Common use of Payment of Award Clause in Contracts

Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's trade fixtures installed in the Premises by Tenant at Tenant's expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx from the taking authority.

Appears in 3 contracts

Samples: Commercial Lease (IntraLinks Holdings, Inc.), Commercial Lease (IntraLinks Holdings, Inc.), Commercial Lease (Puma Technology Inc)

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Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant entirely at Tenant's ’s expense and for relocation expenses, ; provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 2 contracts

Samples: Lease Agreement (LogMeIn, Inc.), Lease Agreement (LogMeIn, Inc.)

Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant at Tenant's ’s expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx from the taking authority.

Appears in 2 contracts

Samples: Lease Agreement (Icad Inc), Commercial Lease Agreement

Payment of Award. The Landlord shall have and hereby reserves and exceptsaccepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant at Tenant's expense and ’s expense, for relocation expenses, Txxxxx’s Alterations, and for Txxxxx’s leasehold interest hereby created, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Office Lease Agreement (Mannkind Corp)

Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant entirely at Tenant's ’s expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Lease (Management Network Group Inc)

Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant at Tenant's ’s expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Lease (Metabolix, Inc.)

Payment of Award. The Landlord shall have and hereby reserves and exceptsaccepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's ’s trade fixtures installed in the Premises by Tenant at Tenant's expense and ’s expense, for relocation expenses, Tenant’s Alterations, and for Tenant’s leasehold interest hereby created, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Office Lease Agreement (Valeritas Holdings Inc.)

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Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's tenant improvements or trade fixtures installed in the Premises by Tenant at Tenant's expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Lease (CMG Information Services Inc)

Payment of Award. The Landlord shall have and hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's trade fixtures installed in the Premises by Tenant at Tenant's expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx from the taking authority.

Appears in 1 contract

Samples: Lease (Genuity Inc)

Payment of Award. The Landlord shall have and and. hereby reserves and excepts, and Tenant hereby grants and assigns to Landlord, all rights to recover for damages to the Building and the Lot and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking or damage, as aforesaid. The Tenant covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. Nothing contained herein shall be construed to prevent Xxxxxx Tenant from prosecuting in any condemnation proceedings a claim for the value of any of Tenant's trade fixtures installed in the Premises by Tenant at Tenant's expense and for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable hereunder by Xxxxxxxx Landlord from the taking authority.

Appears in 1 contract

Samples: Lease (Datawatch Corp)

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