Disposition of Award. In the event of a Taking each Party shall be entitled to share in the award to the extent of its interest therein, and to assert a claim for consequential damages to and diminution of the value of its Property not so Taken.
Disposition of Award. Upon such partial condemnation, all compensation and damages for such partial condemnation shall belong to and be the sole property of Lessor, and Lessee shall have no claim thereto and hereby irrevocably assigns and transfers to Lessor all right, title and interest Lessee may have to compensation for damages to which Lessee may become entitled thereby. Notwithstanding the foregoing, Lessee shall be entitled to receive any award made for the taking of or damage to Lessee's trade fixtures and any Improvements made by Lessee to the Leased Premises which Lessee would have had the right to remove on expiration or earlier termination of this Lease but for the condemnation.
Disposition of Award. All compensation awarded or paid upon any total or partial taking of the SRC Property shall belong to and be the property of RAP except Buyer shall be entitled to any amount equal to the unamortized cost (depreciated on straight-line basis computed monthly) to Buyer of all leasehold improvements made by Buyer from and after the date hereof in that portion of the SRC Property so taken. Notwithstanding the foregoing, nothing herein contained shall be construed to preclude Buyer from prosecuting a claim directly against the condemning authority for the value of stock, trade fixtures, furniture, equipment, machinery, and other personal property belonging to Buyer; provided, however, no such claim shall diminish or otherwise adversely affect RAP’s award. In the event of termination of this Lease under section 8.2, Buyer shall have no claim against RAP for the value of any unexpired term of this Lease and no right or claim to any part of the award of RAP on account thereof.
Disposition of Award. If there are any legal proceedings in connection with any taking referred to in this Section 7, each of the parties hereto shall make its own separate claim to the authority taking the Premises and each shall be entitled to a separate award or compensation granted to it as a result of prosecuting its claim. Both Lessor and Lessee shall retain whatever rights are permitted them by law to oppose such taking or conveyance. Lessee shall have the right to make a claim against the condemning authority, but not against Lessor, on account of interruption of Lessee’s business, moving and relocation expenses and for depreciation to and removal of Lessee’s trade fixtures.
Disposition of Award. If there are any legal proceedings in connection with any taking referred to in this paragraph, each of the parties hereto shall make its own separate claim to the authority taking the Premises and each shall be entitled the separate award or compensation granted to it as a result of prosecuting its claim. Both Lessor and Lessee shall retain whatever rights are permitted them by law to oppose such taking or conveyance.
Disposition of Award. All compensation or damages awarded or paid for any taking hereunder shall belong to and be the property of Landlord, whether such compensation or damages are awarded or paid as compensation for diminution in value of the leasehold, the fee, or otherwise, except that Landlord shall not be entitled to any award made to Tenant for loss of business or the unamortized cost of Tenant's stock, trade fixtures, or leasehold improvements paid by Tenant. Tenant waives all right to any portion of the award belonging to Landlord hereunder, and grants to Landlord all of Tenant's rights therein.
Disposition of Award. Any award for the taking of all or part of the Phase III Easements Areas by Condemnation or any payment made under threat of Condemnation shall be the property of the City. However, the Phase III Cogeneration Facility Contractor shall be entitled to any award for the value of that portion of the Phase III Easements term taken and any award for lost profits. In addition, the Phase III Cogeneration Facility Contractor, or any third party authorized by the Phase III Cogeneration Facility Contractor to cause to be constructed the Phase III Cogeneration Facility, the Utility Interface and the Electrical Interconnection Equipment at such third party’s expense, as the case may be, shall be entitled to any award for loss or damage to the Phase III Cogeneration Facility, the Utility Interface, the Electrical Interconnection Equipment, trade fixtures and removable personal property, or alterations or modifications thereto. Nothing herein shall be deemed to be a waiver by the Phase III Cogeneration Facility Contractor of any claim it may have in any condemnation proceeding or related negotiation.
Disposition of Award. Landlord shall be entitled to the entire award made to it for any Taking, provided, however, that: (a) Landlord shall have no interest in any award made to Tenant specifically for its relocation expenses, the Taking of personal property or fixtures belonging to Tenant, or the interruption of or a damage to Tenant's business, if any such award is made separately to Tenant and not as a part of an award or damages recoverable by Landlord, and (b) Tenant shall be entitled to receive the entire award made in connection with any temporary taking allocable to the period prior to the expiration of the term.
Disposition of Award. Except for any separate award for Tenant's movable trade fixtures or relocation expenses which does not reduce Landlord's award, all Taking awards to Landlord or Tenant shall be Landlord's property without Tenant's participation.
Disposition of Award. All compensation or damages awarded or paid for any taking hereunder shall belong to and be the property of Landlord, whether such compensation or damages are awarded or paid as compensation for diminution in value of the leasehold, the fee or otherwise, except that Landlord shall not be entitled to any award made to Tenant for loss of business or the unamortized cost of Tenant's stock, trade fixtures or leasehold improvements paid by Tenant. Tenant waives all right to any portion of the award belonging to Landlord hereunder, and grants to Landlord all of Tenant's rights therein. Nothing in this section shall preclude Tenant from seeking its own claim against the public or quasi-public authority for compensation and damages for the injuries and loss sustained by them as a result of the taking or acquisition.
