Common use of Taking of Leasehold Clause in Contracts

Taking of Leasehold. Upon the total taking, Xxxxxx’s obligation to pay rent and other charges hereunder shall terminate on the date of taking, or possession given, whichever is earlier, but Xxxxxx’s interest in the leasehold shall continue until the taking is completed by deed, contract or final order of condemnation.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Taking of Leasehold. Upon the total taking, Xxxxxx’s obligation to pay rent and other charges hereunder shall terminate on the date of taking, or possession given, whichever is earlier, but Xxxxxx’s interest in the leasehold shall continue until the taking is completed by deed, contract contract, or final order of condemnation.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Taking of Leasehold. Upon the total a taking, Xxxxxx’s obligation to pay rent and other charges hereunder shall terminate on the date of taking, or possession given, whichever is earlier, but Xxxxxx’s interest in the leasehold shall continue until the taking is completed by deed, contract or final order of condemnation.

Appears in 1 contract

Samples: Lease Agreement

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