Common use of Disposition of Awards Clause in Contracts

Disposition of Awards. Except for any separate award for Tenant’s movable trade fixtures, relocation expenses, and unamortized leasehold improvements paid for by Tenant (provided that the same may not reduce Landlord’s award), all Taking awards to Landlord or Tenant shall be Landlord’s property without Xxxxxx’s participation, and Tenant hereby assigns to Landlord Xxxxxx’s interest, if any, in such award. Tenant may pursue its own claim against the Taking authority.

Appears in 4 contracts

Samples: Lease Agreement (Theseus Pharmaceuticals, Inc.), Indenture of Lease (Intellia Therapeutics, Inc.), Indenture of Lease (Dicerna Pharmaceuticals Inc)

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Disposition of Awards. Except for any separate award for Tenant’s movable trade fixtures, relocation expenses, and unamortized leasehold improvements paid for by Tenant (provided that the same may not reduce Landlord’s award), all Taking awards to Landlord or Tenant shall be Landlord’s property without XxxxxxTenant’s participation, and Tenant hereby assigns to Landlord XxxxxxTenant’s interest, if any, in such award. Tenant may pursue its own claim against the Taking authority.

Appears in 3 contracts

Samples: Sublease (Praxis Precision Medicines, Inc.), Sublease (Praxis Precision Medicines, Inc.), Sublease Agreement (Compass Therapeutics, Inc.)

Disposition of Awards. Except for any separate award for Tenant’s 's movable trade fixtures, relocation expenses, and unamortized leasehold improvements paid for by Tenant (provided that the same may not reduce Landlord’s 's award), all Taking awards to Landlord or Tenant shall be Landlord’s 's property without Xxxxxx’s 's participation, and Tenant hereby assigns to Landlord Xxxxxx’s 's interest, if any, in such award. Tenant may pursue its own claim against the Taking authority.

Appears in 1 contract

Samples: Passport Restaurants Inc

Disposition of Awards. Except for any separate award for Tenant’s 's movable trade fixtures, relocation expenses, and unamortized leasehold improvements paid for by Tenant improvements) (provided that the same may not reduce Landlord’s 's award), and any award for a temporary taking, all Taking awards to Landlord or Tenant shall be Landlord’s 's property without Xxxxxx’s Tenant's participation, and Tenant hereby assigns to Landlord Xxxxxx’s interest, if any, in such award. Tenant may pursue its own claim against the Taking condemning authority.

Appears in 1 contract

Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)

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Disposition of Awards. Except for any separate award for Tenant’s 's movable trade fixtures, fixtures or relocation expenses, and unamortized leasehold improvements paid for by Tenant (provided that the same may expenses which does not reduce Landlord’s 's award), all Taking awards to Landlord or Tenant shall be Landlord’s 's property without Xxxxxx’s Tenant's participation, and . Tenant hereby assigns to Landlord Xxxxxx’s interest, if any, in 's share of such award. Tenant , waives any rights with respect to the loss of its leasehold interest and the Premises, and agrees to execute such instruments as may pursue its own claim against be necessary to confirm the Taking authorityassignment and to deliver to Landlord any such award recovered by Xxxxxx except the separate award described above.

Appears in 1 contract

Samples: Geerlings & Wade Inc

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