Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's or Tenant's interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 3 contracts
Sources: Office Lease (Access Integrated Technologies Inc), Office Lease (FWT Inc), Lease Agreement (Deep Down, Inc.)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's ’s or Tenant's ’s interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's ’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 3 contracts
Sources: Sublease (Targacept Inc), Lease Agreement (Circle Bancorp), Lease Agreement (Heartland Payment Systems Inc)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's ’s or Tenant's ’s interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's ’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 2 contracts
Sources: Office Lease (Interhealth Facility Transport, Inc.), Office Lease (Interhealth Facility Transport, Inc.)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall will be the property of Landlord (whether such award is compensation for damages to Landlord's or Tenant's interest in the Leased Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall will have no interest in any award made to Tenant for loss of business or for taking of Tenant's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 2 contracts
Sources: Lease Agreement (Paragon Financial Corp), Lease Agreement (Sagemark Companies LTD)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's ’s or Tenant's ’s interest in the Leased Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's ’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Sources: Lease Agreement (Liposcience Inc)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's ’s or Tenant's ’s interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's ’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Sources: Office Lease (Interhealth Facility Transport, Inc.)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's or Tenant's interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant, provided such award does not diminish Landiord's award.
Appears in 1 contract
Condemnation Proceeds. All compensation awarded for any taking (or --------------------- the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's or Tenant's interest in the Leased Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Sources: Lease Agreement (Liposcience Inc)
Condemnation Proceeds. All compensation awarded for any taking --------------------- (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord's or Tenant's interest in the Leased Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 1 contract