Common use of Disposition of Awards Clause in Contracts

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

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