Prosecution of Awards Sample Clauses

Prosecution of Awards. (a) If any Condemnation shall occur, the party receiving the notice of such Condemnation shall give to the other party and the Agent promptly, but in any event within thirty (30) days after the occurrence thereof, written notice of such occurrence and the date thereof, generally describing the nature and extent of such Condemnation. With respect to any Event of Taking or any Condemnation, the related Lessee shall control the negotiations with the relevant Governmental Authority as to any proceeding in respect of which Awards are required, under Section 10.6, to be assigned or released to such Lessee, unless an Event of Default shall have occurred and be continuing, in which case (i) the Agent (or Lessor if the Loans have been fully paid) shall control such negotiations; and (ii) such Lessee hereby irrevocably assigns, transfers and sets over to Lessor all rights of such Lessee to any Award on account of any Event of Taking or any Condemnation and, if there will not be separate Awards to Lessor and such Lessee on account of such Event of Taking or Condemnation, irrevocably authorizes and empowers the Agent (or Lessor if the Loans have been fully paid) during the continuance of an Event of Default, with full power of substitution, in the name of such Lessee or otherwise (but without limiting the obligations of such Lessee under this Article X), to file and prosecute what would otherwise be such Lessee's claim for any such Award and to collect, receipt for and retain the same. In any event Lessor and the Agent may participate in such negotiations, and no settlement will be made without the prior consent of the Agent (or Lessor if the Loans have been fully paid), not to be unreasonably withheld.
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Prosecution of Awards. .. 15 Section 10.8 Application of Certain Payments Not Relating to an Event of Taking....................... 16 Section 10.9
Prosecution of Awards. (a) With respect to any condemnation with respect to any Leased Property, Lessee shall control the negotiations with the relevant governmental authority; provided, however, that if an Event of Default shall have occurred and be continuing Lessor or its assigns shall control such negotiations. Lessee hereby irrevocably assigns, transfers and sets over to Lessor all rights of Lessee to any award made during the continuance of an Event of Default on account of any condemnation and, if there will not be separate awards to the Lessor and the Lessee on account of such condemnation, irrevocably authorizes and empowers Lessor during the continuance of an Event of Default, with full power of substitution in the name of Lessee or otherwise (but without limiting the obligations of Lessee under this Article), to file and prosecute what would otherwise be Lessee's claim for any such Award and, in the case of Lessor, to collect, receipt for and retain the same in accordance with Section 6.3 of the Indenture; provided, however, that in any event Lessor may participate in any such negotiations, and no settlement will be made without Lessor's prior consent, not to be unreasonably withheld.
Prosecution of Awards. (a) If any Condemnation shall occur, the party receiving the notice of such Condemnation shall give to the other party and the Agent promptly, but in any event within thirty (30) days after the occurrence thereof, written notice of such occurrence and the date thereof, generally describing the nature and extent of such
Prosecution of Awards. (a) If, during the continuance of any Event of Default, any Condemnation shall occur, Lessee shall give to Lessor and the Agent promptly, but in any event within thirty (30) days after the occurrence thereof, written notice of such occurrence and the date thereof, generally describing the nature and extent of such Condemnation. With respect to any Event of Taking or any Condemnation, Lessee shall control the negotiations with the relevant Governmental Authority
Prosecution of Awards. (a) If any Condemnation shall occur, the Lessee shall give to the Lessor promptly, but in any event within five (5) Business Days after the occurrence of such Condemnation, written notice of such occurrence and the date thereof, generally describing the nature and extent of such Condemnation. With respect to any Event of Taking or any Condemnation, the Lessee and the Lessor shall jointly participate in the negotiations with the relevant Governmental Authority as to the total amount of the Awards. To the extent there is a Fee Mortgagee or an Approved Leasehold Mortgagee at the time of such Event of Taking or such Condemnation, such Fee Mortgagee and/or such Approved Leasehold Mortgagee shall also be entitled to participate with the Lessee and the Lessor in such negotiations.
Prosecution of Awards. 17 SECTION 11.8 Application of Certain Payments Not Relating to an Event of Taking. . . . . . . . . . . . . . . . . . . . . 18 SECTION 11.9 Other Dispositions.. . . . . . . . . . . . . . . . . . . 18 SECTION 11.10 No Rent Abatement. . . . . . . . . . . . . . . . . . . . 18
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Prosecution of Awards. 16 SECTION 11.8 Application of Certain Payments Not Relating to an Event of Taking. . . . . . . . . . . . . 17 SECTION 11.9 Other Dispositions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 SECTION 11.10 No Rent Abatement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ARTICLE XII INTEREST CONVEYED TO LESSEE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Prosecution of Awards. TABLE OF CONTENTS (continued)
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