RESERVATION OF AWARD Sample Clauses

RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises, Building or Lot and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request, hereby irrevocably designating and appointing Landlord as its attorney-in-fact to execute and deliver in Tenant's name and behalf all such further assignments thereof. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (i) movable trade fixtures installed by Tenant or anybody claiming under Tenant, at its own expense, or (ii) relocation expenses recoverable by Tenant from such authority in a separate action.
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RESERVATION OF AWARD. Any and all rights to receive awards made for -------------------- damages to the Premises and the leasehold hereby created accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority, are reserved to Sublandlord and Headlandlord. Subtenant hereby releases and assigns to Sublandlord and Headlandlord all Subtenant's rights to such award and covenants to deliver such further assignments and assurances thereof as Sublandlord or Headlandlord may from time to time request.
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises or Lot and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (i) movable trade fixtures installed by Tenant or anybody claiming under Tenant, at its own expense, or (ii) relocation expenses recoverable by Tenant from such authority in a separate action, or (iii) the value of Tenant's improvements installed in the Premises by or on behalf of Tenant, but not by Landlord.
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damage to the demised premises, Building or Lot and the leasehold hereby created, or any one or more of them, accruing by reason of any exercise of the right of eminent domain or by reason of anything done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all of Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (1) movable equipment installed by Tenant or anybody claiming under Tenant at its own expense or (ii) relocation expenses, but in each case only if and to the extent that such damages are recoverable by Tenant from such authority in a separate action and without reducing Landlord's award of damages.
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises and the leasehold hereby created, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. and hereby irrevocably designates and appoints Landlord its attorney- in-fact to execute and deliver in Tenant's name and behalf all such further assignments thereof. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (i) trade fixtures installed by Tenant or anybody claiming under Tenant, at its own expense or (ii) relocation expenses recoverable by Tenant from such authority in a separate action.
RESERVATION OF AWARD. 19 ARTICLE VIII -
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises and Building and Lot and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other lawful authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request hereby. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (i) movable trade fixtures installed by Tenant or anybody claiming under Tenant at its own expense or fixtures or items the removal of which is required or permitted by any agreement given pursuant to Section 3.1. or 3.3, or (ii) relocation expenses recoverable by Tenant from such authority in a separate action.
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RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises or Lot and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for (i) movable trade fixtures installed by Tenant or anybody claiming under Tenant, at its own expense, or (ii) relocation expenses recoverable by Tenant from such authority in a separate action, or (iii) the value of Tenant's improvements installed in the Premises by or on behalf of Tenant, but not by Landlord provided, however, if damages payable for (i) and (ii) above are not awarded by such authority in a separate action, then Tenant shall only be entitled to recover such damages if such authority expressly provides that portion of the awards received allocable to (i) and (ii) above AND if payment to Tenant of such damages does not otherwise reduce or limit Landlord's award hereunder. Notwithstanding the foregoing, Landlord agrees that the award from any such taking shall, during the initial Term, be allocated between Landlord and Tenant as follows: first, to Landlord's mortgagee(s) up to the amount of the mortgage(s) then, to the Tenant an amount equal to the sum of the amounts actually paid by Tenant to Landlord for the Tenant's Work installed hereunder multiplied by a fraction the numerator of which is the number of months remaining in the initial Term and denominator of which is one hundred and eighty (180) plus, the total amount of the Tenant's Contribution to Landlord's Work multiplied by a fraction the numerator of which is the number of months remaining in the initial Term plus (one hundred twenty (120) months less any expired months in any Extended Terms) and denominator of which is three hundred (300); then to Landlord or its mortgagee(s), as their interests may appear, that certain portion of any remaining award. Notwithstanding any language to the contrary, any and all of Landlord's obligations to allocate to Tenant any such portion of the award described in the preceding sentence shall be limited to the extent suc...
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises, Building or the Charxxx Xxxare Site and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by reason of anything lawfully done in pursuance of public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request and hereby irrevocably designates and appoints Landlord as its attorney in fact to execute and deliver in Tenaxx'x xame and behalf all such further assignments thereof. It is agreed and understood, however, that Landxxxx xxxs not reserve to itself, and Tenaxx xxxs not assign to Landlord, any damages payable for (i) trade fixtures, equipment and personal property installed by Tenaxx, xx anybody claiming under Tenant, at the Premises or (ii) relocation or business interruption expenses or damages of a similar nature recoverable by Tenant from such authority in a separate action.
RESERVATION OF AWARD. Landlord reserves to itself any and all rights to receive awards made for damages to the Premises, the Building, the Property and the leasehold hereby created, or any one or more of them, accruing by reason of exercise of eminent domain or by anything lawfully done pursuant to public or other authority. Tenant hereby releases and assigns to Landlord all Tenant's rights to such awards, and covenants to deliver such further assignments and assurances thereof as Landlord may from time to time request. It is agreed and understood, however, that Landlord does not reserve to itself, and Tenant does not assign to Landlord, any damages payable for movable trade fixtures installed by Tenant or anybody claiming under Tenant at its own expense or relocation expenses recoverable by Tenant from such authority in a separate action, provided said award does not diminish Landlord's award in any way.
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