Disbursement of Award. In the event of any proceeding described in Section 11.1 or 11.2, the Landlord shall receive any Award subject to the provisions of Section 15.02 of the Operating Agreement. For this purpose, any Award received by any mortgagee shall be deemed to be an Award received by Landlord.
Appears in 17 contracts
Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc)
