Common use of Temporary Taking Clause in Contracts

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 23 contracts

Samples: Master Lease (Eldorado Resorts, Inc.), Master Lease (PNK Entertainment, Inc.), Master Lease (Communications Sales & Leasing, Inc.)

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Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking Taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 one hundred eighty (180) consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 10 contracts

Samples: Lease (CAESARS ENTERTAINMENT Corp), Lease (Vici Properties Inc.), Purchase and Sale Agreement (Vici Properties Inc.)

Temporary Taking. The taking of the Leased Property, or any part Capital Additions and/or any part(s) thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 one hundred eighty (180) consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee.

Appears in 8 contracts

Samples: Master Lease and Security Agreement (Emeritus Corp\wa\), Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Hcp, Inc.)

Temporary Taking. The taking of the Leased Property, or any part Capital Additions and/or any part(s) thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee.

Appears in 6 contracts

Samples: Master Lease (Emeritus Corp\wa\), Master Lease (Ensign Group, Inc), Lease (Capital Senior Living Corp)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking Taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 one hundred eighty (180) consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect (except that Rent shall be adjusted in accordance with the Rent Reduction Amount in proportion to such temporary taking) and the Award allocable to the Term shall be paid to Tenant.

Appears in 4 contracts

Samples: Lease Agreement (CAESARS ENTERTAINMENT Corp), Lease Agreement (Vici Properties Inc.), Parking Agreement and Grant of Reciprocal Easements and Declaration of Covenants (CAESARS ENTERTAINMENT Corp)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking Taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 one hundred eighty (180) consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect (except that Rent with respect to such Facility shall be adjusted in accordance with the Rent Reduction Amount in proportion to such temporary taking) and the Award allocable to the Term shall be paid to Tenant.

Appears in 2 contracts

Samples: And Attornment Agreement (Caesars Entertainment, Inc.), Lease Agreement (Vici Properties Inc.)

Temporary Taking. The taking of the use only of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee.

Appears in 1 contract

Samples: Lease Agreement (Sunlink Health Systems Inc)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this CLEC Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 1 contract

Samples: Clec Master Lease (Uniti Group Inc.)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.Lessee. ARTICLE XVI. 16.1

Appears in 1 contract

Samples: Master Lease (Emeritus Corp\wa\)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLandlord.

Appears in 1 contract

Samples: Lease (Penn National Gaming Inc)

Temporary Taking. The taking of the any Leased PropertyAsset, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 1 contract

Samples: Master Lease

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term term of the taking shall be paid to TenantLessee.

Appears in 1 contract

Samples: Balanced Care Corp

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Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this ILEC Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 1 contract

Samples: Ilec Master Lease (Uniti Group Inc.)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.. 15.4

Appears in 1 contract

Samples: Master Lease (Gaming & Leisure Properties, Inc.)

Temporary Taking. The taking of the Leased Property, or any part thereofCapital Additions and/or any part(s)thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 one hundred eighty (180) consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee.

Appears in 1 contract

Samples: Master Lease and Security Agreement (Brookdale Senior Living Inc.)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee.

Appears in 1 contract

Samples: Integrated Living Communities Inc

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than is reasonably expected to exceed 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 1 contract

Samples: Master Lease (MGM Growth Properties Operating Partnership LP)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to Tenant.

Appears in 1 contract

Samples: Equity Purchase Agreement (Wynn Resorts LTD)

Temporary Taking. The taking of the Leased Property, or any part thereof, shall constitute a taking by Condemnation only when the use and occupancy by the taking authority has continued for longer than 180 consecutive days. During any shorter period, which shall be a temporary taking, all the provisions of this Master Lease shall remain in full force and effect and the Award allocable to the Term shall be paid to TenantLessee. ARTICLE XVI.

Appears in 1 contract

Samples: Emeritus Corp\wa\

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