Common use of Substantial Condemnation Clause in Contracts

Substantial Condemnation. If all or substantially all of the Premises are taken by the exercise of any power of eminent domain or are conveyed to or at the direction of any governmental entity under a threat of such taking (each of which is herein referred to as a “Condemnation”), this Lease shall terminate on the date (hereinafter referred to as “the Vesting Date”) on which the title to so much of the Premises as is the subject of such Condemnation vests in the condemning authority.

Substantial Condemnation. If all or substantially all of the Premises are taken by the exercise of any power of eminent domain or are conveyed to or at the direction of any governmental entity under a threat of such taking (each of which is herein referred to as a “Condemnation”), this Lease shall terminate on the date (hereinafter referred to as the “the Vesting Date”) on which the title to so much of the Premises as is the subject of such Condemnation vests in the condemning authority.