Condemnation Awards means any and all judgments, awards of damages (including severance and consequential damages), payments, proceeds, settlements, amounts paid for a taking in lieu of Condemnation, or other compensation heretofore or hereafter made, including interest thereon, and the right to receive the same, as a result of, or in connection with, any Condemnation or threatened Condemnation.
Condemnation Awards means all compensation, awards, damages, rights of action and proceeds awarded to the Borrower by reason of a Taking.
Condemnation Awards is defined in Section 2.1(viii).
Examples of Condemnation Awards in a sentence
The provisions contained in this Article XX shall survive the expiration or earlier termination of this Agreement, but only insofar as such provisions relate to any Condemnation Action or Condemnation Awards that arose prior to the expiration or earlier termination of this Agreement.
All Condemnation Awards payable as a result of or in connection with any taking of less than the whole or less than Substantially All of the Complex Site shall be paid and distributed in accordance with the provisions of this Section 20.2. Notwithstanding the division of the Condemnation Award by a court or condemning authority in a Condemnation Action, Owner shall be entitled to the entire proceeds of the Condemnation Award (subject to the rights of any Mortgagees).
More Definitions of Condemnation Awards
Condemnation Awards means any and all proceeds (including, without limitation, proceeds in the form of promissory notes or other agreements for the payment of proceeds) from (a) the taking by eminent domain, condemnation or otherwise, or acquisition pursuant to contract, of any property of any Grantor by the United States of America, the State of Florida or any political subdivision thereof, or any agency, department, bureau, board, commission or instrumentality of any of them, including, without limitation, any awards and/or other compensation awarded to any Grantor whether as a result of litigation, arbitration, settlement or otherwise, or (b) any sale by any Grantor of a water and utility system to a Person, whether now owned or hereafter created or acquired.
Condemnation Awards shall have the meaning ascribed to it in Section 9(b).
Condemnation Awards any and all proceeds (includ- ing proceeds in the form of promissory notes or other agreements for the payment of proceeds) from (i) the tak- ing by eminent domain, condemnation or otherwise, or ac- quisition pursuant to contract, of any property of the Company or any Subsidiary by the United States of America, the State of Florida or any political subdivision thereof, or any agency, department, bureau, board, commission or instrumentality of any of them, including any award and/or other compensation awarded to or for the benefit of, or received by or on behalf of, the Company or GDU, whether as a result of litigation, arbitration, settlement or oth- erwise, or (ii) any sale by the Company or any Subsidiary of a water and utility system to a Person, whether now owned or hereafter created or acquired.
Condemnation Awards is defined in Section 2.1(viii). ------------------- "Condemnation Proceeding" is defined as a Proceeding that could result in a ----------------------- Condemnation.
Condemnation Awards means any and all judgments, awards of damages (including severance and consequential damages), payments, proceeds, settlements, amounts paid for a taking in lieu of Condemnation, or other compensation heretofore or hereafter made, including interest thereon, and the right to receive the same, as a result of, or in connection with, any Condemnation or threatened Condemnation.Page-1
Condemnation Awards means any and all proceeds (including proceeds in the form of promissory notes or other agreements for the payment of proceeds) from (a) the taking by eminent domain, condemnation or otherwise, or acquisition pursuant to contract, of any property of Company or any Subsidiary by the United States of America, the State of Florida or any political subdivision thereof, or any agency, department, bureau, board, commission or instrumentality of any of them, including any awards and/or other compensation awarded to, or received by, the Company or GDU, whether as a result of litigation, arbitration, settlement or otherwise, arising from the Utility Condemnation Proceedings or (b) any sale by Company or any Subsidiary of a water and utility system to a governmental entity in lieu of condemnation whether now owned or hereafter created or acquired.
Condemnation Awards any and all proceeds (including proceeds in the form of promissory notes or other agreements for the payment of proceeds) from (i) the taking by eminent domain, condemnation or otherwise, or acquisition pursuant to contract, of any property of the Company or any Subsidiary by the United States of America, the State of Florida or any political subdivision thereof, or any agency, department, bureau, board, commission or instrumentality of any of them, including any award and/or other compensation awarded to or for the benefit of, or received by or on behalf of, the Company or GDU, whether as a result of litigation, arbitration, settlement or otherwise, or (ii) any sale by the Company or any Subsidiary of a water and utility system to a Person, whether now owned or hereafter created or acquired.