Distribution of the Award. The aggregate amount of all awards received in any proceeding relating to any taking (other than awards to Tenant pursuant to Section 12.03 or for temporary use or occupancy) is hereinafter called the "Award". Regardless of the apportionment of the Award in such proceeding, and regardless of any termination of this Lease, the Award shall be held in trust by Landlord or any mortgagee, as their interests may appear, and distributed in the following order of priority:
Appears in 2 contracts
Samples: Assignment And (Entex Information Services Inc), Agreement (Entex Information Services Inc)
Distribution of the Award. The aggregate amount of all awards received in any proceeding relating to any taking (other than awards to Tenant pursuant to Section 12.03 or for temporary use or occupancy) is hereinafter called the "Award". Regardless of the apportionment of the Award in such proceeding, and regardless of any termination of this Lease, the Award shall be held in trust by Landlord or any mortgagee, as their interests may appear, and distributed in the following order of priority:
Appears in 1 contract
Samples: Lease (Scholastic Corp)
Distribution of the Award. The aggregate amount of all awards received in any proceeding relating to any taking (other than awards to Tenant pursuant to Section 12.03 or for temporary use or occupancy) is hereinafter called the "Award". Regardless of ." The Award shall be distributed to the parties based on the apportionment of the Award in such proceeding, and regardless of any termination of this Lease, the Award shall be held in trust by Landlord or any mortgagee, as their interests may appear, and distributed in the following order of priority:.
Appears in 1 contract
Samples: Office Lease (Helmerich & Payne Inc)
