Common use of NOTICE OF CONDEMNATION; RIGHT OF WAY MATTERS Clause in Contracts

NOTICE OF CONDEMNATION; RIGHT OF WAY MATTERS. Seller has received no notice of any threatened or contemplated action by any Governmental Authority having the power of eminent domain, which might result in any part of the Property being taken by condemnation or conveyed in lieu thereof. Seller shall, promptly upon receiving any such notice, give Buyer written notice thereof.

Appears in 14 contracts

Samples: Purchase and Sale Agreement (Conam Realty Investors 81 L P), Purchase and Sale Agreement (Conam Realty Investors 2 L P), Purchase and Sale Agreement (Conam Realty Investors 2 L P)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!