Condemnation of Substantially All of the Improvements. If this Lease is terminated pursuant to Section 15(c), then (i) the Fair Board shall receive the entire Condemnation Award for (A) the land on which the Premises are situated, (B) the Premises, and (C) other Improvements paid for by the Fair Board taken, and (ii) Bristol may separately pursue a claim against the condemner for (A) the value of Bristol’s personal property that Bristol is entitled to remove under this Lease, (B) the value of Bristol’s leasehold interest in the Premises, (C) moving costs, (D) loss of business, (E) the unamortized cost of Improvements paid for by Bristol, and (F) any other damages incurred by Bristol in connection with such Condemnation Action. If Applicable Law mandates a single award, the parties will negotiate in good faith to apportion the award according to the relative values of the interests as described in this Section 15(f).
Appears in 3 contracts
Sources: Lease Agreement, Lease Agreement, Lease Agreement