Common use of Damage or Condemnation Clause in Contracts

Damage or Condemnation. Risk of loss resulting from any condemnation or eminent domain proceeding which is commenced or has been threatened before the Closing, and risk of loss to the Property due to fire, flood or any other cause before the Closing, shall remain with Seller. If before the Closing the Property shall be

Appears in 1 contract

Sources: Purchase and Sale Agreement (Carramerica Realty L P)

Damage or Condemnation. Risk of loss resulting from any condemnation or eminent domain proceeding proceeding, which is commenced or has been threatened against the Real Property before the ClosingClosing Date, and risk of loss to the Real Property due to fire, flood or any other cause before the ClosingClosing Date, shall remain with Seller. If before the Closing Date the Real Property or any portion thereof shall bebe materially damaged, or if the Real Property or any material portion thereof shall be subjected to a bona fide threat of condemnation or shall become the subject of any

Appears in 1 contract

Sources: Purchase and Sale Agreement (Advocat Inc)

Damage or Condemnation. Risk of loss resulting from any condemnation or eminent domain proceeding which is commenced or has been threatened before the Closing, and risk of loss to the Property due to fire, flood or any other cause before the Closing, shall remain with SellerSeller unless otherwise agreed to in writing by the parties. If before the Closing the Property or any portion thereof shall bebe materially damaged, or if the Property or any material portion thereof shall be subjected to a bona fide threat of condemnation or shall become the subject of any proceedings, judicial, administrative or otherwise, with respect to the taking by 400 ▇. ▇▇▇▇▇▇▇▇▇ PSA 11

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cole Corporate Income Trust, Inc.)

Damage or Condemnation. Risk of loss resulting from any condemnation or eminent domain proceeding which is commenced or has been threatened before the Closing, and risk of loss to the Property due to fire, flood or any other cause before the Closing, shall remain with Seller. If before the Closing the Property or any portion thereof shall bebe materially damaged, or if the Property or any material portion thereof shall be subjected to a bona fide threat of condemnation or shall become the subject of any proceedings, judicial, administrative

Appears in 1 contract

Sources: Purchase and Sale Agreement (Brightpoint Inc)