Common use of Condemnation Awards Clause in Contracts

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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 6 contracts

Sources: Credit Agreement (United Online Inc), Credit Agreement (Ruths Hospitality Group, Inc.), Credit Agreement (FTD Group, Inc.)

Condemnation Awards. Mortgagor assigns all awards and ------------------- compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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 4 contracts

Sources: Mortgage, Security Agreement, Assignment of Rents and Leases (Sandhills Inc), Mortgage, Security Agreement, Assignment of Rents and Leases (Sandhills Inc), Mortgage, Security Agreement, Assignment of Rents and Leases (Sandhills Inc)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Mortgagee and authorizes Mortgagee 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 2.06(c)(iii) thereof).

Appears in 4 contracts

Sources: Credit Agreement (Chiquita Brands International Inc), Credit Agreement (Chiquita Brands International Inc), Credit Agreement (Chiquita Brands International Inc)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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

Sources: Loan Agreement (Acadia Realty Trust), Mortgage, Security Agreement and Fixture Filing (Winston Hotels Inc), Open End Mortgage (Cedar Income Fund LTD /Md/)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing for Commercial Purposes (IAA Acquisition Corp.), Credit Agreement (Regal Cinemas Corp), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (M & F Worldwide Corp)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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

Sources: Open End Mortgage, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Open End Mortgage, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.)

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

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Simmons Bedding Co), Credit and Guaranty Agreement (Simmons Co /Ga/)

Condemnation Awards. Mortgagor 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 Mortgagee and subject to the terms of the Credit Agreement, authorizes Mortgagee to collect and receive such awards and compensation Condemnation Awards and to give proper receipts and acquittances therefor, subject to in accordance with the terms of the Credit Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, Condemnation Awards to Mortgagee and authorizes Mortgagee 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 AgreementFinancing Documents.

Appears in 2 contracts

Sources: Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.)

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

Appears in 2 contracts

Sources: Indenture (Edgen Group Inc.), Indenture (Edgen Murray II, L.P.)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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.. MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING - Page 5 [Pinebrook – Milford, OH]

Appears in 1 contract

Sources: Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (NorthStar Healthcare Income, Inc.)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee (on behalf of the Lenders) and authorizes Mortgagee 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

Sources: Mortgage and Security Agreement (Metropolis Realty Trust Inc)

Condemnation Awards. Mortgagor assigns all awards and compensation Condemnation Awards to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, Taking to Mortgagee and authorizes Mortgagee 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 AgreementNote and the prior rights of the Senior Lender (if any).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Golf Trust of America Inc)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee to collect and receive such awards and compensation and to give proper receipts and acquittances therefor, subject to the terms of the Credit Agreement. Mortgagor shall cause all Condemnation Awards to be applied in accordance with Section 2.10(c)(i) of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Verso Paper Holdings LLC)

Condemnation Awards. Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee Mortgagee, for the benefit of the Lenders, and authorizes Mortgagee 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

Sources: Credit Agreement (DMW Worldwide Inc)

Condemnation Awards. To the extent permitted by the Lease, Mortgagor assigns all awards and compensation to which it is entitled for any condemnation or other taking, or any purchase in lieu thereof, to Mortgagee and authorizes Mortgagee 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 1 contract

Sources: Credit Agreement (Regal Cinemas Corp)