Common use of Complete Taking Clause in Contracts

Complete Taking. If all or substantially all of the Premises is taken by condemnation, sale in lieu of condemnation or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease and the term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 2 contracts

Samples: Office Lease (Broadpoint Securities Group, Inc.), Building Lease (Media Metrix Inc)

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Complete Taking. If all or substantially all the whole of the Building or the Premises --------------- is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease and the term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Data Center Space Lease (Theglobe Com Inc)

Complete Taking. If all or substantially all of the Building and/or the Premises is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease and the term Term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking")earlier, and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Office Space Lease (Star Multi Care Services Inc)

Complete Taking. If all or substantially all of the Premises is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease and the term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Office Space Lease (Fahnestock Viner Holdings Inc)

Complete Taking. If all the whole of the Building or substantially all of the Premises is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-quasi public use or purpose ("Eminent Domain"), this Lease Sublease and the term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Sublease (Focal Communications Corp)

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Complete Taking. If all the whole of the Building or substantially all of the Premises is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease and the term Term and estate hereby granted shall terminate as of the earlier of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier possession (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Office Lease (Powersource Corp)

Complete Taking. If all the whole of the Building or substantially all of the Premises is taken by condemnation, sale in lieu of condemnation condemnation, or in any other manner for any public or quasi-public use or purpose ("Eminent Domain"), this Lease Sublease and the term and estate hereby granted shall terminate as of the date of vesting of title on such taking or the date that the condemning or purchasing authority takes possession, whichever is earlier (the "Date of the Taking"), and the Rents shall be prorated and adjusted as of such date.

Appears in 1 contract

Samples: Sublease Agreement (Vitalstream Holdings Inc)

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