Separate Awards Sample Clauses

Separate Awards. The parties agree to cooperate to encourage the condemning authority to make separate awards to Landlord and Tenant.
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Separate Awards. Landlord and Tenant shall each be entitled to receive and retain such separate awards and portions of lump sum awards as may be allocated to their respective interests in any condemnation proceedings. If there is any lump sum award as to which there is no allocation between the interests of Landlord and Tenant in any condemnation proceedings, then Landlord shall be entitled to receive the entire lump sum award. Termination of this Lease shall not affect the rights of the respective parties to such awards.
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Separate Awards. Landlord and Tenant each covenant and agree to seek separate Awards in all condemnation proceedings and to use their respective best efforts to see that such separate Awards are made at all stages of the condemnation proceedings. If any order or decree in any condemnation or similar proceeding shall fail to separately state the amount to be awarded to Tenant and/or Landlord, by way of compensation, damages, rent, the cost of demolition, removal or restoration, or otherwise, and if Landlord and Tenant cannot agree thereon within 30 days after the final Award or Awards shall have been fixed and determined, such dispute shall be resolved by arbitration. In determining the amounts to be made to Landlord and Tenant under the provisions of this Section 10, to the extent relevant, due regard shall be given to the rights and benefits which each party is entitled to receive under the provisions of this Lease.
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Separate Awards. Landlord and Tenant shall each seek separate awards in all such condemnation proceedings, and each agrees to use its best efforts to see that such separate awards are made at all stages of all such proceedings.
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Separate Awards. If, during the Lease Term, the Demised Premises, or any portion thereof, is condemned or taken by any governmental authority, or by any corporation or other entity having the power of eminent domain, Landlord and Tenant agree to request the courts in such condemnation proceeding to make separate awards to Landlord and Tenant as to their respective interests in the Demised Premises. If for any reason the court is unwilling or unable to make separate awards, Landlord and Tenant agree that the one award shall be equitably apportioned between them, as hereinafter set forth, to reflect their respective interests in the Demised Premises.
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Separate Awards. Subject to Court approval, Xxxxxx-Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx shall each receive, and Burlington shall not oppose, Separate Awards of $10,000.00 each in recognition of their effort and work in prosecuting the Lawsuit on behalf of the Potential Collective Members. The Separate Awards shall be allocated 100% as non-wage income, for which a Form 1099 shall be issued to Xxxxxx-Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx. Xxxxxx- Xxxxxxxxx, Xxxxxxx, and Xxxxxxxx shall be solely responsible for any and all tax liabilities, including any penalties and interest, arising from the Separate Awards. Should the Court award a lesser sum or nothing, the residual shall be included in the Net Settlement Amount. The Settlement Administrator will pay the Separate Awards within 30 days of the Court’s approval of the Separate Awards and the Effective Date, whichever is later.
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Separate Awards. The court in such condemnation proceeding shall, if not prohibited by law, be requested to make separate awards to Sublessor and Sublessee, and Sublessor and Sublessee agree to request such action by the court. This Paragraph 16 of this Sublease shall be construed as superseding and being hereby substituted for any statutory provisions now in force or hereafter enacted concerning condemnation proceedings to the extent permitted by law.
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Separate Awards. In the event of any taking or condemnation by any competent authority for any public or quasi-public use or purpose (a “Condemnation”) of any interest in the Leased Premises, then the court in such condemnation proceedings shall, if not prohibited by law, be requested to make separate awards to Landlord and Tenant, so that: (i) Landlord receives the award for its fee simple interest in and to the Leased Premises and Landlord's interest in this Ground Lease (including, without limitation, a fair market rent component of the leasehold estate and reversionary interest in the Improvements), subject to the leasehold estate of Tenant therein; and (ii) Tenant receives the award for the leasehold estate and its ownership in fee simple of the Improvements (subject to the reversionary interest of Landlord upon the expiration of the Lease Term). If such court is prohibited by law from making separate awards to Landlord and Tenant, or declines to do so, then the award in such condemnation proceedings shall be divided between Landlord and Tenant so that each receives the amount it would have received if separate awards had been made pursuant to Section 8.4(a).
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Related to Separate Awards

  • Service Awards The County shall continue its present policy with respect to service awards including time off; provided, however, that the type of award given shall be at the sole discretion of the County. The following procedures shall apply with respect to service awards:

  • Awards 1. The disputing parties may agree on a resolution of the dispute at any time before the tribunal issues its final award. 2. Where a tribunal makes a final award against either of the disputing parties, the tribunal may award, separately or in combination, only: (a) monetary damages and any applicable interest; and (b) restitution of property, in which case the award shall provide that the disputing Member State may pay monetary damages and any applicable interest in lieu of restitution. 3. A tribunal may also award costs and attorneys fees in accordance with this Agreement and the applicable arbitration rules. 4. A tribunal may not award punitive damages. 5. An award made by a tribunal shall have no binding force except between the disputing parties and in respect of the particular case. 6. Subject to paragraph 7 and the applicable review procedure for an interim award, the disputing party shall abide by and comply with an award without delay. (15) 7. The disputing party may not seek enforcement of a final award until: (a) in the case of a final award under the ICSID Convention: (i) 120 days has elapsed from the date the award was rendered and no disputing party has requested revision or annulment of the award; or (ii) revision or annulment proceedings have been completed; (b) in the case of a final award under the ICSID Additional Facility Rules, the UNCITRAL Arbitration Rules, or the rules selected pursuant to Article 33(1)(e): (i) 90 days have elapsed from the date the award was rendered and no disputing party has commenced a proceeding to revise, set aside, or annul the award; or (ii) a court has dismissed or allowed an application to revise, set aside, or annul the award and there is no further appeal. 8. A claim that is submitted for arbitration under this Section shall be considered to arise out of a commercial relationship or transaction for purposes of Article 1 of the New York Convention. 9. Each Member State shall provide for the enforcement of an award in its territory.

  • Other Awards The grant of an Award shall not confer upon the Holder the right to receive any future or other Awards under the Plan, whether or not Awards may be granted to similarly situated Holders, or the right to receive future Awards upon the same terms or conditions as previously granted.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Company Stock Options (a) At the Effective Time, Parent shall assume, by virtue of this Agreement and without any further action on the part of the Company, all of the Company's obligations with respect to each outstanding Company Stock Option, whether vested or unvested. Unless otherwise elected by Parent prior to the Effective Time, Parent shall make such assumption in such manner that Parent (i) is a corporation "assuming a stock option in a transaction to which Section 424(a) applies" within the meaning of Section 424 of the Code or (ii) to the extent that Section 424 of the Code does not apply to such Company Stock Option, would be such a corporation were Section 424 of the Code applicable to such Company Stock Option; and, if not so otherwise elected, after the Effective Time, all references to the Company in the Company Stock Plans and the applicable Company Stock Option agreements shall be deemed to refer to Parent, which shall have assumed the Company Stock Plans as of the Effective Time by virtue of this Agreement and without any further action on the part of the Company or Parent. Each Company Stock Option so assumed by Parent under this Agreement shall continue to have, and be subject to, the same terms and conditions set forth in the applicable Company Stock Plan and the applicable Company Stock Option as in effect immediately prior to the Effective Time, except as otherwise provided in Section 3.05. Parent shall use all reasonable efforts to ensure that Company Stock Options intended to qualify as incentive stock options under Section 422 of the Code prior to the Effective Time continue to so qualify after the Effective Time. (b) With respect to the Company Stock Plans, Parent shall take all corporate action necessary or appropriate to, as soon as practicable after the Effective Time, file a registration statement on Form S-8 (or any successor or other appropriate form) with respect to the shares of Parent Common Stock subject to such plan to the extent such registration statement is required under applicable law in order for such shares of Parent Common Stock to be sold without restriction, and Parent shall use its best efforts to maintain the effectiveness of such registration statements (and maintain the current status of the prospectuses contained therein) for so long as such benefits and grants remain payable and such options under such plans remain outstanding.

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • No Equity Awards Except for grants pursuant to equity incentive plans disclosed in the Registration Statement and the Prospectus, the Company has not granted to any person or entity, a compensatory stock option or other compensatory equity-based award to purchase or receive common stock of the Company or OP Units of the Operating Partnership pursuant to an equity-based compensation plan or otherwise.

  • Stock Awards “Stock Awards” means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

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