Condemnation Expenses definition

Condemnation Expenses shall have the meaning set forth in Section 15.2(b)(ii) of this Agreement.
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Condemnation Expenses has the meaning set forth in Section 20.2.2.
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Condemnation Expenses means a City Party’s payment, disbursement, reimbursement or contribution toward the costs of Condemnation Repair Work.
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Examples of Condemnation Expenses in a sentence

  • All Condemnation Expenses in excess of the proceeds of any Condemnation Award shall be paid by Bristol and from the Capital Projects Fund.

  • In the event of any such temporary taking, Owner shall be entitled to receive the entire amount of any Condemnation Award made for such taking (subject to the rights of any Mortgagees), whether such award is paid by way of damages or otherwise, less any Condemnation Expenses paid by City Parties, if any.

  • Triple car garages will be encouraged on lots that have adequate width to accommodate the extra garage bay.Side drive garages may be permitted if there is adequate lot width and proper turning radius provided on the driveway.

  • All Condemnation Expenses paid by StadCo in excess of the proceeds of any Condemnation Award (other than to the extent such is paid as a result of a StadCo Event of Default under this Agreement) and otherwise constituting Capital Work are reimbursable (without duplication) from the Stadium Authority Capital Projects Fund and/or the StadCo Capital Projects Fund.

  • The Condemnation Award payable to Owner pursuant to this Section 202 shall be paid to Owner and applied by Owner in the following order of priority: (i) payment of all Condemnation Expenses and (ii) paying any remainder to Owner (subject to the rights of any Mortgagees).

  • HMD honours the survivors of these atrocities, challenge us to work to end discrimination and prejudice and to create a safer, better future.

  • The Condemnation Award payable to Tenant pursuant to this Section 20.2.1 shall be paid to Tenant and applied by Tenant in the following order of priority: (i) payment of all Condemnation Expenses in excess of Landlord’s Condemnation Award and (ii) paying any remainder to Tenant (subject to the rights of any Leasehold Mortgagees).

  • Landlord shall be obligated to make payment, disbursement, reimbursement or contribution toward the costs of Condemnation Repair Work (“Condemnation Expenses”) in an amount up to Landlord’s Condemnation Award and all Condemnation Expenses in excess of Landlord’s Condemnation Award shall be paid by Tenant.

  • Amounts paid to Tenant by Landlord under this Section 20.2 shall be held by Tenant in trust for the purpose of paying Condemnation Expenses and shall be applied by Tenant to any such Condemnation Expenses or otherwise in accordance with the terms of this Section 20.2.2. All Condemnation Expenses in excess of Landlord’s Condemnation Award shall be paid by Tenant.

  • After restoration of the remaining Improvements, or in the event the conditions precedent for such restoration are not met, Xxxxxx shall have the right, after deducting therefrom the Condemnation Expenses, to apply the balance of the Condemnation Proceeds to the Secured Indebtedness, in such manner and such order as Lender in its sole discretion shall determine, without adjustment in the dollar amount of the installments due under the Note.


More Definitions of Condemnation Expenses

Condemnation Expenses shall have the meaning set forth in Section 23.2. “Condemnation Repair Work” shall have the meaning set forth in Section 23.2. “Construction Funds Trust Agreement” shall mean the Construction Funds Trust Agreement by and among (i) the Authority, (ii) StadCo, (iii) the State of Tennessee, acting through its Department of Finance & Administration, (iv) Xxxxx Xxxx LaSalle America, Inc., in its capacity as construction monitor thereunder, and (v) Regions Bank, an Alabama state banking corporation, not individually but solely as trustee thereunder to establish such accounts and to accept, hold, track, and disburse various contribution amounts, and other trust funds deposited with it and the earnings thereon in accordance with the terms of such agreement.
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Related to Condemnation Expenses

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Net Insurance/Condemnation Proceeds means an amount equal to: (a) any Cash payments or proceeds (including Cash Equivalents) received by the Borrower or any of its Restricted Subsidiaries (i) under any casualty insurance policy in respect of a covered loss thereunder of any assets of the Borrower or any of its Restricted Subsidiaries (other than, for purposes of Section 2.11(b)(ii), assets acquired after the Closing Date with the proceeds of equity contributions to, or the issuance of Qualified Capital Stock of, the Borrower or its Restricted Subsidiaries (in each case, other than contributions by, or issuances to, the Borrower or a Restricted Subsidiary) or (ii) as a result of the taking of any assets of the Borrower or any of its Restricted Subsidiaries (other than, for purposes of Section 2.11(b)(ii), assets acquired after the Closing Date with the proceeds of equity contributions or the issuance of Qualified Capital Stock of the Borrower or its Restricted Subsidiaries (in each case, other than contributions by, or issuances to, the Borrower or a Restricted Subsidiary)) by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, minus (b) (i) any actual out-of-pocket costs and expenses incurred by the Borrower or any of its Restricted Subsidiaries in connection with the adjustment, settlement or collection of any claims of the Borrower or the relevant Restricted Subsidiary in respect thereof, (ii) payment of the outstanding principal amount of, premium or penalty, if any, and interest and other amounts on any Indebtedness (other than the Loans and any Indebtedness secured by a Lien on the Collateral that is pari passu with or expressly subordinated to the Lien on the Collateral securing any Secured Obligation) that is secured by a Lien on the assets in question and that is required to be repaid or otherwise comes due or would be in default under the terms thereof as a result of such loss, taking or sale, or payment of other amounts due to, or required to be made available to, any Person under any other Contractual Obligation binding such assets or to which such assets are subject (including, without limitation, in the case of Real Estate Assets, any ground lease, lease or other occupancy agreement) (iii) in the case of a taking, the reasonable out-of-pocket costs of putting any affected property in a safe and secure position, (iv) any selling costs and out-of-pocket expenses (including reasonable broker’s fees or commissions, legal fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees actually incurred in connection therewith and the Borrower’s good faith estimate of income Taxes paid or payable (including pursuant to Tax sharing arrangements or any intercompany distribution)) in connection with any sale or taking of such assets as described in clause (a) of this definition, (v) any amounts provided as a reserve in accordance with GAAP against any liabilities under any indemnification obligation or purchase price adjustments associated with any sale or taking of such assets as referred to in clause (a) of this definition (provided that to the extent and at the time any such amounts are released from such reserve, such amounts shall constitute Net Insurance/Condemnation Proceeds) and (vi) in the case of any covered loss or taking from a non-Wholly-Owned Subsidiary, the pro rata portion thereof (calculated without regard to this clause (vi)) attributable to minority interests and not available for distribution to or for the account of the Borrower or a Wholly-Owned Subsidiary as a result thereof.

  • Transaction Expenses means any fees, costs or expenses incurred or paid by the Borrower or any of its Restricted Subsidiaries in connection with the Transactions (including OID).