Common use of Condemnation and Casualty Clause in Contracts

Condemnation and Casualty. 12.1. If there is any damage to or destruction of the Building, the Demised Premises or any portions thereof, or if any proceedings or negotiations are instituted which do or may result in a taking by condemnation or eminent domain (“Taking”), each party will promptly give notice thereof to the other, describing the nature and extent thereof.

Appears in 3 contracts

Samples: Acceptance Agreement, Acceptance Agreement, Governmental Real Estate Lease

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Condemnation and Casualty. 12.111.1. If there is any damage to or destruction of the Building, the Demised Premises or any portions thereof, or if any proceedings or negotiations are instituted which do or may result in a taking by condemnation or eminent domain (“Taking”), each party will promptly give notice thereof to the other, describing the nature and extent thereof.

Appears in 2 contracts

Samples: Acceptance Agreement, Governmental Real Estate Lease

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Condemnation and Casualty. 12.111.1. If there is be any damage to or destruction of the Building, the Demised Premises or any portions thereof, or if any proceedings or negotiations are instituted which do or may result in a taking by condemnation or eminent domain (“Taking”), each party will promptly give notice thereof to the other, describing the nature and extent thereof.

Appears in 2 contracts

Samples: Carolina ) Lease Agreement, Carolina ) Lease Agreement

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