Disbursement of Insurance Proceeds Equal to or Greater Than The Approval Threshold. If Lessee restores or repairs the Leased Properties pursuant to this Article XIV, and if the Net Proceeds equal or exceed the Approval Threshold, the restoration or repair and disbursement of funds to Lessee shall be in accordance with the following procedures:
Appears in 3 contracts
Sources: Master Lease Agreement (Williams Companies Inc), Master Lease (Williams Communications Group Inc), Master Lease (Williams Companies Inc)