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 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 recover out of any condemnation award made for a taking of all or part of the Premises an amount equal to the unamortized cost of all interior improvements paid for by Tenant constructed pursuant to the Interior Improvement Agreement and all

Appears in 2 contracts

Samples: Lease (United Defense Lp), Lease (United Defense Lp)

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Division of Condemnation Award. Any award made as a result of any condemnation of the 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 recover out of receive any condemnation award that is made directly to Tenant for a the following: (i) for the taking of all personal property or part Trade Fixtures belonging to Tenant, (ii) for the interruption of the Premises an amount equal to the unamortized cost of all interior improvements paid for by Tenant constructed pursuant to the Interior Improvement Agreement and allTenant’s business or its moving costs,

Appears in 1 contract

Samples: Lease Agreement (Concentric Medical Inc)

Division of Condemnation Award. Any award made as a result of any condemnation of the 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 recover out of receive any condemnation award that is made for a taking of all or part of the Premises an amount equal to the unamortized cost of all interior improvements paid for by Tenant constructed pursuant to the Interior Improvement Agreement and alldirectly to

Appears in 1 contract

Samples: Lease (Caliper Technologies Corp)

Division of Condemnation Award. Any award made as a result of any condemnation of the Leased Premises or the any 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 recover out of receive any condemnation Condemnation award that is made directly to Tenant (a) for a the taking of all personal property or part Trade Fixtures belonging to Tenant or (b) for the interruption of the Premises an amount equal to the unamortized cost of all interior improvements paid Tenant’s business or for by Tenant constructed pursuant to the Interior Improvement Agreement and allits moving costs.

Appears in 1 contract

Samples: Lease Agreement (Spectrum Pharmaceuticals Inc)

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Division of Condemnation Award. Any award made as a result of any condemnation of the 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 recover out of any condemnation award made for a taking of all or part of the Premises an amount equal to the unamortized cost of all interior improvements paid for by Tenant constructed pursuant to the Interior Improvement Agreement and all,

Appears in 1 contract

Samples: Lease Agreement (Genesis Microchip Inc /De)

Division of Condemnation Award. Any award made as a result of any condemnation of the 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 recover out of receive any condemnation award that is made directly to Tenant for a the following so long as the award made to Landlord is not thereby reduced: (i) for the taking of all personal property or part of the Premises an amount equal Trade Fixtures belonging to the unamortized cost of all interior improvements paid for by Tenant constructed pursuant to the Interior Improvement Agreement and allTenant,

Appears in 1 contract

Samples: Lease Agreement (IDEAYA Biosciences, Inc.)

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