Net InsuranceCondemnation Proceeds

Net InsuranceCondemnation Proceeds. Means any cash payments or proceeds received by any Grantor or any of its Subsidiaries or the Trustee (a) under any business interruption or casualty insurance policy in respect of a covered loss thereunder or (b) as a result of the taking of any assets of such Grantor or any of its Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, in each case net... of any actual and reasonable documented costs incurred by such Grantor or any of its Subsidiaries in connection with the adjustment or settlement of any claims of such Grantor or such Subsidiary in respect thereof. View More