Restoration Funds definition

Restoration Funds shall have the meaning provided in Section 8.04(a).

Restoration Funds is defined in Section 7.5(b).

Restoration Funds means any Loss Proceeds (and deposits by Tenant) to be applied to Restoration.

Examples of Restoration Funds in a sentence

• Depository shall pay to Tenant, as hereinafter provided, the Restoration Funds, for the purpose of the Restoration.

• Notwithstanding the foregoing, subject to the provisions of Section 8.04(d), the existence of any such lien shall not preclude Tenant from receiving any installment of Restoration Funds, provided such lien will be discharged with funds from such installment.

• On the other hand, the Gestalt laws (proximity, similarity, prägnanz) help to understand the formation of these visual clustering.

• If any matter included in a report by the engineer or consultant is unsatisfactory to Lender, Lender may suspend disbursement of the Restoration Funds until the unsatisfactory matters contained in the report are resolved to Lender’s satisfaction.

• Lender may elect to deposit the Restoration Funds with a depositary satisfactory to Lender under a disbursement and security agreement satisfactory to Lender.

More Definitions of Restoration Funds

Restoration Funds has the meaning ascribed thereto in Section 13.3(a).

Restoration Funds means any Loss Proceeds (and deposits by Lessee) to be applied to Restoration.

Restoration Funds is defined in Section 10.01;

Restoration Funds in the case of Expropriation means: (i) Expropriation Proceeds which are the entire amount received by the Association as compensation for any Expropriation, including without limitation any amount awarded as special damages, but deducting there from reasonable and necessary costs and expenses incurred, if any, to collect the same, including without limitation, legal fees, appraiser’s fees and court costs; and (ii) any surplus funds and those amounts, if any, held in the Capital Reserve Account.

Restoration Funds in the case of any Destruction, means: (i) Proceeds from insurance, received by the Association as a result of the Destruction, but deducting there from reasonable and necessary costs and expenses incurred, if any, to collect the same, including, without limitation, legal fees, appraiser’s and adjuster’s fees and court costs, and (ii) any surplus funds and those amounts, if any, held in the Capital Reserve Account. “Restoration Funds” in the case of Expropriation means: (i) Expropriation Proceeds which are the entire amount received by the Association as compensation for any Expropriation, including without limitation any amount awarded as special damages, but deducting there from reasonable and necessary costs and expenses incurred, if any, to collect the same, including without limitation, legal fees, appraiser’s fees and court costs; and (ii) any surplus funds and those amounts, if any, held in the Capital Reserve Account.

Restoration Funds means (a) any moneys that may be received by Depository and/or Landlord pursuant to the provisions of Articles 10 or 11, as the case may be, together with the interest, if any, earned thereon and (b) the proceeds of any security deposited with Depository and/or Landlord pursuant to the provisions of Articles 10 or 11, together with the interest, if any, earned thereon.

Restoration Funds shall have the meaning provided in Section 6.2(a). “Restore” shall have the meaning provided in Section 6.1.