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.
Appears in 4 contracts
Samples: Ground Lease (Andeavor), Ground Lease (Tesoro Logistics Lp), Ground Lease (Tesoro Logistics Lp)
Total Taking - Termination. 12.02. 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, and the proceeds of the condemnation will be the property of Tenant.
Appears in 2 contracts
Samples: Lease Agreement (Tesoro Corp /New/), Lease Agreement (Tesoro Logistics Lp)
Total Taking - Termination. 12.02. 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., and the proceeds of the condemnation will be the property of Landlord. Partial Taking—Termination
Appears in 1 contract
