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.
Appears in 10 contracts
Samples: Lease and Security Agreement (Sterling House Corp), Lease and Security Agreement (American Retirement Corp), Lease Agreement (American Retirement Corp)
Surplus Proceeds. If there remains any surplus of insurance proceeds after the completion of the repair or reconstruction of the applicable portion of the Premises, such surplus shall belong to and be paid to Tenant.
Appears in 2 contracts
Samples: Master Lease and Security Agreement (Balanced Care Corp), Master Lease and Security Agreement (Balanced Care Corp)
