EMINENT DOMAIN, TERMINATION OF LEASE. If the Premises are taken via eminent domain, in whole or in part, then either Party may cancel and terminate this Lease and the current rent shall be properly apportioned to the date of such taking. In such event the entire damages which may be awarded shall be apportioned between Landlord and Tenant, as their interests appear.
Appears in 9 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
EMINENT DOMAIN, TERMINATION OF LEASE. If the leased Premises are shall be taken via by right of eminent domain, in whole or in part, then this lease, at the option of either Party may cancel party, shall forthwith cease and terminate this Lease and the current rent shall be properly apportioned to the date of such taking. In ; and in such event the entire damages which may be awarded for such taking shall be apportioned between Landlord Lessor and TenantLessee, as their interests appear.
Appears in 1 contract
Samples: Master Lease Agreement
EMINENT DOMAIN, TERMINATION OF LEASE. If the Premises are taken via eminent domain, in whole or in part, then either Party may cancel and terminate this Lease and the current rent shall be properly apportioned to the date of such taking. In such event the entire damages which may be awarded shall be apportioned between Landlord and Tenant, as their interests appear.appear subject to any interest held by the U.S.
Appears in 1 contract
Samples: Lease Agreement
