Common use of Total Condemnation Clause in Contracts

Total Condemnation. Section 7.06. Should, during the term of this Lease or any renewal or extension thereof, title and possession of all of the Premises be taken under the power of eminent domain by any public or quasi-public agency or entity, this Lease shall terminate as of 12:01 A.M. on the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain and both Lessor and Lessee shall thereafter be released from all obligations, except those specified in Section 7.10 of this Lease, under this Lease.

Appears in 4 contracts

Samples: Lease Agreement (Interhealth Facility Transport, Inc.), Lease Agreement (Interhealth Facility Transport, Inc.), Lease Agreement (Interhealth Facility Transport, Inc.)

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Total Condemnation. Section 7.06. Should, during the term of this Lease lease or any renewal or extension thereof, title and possession of all of the Premises be taken under the power of eminent domain by any public or quasi-public agency or entity, this Lease lease shall terminate as of 12:01 A.M. am on the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain and both Lessor and Lessee shall thereafter be released from all obligations, except those specified in Section 7.10 7.09 of this Leaselease, under this Leaselease.

Appears in 2 contracts

Samples: Lease Agreement (Seagate Software Inc), Lease Agreement (Seagate Software Inc)

Total Condemnation. Section 7.06. Should, If at any time during the term of this Lease or any renewal or extension thereof------------------ Lease, title and possession of all of the Premises be is taken under the power of eminent domain by any public or quasi-public agency or entity, this Lease shall terminate as of 12:01 12:0l A.M. on of the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain domain, and both Lessor Landlord and Lessee Tenant shall thereafter be released from all obligationsobligations under this Lease, except those specified described in Section 7.10 of this Lease, under this Lease9.04.

Appears in 1 contract

Samples: Lease (Impac Medical Systems Inc)

Total Condemnation. Section 7.068.04. Should, during the term of this Lease lease or any renewal or extension thereof, title and possession of all of the Premises be taken under the power of eminent domain by any public or quasi-public agency or entity, this Lease lease shall terminate as of 12:01 A.M. on the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain and both Lessor and Lessee shall thereafter be released from all obligations, except those specified in Section 7.10 8.08 of this Leaselease, under this Leaselease.

Appears in 1 contract

Samples: Lease Agreement (Coast Bancorp/Ca)

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Total Condemnation. Section 7.06. 7.06 Should, during the term of this Lease or any renewal or extension thereof, title and possession of all of the Premises be taken under the power of eminent domain by any public or quasi-public agency or entity, this Lease shall terminate as of 12:01 A.M. on the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain and both Lessor and Lessee shall thereafter be released from all obligations, except those specified in Section 7.10 of this Lease, under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Interhealth Facility Transport, Inc.)

Total Condemnation. Section 7.06. Should, If at any time during the term of this Lease or any renewal or extension thereofLease, title and possession of all of the Premises be is taken under the power of eminent domain by any public or quasi-public agency or entityentity including District, this Lease shall will terminate as of 12:01 A.M. on the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain domain, and both Lessor District and Lessee shall Tenant will thereafter be released from all obligationsobligations under this Lease, except those specified described in Section 7.10 of this Lease, under this Lease9.02.

Appears in 1 contract

Samples: Commercial Lease Agreement

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