Condemnation Award. The entire award or compensation for any Taking of the Project and/or the Premises, or any part thereof, or for diminution in value, shall be the property of Landlord, and Tenant hereby assigns its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any separate award made to Tenant for loss of business, for relocation purposes, or for the taking of Tenant's fixtures and improvements.
Appears in 3 contracts
Samples: Industrial Lease Agreement (Quaker Fabric Corp /De/), Standard Industrial Lease Agreement (Etoys Inc), Industrial Lease Agreement (Jill Kelly Productions Holding, Inc.)
Condemnation Award. The entire award or compensation for any Taking of the Project and/or the Premises, or any part thereof, or for diminution in value, shall be the property of Landlord, and Tenant hereby assigns its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any separate award made to Tenant for loss of business, for relocation purposes, or for the taking of Tenant's fixtures and improvements’s Personal Property.
Appears in 2 contracts
Samples: Industrial Lease Agreement, Industrial Lease Agreement (Lifetime Brands, Inc)
Condemnation Award. The entire award or compensation for any Taking of the Project and/or the Premises, or any part thereof, or for diminution in value, shall be the property of Landlord, and Tenant hereby assigns its interest in any such award to Landlord; provided, however, Tenant shall be entitled to pursue with the condemning authority and Landlord shall have no interest in any separate award made to Tenant for loss of business, for relocation purposes, or for the taking of Tenant's fixtures and improvements. 16.
Appears in 2 contracts
Samples: Industrial Lease Agreement, Standard Industrial Lease Agreement (Intest Corp)
Condemnation Award. The entire award or compensation for any Taking of the Project and/or the Premises, or any part thereof, or for diminution in value, shall be the property of Landlord, and Tenant hereby assigns its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any separate award made to Tenant for loss of business, for relocation purposes, or for the taking of Tenant's fixtures and improvementsPersonal Property.
Appears in 1 contract
Condemnation Award. The entire award or compensation for any Taking of the Project and/or the Premises, or any part thereof, or for diminution in value, shall be the property of Landlord, and Tenant Sublessee hereby assigns its interest in any such award to Landlord; provided, however, Sublessor and/or Landlord shall have no interest in any separate award made to Tenant Sublessee for loss of business, for relocation purposes, or for the taking of TenantSublessee's fixtures and improvements.
Appears in 1 contract
Samples: Sublease (Blue Holdings, Inc.)
