Common use of Award to Landlord Clause in Contracts

Award to Landlord. Landlord reserves the exclusive right to negotiate with the condemning authority with respect to any proposed condemnation award, and all damages and compensation paid for the taking under the power of eminent domain, whether for the whole or a part of the Premises and whether by agreement or award, shall belong to and be the property of Landlord. Tenant hereby releases and disclaims any interest or right whatsoever in the award or compensation offered or paid by the condemning authority to the Landlord for the loss of the fee. There is expressly excluded from any right of compensation to the Tenant, and the Tenant expressly waives, any claims against the condemning authority for diminution in the value of the leasehold.

Award to Landlord. Landlord reserves the exclusive right to negotiate with the condemning authority with respect to any proposed condemnation award, and all damages and compensation paid for the taking under the power of eminent domain, whether for the whole or a part of the Leased Premises and whether by agreement or award, shall belong to and be the property of Landlord. Tenant Sub-subtenant hereby releases and disclaims any interest or right whatsoever in the award or compensation offered or paid by the condemning authority to the Landlord for the loss of the feeLandlord. There is expressly excluded from any right of compensation to the TenantSub-subtenant, and the Tenant Sub-subtenant expressly waives, any claims claim against the condemning authority for diminution in the value of the leasehold.

Award to Landlord. Landlord reserves the exclusive right ----------------- to negotiate with the condemning authority with respect to any proposed condemnation award, and all damages and compensation paid for the taking under the power of eminent domain, whether for the whole or a part of the Premises and whether by agreement or award, shall belong to and be the property of Landlord. Tenant hereby releases and disclaims any interest or right whatsoever in the award or compensation offered or paid by the condemning authority to the Landlord for the loss of the fee. There is expressly excluded from any right of compensation to the Tenant, and the Tenant expressly waives, any claims claim against the condemning authority for diminution in the value of the leasehold.

Award to Landlord. Landlord reserves the exclusive right ----- -- -------- to negotiate with the condemning authority with respect to any proposed condemnation award, and all damages and compensation paid for the taking under the power of eminent domain, whether for the whole or a part of the Premises and whether by agreement or award, shall belong to and be the property of Landlord. Tenant hereby releases and disclaims any interest or right whatsoever in the award or compensation offered or paid by the condemning authority to the Landlord for the loss of the fee. There is expressly excluded from any right of compensation to the Tenant, and the Tenant expressly waives, any claims claim against the condemning authority for diminution in the value of the leasehold.