Common use of Withdrawal of Loss Proceeds Clause in Contracts

Withdrawal of Loss Proceeds. To the extent that any Trust Monies consist of Net Loss Proceeds, such Trust Monies may be withdrawn by the Issuers and the Trustee shall instruct the Collateral Agent upon a request delivered to the Trustee to reimburse the Issuers or the applicable Guarantor for expenditures made, or to pay costs incurred, by the Issuers or such Guarantor in connection with the repair, rebuilding or replacement of or substitution for the Collateral destroyed, damaged or taken, upon receipt by the Trustee of the following:

Appears in 2 contracts

Samples: Priority Intercreditor Agreement (Trump Indiana Inc), Security Agreement and Fixture Filing (Trump Indiana Inc)

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Withdrawal of Loss Proceeds. To the extent that any Trust Monies consist of Net Loss Proceeds, such Trust Monies may be withdrawn by the Issuers Company and shall be paid by the Trustee shall instruct the Collateral Agent upon a request Company Request delivered to the Trustee to reimburse the Issuers Company or the applicable Subsidiary Guarantor for expenditures made, or to pay costs incurred, by the Issuers Company or such Subsidiary Guarantor in connection with the repair, rebuilding or replacement of or substitution for the Collateral destroyed, damaged or taken, upon receipt by the Trustee of the following:

Appears in 1 contract

Samples: Indenture (Raceland Truck Plaza & Casino LLC)

Withdrawal of Loss Proceeds. To the extent that any Trust Monies consist of Net Loss Proceeds, such Trust Monies may be withdrawn by the Issuers and the Trustee shall instruct be paid by the Collateral Agent (upon the direction of the Trustee) upon a written request by the Issuers delivered to the Trustee and the Collateral Agent to reimburse the Issuers or the applicable Guarantor for expenditures made, or to pay costs incurred, by the Issuers such Issuer or such Guarantor in connection with the repair, rebuilding or replacement of or substitution for the Collateral destroyed, damaged or takena reinvestment complying with Section 4.16, upon receipt by the Trustee and the Collateral Agent of the following:

Appears in 1 contract

Samples: APT Sunshine State LLC

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Withdrawal of Loss Proceeds. To the extent that any Trust Monies consist of Net Loss Proceeds, such Trust Monies may be withdrawn by the Issuers Issuer and the Trustee shall instruct be paid by the Collateral Agent (upon the direction of the Trustee) upon a written request by the Issuer delivered to the Trustee and the Collateral Agent to reimburse the Issuers Issuer or the applicable Guarantor for expenditures made, or to pay costs incurred, by the Issuers Issuer or such Guarantor in connection with the repair, rebuilding or replacement of or substitution for the Collateral destroyed, damaged or takena reinvestment complying with Section 4.16, upon receipt by the Trustee and the Collateral Agent of the following:

Appears in 1 contract

Samples: Jeffboat LLC

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