Separate Awards Sample Clauses

Separate Awards. The parties agree to cooperate to encourage the condemning authority to make separate awards to Landlord and Tenant.
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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.
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Separate Awards. Landlord and Tenant shall each seek separate awards in all such condemnation proceedings, and each agrees to use its best efforts to see that such separate awards are made at all stages of all such proceedings. 11.5
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Separate Awards. Landlord and Tenant each covenant and agree to seek separate Awards in all condemnation proceedings and to use their respective best efforts to see that such separate Awards are made at all stages of the condemnation proceedings. If any order or decree in any condemnation or similar proceeding shall fail to separately state the amount to be awarded to Tenant and/or Landlord, by way of compensation, damages, rent, the cost of demolition, removal or restoration, or otherwise, and if Landlord and Tenant cannot agree thereon within 30 days after the final Award or Awards shall have been fixed and determined, such dispute shall be resolved by arbitration. In determining the amounts to be made to Landlord and Tenant under the provisions of this Section 10, to the extent relevant, due regard shall be given to the rights and benefits which each party is entitled to receive under the provisions of this Lease.
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Separate Awards. The court in such condemnation proceeding shall, if not prohibited by law, be requested to make separate awards to Sublessor and Sublessee, and Sublessor and Sublessee agree to request such action by the court. This Paragraph 16 of this Sublease shall be construed as superseding and being hereby substituted for any statutory provisions now in force or hereafter enacted concerning condemnation proceedings to the extent permitted by law.
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Separate Awards. If, during the Lease Term, the Demised Premises, or any portion thereof, is condemned or taken by any governmental authority, or by any corporation or other entity having the power of eminent domain, Landlord and Tenant agree to request the courts in such condemnation proceeding to make separate awards to Landlord and Tenant as to their respective interests in the Demised Premises. If for any reason the court is unwilling or unable to make separate awards, Landlord and Tenant agree that the one award shall be equitably apportioned between them, as hereinafter set forth, to reflect their respective interests in the Demised Premises.
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Separate Awards. Subject to Court approval, Xxxxxx-Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx shall each receive, and Burlington shall not oppose, Separate Awards of $10,000.00 each in recognition of their effort and work in prosecuting the Lawsuit on behalf of the Potential Collective Members. The Separate Awards shall be allocated 100% as non-wage income, for which a Form 1099 shall be issued to Xxxxxx-Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx. Xxxxxx- Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx shall be solely responsible for any and all tax liabilities, including any penalties and interest, arising from the Separate Awards. Should the Court award a lesser sum or nothing, the residual shall be included in the Net Settlement Amount. The Settlement Administrator will pay the Separate Awards within 30 days of the Court’s approval of the Separate Awards and the Effective Date, whichever is later.
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Related to Separate Awards

  • Awards (1) The tribunal, in its award, shall set out its findings of law and fact, together with the reasons therefore, and may, at the request of a Contracting Party, award the following forms of relief:

  • Option Awards The Company represents and warrants to the Executive that all shares issued pursuant to any equity award granted to the Executive by the Company, upon issuance to the Executive, will be duly authorized, fully paid and non-assessable. A sufficient number of shares for each such equity award will be properly reserved.

  • Other Awards The grant of an Award shall not confer upon the Holder the right to receive any future or other Awards under the Plan, whether or not Awards may be granted to similarly situated Holders, or the right to receive future Awards upon the same terms or conditions as previously granted.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Stock Option Awards During the Term, the Executive shall be eligible for awards of options to purchase shares of the Company’s common stock (the “Stock Options”), such Stock Options to be awarded in the sole discretion of the Compensation Committee and in accordance with the terms of the Company’s Stock Option Plan, as such Stock Option Plan may be amended, suspended or terminated from time to time.

  • Other Stock-Based Awards The Committee may grant types of equity-based or equity-related Awards not otherwise described by the terms of the Plan (including the grant or offer for sale of unrestricted Shares), in such amounts (subject to Article IV) and subject to such terms and conditions, as the Committee shall determine. Such Other Stock-Based Awards may involve the transfer of actual Shares to Participants, or payment in cash or otherwise of amounts based on the value of Shares and may include Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Other Equity Awards Except as set forth in Sections 8(c)(ii) and 8(c)(iii), performance share awards and all other equity awards granted to the Executive by the Company which remain outstanding immediately prior to the date of termination of the Executive’s employment, as provided in Section 7(b), shall vest and be settled in accordance with their terms. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(c) except as set forth in Section 12.

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