Complete Taking definition

Complete Taking means the Condemnation of all or substantially all of a Facility or a Condemnation that results in a Facility no longer being capable of being operated for its Primary Intended Use.
Complete Taking means a taking by eminent domain prior to the Completion Date over NAI’s objection of all of the Land or the Property, or so much thereof as to make it impossible to complete the Construction Project for its intended uses on the Land regardless of any Scope Changes BNPPLC may be willing to approve or any Increased Commitment that BNPPLC may be willing to provide.
Complete Taking means the occurrence of any actual or threatened condemnation or other eminent domain proceeding pursuant to any general or special law, or any agreement with an authority having the power of eminent domain, which results in the taking or conveyance of (i) the entire Premises or (ii) such a significant portion of the Premises that, in the good faith judgment of either Tenant or Landlord, it is uneconomic to rebuild or restore the remaining portion of the Premises for the continued operation of the business.

Examples of Complete Taking in a sentence

  • All Owners shall be assessed a Special Charge (for a Partial Destruction Not Affecting Cottages, a Partial Taking Not Affecting Cottages, a Total Destruction of Cottages and a Complete Taking of Cottages).

  • Such notice shall include (i) notice of the Board's estimate of the cost of the Restoration (ii) if an Expropriation, whether it is a Partial Taking Affecting Cottages, a Partial Taking Not Affecting Cottages or, a Complete Taking of Cottages and, (iii) if a Destruction, whether it is a Partial Destruction of Cottages, a Partial Destruction Not Affecting Cottages or a Total Destruction.


More Definitions of Complete Taking

Complete Taking means a taking or condemnation by any competent Governmental Authority of the whole of any Property or so much thereof that the part not so taken or condemned cannot feasibly be used or reconverted for use as a building of the type and character existing immediately prior to such taking or condemnation.
Complete Taking is defined in Section 10.01;
Complete Taking shall have the meaning as set forth in Article 14.
Complete Taking means (i) a Taking that causes the termination of, or would permit the lessor to terminate, the Pioneer Ground Lease, (ii) a Taking of all or substantially all of the Premises or (iii) a Taking of so much of the Premises as to prevent or substantially impair the conduct of PHI's business thereon in substantially the same manner as conducted prior to such Taking.
Complete Taking has the meaning given in Section 9.1.
Complete Taking has the meaning given to that term in Section 16.01.
Complete Taking is defined in Section 8.1.