Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.
Loss Proceeds means Condemnation Proceeds and/or Insurance Proceeds.
Loss Proceeds means all monies received or to be received under any insurance policy, from any condemning authority, or from any other source, as a result of any Condemnation or Casualty.
Examples of Loss Proceeds in a sentence
Loss Proceeds and other amounts received as a result of any Event of Loss shall be held by such Grantor in trust for the Collateral Agent, shall be segregated from other funds of any Grantor and shall, promptly upon receipt by any Grantor, be turned over to the Collateral Agent, in the same form as received by such Grantor (duly indorsed to the Collateral Agent, if required) for deposit into the Loss Proceeds Account.
All or substantially all of the Facility is destroyed or becomes permanently inoperative as a result of a material Event of Loss, and is not covered by insurance, or not repaired or restored with Loss Proceeds within any time periods required under Section 7.04 (Event of Loss).
More Definitions of Loss Proceeds
Loss Proceeds means insurance proceeds, condemnation awards or other similar compensation, awards, damages and payments or relief (exclusive, in each case, of proceeds of business interruption, workers’ compensation, employees’ liability, automobile liability, builders’ all risk liability and general liability insurance) with respect to any Event of Loss.
Loss Proceeds means amounts, awards or payments payable to Borrower or Lender in respect of all or any portion of any of the Properties in connection with a Casualty or Condemnation thereof (after the deduction therefrom and payment to Borrower and Lender, respectively, of any and all reasonable expenses incurred by Borrower and Lender in the recovery thereof, including all reasonable attorneys’ fees and disbursements, the fees of insurance experts and adjusters and the costs incurred in any litigation or arbitration with respect to such Casualty or Condemnation).
Loss Proceeds means all proceeds (other than any proceeds of business interruption insurance, advance loss of profit insurance, and proceeds covering liability of the Project Company to third parties) resulting from a Event of Loss.
Loss Proceeds is defined in Section 10.6 of the Lease.
Loss Proceeds means insurance proceeds, condemnation awards or other compensation, awards, damages and other payments or relief (exclusive, in each case, of the proceeds of liability insurance and business interruption insurance and other payments for interruption of operations) with respect to any Event of Loss.
Loss Proceeds as defined in the Disbursement Agreement.
Loss Proceeds means all amounts and proceeds (including instruments) from an Event of Loss received by the Loan Parties, including, without limitation, insurance proceeds or other amounts actually received, except proceeds of business interruption insurance.