EMINENT DOMAIN AWARD. The net proceeds of any eminent domain action relating to the Project and/or the Site shall be payable to the District. The term “net proceeds” as used herein shall mean the amount of the Eminent Domain Award less payments made to Lessor under this Facilities Lease, except as provided in section 6.1.
Appears in 3 contracts
Samples: Lease Leaseback Agreement, Lease Leaseback Agreement, Lease Leaseback Agreement
EMINENT DOMAIN AWARD. The net proceeds of any eminent domain action relating to the Project and/or the Site shall be payable to the District. The term “net proceeds” as used herein shall mean the amount of the Eminent Domain Award less payments made to Lessor under this Facilities Lease, except as provided in section 6.1.
Appears in 1 contract
Samples: Facilities Lease
