Common use of GOVERNMENTAL POWER OF EMINENT DOMAIN Clause in Contracts

GOVERNMENTAL POWER OF EMINENT DOMAIN. Eminent Domain is the legal name for the right of a government such as the state or county or city to take private property for public use. The government must pay fair compensation to anyone who has any right in the property that is taken by the government. If all or any part of the leased premises (or the building within which the leased premises is located) is taken by eminent domain, this lease will end automatically. Landlord and Xxxxxx agree to release each other from any responsibility arising solely because the leased premises are taken by eminent domain and the lease has ended because of the taking.

GOVERNMENTAL POWER OF EMINENT DOMAIN. Eminent Domain domain is the legal name for the right of a government such as the state or county or city to take private property for public use. The government must pay fair compensation to anyone who has any right in the property that is taken by the government. If all or any part of the leased premises property (or the building within which the leased premises property is located) is taken by eminent domain, this lease will end automatically. Landlord and Xxxxxx tenant agree to release each other from any responsibility arising solely because the leased premises are property is taken by eminent domain and the lease has ended because of the takingended.

GOVERNMENTAL POWER OF EMINENT DOMAIN. Eminent Domain domain is the legal name for the right of a government such as the state or county or city to take private property for public use. The government must pay fair compensation to anyone who has any right in the property that is taken by the government. If all or any part of the leased premises (or the building within which the leased premises is located) is taken by eminent domain, this lease will end automatically. Landlord and Xxxxxx tenant agree to release each other from any responsibility arising solely because the leased premises are is taken by eminent domain and the lease has ended because of the takingended.