Common use of Condemnation or Casualty Clause in Contracts

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 11 contracts

Samples: Subordination Agreement, Subordination Agreement, Subordination Agreement

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Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollec- tively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 9 contracts

Samples: Redevelopment Loan Agreement, Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tively, a "Casualty"), at any time or times when the a Senior Security Instrument Loan Mortgage remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument Mortgage remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument Mortgage remains a lien on the Mortgaged Property Property, the following provisions shall apply:

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement

Condemnation or Casualty. In the event of: of a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 1 contract

Samples: Subordination Agreement

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Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument First Mortgage remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 1 contract

Samples: Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property Land (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property Land (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument Permanent Loan Mortgage remains a lien on the Mortgaged Property Land the following provisions shall apply:

Appears in 1 contract

Samples: CDBG Piggyback Program Subordination Agreement

Condemnation or Casualty. In the event of: a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); or the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument Deed of Trust remains a lien on the Mortgaged Property Property, the following provisions shall apply:

Appears in 1 contract

Samples: Subordination Agreement

Condemnation or Casualty. In the event of: of (i) a taking or threatened taking by condemnation or other exercise of eminent domain of all or a portion of the Mortgaged Property (collectively, a "Taking"); , or (ii) the occurrence of a fire or other casualty resulting in damage to all or a portion of the Mortgaged Property (collec­tivelycollectively, a "Casualty"), at any time or times when the Senior Security Instrument remains a lien on the Mortgaged Property the following provisions shall apply:

Appears in 1 contract

Samples: Subordination Agreement (Panache Beverage, Inc.)

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