the Chargor (whether or not opened by the Financier or Receiver for that purpose). The Financier or Receiver is then no longer liable for the surplus money.
Surplus Proceeds. If surplus money remains in the hands of the Secured Party or a Receiver after payment of all the Secured Money (and satisfaction of any obligation ranking in priority to the Secured Money or secured by an Encumbrance over the Collateral):
21.2.1 no trust arises over that surplus money; and
21.2.2 that surplus money does not carry interest and the Secured Party or Receiver may pay it to an account in the name of the Grantor (whether or not opened by the Secured Party or Receiver for that purpose). The Secured Party or Receiver is then no longer liable for the surplus money.
Surplus Proceeds. Subject to Tenant's compliance with this Section 11, if there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the Premises, such surplus shall belong to and be paid to Tenant.
Surplus Proceeds. 25 12.3 No Rent Abatement......................................................................................25 12.4 End of Term............................................................................................25 13. Condemnation...........................................................................................25
Surplus Proceeds. If, following the application of any Net Sale Proceeds or any Total Loss Proceeds in relation to an Aircraft pursuant to Clauses 20.4(a) to 20.4(f) inclusive, there remains any surplus amount of such Proceeds (the “Surplus Proceeds”):
(a) the Borrower shall be obliged to prepay in part each Advance (other than the Relevant Advance, as defined in Clause 20.4) pursuant to and in accordance with the provisions of Clause 7.7; and
(b) the Surplus Proceeds shall be applied in or towards discharge of such prepayment obligation in accordance with the provisions of Clause 20.4(g).
Surplus Proceeds. If the Mortgagee, a Receiver or an Attorney (as the case may be) holds any surplus money after:
(a) payment of the Indebtedness in full and the application of proceeds in accordance with clause 10.2; and
(b) the making of all payments that the Mortgagee, Receiver or Attorney has the right or obligation to make under the Transaction Documents or at law, then:
Surplus Proceeds. If there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the Premises, such surplus shall belong to and be paid to Tenant provided that if any Event of Default then exists which may be cured by the payment of money, any such surplus insurance proceeds shall first be applied to curing any such Event of Default.
