Common use of EXCESSIVE DAMAGE Clause in Contracts

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

Appears in 3 contracts

Samples: Interlocal Agreement, Apartment Management Agreement (Bluerock Residential Growth REIT, Inc.), www.gaulerrealty.com

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

Appears in 3 contracts

Samples: Residential Property Management Agreement, Management Agreement, Residential Property Management Agreement

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