Taking Award Sample Clauses

Taking Award. Except as otherwise provided in Section 8.7, the Landlord shall have and hereby reserves and accepts, and the Tenant hereby grants and assigns to the Landlord, all rights to recover for damages to the Building and the Land, and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of such taking, damage or destruction, as aforesaid, and by way of confirming the foregoing, the Tenant hereby grants and assigns to the Landlord, all rights to such damages or compensation. Nothing contained herein shall be construed to prevent the Tenant from prosecuting in any condemnation proceedings a claim for relocation expenses, provided that such action shall not affect the amount of compensation otherwise recoverable by the Landlord from the taking authority pursuant to the preceding sentence.

Taking Award. Except as otherwise provided in this Section 8.6, the Landlord shall have and hereby reserves and excepts, and the Tenant hereby grants and assigns to the Landlord, all rights to recover for any damages to the Premises and/or any other part of the Property, and the leasehold interest hereby created, and to compensation accrued or hereafter to accrue by reason of any such taking, as aforesaid, and by way of confirming the foregoing, subject to this Section 8.6, the Tenant hereby grants and assigns to the Landlord, all rights to such damages or compensation. Nothing contained herein shall be construed to prevent the Tenant from prosecuting in any condemnation proceedings a claim for relocation expenses, trade fixtures, equipment and other personal property of the Tenant that is part of a separate award to the Tenant and which does not diminish the award payable to the Landlord as a result of the taking.

Taking Award. The parties are entitled to the following portions of any award or settlement in lieu thereof payable on account of a Taking: (a) City shall be entitled to all amounts attributable to the value of the City Conveyed Land; and (b) PWRF shall be entitled to receive all amounts attributable (i) to the value of the Improvements,

Taking Award. 30 9. Default........................................................... 30 9.1

Taking Award. Out of any award for any taking of the Premises (including, without limitation, any taking of Tenant’s leasehold interest as aforesaid), in condemnation proceedings or by right of eminent domain, Landlord shall be entitled to receive and retain the amounts awarded for such Premises and for Landlord’s business loss. Tenant shall be entitled to receive and retain only such amounts as may be specifically awarded to it in any such condemnation proceedings, because of moving expenses and/or the taking of Tenant’s Property to the extent Landlord’s award is not thereby reduced and Tenant is not otherwise reimbursed for the same by Landlord.

Taking Award. 39 9. Default............................................................... 39 9.1 Tenant's Default................................................ 39 9.2 Damages......................................................... 41 9.3

Taking Award. If any Taking occurs, then Landlord shall receive the entire award or other compensation for the Land, the Building, and other improvements taken; however, Tenant may separately pursue a claim (to the extent it will not reduce Landlord’s award) against the condemnor for the value of Tenant’s personal property which Tenant is entitled to remove under this Lease, moving costs, loss of business, and other claims it may have.

Taking Award. Within ten (10) days of the effective date of a termination of this Lease or an abatement of Rent under this Article 13, Tenant shall receive a refund from Landlord of all prepaid and unaccrued Rent and other sums paid with respect to the portion of Premises taken. From the award payable on account of the Taking, Tenant shall be entitled to an amount equal to the value of its leasehold interest immediately prior to termination, the value of Tenant's unamortized leasehold improvements made on or after Commencement Date of this Lease, moving expenses, trade fixtures and equipment. Tenant shall make a separate claim for this amount, which Landlord will not duplicate in its claim. Except as expressly provided in this Article 13.5, Tenant shall not be entitled to any award or settlement resulting from a condemnation.

Taking Award. The parties are entitled to the following portions of any award or settlement in lieu thereof payable on account of a Taking: (a) Landlord shall be entitled to all amounts attributable to the value of the Land; and (b) Tenant shall be entitled to receive all amounts attributable (i) to the value of the Improvements, (ii) the Museum Property; and (iii) Tenant’s relocation expenses.

Taking Award. Out of any award for any taking of the Premises (including, without limitation, any taking of Tenant’s leasehold interest as aforesaid), in condemnation proceedings or by right of eminent domain, Landlord shall be entitled to receive and retain the amounts awarded for such Premises and for Landlord’s business loss. Tenant shall be entitled to receive and retain only such amounts as may be specifically awarded to it in any such condemnation proceedings, because of moving expenses and/or the taking of its fixtures or furniture and its leasehold improvements to the extent Landlord’s award is not thereby reduced and Tenant is not otherwise reimbursed for the same by Landlord.