Common use of EMINENT DOMAIN/CONDEMNATION Clause in Contracts

EMINENT DOMAIN/CONDEMNATION. If the whole or any substantial part of the Building taken or condemned by any competent authority for any public use or purpose, or if any adjacent property or street shall be so condemned or improved in such a manner as to require the use of any part of the Building, the term of this Lease shall, at the option of Landlord or the condemning authority, be terminated upon, and not before, the date when possession of the part so taken shall be required for such use or purpose, and Landlord shall be entitled to receive the entire award without apportionment with Tenant. Rent shall be apportioned as of the date of tenant's vacating as the result of said termination.

Appears in 3 contracts

Samples: irp-cdn.multiscreensite.com, irp-cdn.multiscreensite.com, irp-cdn.multiscreensite.com

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EMINENT DOMAIN/CONDEMNATION. If the whole or any substantial part of the Building is taken or condemned by any competent authority for any public use or purpose, or if any adjacent property or street shall be so condemned or improved in such a manner as to require the use of any part of the Building, the term Term of this Lease shall, at the option of Landlord the Lessor or the condemning authority, be terminated upon, and not before, the date when possession of the part so taken shall be required for such use or purpose, and Landlord Lessor shall be entitled to receive the entire award without apportionment with Tenant. Rent shall be apportioned as of the date of tenantTenant's vacating as the result of said terminationTermination.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

EMINENT DOMAIN/CONDEMNATION. If the whole or any substantial part of the Building is taken or condemned by any a competent authority for any public use or purpose, or if any adjacent property or street shall be so condemned or improved in such a manner as to require the use of any part of the Building, the term of this Lease shall, at the option of Landlord the Lessor or the condemning authority, be terminated upon, and not before, the date when possession of the part so taken shall be required for such use or purpose, and Landlord Lessor shall be entitled to receive the entire award without apportionment with Tenant. Rent shall be apportioned as of the date of tenant's Xxxxxx’s vacating as the result of said termination.

Appears in 2 contracts

Samples: Apartment Lease Agreement, aspencourtsiu.com

EMINENT DOMAIN/CONDEMNATION. If the whole or any substantial part of the Building building is taken or condemned by any competent authority for any public use or purpose, or if any adjacent property or street shall be so condemned or improved in such a manner as to require impair the use of any part of the Buildingbuilding, the term of this Lease shall, shall at the option options of Landlord or the Lessor the condemning authority, authority be terminated upon, and not before, the date when possession of the part so taken shall be required for such use or purpose, purpose and Landlord Lessor shall be entitled to receive the entire award without apportionment with Tenant. Rent shall be apportioned as of the date of tenant's Xxxxxx’s vacating as the result of said termination.

Appears in 1 contract

Samples: irp.cdn-website.com

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EMINENT DOMAIN/CONDEMNATION. If the whole or any substantial part of the Building is taken or condemned by any competent authority for any public use or purpose, or if any adjacent property or street shall be so condemned or improved in such a manner as to require the use of any part of the Building, the term of this Lease shall, shall at the option of Landlord the Lessor or the condemning authority, authority be terminated upon, and not before, the date when possession of the part so taken shall be required for such use or purpose, purpose and Landlord Lessor shall be entitled to receive the entire award without apportionment with Tenant. Rent shall be apportioned as of the date of tenant's Xxxxxx’s vacating as the result of said termination.

Appears in 1 contract

Samples: Apartment Lease

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