Taking Awards Sample Clauses

Taking Awards. In the proceeding for any such Taking (or an ------------- involuntary discontinuance of the use of a Segment in anticipation of a Taking), the interests of XXX and SRP in and to the Affected Portion of the Segment shall be severed. Any awards resulting from the proceeding shall be allocated between and payable in accordance with the respective interests of XXX and SRP (both physical and occupational, including any incremental value of the Right of Way by virtue of the installation therein of the System). In addition, each of XXX and SRP shall be entitled to claim and receive the portion of the total award attributable to its interest in the System and may claim damages payable on account of relocation or re-routing expenses relating to the System.
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Taking Awards. In the proceeding for any such Taking (or an involuntary discontinuance of the use of a portion of the Right of Way or PG&E Facilities in anticipation of a Taking), the interests of PG&E and CUSTOMER in and to the Affected Portion shall be severed. Any awards resulting from the proceeding shall be allocated between and payable in accordance with the respective interests of PG&E and CUSTOMER (both physical and occupational, including any incremental value of any property interest by virtue of the installation therein of the System). In addition, PG&E and CUSTOMER shall each be entitled to claim and receive the portion of the total award attributable to its interest in the System and associated construction costs and may claim damages payable on account of relocation or re-routing expenses relating to the System.
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Taking Awards. (a) Except as hereinafter expressly stated in this Section 17.1, Landlord reserves and accepts all rights to awards for damages to the Property and Tenant reserves and shall have all rights to awards, compensation or damages related to Tenant's rights, property and business and the value of the leasehold hereby created and held by Tenant (but only so long as such awards, compensation or damages do not diminish Landlord's recovery), now accrued or hereafter accruing by reason of anything lawfully done in pursuance of any public or other authority.
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Taking Awards. Except with respect to a Total Taking, ------------- Mortgagee may, at its option, apply all
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Taking Awards. Landlord and Tenant shall each be entitled to receive and retain such separate awards and/or portions of lump sum awards as may be allocated to their respective interests in any condemnation proceedings. In the event the condemning authority awards one lump sum to Landlord for any taking, Tenant shall be entitled to a reasonable and equitable portion of such sum for Tenant's loss of leasehold, the value of improvements paid for by Tenant, and removal and relocation of its personal property; Landlord hereby assigns such portion of such sum to Tenant. The termination of this Lease shall not affect the rights of the respective parties to such awards; provided, however, if in the sole judgment of the Tenant it is necessary for the Term to continue notwithstanding any taking or condemnation in order to ensure that Tenant has an enforceable interest in the Premises under the applicable laws of eminent domain, then notwithstanding anything contained herein to the contrary, the Term shall continue at Tenant's sole option but all of Tenant's maintenance, Monthly Rent, Additional Rent, insurance and Tenant's other obligations under this Lease shall axxxx as of the date of such taking or condemnation.
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Taking Awards. In the proceeding for any such Taking (or an ------------- involuntary discontinuance of the use of a portion of the Right of Way in anticipation of a Taking), the interests of PG&E and XXX in and to the Affected Portion shall be severed. Any awards resulting from the proceeding shall be allocated between and payable in accordance with the respective interests of PG&E and XXX (both physical and occupational, including any incremental value of any property interest by virtue of the installation therein of the System). In addition, PG&E and XXX shall each be entitled to claim and receive the portion of the total award attributable to its interest in the System and may claim damages payable on account of relocation or re-routing expenses relating to the System.
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Taking Awards. In the proceeding for any such Taking (or an involuntary discontinuance of the use of a portion of the Right of Way or PG&E Facilities in anticipation of a Taking), the interests of PG&E and IPN in and to the Affected Portion shall be severed. Any awards resulting from the proceeding shall be allocated between and payable in accordance with the respective interests of PG&E and IPN (both physical and occupational, including any incremental value of any property interest by virtue of the installation therein of the System). In addition, PG&E and IPN shall each be entitled to claim and receive the portion of the total award attributable to its interest in the System and associated construction costs and may claim damages payable on account of relocation or re-routing expenses relating to the System.
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Related to Taking Awards

  • Awards (1) The tribunal, in its award, shall set out its findings of law and fact, together with the reasons therefore, and may, at the request of a Contracting Party, award the following forms of relief:

  • Other Equity Awards Except as set forth in Sections 8(c)(ii) and 8(c)(iii), performance share awards and all other equity awards granted to the Executive by the Company which remain outstanding immediately prior to the date of termination of the Executive’s employment, as provided in Section 7(b), shall vest and be settled in accordance with their terms. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(c) except as set forth in Section 12.

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • 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.

  • Option Awards The Company represents and warrants to the Executive that all shares issued pursuant to any equity award granted to the Executive by the Company, upon issuance to the Executive, will be duly authorized, fully paid and non-assessable. A sufficient number of shares for each such equity award will be properly reserved.

  • Treatment of Equity Awards Upon a Change of Control, all equity awards with time-based vesting shall immediately fully vest and become non-forfeitable and each equity award which has been granted (or any other equity award which would otherwise have been granted to the Executive during the applicable performance period/calendar year in the ordinary course) with performance vesting shall vest at an amount based upon and to the extent of the Employers’ achievement of performance goals during the performance period under each such equity award through the end of the calendar month immediately preceding the Change in Control.

  • 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.

  • Condemnation Awards All awards or payments, including interest thereon, which may heretofore and hereafter be made with respect to the Property, whether from the exercise of the right of eminent domain (including but not limited to any transfer made in lieu of or in anticipation of the exercise of the right), or for a change of grade, or for any other injury to or decrease in the value of the Property;

  • Company Equity Awards With respect to any stock options, restricted stock or other equity awards (the “Equity Awards”) granted pursuant to any compensation plan of the Company or its Subsidiaries providing for the issuance of Equity Awards (the “Company Plans”), (A) each grant of an Equity Award was duly authorized no later than the date on which the grant of such Equity Award was by its terms to be effective by all necessary corporate action, and (B) each such grant was made in accordance with the terms of the Company Plans and all other applicable laws and regulatory rules or requirements.

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