Common use of Full Taking Clause in Contracts

Full Taking. If all or substantially all of the Building or Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will terminate as of the date when the condemning authority takes physical possession of the Building or Premises.

Appears in 8 contracts

Samples: Lease Agreement (Solid Power, Inc.), Office Lease Agreement (Biovest International Inc), Lease Agreement (Medibuy Com Inc)

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Full Taking. If all or substantially all of the Building or Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will terminate as of the date the earlier of when the condemning authority takes physical possession of or title to the Building or Premises.

Appears in 3 contracts

Samples: Lease Agreement (Matria Healthcare Inc), Lease Agreement (CDW Computer Centers Inc), Lease Assignment (Odyssey Re Holdings Corp)

Full Taking. If all or substantially all of the Building or Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will shall terminate as of the earlier of the date when on which the condemning authority takes physical possession of or title to the Building or Premises.

Appears in 3 contracts

Samples: Office Lease (GrubHub Inc.), Office Lease (Cra International, Inc.), Office Lease (Learning Tree International Inc)

Full Taking. If all or substantially all of the Building or Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will terminate as of the earlier of the date when on which the condemning authority takes physical possession of or title to the Building or Premises.

Appears in 1 contract

Samples: Lease Agreement (Signal Apparel Company Inc)

Full Taking. If all or substantially all of the Building or Premises are permanently taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will terminate as of the date the earlier of when the condemning authority takes physical possession of or title to the Building or Premises.

Appears in 1 contract

Samples: Office Lease Agreement (Quixote Corp)

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Full Taking. If all or substantially all of the Building or the Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnation, then this Lease will terminate as of the date when the condemning authority takes physical possession of the Building or the Premises.

Appears in 1 contract

Samples: Lease Agreement (Encision Inc)

Full Taking. If all or substantially all of the Building or Premises are taken for any public or quasi-public use under any applicable Laws or by right of eminent domain, or are sold to the condemning authority in lieu of condemnationcondemnation and the taking would prevent or materially interfere with reasonable access to the Building entrances or use of the Premises for the purpose for which it is then being used, then this Lease will terminate as of the date when the condemning authority takes physical possession of the Building or Premises.

Appears in 1 contract

Samples: Office Lease Agreement (Intellon Corp)

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