Assignment of Future Awards. In the case of a condemnation, Seller shall also assign, transfer and set over to Purchaser all of Seller’s right, title and interest in and to (a) such claims and further sums payable thereunder, and (b) any awards that may be made with respect to any pending or future condemnation proceeding.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Voltari Corp), Purchase and Sale Agreement (Titan Global Holdings, Inc.)
Assignment of Future Awards. In the case of a condemnationTaking, Seller shall also assign, transfer and set over to Purchaser Buyer all of Seller’s 's right, title and interest in and to (a) such claims and further sums payable thereunder, and (b) any awards that may be made with respect to any pending or future condemnation proceeding.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)