Common use of Total Taking - Termination Clause in Contracts

Total Taking - Termination. If during the Term there shall be a Total Taking, then the Leasehold Estate shall cease and terminate as of the date of the taking of the Premises.

Appears in 1 contract

Sources: Ground Lease (Revel Entertainment Group, LLC)

Total Taking - Termination. If during the Term there shall be a Total Taking, then the Leasehold Estate shall cease and terminate as of the date the actual physical possession of the taking of the PremisesPremises shall be so taken.

Appears in 1 contract

Sources: Ground Lease (OCM HoldCo, LLC)

Total Taking - Termination. If during the Term there shall be a Total Taking, then the Leasehold Estate this Lease shall cease and terminate as of the date of the taking of the Premises.

Appears in 1 contract

Sources: Ground Lease Agreement