Separate Awards. Landlord and Tenant shall each be entitled to receive and retain such separate awards and portions of lump sum awards as may be allocated to their respective interests in any condemnation proceedings. If there is any lump sum award as to which there is no allocation between the interests of Landlord and Tenant in any condemnation proceedings, then Landlord shall be entitled to receive the entire lump sum award. Termination of this Lease shall not affect the rights of the respective parties to such awards.
Appears in 2 contracts
Sources: Lease Agreement (Security Associates International Inc), Lease Agreement (Security Associates International Inc)