Total Condemnation, Etc. If either (i) the whole of any Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any Property renders any Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Property, Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit C.
Appears in 6 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Candlewood Hotel Co Inc), Lease Agreement (Hospitality Properties Trust)
Total Condemnation, Etc. If either (i) the whole of any Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any Property renders any Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Property, Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit C.SECTION 11.5.
Appears in 4 contracts
Samples: Lease Agreement (Five Star Quality Care Inc), Lease Agreement (Five Star Quality Care Inc), Lease Agreement (Five Star Quality Care Inc)
Total Condemnation, Etc. If either (i) the whole of any the Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any the Property renders any the Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Propertyterminate, and Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit C.SECTION 11.6.
Appears in 2 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Stock Purchase Agreement (Hospitality Properties Trust)
Total Condemnation, Etc. If either (i) the whole of any Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any Property renders any Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Property, Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit C.D.
Appears in 1 contract
Samples: Lease Agreement (Sholodge Inc)
Total Condemnation, Etc. If either (i) the whole of any Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any Property renders any Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Property, Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section SECTION 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit EXHIBIT C.
Appears in 1 contract
Samples: Lease Agreement (Sholodge Inc)
Total Condemnation, Etc. If either (i) the whole of any Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any Property renders any Property Unsuitable for Its Permitted Use, this Agreement shall terminate with respect to such Property, Tenant and Landlord shall seek the Award for their interests in the applicable Property as provided in Section 11.6 and, as the effective date of taking, the Minimum Rent payable hereunder shall be reduced by such Property's allocable share thereof as set forth in Exhibit C.SECTION 11.6.
Appears in 1 contract
Samples: Master Lease Agreement (Five Star Quality Care Inc)
