Common use of Insurance and Condemnation Clause in Contracts

Insurance and Condemnation. In the event of any casualty to, or condemnation of, all or any part of the leased premises or any improvements now or hereafter located thereon, the provisions of the Leasehold Mortgages, relating thereto shall prevail over any provisions of this Lease relating thereto.

Appears in 3 contracts

Samples: Ground Lease, Ground Lease, Ground Lease

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Insurance and Condemnation. In the event of any casualty to, or condemnation of, all or any part of the leased premises or any improvements now or hereafter located thereon, the provisions of the Leasehold Mortgages, Mortgages relating thereto shall prevail over any provisions of this Lease relating theretoLease, subject to Section 5.3.

Appears in 1 contract

Samples: Ground Lease

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Insurance and Condemnation. In the event of any casualty to, or condemnation of, all or any part of the leased premises or any improvements now or hereafter located thereon, the provisions of the Leasehold Mortgages, Mortgages relating thereto shall prevail over any provisions of this Lease Agreement relating thereto.

Appears in 1 contract

Samples: Regulatory Agreement

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