Disposition of Award. In the event of a Taking, each Party shall be entitled to share in the awards to the extent of its interest in the property subject to the Taking, and for consequential damages to and dilution of value of the relevant property not so Taken.
Appears in 3 contracts
Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co), Asset Purchase and Sale Agreement (Southern Energy Inc), Asset Purchase and Sale Agreement (Potomac Electric Power Co)
Disposition of Award. In the event of a Taking, Taking each Party shall be entitled to share in the awards award to the extent of its interest in the property subject to the Takingtherein, and to assert a claim for consequential damages to and dilution diminution of the value of the relevant property its Property not so Taken.
Appears in 3 contracts
Samples: Reciprocal Easement Agreement (Aes Eastern Energy Lp), Reciprocal Easement Agreement (Aes Eastern Energy Lp), Reciprocal Easement Agreement (Aes Eastern Energy Lp)
Disposition of Award. In the event of a Taking, Taking each Party shall be entitled to share in the awards (i) to the extent of its interest in the property subject Taken; provided, however, that in the event that either Party has assigned any part of its interest under this Easement, the assignee of such interest shall be entitled to receive the Takingentire amount of said awards allocated to such Party, and for (ii) consequential damages to incurred by it as a consequence of such Taking and dilution (iii) any diminution of the value of the relevant its property not so Taken, but in each case only to the extent such damages are included in the award.
Appears in 2 contracts
Samples: Purchase Agreement (Pepco Holdings Inc), Purchase Agreement (Calpine Corp)
Disposition of Award. In the event of a Taking, each Party shall -------------------- be entitled to share in the awards to the extent of its interest in the property subject to the Taking, and for consequential damages to and dilution of value of the relevant property not so Taken.
Appears in 1 contract
Samples: Easement, License and Attachment Agreement (Mirant Mid Atlantic LLC)
Disposition of Award. In the event of a Taking, Taking each Party shall be entitled to share in the awards award to the extent of its interest in the property subject to the Takingtherein, and for consequential damages to and dilution of value of the relevant property not so Taken.assert a claim
Appears in 1 contract
Samples: Reciprocal Easement Agreement (Aes Eastern Energy Lp)
