Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s or Tenant’s interest in the Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s fixtures and other property within the Premises if a separate award for such items is made to Tenant.
Appears in 3 contracts
Samples: Lease (Targacept Inc), Office Lease Agreement (Circle Bancorp), Office Lease Agreement (Heartland Payment Systems Inc)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s 's or Tenant’s 's interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s 's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 3 contracts
Samples: Lease Agreement (Deep Down, Inc.), Office Lease (FWT Inc), Office Lease (Access Integrated Technologies Inc)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Premises, shall will be the property of Landlord (whether such award is compensation for damages to Landlord’s 's or Tenant’s 's interest in the Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall will have no interest in any award made to Tenant for loss of business or for taking of Tenant’s 's fixtures and other property within the Premises if a separate award for such items is made to Tenant.
Appears in 2 contracts
Samples: Lease Agreement (Sagemark Companies LTD), Lease Agreement (Paragon Financial Corp)
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s or Tenant’s interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 2 contracts
Samples: Office Lease (Interhealth Facility Transport, Inc.), Office Lease (Interhealth Facility Transport, Inc.)
Condemnation Proceeds. All compensation awarded for any taking (or --------------------- the proceeds of private sale in lieu thereof), whether for the whole or a part of the Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s 's or Tenant’s 's interest in the Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s 's fixtures and other property within the Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Samples: Liposcience Inc
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s or Tenant’s interest in the Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s fixtures and other property within the Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Samples: Liposcience Inc
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s or Tenant’s interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Samples: Office Lease (Interhealth Facility Transport, Inc.)
Condemnation Proceeds. All compensation awarded for any taking --------------------- (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s 's or Tenant’s 's interest in the Premises), ) and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s 's fixtures and other property within the Premises if a separate award for such items is made to Tenant.
Appears in 1 contract
Condemnation Proceeds. All compensation awarded for any taking (or the proceeds of private sale in lieu thereof), whether for the whole or a part of the Leased Premises, shall be the property of Landlord (whether such award is compensation for damages to Landlord’s 's or Tenant’s 's interest in the Leased Premises), and Tenant hereby assigns all of its interest in any such award to Landlord; provided, however, Landlord shall have no interest in any award made to Tenant for loss of business or for taking of Tenant’s 's fixtures and other property within the Leased Premises if a separate award for such items is made to Tenant, provided such award does not diminish Landiord's award.
Appears in 1 contract
Samples: Improvements Agreement (Developed Technology Resource Inc)