Condemned as used herein shall mean the taking for any public or quasi-public use under any governmental law, ordinance, or regulation, or the exercise of, or the intent to exercise, the power of eminent domain, expressed in writing, as well as the filing of any action or proceeding for such purpose, by any person, entity, body, agency, or authority having the right or power of eminent domain, and shall include a voluntary sale by Landlord to any such person, entity, body agency or authority, either under threat of condemnation expressed in writing or while condemnation proceedings are pending, and shall occur in point of time upon the actual physical taking of possession pursuant to the exercise of said power of eminent domain.
Condemned as used in this Lease shall mean the exercise of the power of eminent domain expressed by the condemnor in any writing as well as by the filing of any action or proceeding for such purpose by any entity having the right of power of eminent domain, and shall include a voluntary sale by Lessor to any such entity, either under threat of condemnation or while condemnation proceedings are pending, and "condemnation" shall occur upon the actual taking of possession by the condemnor. In the event the demised premises or any part thereof is condemned and such condemnation materially interferes with Lessee's use of the demised premises, this Lease shall terminate, and Lessor and Lessee shall be entitled to their respective interests in the amount of any award made as provided below, regardless of whether the award is based on a single award or a separate award as between Lessor and Lessee. Lessor shall turn over to Lessee that portion of any such award received by Lessor hereunder which is attributable to Lessee's fixtures and equipment which are condemned as part of the real property but which Lessee would otherwise be entitled to remove, and the appraisal of the court, or the condemning entity if the condemnation is not determined by a court, of the amount of any such award allocable to such items shall be conclusive. If the total award be fixed by negotiation and be greater than the condemning entity's appraisal, the portion attributable to Lessee's fixtures, equipment and personal property aforesaid shall be the same proportion of the actual award as said fixtures and equipment were of the entity's appraisal. Lessor shall also turn over to Lessee the portion of any such award attributable to any improvements constructed at the expense of Lessee. If such condemnation does not materially interfere with Lessee's use of the premises, this Lease shall continue except that rental shall be reduced for the remainder of the term of this Lease, as may be extended, in proportion to the amount of the premises condemned, using the square footage of the building as a base. In such event Lessor, at Lessor's expense, shall repair and remodel the remainder of the premises so that the remaining premises can be used effectively by Lessee. If Lessor's portion of the award is not sufficient to repair and remodel then Lessee shall reimburse Lessor for the costs of such repairs and remodeling to the extent they exceed Lessor's portion of the award in the same manner provided in the l...
Condemned means a boiler or pressure vessel declared to be unsafe and which has an applied stamping designating its condemnation.
Examples of Condemned in a sentence
Diese Version ist zitierbar unter / This version is citable under: https://nbn-resolving.org/urn:nbn:de:0168-ssoar-251476Trade Impact of European Measures on GMOs Condemned by the WTO Panel Anne-Célia Disdier (INRA, UMR Economie Publique INRA-AgroParisTech) Lionel Fontagné (Paris School of Economics, Université Paris I and CEPII) Affiliations and addresses:Corresponding author: Anne-Célia Disdier: 16 rue Claude Bernard, 75231 Paris Cedex 05, France.
Real GDP per capita 1960-2000 35 6 Zambia: Condemned to debt How the IMF and World Bank have undermined development Executive Summary Despite the disadvantage of being land-locked, Zambia was once one of the wealthiest countries in sub-Saharan Africa.
The conditions tied to the HIPC initiative are just the latest in a long line of ‘free market’ policy interventions that have included: trade liberalisation; investment deregulation; privatisation; cutting or abolishing subsidies; 7 Zambia: Condemned to debt How the IMF and World Bank have undermined development laying-off civil service staff; public sector wage cuts or freezes and reduced state intervention in the agricultural sector.
More Definitions of Condemned
Condemned means not suitable for use as food or for animal food and requiring destruction;
Condemned means a device that is in need of repair and cannot be used until repaired.
Condemned as used in this Paragraph 11 shall mean the exercise of, or intent to exercise, the power of eminent domain expressed in writing, as well as the filing of any action or proceeding for such purpose, by any person, entity, body, agency or authority having the right or power of eminent domain (the "condemning authority").
Condemned means a boiler or pressure vessel declared to be unsafe and that has an applied stamping designating its con- demnation.
Condemned means a boiler or lined hot water heater that has been inspected and found to be unsafe by the
Condemned means a boiler or lined hot water heater that has been inspected and found to be unsafe by the Director or authorized inspector and has been stamped or tagged with the code XXX AZ8 XXX.
Condemned as applied to any part, shall mean a part that is beyond repair limits or that has repair costs in excess of economical limits as determined by Greenwich. Greenwich shall take title to and dispose of all Condemned parts at its own expense, after obtaining Customer's concurrence on the Condemned classification.