Common use of Landlord's and Tenant's Damages Clause in Contracts

Landlord's and Tenant's Damages. All damages awarded for such taking under the power of eminent domain, whether for the whole or a part of the Demised Premises, shall belong to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for the Building; provided, however, that Landlord shall not be entitled to the award made for depreciation to, and cost of removal of, Tenant’s stock and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Lease (NightHawk Radiology Holdings Inc)

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Landlord's and Tenant's Damages. All damages awarded for such taking under the power of eminent domain, whether for the whole or a part of the Demised Premisesleased premises, shall belong to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for of the Buildingpremises; provided, however, that Landlord shall not be entitled to the award made to Tenant for loss of business, depreciation to, and cost of removal of, Tenant’s of stock and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Lease Agreement (Singing Machine Co Inc)

Landlord's and Tenant's Damages. All damages awarded for such taking under the power of eminent domain, whether for the whole or a part of the Demised Premises, shall belong to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for of the BuildingPremises; provided, however, that Landlord shall not be entitled to the award made for depreciation to, and cost of removal of, of Tenant’s 's stock and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Lease Agreement (Webb Mortgage Depot Inc)

Landlord's and Tenant's Damages. All damages awarded for such any taking under the power of eminent domain, whether for the whole or a part of the Demised PremisesPremises or the Building, shall belong to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for the Building; providedLandlord. However, however, that Landlord shall not be entitled to any separate award to Tenant made for any diminution in value of the award made leasehold, or for relocation expenses and/or for depreciation to, and cost of removal of, Tenant’s stock 's merchandise and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Commercial Property Lease (Access Integrated Technologies Inc)

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Landlord's and Tenant's Damages. All damages awarded for such taking under the power of eminent domain, whether for the whole or a part of the Demised Premises, shall belong be long to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for of the Buildingpremises; provided, however, that Landlord shall not be entitled to the award made for depreciation to, and cost of removal of, of Tenant’s 's stock and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Leasing Agreement (Quikbiz Internet Group Inc)

Landlord's and Tenant's Damages. All damages awarded for such taking under the power of eminent domain, whether for the whole or a part of the Demised Leased Premises, shall belong to and be the property of Landlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee for of the Building; Leased Premises, provided, however, that Landlord shall not be entitled to any award properly in respect to the award made for depreciation toTenant's leasehold interest, and or the cost of removal of, or relocation of Tenant’s stock and fixtures, business interruption losses and relocation expenses's property.

Appears in 1 contract

Samples: Lease Agreement (Austins Steaks & Saloon Inc)

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