Substantially All of the Leased Premises definition

Substantially All of the Leased Premises has the meaning set forth in Section 20.1.3.
Sample 1
Substantially All of the Leased Premises shall be deemed to have been taken if, by reason of the taking of title to or possession of the Leased Premises or any portion thereof by Condemnation Actions, an Untenantable Condition exists or is reasonably expected to exist for longer than one (1) year.
Sample 1
Substantially All of the Leased Premises means (i) so much of the Leased Premises as, when taken, leaves the untaken portion unsuitable, in the reasonable opinion of Tenant and Landlord, for the continued feasible and economic operation of the Leased Premises by Tenant for the same purposes as immediately prior to such Taking or as contemplated herein, (ii) so many of the parking spaces on the Master Tract as reduces the parking ratio below that which is required by the zoning ordinance applicable to the Leased Premises (unless the applicable governmental authority provides a waiver of such parking requirements), and Landlord's failure to provide substantially similar alternative parking reasonably acceptable to Tenant within sixty (60) days after such Taking, (iii) so much of the Leased Premises that access to the Leased Premises is materially impeded, as reasonably determined by Landlord and Tenant, or (iv) so much of the Leased Premises as, when taken, results in the loss or suspension of any of Tenant's material licenses and permits issued under any Health Regulations required to enable Tenant to operate the Leased Premises as an acute care hospital.
Sample 1

Examples of Substantially All of the Leased Premises in a sentence

  • In the event of a Condemnation Action affecting less than the whole or less than Substantially All of the Leased Premises, Tenant shall have the option to terminate this Lease by providing Landlord written notice thereof, within 90 days of receipt of such notice of the applicable Condemnation Action.

  • If less than Substantially All of the Leased Premises is Taken or this Lease is not otherwise terminated pursuant to Section 12.2(a), Tenant shall restore the remaining portion of the Improvements not so Taken (as hereinafter described, a “Condemnation Restoration”).

  • All Condemnation Awards payable as a result of or in connection with any taking of less than the whole or less than Substantially All of the Leased Premises shall be paid and distributed in accordance with the provisions of this Section 20.2.1, notwithstanding the division of the Condemnation Award by a court or condemning authority in a Condemnation Action.

  • If all or Substantially All of the Leased Premises are taken by Condemnation, this Lease shall terminate on the Date of Taking.

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  • If less than Substantially All of the Leased Premises is Taken, this Lease shall continue for the remainder of the Term without abatement of Rent or diminution of any of Tenant’s obligations hereunder except as provided in Section 12.2(c).

  • If all or Substantially All of the Leased Premises is temporarily taken by Condemnation for a period which either exceeds one (1) year or which extends beyond the expiration of the Leased Term, then Landlord and Tenant shall each independently have the option to terminate this Lease, effective on the date possession is taken by the Condemnor.

  • All Condemnation Awards payable as a result of or in connection with any taking of the whole or Substantially All of the Leased Premises shall be paid and distributed in accordance with the provisions of this Section 20.1.2, notwithstanding the division of the Condemnation Award by a court or condemning authority in a Condemnation Action.

  • If all or Substantially All of the Leased Premises is Taken (excluding a Taking of the fee interest in the Land if, after such Taking, Tenant’s rights under this Lease are not affected), this Lease shall terminate on the Date of Taking (defined below) and the Annual Net Rent payable by Tenant hereunder shall be apportioned and paid to the Date of Taking.

  • All Condemnation Awards payable as a result of or in connection with any taking of less than the whole or less than Substantially All of the Leased Premises shall be paid and distributed in accordance with the provisions of this Section 20.2.1, notwithstanding the division of the Condemnation Award by a court or other applicable Governmental Authority in a Condemnation Action.


More Definitions of Substantially All of the Leased Premises

Substantially All of the Leased Premises means such portion of the Leased Premises as, when so Taken, would leave a balance of the Leased Premises that, due either to the area so Taken or the location of the part so Taken in relation to the part not so Taken, would not, under economic conditions, zoning laws and building regulations then existing, and after performance by Tenant of all covenants, agreements, terms and provisions contained herein or by law required to be observed by Tenant, readily accommodate new or reconstructed Improvements of a type and size generally similar to the Improvements existing at the Date of Taking. Pending resolution of any dispute over whether “Substantially All of the Leased Premises” has been Taken, (x) Tenant shall have no obligation to perform any Condemnation Restoration with respect to such Taking, and (y) the Annual Net Rent shall be reduced as provided in Section 12.2.
Sample 1

Related to Substantially All of the Leased Premises

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • the Premises means the building or part of the building booked and referred to in the contract

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Licensed premises or “premises” means all rooms, enclosures, contiguous areas, or places susceptible of precise description satisfactory to the administrator where alcoholic beverages, wine, or beer is sold or consumed under authority of a liquor control license, wine permit, or beer permit. A single licensed premises may consist of multiple rooms, enclosures, areas, or places if they are wholly within the confines of a single building or contiguous grounds.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • business premises means premises on which a business is conducted, premises rented in whole or in part to others, or held for rental.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • On the premises where stored with respect to heating oil means UST systems located on the same property where the stored heating oil is used.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Licensed Space means the indoor and outdoor space on the premises approved by the department for the purpose of providing licensed child care.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • the Building means any building of which the Property forms part.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Protected Space Operations means all Launch or Transfer Vehicle activities, ISS activities, and Payload activities on Earth, in outer space, or in transit between Earth and outer space in implementation of the IGA, MOUs concluded pursuant to the IGA, implementing arrangements, and contracts to perform work in support of NASA's obligations under these Agreements. It includes, but is not limited to:

  • Tenant’s Property means Tenant's movable fixtures and movable partitions, telephone and other equipment, furniture, furnishings, decorations and other items of personal property.

  • Released Property means any portion of the Project removed, scrapped, traded in, sold, or otherwise disposed of pursuant to Section 4.03 hereof, any portion of the Project stolen, damaged, destroyed, or taken by condemnation or eminent domain proceedings as described in Article VII hereof, and any infrastructure which the Company dedicates to the public use (within the meaning of that phrase as used in Section 12-6-3420(C) of the Code).

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.