Condemnation Value definition

Condemnation Value has the meaning given to it in Section 7.6.
Condemnation Value has the meaning set forth in Section 5.17.
Condemnation Value means the amount of decrease in value of the Transferred Assets (net of and after giving effect to any condemnation award actually received by Seller, to the extent used to replace such Transferred Assets), as mutually agreed in good faith by the Seller and Buyer.

Examples of Condemnation Value in a sentence

  • Except if the condemnation award is a single award as hereinafter provided and except for any award expressly attributed to Xxxxxx’s Condemnation Value, Landlord and Landlord’s lender shall have exclusive authority to collect, settle and compromise, in their sole and absolute discretion, the amount of any award.


More Definitions of Condemnation Value

Condemnation Value has the meaning ascribed thereto in Section 8.02(a).
Condemnation Value shall have the meaning specified in Section 6.14(a).
Condemnation Value is defined in Section 5.10(a).
Condemnation Value means the value (as determined by an Acceptable Appraiser) of the property subject to a Taking, less any condemnation award received by EME or any of an Acquired Company.
Condemnation Value has the meaning set forth in Section 8.3(b)(ii).
Condemnation Value has the meaning set forth in Section 5.04(b). “Cure Period” has the meaning set forth in Section 6.01(c).
Condemnation Value means an amount that is equal to the sum of: (a) the value of the Purchased Assets taken by condemnation during the Interim Period, in a condemnation proceeding (as determined by the Independent Architect), and (b) to the extent not included in the preceding clause (a), the amount of any lost net revenues reasonably expected to accrue after the Closing as a result of such condemnation of such Purchased Assets (net of and after giving effect to any condemnation award proceeds to be paid to the Acquired Companies and any Tax benefits to the Acquired Companies related thereto and grossed up and after giving effect to any Tax costs to the Acquired Companies related thereto).