Common use of Damage, Destruction and Condemnation Clause in Contracts

Damage, Destruction and Condemnation. In the event that at any time during the Term the whole or part of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which the Lessee and those authorized to exercise such right are parties, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a “Loss Event”):

Appears in 18 contracts

Samples: Agency Lease Agreement, Agency Lease Agreement, Agency Lease Agreement

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Damage, Destruction and Condemnation. (a) In the event that at any time during the Term term of this Agreement the whole or part of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which among the Agency, the Lessee and those authorized to exercise such right are partiesright, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a “Loss Event”):)

Appears in 10 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Damage, Destruction and Condemnation. (a) In the event that at any time during the Term term of this Agreement the whole or part substantially all of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which between the Lessee Agency and those authorized to exercise such right are partiesright, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a "Loss Event"):

Appears in 2 contracts

Samples: Lease Agreement (Keyspan Corp), Lease Agreement (Keyspan Corp)

Damage, Destruction and Condemnation. In the event that at any time during the Term term of this Agreement the whole or material part of the Facility Realty shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which the Lessee and those authorized to exercise such right are parties, or if the temporary use of the Facility Realty shall be so taken by condemnation or agreement (a “Loss Event”):

Appears in 2 contracts

Samples: Agency Lease Agreement, Agency Lease Agreement

Damage, Destruction and Condemnation. In the event that at any time during the Term the whole or part of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which the Lessee and those authorized to exercise such right are parties, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a “Loss Event”):Event”):‌

Appears in 1 contract

Samples: Agency Lease Agreement

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Damage, Destruction and Condemnation. In the event that at any time during the Term term of this Agreement the whole or part of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which the Lessee Company and those authorized to exercise such right are parties, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a “Loss Event”):

Appears in 1 contract

Samples: Mortgage and Security Agreement (Acadia Realty Trust)

Damage, Destruction and Condemnation. In the event that at any time during the Term the whole or part of the Facility shall be damaged or destroyed, or taken or condemned by a competent authority for any public use or purpose, or by agreement to which the Lessee Institution and those authorized to exercise such right are parties, or if the temporary use of the Facility shall be so taken by condemnation or agreement (a “Loss Event”):

Appears in 1 contract

Samples: Loan Agreement

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