Condemnation Proceeds. Landlord shall receive the entire award (which shall include sales proceeds) payable as a result of a condemnation, taking or sale in lieu thereof. Tenant hereby expressly assigns to Landlord any and all right, title and interest of Tenant now or hereafter arising in and to any such award. Tenant shall, however, have the right to recover from such authority through a separate award which does not reduce Landlord's award, any compensation as may be awarded to Tenant on account of moving and relocation expenses and depreciation to and removal of Tenant's physical property.
Appears in 5 contracts
Samples: Lease Agreement (Egpi Firecreek, Inc.), Office Lease Agreement (Vignette Corp), Office Lease Agreement (American Physician Partners Inc)
Condemnation Proceeds. Landlord shall receive the entire award (which shall include sales proceeds) payable as a result of a condemnation, taking or sale in lieu thereof. Tenant hereby expressly assigns to Landlord any and all right, title and interest of Tenant now or hereafter arising in and to any such award. Tenant shall, however, have the right to recover from such authority through a separate award which does not reduce Landlord's ’s award, any compensation as may be awarded to Tenant on account of moving and relocation expenses and depreciation to and removal of Tenant's ’s physical property.
Appears in 3 contracts
Samples: Office Lease Agreement (Bazaarvoice Inc), Office Lease Agreement (Medidata Solutions, Inc.), Office Lease Agreement (Prescient Applied Intelligence, Inc.)
Condemnation Proceeds. Landlord shall receive the entire award (which shall include sales proceeds) payable as a result of a condemnation, taking or sale in lieu thereof. Tenant hereby expressly assigns to Landlord any and all right, title and interest of Tenant now or hereafter arising in and to any such award. Tenant shall, however, have the right to recover from such authority through a separate award which does not reduce Landlord's award, any compensation as may be awarded to Tenant on account of moving and relocation expenses and expenses, depreciation to and removal of TenantXxxxxx's physical property.
Appears in 1 contract
Samples: Comstock Resources Inc
Condemnation Proceeds. Landlord shall receive the entire award (which shall include sales proceeds) payable as a result of a condemnation, taking or sale in lieu thereof. Tenant hereby expressly assigns to Landlord any and all right, title and interest of Tenant now or hereafter arising in and to any such awardaward with respect to its leasehold interest in the Premises. Tenant shall, however, have the right to recover from such authority through a separate award which does not reduce Landlord's ’s award, any compensation as may be awarded to Tenant on account of moving and relocation expenses and depreciation to and removal of Tenant's ’s physical propertyproperty or otherwise.
Appears in 1 contract
Samples: Renaissance Tower (Pfsweb Inc)
Condemnation Proceeds. Landlord shall receive the entire award (which shall include sales proceeds) payable as a result of a condemnation, taking or sale in lieu thereof. Tenant hereby expressly assigns to Landlord any and all right, right title and interest of Tenant now or hereafter arising in and to any such award. Tenant shall, however, have the right to recover from such authority through a separate award which does not reduce Landlord's award, any compensation as may be awarded to Tenant on account of moving and relocation expenses and and, depreciation to and removal of Tenant's physical propertyproperty and the loss of Tenant's use of the Premises.
Appears in 1 contract
