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.

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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, or intent to exercise, 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 physical taking of possession by the condemnor. In the event the demised premises or any part thereof are condemned, this lease shall terminate, and Lessor shall be entitled to and shall receive the total amount of any award made with respect thereto, regardless of whether the award is based on a single award or a separate award as between Lessor and Lessee, and, if and to the extent that any such award or awards shall be made to Lessee or to any person, firm or corporation claiming through or under Lessee, Lessee hereby irrevocably assigns to Lessor all of it's right, title and interest in and to any and all such awards. No portion of any such award or awards shall be paid to Lessee for any so-called bonus or excess value of this lease by reason of the relationship between the rental payable under this lease and the fair rental for the demised premises at the time of condemnation. The foregoing notwithstanding, 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 total award be fixed by negotiation and be greater than the condemning entity's appraisal, the portion attributable to Lessee's fixtures and equipment aforesaid shall be the same proportion of the actual award as said fixtures and equipment were of the entity's appraisal.

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 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

Condemned as used herein being deemed to include any deed given in lieu of or under threat of taking or condemnation) by any governmental or quasi-governmental authority for any public or quasi-public use or purpose, then the Lease Term shall cease and terminate as of the date when title vests in such condemning authority, and Lessee shall have no claim against Lessor or the condemning authority for any portion of the amount that may be awarded as damages as a result of such taking or condemnation or for the value of any unexpired portion of the Lease Term; provided that, subject to the foregoing, Lessee shall be entitled to institute a separate action against the condemning authority to recover such damages as Lessee may be entitled pursuant to the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, 42 U.S.C. Sections 4601 et. seq., upon the condition that such damages do not diminish the amount of the award to which Lessor is otherwise entitled. The Monthly Base Rent, however, shall be abated on the date when such title vests in such condemning authority. If less than a substantial part of the Demised Premises is taken or condemned by any governmental or quasi-governmental authority for any public or quasi-public use or purpose, the Monthly Base Rent shall be equitably adjusted on the date when title vests in such condemning authority and the Lease shall otherwise continue in full force and effect. For purpose of the Article, a substantial part of the Demised Premises shall be considered to have been taken if more than fifty percent (50%) of the Demised Premises are untenantable by Lessee.