Common use of Sale Under Threat of Condemnation Clause in Contracts

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section.

Appears in 3 contracts

Samples: Lease Agreement (Transcat Inc), Andrx Corp, Geerlings & Wade Inc

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Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power Power of eminent domain for all purposes under this Section.Article,

Appears in 2 contracts

Samples: Center Lease (Etravelserve Com Inc), Center Lease (Etravelserve Com Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the with power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section. Landlord need not incur expenses for restoration in excess of the amount of condemnation proceeds received by Landlord after payment of all reasonable costs, expenses and attorneys’ fees paid or incurred by Landlord in connection with the condemnation.

Appears in 2 contracts

Samples: Office Lease Agreement, Office Lease (Galena Biopharma, Inc.)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this SectionArticle XV.

Appears in 2 contracts

Samples: Lease (Quixote Corp), Lease (Teltronics Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any an authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this SectionArticle XI.

Appears in 2 contracts

Samples: Service Office Lease (Puredepth, Inc.), BSM Bancorp

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this Sectionparagraph.

Appears in 2 contracts

Samples: Letter Agreement (Signal Pharmaceuticals Inc), Letter Agreement (Signal Pharmaceuticals Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any --------------------------------- authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph 14.

Appears in 2 contracts

Samples: Covad Communications Group Inc, Covad Communications Group Inc

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this SectionArticle. In such event, Tenant shall not be entitled to any portion of the sale proceeds.

Appears in 2 contracts

Samples: Lease (Guess Inc), Lease (Guess Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph.

Appears in 2 contracts

Samples: Sublease Agreement (Steri Oss Inc), Lease (Ingenex Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this Sectionparagraph 14.

Appears in 2 contracts

Samples: Work Letter Agreement (Anacor Pharmaceuticals Inc), Work Letter Agreement (Anacor Pharmaceuticals Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any governmental authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph 14.

Appears in 1 contract

Samples: Nextcard Inc

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section. 17.

Appears in 1 contract

Samples: Galacticomm Technologies Inc

Sale Under Threat of Condemnation. A sale by Landlord Xxxxxx to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Sectionarticle.

Appears in 1 contract

Samples: Ground Lease Agreement

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this SectionArticle 11.

Appears in 1 contract

Samples: Office Lease (Annie's, Inc.)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this Sectionparagraph 15.

Appears in 1 contract

Samples: Clontech Laboratories Inc

Sale Under Threat of Condemnation. A sale by Landlord to any an authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section.Article. ARTICLE XII—

Appears in 1 contract

Samples: Chicago Pizza & Brewery Inc

Sale Under Threat of Condemnation. A sale made in good faith by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph.

Appears in 1 contract

Samples: Lease (Kofax Image Products Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any --------------------------------- authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph.

Appears in 1 contract

Samples: Terayon Communication Systems

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionArticle XII.

Appears in 1 contract

Samples: Lease (Sonicwall Inc)

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Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat treat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this SectionSection 14.

Appears in 1 contract

Samples: Assignment of Lease (Network Holdings International Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under confirmed threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this Sectionparagraph.

Appears in 1 contract

Samples: Convera Corp

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for all purposes under this Section.Article

Appears in 1 contract

Samples: Lease Agreement (Fine Com Corp)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this Section.

Appears in 1 contract

Samples: Lease Agreement (Onecap)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the with power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section. Landlord need not incur expenses for restoration in excess of the amount of condemnation proceeds received by Landlord after payment of all reasonable costs, expenses and attorneys' fees paid or incurred by Landlord in connection with the condemnation.

Appears in 1 contract

Samples: Lease (Metro One Telecommunications Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph 21.

Appears in 1 contract

Samples: Lease (Intermune Pharmaceuticals Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionSection 21.

Appears in 1 contract

Samples: Lease (Cutera Inc)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking as taken under the power of eminent domain for all purposes under this SectionArticle.

Appears in 1 contract

Samples: Valley Bancorp

Sale Under Threat of Condemnation. A sale made in good faith by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionArticle 13.

Appears in 1 contract

Samples: Lease (Broadcom Corp)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionArticle.

Appears in 1 contract

Samples: Redlands Mall (Business Bancorp /Ca/)

Sale Under Threat of Condemnation. A sale by Landlord of the Premises to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under this Section.

Appears in 1 contract

Samples: Lease Agreement (ADVANCED MEDICAL ISOTOPE Corp)

Sale Under Threat of Condemnation. A sale by Landlord to any authority having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes under of this SectionParagraph 14.

Appears in 1 contract

Samples: Adept Technology Inc

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