Taking of Entire Premises. If the whole of the Premises is condemned by any legally constituted authority, this Lease shall cease from the date of such taking and Base and Additional Rents shall be accounted for between Library and Tenant as of the date of such taking, and neither Party shall have a claim against the other for Base and Additional Rents or other value of this Lease for the unexpired portion of the Term.
Taking of Entire Premises. In the event of a Taking of the entire Premises during the Lease Period, this Agreement shall terminate as of the Taking Date. Promptly after such Taking Date, Lessor shall refund to Lessee any prepaid but unearned Rent.
Taking of Entire Premises. If the entire Premises shall be taken by any public or quasi-public authority under any statute or under the power of eminent domain or by private sale to the condemning authority, or to its designee, under the threat of eminent domain (hereinafter referred to as a "Taking"), then this Ground Lease shall automatically terminate as of the date Children’s Museum is deprived of possession or access to the Premises or the date title thereto vests in the condemning authority, or its designee, whichever date occurs first.
Taking of Entire Premises. In the event that the entire Premises are taken by condemnation or eminent domain, then this Lease shall terminate on the date when title passes to the taking authority, and Rent shall be pro rated and paid to such date.
Taking of Entire Premises. If the whole or a material portion (as determined by Tenant) of the Premises shall be taken by condemnation or eminent domain, then the term hereof shall cease as of the day of the vesting of title or as of the day possession shall be so taken, whichever is earlier. If this Lease is so terminated, all rent or other charges payable by Tenant shall be prorated to the date of termination.
Taking of Entire Premises. In the event that the whole of the Demised Premises shall be permanently taken or condemned for a public or quasi-public use or purpose by any competent authority then, and in that event, the term of this Lease shall terminate from the date when possession of the Demised Premises shall be required for such use or purpose and any award, compensation or damages (sometimes hereinafter referred to as the “award”) shall belong to the Lessor, but nothing herein shall preclude Lessee from proving its damages and receiving its award on account of a taking of Lessee’s trade fixtures or furniture, or relocation expenses; and by way of confirmation, Lessee grants to Lessor all Lessee’s rights to such damages and covenants to execute and deliver such further instruments or assignments thereof as Lessor may from time to time request.
Taking of Entire Premises. If the entire Premises shall be taken by any public or quasi-public authority under any statute or under the power of eminent domain or by private sale to the condemning authority, or to its designee, under the threat of eminent domain (herein a "Taking"), then this lease shall automatically terminate as of the date Tenant is deprived of possession of or access to the Premises or the date title thereto vests in the condemning authority, or its designee, whichever date occurs first.
