Total Taking - Termination Sample Clauses

Total Taking - Termination. If title to all of the Premises or so much thereof is taken for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Premises will not result in the Premises being reasonably suitable (as reasonably determined by Landlord and Tenant) for Tenant’s continued occupancy for the uses and purposes permitted by this Lease, this Lease shall terminate as of the date possession of the Premises or part thereof be taken.
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Total Taking - Termination. If the entire Premises are taken or so transferred as described in Section 12.01, this Lease and all of the rights, titles, and interests under it will cease on the date that title to the Premises or part of them vests in the condemning authority.
Total Taking - Termination. If title to all of the Premises or so much thereof is taken or appropriated for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Premises will not, in Landlord’s and Tenant’s mutual opinion, result in the Premises being reasonably suitable for Tenant’s continued occupancy for the uses and purposes permitted by this Lease, this Lease shall terminate as of the date that possession of the Premises or part thereof be taken. 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 of this Paragraph.
Total Taking - Termination. If the entire Premises are taken or so transferred, this Lease and all of the right, title and interest of Tenant hereunder shall cease on the date title to such land so taken or transferred vests in the condemning authority. In such event, all Rent and other charges payable by Tenant to Landlord hereunder attributable to the Premises, or portion thereof taken, shall be paid by Tenant up to and prorated through the date title vests in the condemning authority.
Total Taking - Termination. In the event the entire Premises are taken or so transferred, this Lease and all of the right, title and interest thereunder shall cease on the date title to such land so taken or transferred vests in the condemning authority, and the proceeds of such condemnation shall be divided between Lessor and Lessee with the fair market value of the land paid to Lessor, and the remainder of the proceeds paid to Lessee.
Total Taking - Termination. If the entire City Site is taken or so transferred, this Master Lease and all of the rights, titles, and interests under it ceases, as to that City Site, on the date that title to the City Site vests in the condemning authority.
Total Taking - Termination. If title to the Premises or the Common Area or so much thereof is taken for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Premises will not result in the Premises being reasonably suitable for Tenant’s continued occupancy for the uses and purposes permitted by this Lease, or Tenant’s parking rights will be materially reduced, this Lease shall terminate as of the date possession of the Premises or part thereof is so taken.
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Total Taking - Termination. If title to the Building or so much thereof is taken for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Building will not result in the Building being reasonably suitable for Tenant's continued occupancy for the uses and purposes permitted by this Lease, this Lease shall terminate as of the date possession of the Building or part thereof is so taken.
Total Taking - Termination. If (i) title to all of the Premises or so much thereof is taken for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Premises will not result in the Premises being reasonably suitable for Tenant's continued occupancy for the uses and purposes permitted by this Lease, or (ii) the parking spaces available to Tenant pursuant to this Lease are taken for any public or quasi-public use under any statute or by right of eminent domain such that the ratio of parking spaces to rentable square feet of the Premises falls below that mandated by law and Landlord is not able to provide alternative parking to Tenant, then this Lease shall terminate as of the date that possession of the Premises or part thereof is taken.
Total Taking - Termination. If the entire Leased Premises is taken or transferred, or if the taking or transfer of a substantial part of the Leased Premises leaves the remainder of the Leased Premises in such condition or in such form, shape, or reduced size as to be not effectively and practicably usable in the opinion of Lessor for the intended purpose, this Agreement terminates on the date title to such portion of the Leased Premises so taken or transferred vests in the condemning authority.
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