APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY Sample Clauses

APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY. Any payments received during or with respect to the Facility Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to the seizure, 4127-6352-5967.8 expropriation, condemnation or requisition of the use of, or title to, the Facility shall be applied in accordance with Section 10.2 of the Facility Lease. Any payments received with respect to the period after the expiration of the Facility Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to, the Facility shall be paid over to, or retained by, the Head Lessee.
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APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY. Any payments received during or with respect to the Facility Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to, the Facility shall be applied in accordance with Section 10.2
APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY. Any payments received during or with respect to the Network Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity or TVA with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to the Undivided Interest or the Network shall be applied in accordance with Section 10 of the Network Lease. Any payments received with respect to the period after the expiration of the Network Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to the Undivided Interest or the Network shall be paid over to, or retained by, the Head Lessee.
APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY. Subject to the provisions of the Oglethorpe Mortgage, any payments received at any time by the Ground Lessor or by the Ground Lessee from any Governmental Entity with respect to an Event of Loss shall be paid over to the Ground Lessor or the Ground Lessee, or retained by the Ground Lessor and the Ground Lessee, as their respective interests may appear. Any payments received at any time during or with respect to the Ground Lease Term by the Ground Lessor or by the Ground Lessee from any Governmental Entity with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to, the Ground Interest not constituting an Event of Loss shall be paid over to, or retained by, the Ground Lessee.
APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY. Subject to the provisions of the Oglethorpe Mortgage, any payments received at any time by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to an Event of Loss shall be paid over to the Head Lessor or the Head Lessee, or retained by the Head Lessor and the Head Lessee, as their respective interests may appear. Any payments received at any time during or with respect to the Head Lease Term by the Head Lessor or by the Head Lessee from any Governmental Entity with respect to the seizure, expropriation, condemnation or requisition of the use of, or title to, the Undivided Interest not constituting an Event of Loss shall be paid over to, or retained by, the Head Lessee.

Related to APPLICATION OF PAYMENTS FROM GOVERNMENTAL ENTITY

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

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