Common use of Ownership of Multiple Assets Clause in Contracts

Ownership of Multiple Assets. The proceeds of any event constituting or giving rise to a Change of Ownership shall be apportioned to this Lease or a Major Sublease, whichever is appropriate, and to any other assets transferred in the same transaction in proportion to the relative fair market values of the respective assets transferred. The Net Proceeds Share shall be calculated only by reference to the amount of such proceeds apportioned to this Lease, a Major Sublease or the beneficial interests therein, whichever is appropriate.

Appears in 1 contract

Samples: Lease Agreement

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Ownership of Multiple Assets. The proceeds of any event constituting or giving rise to a Change of Ownership shall be apportioned to this Lease Agreement or a Major Sublease, whichever is appropriate, and to any other assets transferred in the same transaction in proportion to the relative fair market values of the respective assets transferred. The Net Proceeds Share shall be calculated only by reference to the amount of such proceeds apportioned to this LeaseAgreement, a Major Sublease or the beneficial interests therein, whichever is appropriate.

Appears in 1 contract

Samples: Concession Agreement (California Beach Restaurants Inc)

Ownership of Multiple Assets. The proceeds of any event constituting or giving rise to a Change of Ownership shall be apportioned to this Lease Contract or a Major Sublease, whichever is appropriate, and to any other assets transferred in the same transaction in proportion to the relative fair market values of the respective assets transferred. The Net Proceeds Share shall be calculated only by reference to the amount of such proceeds apportioned to this LeaseContract, a Major Sublease or the beneficial interests therein, whichever is appropriate.

Appears in 1 contract

Samples: Concession Contract

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Ownership of Multiple Assets. The proceeds of any event constituting or giving rise to a Change of Ownership shall be apportioned to this Lease Agreement or a Major Sublease, whichever is appropriate, and to any other assets transferred in the same transaction in proportion to the relative fair market values of the respective assets transferred. The Net Proceeds Share shall be calculated only by reference to the amount of such proceeds apportioned to this LeaseAgreement, a Major Sublease or the beneficial interests therein, whichever is appropriate.appropriate.[strike through end]

Appears in 1 contract

Samples: Concession Agreement (California Beach Restaurants Inc)

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