Common use of Condemnation Awards Clause in Contracts

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 5 contracts

Samples: Lease Agreement (Westway Group, Inc.), Lease Agreement (Westway Group, Inc.), Lease Agreement (Westway Group, Inc.)

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Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Loan Agreement.

Appears in 4 contracts

Samples: Deed of Trust and Security Agreement (NNN 2003 Value Fund LLC), Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.), Winston Hotels Inc

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances acquaintances therefor, subject to the terms of the Credit Agreement.

Appears in 3 contracts

Samples: M & F Worldwide Corp, M & F Worldwide Corp, M & F Worldwide Corp

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Houghton Mifflin Harcourt Co), Security Agreement (Houghton Mifflin Harcourt Co), Credit Agreement (Dean Foods Co)

Condemnation Awards. Grantor assigns to Beneficiary all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Loan Agreement.

Appears in 2 contracts

Samples: , Security Agreement (Mission West Properties Inc), , Security Agreement (Mission West Properties Inc)

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, subject to the terms of the Credit AgreementAgreement (including, without limitation, Section 2.2(b) thereof).

Appears in 2 contracts

Samples: Credit Agreement (Headwaters Inc), Credit Agreement (Headwaters Inc)

Condemnation Awards. Grantor assigns all awards and ------------------- compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 2 contracts

Samples: Sandhills Inc, Sandhills Inc

Condemnation Awards. Grantor assigns all awards and compensation Condemnation Awards to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement (Teletech Holdings Inc), Teletech Holdings Inc

Condemnation Awards. Grantor assigns to Beneficiary all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Jubilant Generics Inc.)

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Condemnation Awards. Grantor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary Grantee and authorizes Beneficiary Grantee to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 1 contract

Samples: Pantry Inc

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, to Beneficiary Grantee and authorizes Beneficiary Grantee to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Meredith Enterprises Inc)

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Beneficiary and authorizes Beneficiary to collect and receive such awards Condemnation Awards, at any time after and compensation during the continuance of an Event of Default and following notice to Grantor, and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Avago Technologies LTD)

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other takingCondemnation Awards to Beneficiary, or any purchase in lieu thereof, to Beneficiary and authorizes Beneficiary provided that Grantor shall have the right to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, subject to the terms of the Credit Contribution and Loan Agreement.

Appears in 1 contract

Samples: Contribution and Loan Agreement (Delphi Properties Inc)

Condemnation Awards. Grantor assigns all awards and compensation for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Beneficiary and authorizes Beneficiary Beneficiary, following the occurrence and during the continuance of an Event of Default, to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, in each case, subject to the terms of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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