Use of Insurance Proceeds. Lender shall make the net insurance proceeds received by it (after reimbursement of Lender's out-of pocket costs of collecting and disbursing the same) available to Borrower to pay the cost of restoration, repair and rebuilding of the Mortgaged Property, subject to the following conditions:
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Samples: Reuter Manufacturing Inc, Wsi Industries Inc, Avecor Cardiovascular Inc
Use of Insurance Proceeds. Lender shall make the net insurance proceeds received by it (after reimbursement of Lender's ’s out-of pocket costs of collecting and disbursing the same) available to Borrower to pay the cost of restoration, repair and rebuilding of the Mortgaged Property, subject to the following conditions:
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Samples: And Fixture Financing Statement (Northern Growers LLC), And Fixture Financing Statement (Northern Growers LLC)
Use of Insurance Proceeds. Lender shall make the net insurance proceeds received by it (after reimbursement of LenderXxxxxx's out-of pocket costs of collecting and disbursing the same) available to Borrower to pay the cost of restoration, repair and rebuilding of the Mortgaged Property, subject to the following conditions:
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