Common use of Interests of Parties on Condemnation Clause in Contracts

Interests of Parties on Condemnation. If the Premises or any part thereof shall be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain or shall be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord and Tenant in the award or consideration for such transfer, and the allocation of the award and the other effect of the taking or transfer upon this Lease, shall be as provided in this Article 9.

Appears in 3 contracts

Samples: Sub Lease, Sublease, Sublease

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Interests of Parties on Condemnation. If In the event the Premises or any part thereof shall be taken for public purpose purposes by condemnation as a result of any action or proceeding in eminent domain or shall be transferred in lieu of condemnation to by any authority entitled to exercise the power of eminent domainother than by Lessor, its successors, or assigns, the interests of Landlord Lessor and Tenant Lessee in the award or consideration for such transfer, transfer and the allocation of the award and the other effect of the taking or transfer upon this Lease, Lease shall be as provided in by this Article 9.

Appears in 2 contracts

Samples: Ground Lease, Ground Lease

Interests of Parties on Condemnation. If the Ground Leased Premises or any part thereof shall be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain domain, or shall be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord and Tenant in the award or consideration for such transfer, and the allocation of the award and the other effect of the taking or transfer upon this Lease, shall be as provided in by this Article 9.

Appears in 2 contracts

Samples: Restructuring Agreement, Restructuring Agreement (Health Management Associates Inc)

Interests of Parties on Condemnation. If the Premises or any part thereof shall be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain or shall be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord and Tenant in the award or consideration for such transfer, and the allocation of the award and the other effect of the taking or transfer upon this LeaseSecondary Sublease, shall be as provided in this Article 9.

Appears in 2 contracts

Samples: Secondary Sublease, Secondary Sublease

Interests of Parties on Condemnation. If the Premises Land or any part thereof shall will be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain domain, or shall will be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord Owner, Tenant and Tenant any Recognized Interest Holder in the award or consideration for such the transfer, and the allocation of the award and the other effect of the taking or transfer upon this Lease, shall will be as provided in by this Article 910.

Appears in 1 contract

Samples: Ground Lease

Interests of Parties on Condemnation. If the Ground Leased Premises or any part thereof shall be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain domain, or shall be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord Lessor and Tenant Lessee in the award or consideration for such transfer, and the allocation of the award and the other effect of the taking or transfer upon this Lease, shall be as provided in by this Article 9.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Windrose Medical Properties Trust)

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Interests of Parties on Condemnation. If the Premises or any part thereof shall be is taken for public purpose by condemnation as a result of any action or proceeding in eminent domain domain, or shall be is transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord and Tenant in the award or consideration for such transfertransfer (the “Compensation”), and the allocation of the award Compensation and the other effect effects of the taking or transfer upon this Lease, shall be as provided in by this Article 9Article.

Appears in 1 contract

Samples: Ground Lease Agreement (Blackhawk Biofuels, LLC)

Interests of Parties on Condemnation. If the Ground Leased Premises or any part thereof shall be taken for public purpose by condemnation as a result of any action or proceeding in eminent domain domain, or shall be transferred in lieu of condemnation to any authority entitled to exercise the power of eminent domain, the interests of Landlord and Tenant in the award or consideration for such transfer, and the allocation of the award and the other effect of the taking or transfer upon this Lease, shall be as provided in by this Article 99 and subject to the terms of any Leasehold Mortgage.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Physicians Realty Trust)

Interests of Parties on Condemnation. If In the event the Premises or any part thereof shall be taken for public purpose purposes by condemnation as a result of any action or proceeding in eminent domain or shall be transferred in lieu of condemnation to by any authority entitled to exercise the power of eminent domainother than by Xxxxxxxx, its successors, or assigns, the interests of Landlord and Tenant Xxxxxx in the award or consideration for such transfer, transfer and the allocation of the award and the other effect of the taking or transfer upon this Lease, Lease shall be as provided in by this Article 9.

Appears in 1 contract

Samples: Ground Lease Agreement

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