Common use of Temporary Possession Clause in Contracts

Temporary Possession. If any right of temporary possession or occupancy of all or any portion of the Leased Premises shall be obtained by any competent authority in the exercise of the power of eminent domain, the foregoing provisions of this Article shall be inapplicable thereto and this Lease shall continue in full force and effect without reduction or suspension of minimum rent and additional rent and Lessee shall be entitled to make claim for and recover any award or awards, whether in the form of rental or otherwise, recoverable in respect of such possession or occupancy. The award shall be paid to Lessor and applied against the Rental payable by Lessee under this Lease, as the same becomes due, with any surplus to be paid to Lessee; provided that if any portion of the award is intended to cover the cost of restoring the Leased Premises to the condition they were in prior to such temporary possession or occupancy or to make any repairs occasioned by or resulting from such possession or occupancy, such portion shall be so applied.

Temporary Possession. If any right of temporary possession or occupancy of all or any portion of the Leased Premises shall be obtained by any competent authority in the exercise of the power of eminent domain, the foregoing provisions of this Article shall be inapplicable thereto and this Lease shall continue in full force and effect without reduction or suspension of minimum rent Monthly Rent and additional rent and Lessee shall be entitled to make claim for and recover any award or awards, whether in the form of rental or otherwise, recoverable in respect of such possession or occupancy. The award shall be paid to Lessor and applied against the Rental Monthly Rent payable by Lessee under this Lease, as the same becomes due, with any surplus to be paid to Lessee; provided that if any portion of the award is intended to cover the cost of restoring the Leased Premises to the condition they were in prior to such temporary possession or occupancy or to make any repairs occasioned by or resulting from such possession or occupancy, such portion shall be so applied.

Temporary Possession. If any right of temporary possession or occupancy of all or any portion of the Leased Premises shall be obtained by any competent authority in the exercise of the power of eminent domain, the foregoing provisions of this Article shall be inapplicable thereto and this Lease shall continue in full force and effect without reduction or suspension of minimum rent and additional rent and Lessee shall be entitled to make claim for and recover any award or awards, whether in the form of or rental or otherwise, recoverable in respect of such possession or occupancy. The award shall be paid to Lessor and applied against the Rental payable by Lessee under this Lease, as the same becomes due, with any surplus to be paid to Lessee; provided that if any portion of the award is intended to cover the cost of restoring the Leased Premises to the condition they were in prior to such temporary possession or occupancy or to make any repairs occasioned by or resulting from such possession or occupancy, such portion shall be so applied.