Rent; Award Sample Clauses

Rent; Award. Upon termination of this Lease pursuant to an election under Section 15.4 above, then: (i) Tenant’s obligation to pay Rent shall continue up until the date of termination, and thereafter shall cease, except that Rent shall be reduced as provided in Section
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Rent; Award. Upon termination of this Lease pursuant to an election under Section 15.3 above, then: (i) Tenant's obligation to pay Rent shall continue up until the date of termination, and thereafter shall cease, except that Rent shall be reduced as provided in Section 15.5 below for any period during which this Lease continues in effect after the Date of Taking, and (ii) City shall be entitled to the entire Award in connection therewith (including, but not limited to, any portion of the Award made for the value of the leasehold estate created by this Lease), and Tenant shall have no claim against City for the value of any unexpired term of this Lease, provided that Tenant may make a separate claim for compensation, and Tenant shall receive any Award made specifically to Tenant, for Tenant's relocation expenses or the interruption of or damage to Tenant's business or damage to Tenant's Personal Property.
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Rent; Award. Upon termination of this Lease pursuant to an election under Section 13.4 above, then: (i) County’s obligation to pay Rent shall continue up until the date of termination, and thereafter shall cease, except that Rent shall be reduced as provided in Section 13.6 below for any period during which this Lease continues in effect after the Date of Taking, and (ii) Landlord shall be entitled to the entire Award in connection therewith, except that County shall receive any Award made specifically for County’s relocation expenses, the interruption of or damage to County’s business, County's improvements pertaining to realty or damage to County’s Personal Property as long as the Landlord’s Award is not reduced by the Award to the County.
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Rent; Award. Upon termination of this Lease pursuant to an election under Section 16.4, Landlord shall be entitled to the entire Award in connection therewith (including, but not limited to, any portion of the Award made for the value of the leasehold estate created by this Lease and any Improvements Pertaining to the Realty), and Tenant shall have no claim against Landlord for the value of any unexpired term of this Lease, provided that Tenant shall receive any Award made specifically to Tenant for Tenant’s relocation expenses or the interruption of or damage to Tenant’s business or damage to Tenant’s Personal Property.
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Rent; Award. Upon termination of this Lease pursuant to an election under Section 12.4 above, then: (i) Tenant’s obligation to pay Rent shall continue up until the date of termination, and thereafter shall cease, except that Base Rent shall be reduced as provided in Section 12.5 for any period during which this Lease continues in effect after the Date of Taking; and (ii) Landlord shall be entitled to the entire Award in connection therewith, except that Tenant shall receive any Award made specifically for Tenant’s relocation expenses, the interruption of or damage to Tenant’s business or damage to Tenant’s Personal Property, and/or for loss of goodwill.
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Rent; Award. Upon termination of this Lease pursuant to an election under Section 16.4, Landlord shall be entitled to the entire Award in connection therewith (including, but not limited to, any portion of the Award made for the value of the leasehold estate created by this Lease and any Improvements Pertaining to the Realty), and Tenant shall have no claim against Landlord for the value of any unexpired term of this Lease, provided that (i) Mortgagee shall be entitled to a portion of the amount, as agreed to by Landlord and Mortgagee or as determined by the applicable court, but not more than the existing debt secured by the Mortgage, and (ii) Tenant shall receive any Award made specifically to Tenant for Tenant’s relocation expenses or the interruption of or damage to Tenant’s business or damage to Tenant’s Personal Property.
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Related to Rent; Award

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

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