Common use of Full Taking Clause in Contracts

Full Taking. If all or substantially all of the Project, 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 Project, Building or Premises.

Appears in 3 contracts

Samples: Lease Agreement (Singulex Inc), Lease Agreement (Ryland Group Inc), Lease Agreement (First California Financial Group, Inc.)

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Full Taking. If all or substantially all of the Project, 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 or legal possession of the Project, Building or Premises.

Appears in 1 contract

Samples: Lease Agreement (eHealth, Inc.)

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Full Taking. If all or substantially all of the Project, Building Buildings 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 Project, Building Buildings or Premises.

Appears in 1 contract

Samples: Lease Agreement (Exelixis, Inc.)

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