Withdrawal of Insurance Proceeds and Condemnation Awards. To the extent that any Trust Monies consist of either (a) Net Insurance Proceeds or (b) Net Awards, such Trust Monies, to the extent consistent with the Intercreditor Agreement, may be withdrawn by the Company and shall be paid by the Trustee upon a Company Request delivered to the Trustee to reimburse the Company or the applicable Subsidiary Guarantor for expenditures made, or to pay costs incurred, by the Company or such Subsidiary Guarantor in connection with the repair, rebuilding or replacement of the Collateral destroyed, damaged or taken, upon receipt by the Trustee of the following:
Appears in 4 contracts
Samples: Intercreditor and Collateral Agency Agreement (RBX Corp), Indenture (RBX Corp), RBX Corp
