Common use of Definition of “Condemnation Clause in Contracts

Definition of “Condemnation. As used in this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of any government power (by legal proceedings or otherwise), by any public or quasi-public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation are pending.

Appears in 2 contracts

Samples: Agreement (Starent Networks, Corp.), Sublease Agreement (Starent Networks, Corp.)

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Definition of “Condemnation. As used in this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of any government power (by legal proceedings or otherwise), ) by any public or quasi-public authority or by any other party having the right of to eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of or exercise of eminent domain by a Condemnor or while legal proceedings for condemnation Condemnation are pending.

Appears in 2 contracts

Samples: Lease Agreement (Zev Ventures Inc.), Lease Agreement (Full Spectrum Inc.)

Definition of “Condemnation. As used in this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of any government power (by legal proceedings or otherwise), ) by any public or quasi-quasi public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation are pending.

Appears in 1 contract

Samples: Acc Consumer Finance Corp

Definition of “Condemnation. As used in For purposes of this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of ” shall mean any government power (by legal proceedings or otherwise)and all condemnations, by any eminent domain proceedings, takings for public or quasi-public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation are pendingquasipublic use and private purchases in lieu thereof.

Appears in 1 contract

Samples: Office Lease Agreement

Definition of “Condemnation. As used in this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of any government power (by legal proceedings or otherwise), ) by any public or quasi-public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation are pending.

Appears in 1 contract

Samples: Stock Grant Agreement (Quokka Sports Inc)

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Definition of “Condemnation. As used in this Lease, the term "Condemnation" means a permanent taking through (a) the exercise of any government power (by legal proceedings or otherwise), ) by any public or quasi-public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation are pending.

Appears in 1 contract

Samples: Office Lease (Inpixon)

Definition of “Condemnation. As used in this Lease, the term "Condemnation (Condemnation" ) means a permanent taking or a temporary taking in excess of two hundred seventy (270) days through (a) the exercise of any government power (by legal proceedings or otherwise), ) by any public or quasi-public authority or by any other party having the right of eminent domain (Condemnor) or (b) a voluntary sale or transfer by Landlord to any Condemnor, either under threat of exercise of eminent domain by a Condemnor or while legal proceedings for condemnation eminent domain are pending.

Appears in 1 contract

Samples: Lease (Spectranetics Corp)

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