Common use of Application of Certain Payments Not Relating to an Event of Taking Clause in Contracts

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Property, without any abatement or reduction of Basic Rent, and the Awards for such Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 10 contracts

Samples: Master Lease Agreement (Concord Efs Inc), Master Lease Agreement (Concord Efs Inc), Master Lease Agreement (Dollar Tree Stores Inc)

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Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Propertyeffect, without any abatement or reduction of Basic Rent, and the Awards for such the Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 7 contracts

Samples: Lease and Development Agreement (Eagle Usa Airfreight Inc), Lease and Development Agreement (Huffy Corp), Master Lease and Development Agreement (Eagle Usa Airfreight Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Property, without any abatement or reduction of Basic Rent, and the Awards for such Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 5 contracts

Samples: Master Lease Agreement (Checkfree Corp \Ga\), Master Agreement (Ruby Tuesday Inc), Master Agreement (Ruby Tuesday Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Takinga Significant Condemnation, this Lease shall remain in full force and effect with respect to such Leased Propertyeffect, without any abatement or reduction of Basic Rent, and the Awards for such the Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 2 contracts

Samples: Lease Agreement (Lennox International Inc), Lease Agreement (Lennox International Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such the Leased Property, without any abatement or reduction of Basic Rent, and the Awards for such the Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 1 contract

Samples: Lease Agreement (Bank of New York Co Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full till force and effect with respect to such Leased Property, without any abatement or reduction of Basic Rent, and the Awards for such Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 1 contract

Samples: Indenture of Lease (Gtech Holdings Corp)

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Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Propertyeffect, without any abatement or reduction of Basic Rent, and the Awards for such the Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee.

Appears in 1 contract

Samples: Lease Agreement (Minnesota Power Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Propertyeffect, without any abatement or reduction of Basic Rent, and the Awards for such the Leased Property shall, unless an Event of Default has occurred and is continuing, be paid to the related Lessee. Any amounts received by Lessor after an Event of Default shall be applied to amounts due and owing under this Lease.

Appears in 1 contract

Samples: Lease Agreement (STB Systems Inc)

Application of Certain Payments Not Relating to an Event of Taking. In case of a requisition for temporary use of all or a portion of any the Leased Property which is not an Event of Taking, this Lease shall remain in full force and effect with respect to such Leased Propertyeffect, without any abatement or reduction of Basic Rent, and the Awards for such Leased Property shall, unless a Default or an Event of Default has occurred and is continuing, the Award attributable thereto shall be paid to the related Lessee.

Appears in 1 contract

Samples: Lease Agreement (Terremark Worldwide Inc)

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