Voluntary Conveyance. A voluntary conveyance by Lessor to a public utility, governmental agency, or authority under threat of a taking under the power of eminent domain in lieu of formal proceedings, is a taking under this Article.
Voluntary Conveyance. The Insured may only accept a conveyance of the Property from the Borrower in lieu of foreclosure or other proceeding if the prior written approval of the Company has been obtained. Such approval shall not be considered as an acknowledgement of liability by the Company with respect to such Loan.
Voluntary Conveyance. The Insured may accept a conveyance of title from the Borrower in lieu of foreclosure or other proceedings if:
Voluntary Conveyance. Neither party to this Lease -------------------- will voluntary convey any interest related to this Lease to any agency, authority or public utility under threat of a taking under the power of eminent domain in lieu of formal proceedings without first providing written notice to the other of any request or intention to do so.
Voluntary Conveyance. A voluntary conveyance by Landlord to a public utility, agency, or authority under threat of a taking under the power of eminent domain in lieu of formal proceedings shall be deemed a taking within the meaning of this Article 9. If all or any portion of the Project shall be taken by any competent authority for temporary use or occupancy, this Secondary Sublease shall continue in full force and effect (but with a proportional reduction or abatement of rent if a portion of the Premises is taken). In such event, Tenant shall be entitled to any award specifically made for the repair and restoration of any damage to the Premises or any improvements thereon, as a result of such temporary use or occupancy and to the entire award for such taking for temporary use or occupancy to the extent that such award relates to the Premises and is applicable to the period of such temporary use or occupancy occurring during the Term and Landlord shall be entitled to the remainder of the award. Notwithstanding anything to the contrary elsewhere in this Secondary Sublease, in the event that Tenant's leasehold estate is subject to a Leasehold Mortgage, all amounts payable to Tenant pursuant to this Article 9, if required by the Leasehold Mortgage, shall be paid to the Leasehold Mortgagee to be applied by the Leasehold Mortgagee in accordance with the Leasehold Mortgage. Such Leasehold Mortgagee shall have the right to participate, at its or Tenant's sole cost, in any condemnation proceeding affecting the Premises.
Voluntary Conveyance. Section 11.05. Nothing in this article prohibits Landlord from voluntarily conveying all or part of the Premises to a public utility, agency, or authority under threat of a taking under the power of eminent domain. Any such voluntary conveyance will be treated as a taking within the meaning of this article.
Voluntary Conveyance. 84 10.1.4 Date of Taking................................... 84 10.1.5 Leased Land....................................... 84 10.2
Voluntary Conveyance. A voluntary conveyance by Landlord to a public utility, agency or authority under threat of a taking under the power of eminent domain in lieu of formal proceedings after the adoption of a resolution of necessity or similar action by the utility, agency or authority, and notwithstanding that Landlord may have cooperated fully or initiated negotiations with such public entity regarding such voluntary conveyance, shall be deemed a taking within the meaning of this Article XVIII.
Voluntary Conveyance ss. 11.05. Nothing in this article prohibits Lessor from voluntarily conveying all or part of the leased premises to a public utility, agency, or authority under threat of a taking under the power of eminent domain. Any such voluntary conveyance shall be treated as a taking within the meaning of this article.
Voluntary Conveyance. A voluntary conveyance by Landlord to a public utility, agency or authority under threat of a taking under the power of eminent domain in lieu of formal proceedings shall be deemed a taking within the meaning of this Article 9.
