Effect of Total Condemnation. In the event the entire Demised Premises ---------------------------- shall be appropriated or taken under the power of eminent domain by any public or quasi-public authority, this Lease shall terminate and expire as of the date of such taking, and Lessee shall thereupon be released from any liability thereafter accruing hereunder.
Effect of Total Condemnation. In the event the entire demised premises shall be appropriated or taken under the power of eminent domain by any public or quasi-public authority, this Lease shall terminate and expire as of the date of such taking, and Tenant shall thereupon be released from any liability thereafter accruing hereunder.
Effect of Total Condemnation. In the event the entire Premises shall be appropriated or taken under the power of eminent domain by any public or quasi-public authority, this Agreement shall terminate and expire as of the date of such taking, and Lessee shall then be released from any liability thereafter accruing under this Agreement.
Effect of Total Condemnation. In the event that the entire Premises shall be appropriated or taken under the power of eminent domain by any public or quasi-public authority, this Lease shall be terminated and all proceeds shall be payable in the same manner as if the Premises were sold pursuant to Section 17 above.
Effect of Total Condemnation. In the event the entire Leased Area shall be appropriated or taken under the power of eminent domain by any public or quasi-‐public authority, this Agreement shall terminate and expire as of the date of such taking, and the parties shall then be released from any liability thereafter accruing under this Agreement.
Effect of Total Condemnation. In the event the entire Premises shall be appropriated or taken under the power of eminent domain by any public or quasi- public authority (a “Taking”), this Lease shall terminate and expire as of the date of such taking, and the Club and the City shall thereupon be released from any liability thereafter accruing hereunder. The Club shall have no claim to the award in condemnation for the fee title which shall entirely go to the City of Tempe, provided that the Club reserves its rights with respect to awards in condemnation for the leasehold estate under this Lease, all Club Fixtures and all other items of value (including funds expended by the Club in the renovation or construction of Improvements).
Effect of Total Condemnation. In the event the entire premises shall be appropriated or taken under the power of eminent domain by any public or quasi-public authority, this Sublease shall terminate and expire as of the date of such taking, and Xxxxxx and Covol shall thereupon be released from any liability thereafter accruing hereunder, except for Covol's obligations to indemnify and hold harmless Xxxxxx and Owner.
Effect of Total Condemnation
