Partial Taking. If a portion of the Leased Property of, and any Tenant Capital Improvements to, a Facility are taken by Condemnation, this Master Lease shall remain in effect if the affected Facility is not thereby rendered Unsuitable for Its Primary Intended Use, but if such Facility is thereby rendered Unsuitable for Its Primary Intended Use, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.
Appears in 19 contracts
Samples: Master Lease (Caesars Entertainment, Inc.), Master Lease (Gaming & Leisure Properties, Inc.), Master Lease (PENN Entertainment, Inc.)
Partial Taking. If a portion of the Leased Property of, and any Tenant Capital Improvements to, Additions of a Facility are is taken by Condemnation, this Master Lease shall remain in effect if the affected Facility is not thereby rendered Unsuitable for Its Primary Intended Use, but if such Facility is thereby rendered Unsuitable for Its its Primary Intended Use, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.
Appears in 3 contracts
Samples: Project Bond Lease Portfolio (Emeritus Corp\wa\), Master Lease and Security Agreement (Emeritus Corp\wa\), Master Lease (Emeritus Corp\wa\)
Partial Taking. If a portion of the Leased Property of, and any Tenant Capital Improvements Additions to, a Facility are taken by Condemnation, this Master Lease shall remain in effect if the affected Facility is not thereby rendered Unsuitable for Its Primary Intended Use, but if such Facility is thereby rendered Unsuitable for Its its Primary Intended Use, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.
Appears in 2 contracts
Samples: Master Lease (SHG Services, Inc.), Master Lease (Sabra Health Care REIT, Inc.)
Partial Taking. If a portion of the Leased Property of, and any Tenant Capital Improvements to, a Facility are Additions is taken by Condemnation, this Master Lease shall remain in effect if the affected Facility is not thereby rendered Unsuitable for Its its Primary Intended Use, but if such Facility is thereby rendered Unsuitable for Its its Primary Intended Use, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.
Appears in 2 contracts
Samples: Master Lease Agreement, Master Lease (Capital Senior Living Corp)
Partial Taking. If a portion of the Leased Property of, and any Tenant Capital Improvements to, a Facility are Additions is taken by Condemnation, this Master Lease shall remain in effect if the affected such Facility is not thereby rendered Unsuitable for Its Primary Intended Use, but if such Facility is thereby rendered Unsuitable for Its its Primary Intended Use, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such FacilityTaking.
Appears in 1 contract
Samples: Master Lease (Ensign Group, Inc)
