Common use of Adverse Impact Clause in Contracts

Adverse Impact. If any part of the Property shall be taken by shall be taken or condemned by any action or proceeding brought for the purpose of any taking of the fee of the Property or any part thereof, or interest therein, by competent authority as a result of the exercise of the power of eminent domain, including a voluntary sale to such authority either under threat of condemnation or while such action or proceeding is pending, which partial taking renders the Premises unsuitable for operation of the business of Lessee in Lessee's opinion, Lessee shall have the right, at the Lessee’s election evidenced by prior written notice to Lessor given within thirty (30) days after vesting date, to cancel and terminate this Lease.

Adverse Impact. If any part of the Property shall be taken by shall be taken or condemned by any action or proceeding brought for the purpose of any taking of the fee of the Property or any part thereof, or interest therein, by competent authority as a result of the exercise of the power of eminent domain, including a voluntary sale to such authority either under threat of condemnation or while such action or proceeding is pending, which partial taking renders the Premises unsuitable for operation of the business of Lessee Xxxxxx in LesseeXxxxxx's opinion, Lessee shall have the right, at the Lessee’s election evidenced by prior written notice to Lessor given within thirty (30) days after vesting date, to cancel and terminate this Lease.