Examples of Casualty Proceeds Account in a sentence
If the Lenders determine that such Casualty Proceeds shall be used for restoration, then the proceeds shall be disbursed from the Casualty Proceeds Account for such restoration in accordance with procedures reasonably determined by the Lenders consistent with construction loan funding principles.
Notwithstanding the foregoing, if the Lenders determine that the Casualty Proceeds shall be used for restoration and such Casualty Proceeds are less than $50,000, then such amount shall be disbursed from the Casualty Proceeds Account to the Borrower and the Borrower shall utilize such proceeds solely for restoration of such casualty.
All Casualty Proceeds (for collateral purposes) are hereby assigned by the Borrower to the Administrative Agent, and the Borrower shall have the right to collect any such payments, and such payments shall be deposited by the Lenders or the Administrative Agent in an account at the Lockbox Bank controlled by Administrative Agent (the "Casualty Proceeds Account").
Notwithstanding the foregoing, if the Borrower determines that the Casualty Proceeds shall be used for restoration and such Casualty Proceeds are less than One Hundred Thousand Dollars ($100,000), then such amount shall not be deposited in the Casualty Proceeds Account, but shall be made available to the Borrower and the Borrower shall utilize such proceeds solely for repair, rebuilding or restoration of such Casualty Event.
If no Event of Default exists, the proceeds shall be disbursed from the Casualty Proceeds Account for such restoration in accordance with procedures reasonably determined by the Agent consistent with construction loan funding principles.
Thus, those Annex VII(b) Members that graduate after January 1, 2003, like India, would have had a longer period to provide export subsidies than a non-Annex VII developing country Member, described in Article 27.2(b), whose time to grant export subsidies ended on January 1, 2003.
For example, requests to provide reflective practice that is outside the scope of your professional or cultural competence; or a request for information from a worker’s manager that is outside the scope of the contract or accepted good practice.› Constructively challenge the worker’s behaviour, values and attitudes if you are concerned about any aspect of their practice.
Following the Occurrence of an event given rise to Casualty Damage, the loss payee under the Casualty Insurance relating to the Garage shall promptly and diligently pursue adjustment and payment of claims for Casualty Insurance proceeds and shall immediately cause all proceeds of Casualty Insurance (the “Casualty Proceeds”), after deduction of reasonable expenses of collection and settlement, to be deposited directly into the Casualty Proceeds Account.
Notwithstanding the foregoing, if the Lenders determine that the Casualty Proceeds shall be used for restoration and such Casualty Proceeds are less than $25,000, then such amount shall be disbursed from the Casualty Proceeds Account to the Borrower and the Borrower shall utilize such proceeds solely for restoration of such casualty.
It cited the case of “[Alan Jay] Mandel, the tobacco shop owner, whose voter certificate was signed at the polls by someone after his death.”99 Repeated the reporter, “[S]omebody definitely signed his name on a voter certificate on Nov.