Common use of Notice of Condemnation Clause in Contracts

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 7 contracts

Samples: Development Agreement, Development Agreement, Development and Disposition Agreement

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Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 4 contracts

Samples: Development and Disposition Agreement, Development and Disposition Agreement, Development Parcel Agreement

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the Premises or Tenant’s leasehold estate or any part thereof, or the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 3 contracts

Samples: Land and Improvements Lease, Land and Improvements Lease, Modification Agreement

Notice of Condemnation. In the event If any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that if an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 2 contracts

Samples: Land and Improvements Lease, Land and Improvements Lease

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened takingtaking (taking into account Landlord’s assignment pursuant to the last sentence of Section 14.1). No agreement, settlement, conveyance or transfer to or with the condemning authority affecting the Premises or Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s 's leasehold estate or any part theretothereof, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the Premises, or Tenant's leasehold estate or any part thereof, or the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 2 contracts

Samples: Development Agreement, Land and Improvements Lease

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s 's leasehold estate or any part thereto, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 1 contract

Samples: Development Agreement

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Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s leasehold estate or any part theretothereof, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 1 contract

Samples: Land and Improvements Lease

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s 's leasehold estate or any part theretothereof, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 1 contract

Samples: Development Agreement

Notice of Condemnation. In the event any action is filed to condemn the Premises or Tenant’s 's leasehold estate or any part thereof by any public or quasi-quasi- public authority under the power of eminent domain or in the event that an action is filed to acquire the temporary use of the Premises or Tenant’s 's leasehold estate or any part theretothereof, or in the event that action is threatened or any public or quasi-public authority communicates to Landlord or Tenant its desire to acquire the temporary use thereof, by a voluntary conveyance or transfer in lieu of condemnation, either Landlord or Tenant shall give prompt notice thereof to the other and to any Leasehold Mortgagee. Landlord, Tenant and each Leasehold Mortgagee shall each have the right, at its own cost and expense, to represent its respective interest in each proceeding, negotiation or settlement with respect to any taking or threatened taking. No agreement, settlement, conveyance or transfer to or with the condemning authority affecting Tenant’s 's leasehold interest shall be made without the consent of Tenant and each Leasehold Mortgagee.

Appears in 1 contract

Samples: Escrow Agreement

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