Definition of Taking. As used herein, a “taking” means the acquisition of all or part of the Property for a public use by exercise of the power of eminent domain or voluntary conveyance in lieu thereof and the taking shall be considered to occur as of the earlier of the date on which possession of the Property (or part so taken) by the entity exercising the power of eminent domain is authorized as stated in an order for possession or the date on which title to the Property (or part so taken) vests in the entity exercising the power of eminent domain.
Definition of Taking. The term "
Definition of Taking. As used herein, a "TAKING" means the acquisition of all or part of the Building for a public use by exercise of the power of eminent domain or voluntary conveyance in lieu thereof and the taking shall be considered to occur as of the earlier of the date on which possession of the Building (or part so taken) by the entity exercising the power of eminent domain is authorized as stated in an order for possession or the date on which title to the Building (or part so taken) vests in the entity exercising the power of eminent domain.
Definition of Taking. As used in this Section 7, the term “taking” or “taken” shall include both condemnation and any voluntary conveyance in lieu of, or under threat of, condemnation.
Definition of Taking. The term "taking" as used herein means the exercise by any governmental or other permitted authority of the power of eminent domain, including but not limited to the Harbor District, or the exercise of any similar governmental power and any purchase or other acquisition in lieu of condemnation, including, but not limited to, a voluntary sale or conveyance in lieu of condemnation.
Definition of Taking. If the Premises are acquired or damaged by the exercise of the right of eminent domain or by the change of grade of adjacent street(s) or other activity by a public authority, whether or not such damage involves a physical taking of any portion of the Premises, this shall be considered a taking. If the extent of the taking is such that the Premises are no longer suitable for the purpose of the tenancy, this shall be considered a total taking. Any other taking shall be considered a partial taking.
Definition of Taking. 29 12.5 Exclusive Remedy ..............................................................................29 ARTICLE 13
Definition of Taking. As used herein, a "taking" means the -------------------- acquisition of all or part of the Building for a public use by exercise of the power of eminent domain or voluntary conveyance in lieu thereof and the taking shall be considered to occur as of the earlier of the date on which possession of the Building (or part so taken) by the entity exercising the power of eminent domain is authorized as stated in an order for possession or the date on which title to the Building (or part so taken) vests in the entity exercising the power of eminent domain.
Definition of Taking. If there is any taking of, or damage to, all or part of the Premises, or any interest therein because of the exercise of the power of eminent domain or inverse condemnation, whether by condemnation proceedings or otherwise, or any transfer of any part thereof or any interest therein made in avoidance thereof (all of the foregoing being hereinafter referred to as “taking”) during the Term hereof, the rights and obligations of the Parties with respect to such taking shall be as provided in this Article.
Definition of Taking. The term “taking” as used in this Section means condemnation by exercise of the power of eminent domain or by sale under threat of the exercise of the power of eminent domain. A “total taking” is the taking of an interest in all or part of the Community, including the Resident’s Home Site, such that the ownership, operation and use of the Community in accordance with the provisions of this Agreement is substantially and adversely affected and restoration or replacement of the Common Areas and Community Facilities is not feasible. A “partial taking” is a taking of an interest in a part of the Community that does not include the Resident’s Home Site; it may or may not include all or a part of the Common Areas or Community Facilities, but not those parts needed to allow the Resident the use and enjoyment of the Home Site.