Common use of Rights of Termination for Taking Clause in Contracts

Rights of Termination for Taking. Except as hereinafter provided in Section 7.7 hereof, if the Premises, or such a portion thereof as to render the balance (if reconstructed to the maximum extent practicable in the circumstances) unsuitable for occupancy (such determination to be made by exercising reasonable business judgment), shall be taken by condemnation or right of eminent domain, Landlord or Tenant shall have the right to terminate this Lease by notice to the other of its desire to do so, provided that such notice is given not later than thirty (30) days after Tenant has been deprived of possession. Further, if so much of the Building shall be so taken that continued operation of the Building would be uneconomical, Landlord shall have the right to terminate this Lease by giving notice to Tenant of Landlord’s desire to do so not later than thirty (30) days after the effective date of such taking. Should any part of the Premises be so taken or condemned during the Lease Term hereof, and should this Lease not be terminated in accordance with the foregoing provisions or Section 7.9 hereof, Landlord agrees to use due diligence to put what may remain of the Premises (consistent, however, with governmental laws and codes then in existence) into proper condition for use and occupation as close to the condition of the Premises prior to such taking as shall be practicable.

Rights of Termination for Taking. Except as hereinafter provided in Section 7.7 hereof, if If the Premises, or such a portion thereof as to render the balance (if reconstructed to the maximum extent practicable in the circumstances) physically unsuitable for occupancy (such determination to be made by exercising reasonable business judgment)Tenant's purposes, shall be taken (including a temporary taking in excess of 180 days) by condemnation or right of eminent domaindomain or sold in lieu of condemnation, Landlord or Tenant shall have the right may elect to terminate this Lease by giving notice to the other of its desire to do so, provided that such notice is given election not later than thirty (30) days after Tenant has been deprived of possession. Further, if so much of the Building (which may include the Premises) or the Lot shall be so taken taken, condemned or sold or shall receive any direct or consequential damage by reason of anything done pursuant to public or quasi-public authority such that continued operation of the Building would same would, in Landlord's opinion, be uneconomical, Landlord shall have the right may elect to terminate this Lease by giving notice to Tenant of Landlord’s desire to do so such election not later than thirty (30) days after the effective date of such taking. Landlord shall only have the right to terminate this Lease if Landlord simultaneously terminates the leases of all other tenants of the Building similarly affected by such condemnation or taking. Should any part of the Premises be so taken or condemned during the Lease Term hereof, or receive such damage and should this Lease be not be terminated in accordance with the foregoing provisions or Section 7.9 hereofprovisions, Landlord agrees to use due diligence to put what may remain of shall promptly restore the Premises (consistent, however, with governmental laws and codes then in existence) into proper condition for use and occupation as close to an architectural unit that is reasonably suitable to the condition uses of the Premises prior to such taking as shall be practicableTenant permitted hereunder.

Rights of Termination for Taking. Except as hereinafter provided in Section 7.7 hereof, if If the Premises, or such a portion thereof as to render the balance (if reconstructed to the maximum extent practicable in the circumstances) unsuitable for occupancy (such determination to be made by exercising reasonable business judgment)Tenant's purposes, shall be taken by condemnation or right of eminent domain, or other parts of the Centre are so taken, reducing parking within the Common Areas of the Centre to such an extent that adequate parking facilities to serve the Building are unavailable, Landlord or Tenant shall have the right to terminate this Lease by notice to the other of its desire to do so, provided that such notice is given not later than thirty (30) days after Tenant has been deprived of possession. Further, if so much of the Building shall be so taken that continued operation of the Building would be uneconomicaluneconomic, Landlord shall have the right to terminate this Lease by giving notice to Tenant of Landlord’s 's desire to do so not later than thirty (30) days after the effective date of such taking. Should any part of the Premises be so taken or condemned during the Lease Term hereof, and should this Lease not be terminated in accordance with the foregoing provisions or Section 7.9 hereofprovisions, Landlord agrees to use due diligence to put what may remain of the Premises (consistent, however, with governmental laws and codes then in existence) into proper condition for use and occupation as close to nearly like the condition of the Premises prior to such taking as shall be practicable.