Common use of Division of Condemnation Award Clause in Contracts

Division of Condemnation Award. Any award made as a result of any Condemnation of the Leased Premises or Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation award made directly to Tenant: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; (ii) for the interruption of Tenant’s business or its moving costs; (iii) for loss of Tenant’s goodwill; or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation shall be determined as provided in this article. Each party hereby waives the provisions of California Code of Civil Procedure section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 3 contracts

Samples: Multi Tenant Space Lease (Sight Sciences, Inc.), Multi Tenant Space Lease (Nevro Corp), Multi Tenant Space Lease (Nevro Corp)

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Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation award made directly to Tenant: make a direct claim against the condemning authority for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s business or its moving costs; , (iii) for loss of Tenant’s goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 2 contracts

Samples: Lease (Neophotonics Corp), Lease (Neophotonics Corp)

Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s business or its moving costs; , (iii) for loss of Tenant’s goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each party Article, and each xxxxx hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Sirf Technology Holdings Inc)

Division of Condemnation Award. Any award made as a result of any Condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation award that is made directly to Tenant: Tenant (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s 's business or its moving costs; , (iii) for loss of Tenant’s 's goodwill; or , or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation shall be determined as provided in this article. Each Section, and each party hereby waives the provisions of Section 1265.130 of the California Code of Civil Procedure section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Socket Communications Inc)

Division of Condemnation Award. Any award made as a result of any Condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; , provided, however, that Tenant shall be entitled to receive any Condemnation award that is made directly to Tenant: Tenant (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s 's business or for its moving costs; , (iii) for loss of Tenant’s goodwill; or 's goodwill or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of Section 1265.130 of the California Code of Civil Procedure section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Office Lease (Healthetech Inc)

Division of Condemnation Award. Any award made as a result of any Condemnation ------------------------------ condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s 's business or its moving costs; , (iii) for loss of Tenant’s 's goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each party Article, and each xxxxx hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease (Sirf Technology Inc)

Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s business or and its moving costs; , (iii) for loss of Tenant’s goodwill; or and (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (American Science & Engineering Inc)

Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s business or and its moving moving/relocation costs; , (iii) for loss of Tenant’s goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease (Intevac Inc)

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Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or Premises, the Common Area or any other portion of the Project shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following so long as the award made to Landlord is not thereby reduced: (ia) for the taking of personal property or Trade Fixtures belonging to Tenant; ; or (iib) for the interruption of Tenant’s business or its moving costs; (iii) for loss of Tenant’s goodwill; or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Jive Software, Inc.)

Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s business or its moving costs; , (iii) for loss of Tenant’s goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Nassda Corp)

Division of Condemnation Award. Any award made as a result of any Condemnation condemnation of the Leased Premises or the Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation award made directly to Tenant: make a direct claim against the condemning authority for the following: (i) for the taking of personal property or Trade Fixtures belonging to Tenant; , (ii) for the interruption of Tenant’s 's business or its moving costs; , (iii) for loss of Tenant’s 's goodwill; or or (iv) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of California Code of Civil Procedure section Section 1265.130 and the provisions of any similar law hereinafter enacted allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Lease Addendum (Adac Laboratories)

Division of Condemnation Award. Any award made as a result of for any Condemnation condemnation of the Leased Property or Premises or Common Area shall belong to and be paid to Landlord, and Tenant hereby assigns to Landlord all of its right, title and interest in any such award; provided, however, that Tenant shall be entitled to receive any Condemnation condemnation award that is made directly to Tenant: Tenant (ia) for the taking of personal property or Trade Fixtures trade fixtures belonging to Tenant; ; (iib) for the interruption of Tenant’s 's business or its moving costs; ; (iiic) for the loss of Tenant’s 's goodwill; or or (ivd) for any temporary taking where this Lease is not terminated as a result of such taking. The rights of Landlord and Tenant regarding any Condemnation condemnation shall be determined as provided in this article. Each Article, and each party hereby waives the provisions of Section 1265.130 of the California Code of Civil Procedure section 1265.130 Procedure, and the provisions of any similar law hereinafter enacted enacted, allowing either party to petition the Superior Court to terminate this Lease in the event of a partial taking of the Leased Premises.

Appears in 1 contract

Samples: Office Lease (Abovenet Communications Inc)

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