Common use of Allocation of Award Clause in Contracts

Allocation of Award. Except as provided in Section 11.5 and the second sentence of this Section 11.6, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 16 contracts

Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Health Care Properties Inc)

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Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or the taking of Capital Additions paid for by Tenant and Tenant's ’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 9 contracts

Samples: Lease Agreement (TravelCenters of America Inc. /MD/), Lease Agreement (TravelCenters of America Inc. /MD/), Lease Agreement (TravelCenters of America Inc. /MD/)

Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 6 contracts

Samples: Lease Agreement (Wyndham Hotel Corp), Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust)

Allocation of Award. Except as provided in Section 11.5 11.2 and 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's the taking of Capital Additions paid for by Tenant and Xxxxxx’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 5 contracts

Samples: Lease Agreement (Service Properties Trust), Lease Agreement (Service Properties Trust), Lease Agreement (Service Properties Trust)

Allocation of Award. Except as provided in Section 11.5 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased Property, Capital Additions paid for or financed by Tenant, loss of business at the Leased Property during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 4 contracts

Samples: Lease Agreement (Senior Housing Properties Trust), Lease Agreement (Senior Housing Properties Trust), Lease Agreement (Senior Housing Properties Trust)

Allocation of Award. Except as provided in Section 11.5 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the applicable Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 3 contracts

Samples: Master Lease Agreement (Crescent Real Estate Equities Co), Master Lease Agreement (Magellan Health Services Inc), Master Lease Agreement (Crescent Real Estate Equities Inc)

Allocation of Award. Except as provided in Section 11.5 and the second sentence of this Section 11.6, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's ’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 2 contracts

Samples: Master Lease (CNL Income Properties Inc), Master Lease (CNL Income Properties Inc)

Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased any Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 2 contracts

Samples: Master Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust)

Allocation of Award. Except as provided in Section 11.5 11.2 and 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's the taking of Capital Additions paid for by Tenant and Texxxx’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (Service Properties Trust)

Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the any Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Master Lease Agreement (Hospitality Properties Trust)

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Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. 66 -57- Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (Wyndham Hotel Corp)

Allocation of Award. Except as provided in Section 11.5 11.3 and the second sentence of this Section 11.611.7, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property and/or the Resort Personal Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's ’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek and use their respective commercially reasonable efforts to obtain its own Award in the maximum amount available in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (CNL Lifestyle Properties Inc)

Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or the taking of Capital Additions paid for by Tenant and Tenant's removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (Service Properties Trust)

Allocation of Award. Except as provided in Section 11.5 11.2 and 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's the taking of Capital Additions paid for by Xxxxxx and Xxxxxx’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2)Tenant. In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (Service Properties Trust)

Allocation of Award. Except as provided in Section 11.5 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's leasehold interest in the applicable Leased Property, loss of business during the remainder of the Term, the taking of Tenant's Personal Property, or Tenant's removal and relocation expenses expe ses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Master Lease Agreement (Magellan Health Services Inc)

Allocation of Award. Except as provided in Section 11.5 11.4 and the second sentence of this Section 11.611.5, the total Award shall be solely the property of and payable to Landlord. Any portion of the Award made for the taking of Tenant's ’s leasehold interest in the Leased Property, loss of business during the remainder of the Term, the taking of Tenant's ’s Personal Property, or Tenant's ’s removal and relocation expenses shall be the sole property of and payable to Tenant (subject to the provisions of Section 11.2). In any Condemnation proceedings, Landlord and Tenant shall each seek its own Award in conformity herewith, at its own expense.

Appears in 1 contract

Samples: Lease Agreement (Life Time Fitness Inc)

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