Common use of Excessive Damage Clause in Contracts

Excessive Damage. Upon the destruction of or substantial damage to the Premises by any cause, or the taking of all or a substantial portion of the Premises by eminent domain, in either case making it impossible or impracticable to continue operation of the Premises.

Appears in 10 contracts

Samples: Property Management Agreement, Property Management Agreement, Agency and Property Management Agreement

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Excessive Damage. Upon the destruction of or substantial damage to the Premises by any cause, or the taking of all or a substantial portion of the Premise of the Premises by eminent domain, in either case making it impossible or impracticable to continue operation of the Premises.

Appears in 6 contracts

Samples: Management Agreement (Historic Preservation Properties 1990 Lp Tax Credit Fund), Management Agreement (Historic Preservation Properties 1989 Limited Partnership), Management Agreement (Historic Preservation Properties 1989 Limited Partnership)

Excessive Damage. Upon the destruction of or substantial damage to 50% or more of the Premises by any cause, or the taking of all or a substantial portion of 50% or more of the Premises by eminent domain, in either case making it impossible or impracticable to continue operation of the Premises.

Appears in 1 contract

Samples: Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Excessive Damage. Upon the destruction of or substantial damage to the Premises by any cause, or the taking of all or a substantial portion of the Premises by eminent domain, in either case making it impossible or impracticable to continue operation or management of the Premises.

Appears in 1 contract

Samples: Management Agreement

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