Common use of CASUALTY LOSS OR CONDEMNATION Clause in Contracts

CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the Texas Property Code governs the rights and obligations of the parties regarding a casualty loss to the Property. Any proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property will be Landlord’s sole property. For the purpose of this lease, any condemnation of all or a part of the property is a casualty loss.

Appears in 4 contracts

Samples: Government Center Lease Agreement, Government Center Lease Agreement, Center Lease Agreement

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CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the 92.054, Texas Property Code governs the rights and obligations of the parties regarding a casualty loss to the PropertyPremises. Any proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property Premises will be Landlord’s sole property. For the purpose of this lease, any condemnation of all or a part of the property Premises is a casualty loss.

Appears in 3 contracts

Samples: www.riseatnorthgate.com, torreatx.com, livelifetower.com

CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the Texas Property Code governs the rights and obligations of the parties regarding a any casualty loss to the Property. Any proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property will be the sole property of Landlord’s sole property. For the purpose of this leaseLease, any condemnation of all or a part of the property Property is a casualty loss.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the Texas Property Code governs the rights and obligations of the parties regarding a any casualty loss to the Property. Any proceeds, payment for damages, damages settlements, awards, or other sums paid because of a casualty loss to the Property will be the sole property of the Landlord’s sole property. For the purpose of this leaseLease, any condemnation of all or a part of the property Property is a casualty loss.

Appears in 2 contracts

Samples: Residential Lease Agreement, Residential Lease Agreement

CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the Texas Property Code governs the rights and & obligations of the parties regarding a any casualty loss to the Property. Any proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property will be the sole property of Landlord’s sole property. For the purpose of this leaseLease, any condemnation of all or a part of the property Property is a casualty loss.

Appears in 1 contract

Samples: Properties Lease Agreement

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CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the Texas Property Code 92.054 governs the rights and obligations of the parties regarding a casualty loss to the Property. Any All proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property will be Landlord’s 's sole propertyproperty and Tenant assigns to Landlord all of such proceeds otherwise payable to Tenant. For the purpose of this leaseLease, any eminent domain proceedings for or condemnation of all or a part of the property Property is a casualty loss.

Appears in 1 contract

Samples: timberviewproperties.managebuilding.com

CASUALTY LOSS OR CONDEMNATION. Section 92.054 of the 92.054, Texas Property Code governs the rights and obligations of the parties regarding a casualty loss to the Property. Any proceeds, payment for damages, settlements, awards, or other sums paid because of a casualty loss to the Property will wil be Landlord’s 's sole property. For the purpose of this lease, any condemnation of all al or a part of the property Property is a casualty loss.

Appears in 1 contract

Samples: dbbroker.com

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