Common use of Condemnation or Casualty Clause in Contracts

Condemnation or Casualty. FCRHA will notify LAC4-South of any (i) condemnation or taking by eminent domain of any portions of the Property or (ii) casualty event affecting the Property. LAC4-South and the FCRHA agree that the FCRHA has no obligation to restore the Property in the event of a condemnation or casualty event.

Appears in 1 contract

Samples: Ground Lease

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Condemnation or Casualty. FCRHA will notify LAC4LAC9-South North of any (i) condemnation or taking by eminent domain of any portions of the Property or (ii) casualty event affecting the Property. LAC4LAC9-South North and the FCRHA agree that the FCRHA has no obligation to restore the Property in the event of a condemnation or casualty event.

Appears in 1 contract

Samples: Ground Lease

Condemnation or Casualty. FCRHA will notify LAC4LAC9-South of any (i) condemnation or taking by eminent domain of any portions of the Property or (ii) casualty event affecting the Property. LAC4LAC9-South and the FCRHA agree that the FCRHA has no obligation to restore the Property in the event of a condemnation or casualty event.

Appears in 1 contract

Samples: Ground Lease

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Condemnation or Casualty. FCRHA will notify LAC4-South North of any (i) condemnation or taking by eminent domain of any portions of the Property or (ii) casualty event affecting the Property. LAC4-South North and the FCRHA agree that the FCRHA has no obligation to restore the Property in the event of a condemnation or casualty event.

Appears in 1 contract

Samples: Ground Lease

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