Common use of Direct Action Clause in Contracts

Direct Action. Lessee shall have the full right to litigate directly with the condemning authority concerning any claim it may have for loss of business, or depreciation to, damage to, or cost of removal of, or for the value of, trade fixtures, furniture, and other personal property belonging to Lessee, moving expenses, and value, as of the date of taking, of Lessee’s leasehold interest in the Premises not so taken.

Appears in 3 contracts

Samples: Lease Agreement, Auction Purchase and Sale Agreement, Auction Purchase and Sale Agreement

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Direct Action. Lessee shall have the full right to litigate directly with the condemning authority concerning any claim it may have for loss of business, or depreciation to, damage to, or cost of removal of, or for the value of, trade fixtures, furniture, and other personal property belonging to Lessee, moving expenses, and value, as of the date of taking, of LesseeXxxxxx’s leasehold interest in the Premises not so taken.

Appears in 1 contract

Samples: Lease Agreement for Atm Location

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