Common use of Notice of Taking Clause in Contracts

Notice of Taking. Upon its receipt of a formal notice of condemnation or taking, McLeodUSA shall notify IRU Grantee immediately of such condemnation proceeding filed against the McLeodUSA Cable, including the IRU Fibers, or the Rights in or upon which the IRU Fibers have been installed. McLeodUSA shall also notify IRU Grantee as soon as practicable if it becomes aware of circumstances out of which a condemnation or taking is likely to arise.

Appears in 4 contracts

Samples: Iru Agreement, Right of Use Agreement, Iru Agreement (Norlight Telecommunications, Inc.)

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