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

Landlord’s and Tenant’s Damages. All damages awarded for any taking under the power of eminent domain, whether for the whole or a part of the Premises or the Building, shall belong to and be the property of Landlord. However, Landlord shall not be entitled to any separate award to Tenant made for any diminution in value of the leasehold, or for relocation expenses and/or for depreciation to, and cost of removal of, Tenant's merchandise and fixtures.

Appears in 1 contract

Samples: Access Integrated Technologies Inc

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Landlord’s and Tenant’s Damages. All damages awarded for any such taking under the power of eminent domain, whether for the whole or a part of the Premises or the Buildingleased premises, shall belong to and be the property of Landlord. HoweverLandlord whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee of the premises; provided, however, that Landlord shall not be entitled to any separate the award made to Tenant made for any diminution in value loss of the leaseholdbusiness, or for relocation expenses and/or for depreciation to, and cost of removal of, Tenant's merchandise of stock and fixtures.

Appears in 1 contract

Samples: Lease Agreement (Singing Machine Co Inc)

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

Appears in 1 contract

Samples: Lease Agreement (Webb Mortgage Depot Inc)

Landlord’s and Tenant’s Damages. All damages awarded for any such taking under the power of eminent domain, whether for the whole or a part of the Premises or the BuildingDemised Premises, shall belong to and be the property of Landlord. HoweverLandlord 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 any separate the award to Tenant made for any diminution in value of the leasehold, or for relocation expenses and/or for depreciation to, and cost of removal of, Tenant's merchandise ’s stock and fixtures, business interruption losses and relocation expenses.

Appears in 1 contract

Samples: Subordination, Nondisturbance and Attornment Agreement (NightHawk Radiology Holdings Inc)

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

Appears in 1 contract

Samples: Leasing Agreement (Quikbiz Internet Group Inc)

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