Condemned definition

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 means a boiler or pressure vessel declared to be unsafe and which has an applied stamping designating its condemnation.
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 Premises, this Lease shall terminate, and Lessor and Lessee shall be entitled to their respective interests in the amount of any award made with respect thereto, Lessee to receive any portions of the award made as compensation for moving expenses, the value of Lessee's trade fixtures, equipment, alterations, improvements and personal property which Lessee is entitled to remove, and Lessee's loss of business. 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 such items shall be the same proportion of the actual award as said items were of the entity's appraisal. 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 it 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 cost of such repairs and remodeling to the extent they exceed Lessor's portion of the award in the same manner as provided in the last sentence of Paragraph 21.

Examples of Condemned in a sentence

  • Condemned measles affected carcasses fetch 10% of the price stipulated in Clause 14, while 90% of this price will be paid for conditionally released measles affected carcasses.

  • If twenty-five percent (25%) or more of the Premises is condemned by eminent domain, inversely condemned or sold in lieu of condemnation for any public or quasi-public use or purpose ("Condemned"), then Tenant or Landlord may terminate this Lease as of the date when physical possession of the Premises is taken and title vests in such condemning authority, and Rent shall be adjusted to the date of termination.

  • If all of the Premises is condemned by eminent domain, inversely condemned or sold under threat of condemnation for any public or quasi-public use or purpose ("Condemned"), this Lease shall terminate as of the earlier of the date the condemning authority takes title to or possession of the Premises, and Rent shall be adjusted to the date of termination.

  • Lessee agrees that if, at any time after the date hereof, the whole or any part of the Leased Property or of Lessee's interest under this Lease, shall be Condemned by any Condemnor for its temporary use or occupancy, this Lease shall not terminate by reason thereof, and Lessee shall continue to pay, in the manner and at the times herein specified, the full amounts of Minimum Rent and Additional Charges.

  • Lessee agrees that if, at any time after the date hereof, the whole or any part of the Leased Property or of Lessee's interest under this Lease, shall be Condemned by any Condemnor for its temporary use or occupancy, this Lease shall not terminate by reason thereof, and Lessee shall continue to pay, in the manner and at the times herein specified, the full amounts of Rent (including Minimum Rent, Additional Charges and Additional Rent).


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 means a boiler or pressure vessel declared to be unsafe and that has an applied stamping designating its con- demnation.
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 or “Condemnation”: The taking or condemnation of property by any authority having the power of eminent domain.
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 means a boiler or lined hot water heater that has been inspected and found to be unsafe by the