Common use of Material Condemnation Clause in Contracts

Material Condemnation. Upon the written election of the Executive Committee made pursuant to Section 4.3E(5) following any Material Taking;

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Tejon Ranch Co)

Material Condemnation. Upon the written election of the Executive Committee made pursuant to Section 4.3E(54.3(A)(1)(b)(v) following any Material Taking;

Appears in 1 contract

Sources: Limited Liability Company Agreement (Tejon Ranch Co)