Common use of Substantial Taking Clause in Contracts

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 15 contracts

Samples: Office Building Lease (Alliance Bancshares California), Office Building Lease (Supergen Inc), Sublease (Thinka Weight Loss Corp)

AutoNDA by SimpleDocs

Substantial Taking. If Subject to the provisions of Section 19.4 below in case the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is shall be taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will shall have the right to terminate this Lease effective as of the date possession is required to be surrendered to such said authority.

Appears in 3 contracts

Samples: Office Lease (Armata Pharmaceuticals, Inc.), Office Lease (Silicon Image Inc), Office Lease (Websidestory Inc)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's ’s use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 3 contracts

Samples: Industrial Lease (Sintx Technologies, Inc.), Multi Tenant Net Commercial Lease (Encore Capital Group Inc), Industrial Lease (Mfic Corp)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's Lessee’s use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 2 contracts

Samples: Office Lease (Ign Entertainment Inc), Lease Agreement (Cotherix Inc)

Substantial Taking. If the whole of the Premises, Premises or such part thereof hereof as shall substantially interfere with Tenant's Tenant s use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 2 contracts

Samples: Lease Agreement (Litronic Inc), Early Possession Agreement (Litronic Inc)

Substantial Taking. If the whole of the Premises, The Premises or such part thereof hereof as shall substantially interfere with Tenant's Tenant s use and occupancy of the Premises, Premises as contemplated by this Lease, Lease is taken for any public or quasi-quasi- public purpose by any lawful power or authority by exercise of the right of appropriation, appropriation condemnation or eminent domain, domain or sold to prevent such taking, taking either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Lease Agreement (Litronic Inc)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-quasi- public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Interplay Entertainment Corp)

Substantial Taking. If In case the whole of the Premises, or such part thereof as shall substantially interfere with prevent the operation of Tenant's use and occupancy of business on the Premises, as contemplated by this Lease, is shall be taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, domain or sold to prevent or in lieu of such taking, either party will shall have the right to terminate this Lease effective as of the date possession is required to be surrendered to such said authority.

Appears in 1 contract

Samples: Lease Agreement (Integrated Management Information, Inc.)

Substantial Taking. If Subject to the provisions of Section 19.4 below in case the whole of the Premises, or of such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is shall be taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will shall have the right to terminate this Lease effective as of the date possession is required to be surrendered to such said authority.

Appears in 1 contract

Samples: Office Lease (Maxwell Laboratories Inc /De/)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any and lawful power or authority by exercise of the right of appropriation, condemnation condemnation, or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Virtual Mortgage Network Inc)

AutoNDA by SimpleDocs

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, Premises as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Maxwell Technologies Inc)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially interfere with TenantLessee's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Lease Addendum (Xcarenet Inc)

Substantial Taking. If the whole of the PremisesPremises or the Project, or such part thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Wave Systems Corp)

Substantial Taking. If the whole of the Premises, or such part thereof as shall substantially and adversely interfere with Tenant's ’s use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Quest Software Inc)

Substantial Taking. If the whole of the PremisesPremises or the Project, or such part thereof as shall substantially interfere with Tenant's ’s use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Office Building Lease (Monolithic System Technology Inc)

Substantial Taking. If the whole of the Premises, or such part ------------------ thereof as shall substantially interfere with Tenant's use and occupancy of the Premises, as contemplated by this Lease, is taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to prevent such taking, either party will have the right to terminate this Lease effective as of the date possession is required to be surrendered to such authority.

Appears in 1 contract

Samples: Sublease Agreement (Auto by Tel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!