Common use of Effect of Taking Clause in Contracts

Effect of Taking. (a) In the event that the whole or any part of the Premises shall be taken for public or quasi-public use or condemnation under eminent domain, this Lease shall terminate as to the part so taken on the date possession is yielded to the condemning authority.

Appears in 2 contracts

Samples: Indemnity and Insurance (Ciao Cucina Corp), Play Co Toys & Entertainment Corp

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Effect of Taking. (a) In the event that the whole or any part of the Premises shall be taken for public or quasi-public use or condemnation under eminent domain, this Lease shall terminate as to the part so taken on the date possession is yielded to the condemning authority.

Appears in 1 contract

Samples: Play Co Toys & Entertainment Corp

Effect of Taking. (a) In the event that the whole or any part of the Premises shall be is taken for public or quasi-public use or condemnation under eminent domain, this Lease shall will terminate as to the part so taken on the date possession is yielded to the condemning authority.

Appears in 1 contract

Samples: Lease (California Culinary Academy Inc)

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Effect of Taking. (a) In the event that the whole or any part of the Premises Premises, Property or Common Areas shall be taken for public or quasi-public use or condemnation under eminent domain, this Lease shall terminate as to the part so taken on the date possession is yielded to the condemning authority.

Appears in 1 contract

Samples: Business Lease (Classic Restaurants International Inc /Co/)

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