Common use of Permanent Taking Clause in Contracts

Permanent Taking. If all or any part of the Premises, Complex or the Building is permanently taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation) which renders the Premises substantially untenantable, this Lease shall terminate as of the date title vests in such authority, and Monthly Base Rental shall be apportioned as of such date.

Permanent Taking. If all or any part of the Premises, Complex the Building or the Building Complex is permanently taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation) ), which renders the Premises substantially untenantable, or if Landlord otherwise elects by written notice to terminate this Lease as a result of such condemnation, this Lease shall terminate as of the date title vests in such authority, and Monthly Base Rental Rent shall be apportioned as of such date.

Permanent Taking. If all or any part of the Premises, Complex the Building or the Building Complex is permanently taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation) ), which renders the Premises substantially untenantable, this Lease shall terminate as of the date title vests in such authority, and Monthly Base Rental Rent shall be apportioned as of such date.

Permanent Taking. If all or any part of the Premises, Complex Premises or the Building is permanently taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation) ), which renders more than fifty percent (50%) of the Premises substantially untenantable, this Lease shall terminate as of the date title vests in such authority, and Monthly Base Rental Rent and Tax and Operating Expense Rent shall be apportioned as of such date.