Common use of Taking of Part of the Building Clause in Contracts

Taking of Part of the Building. If there is a taking of a part of the Building other than the Premises and if in the opinion of Landlord the Building should be restored in such a way as to materially alter the Premises, then Landlord may terminate the Term by giving notice to such effect to Tenant within sixty (60) days after the date of vesting of title in the condemnor and the Term shall terminate as of the date specified in such notice, which date shall not be less than sixty (60) days after the giving of such notice.

Appears in 4 contracts

Samples: Lease (Amazon Com Inc), Microvision Inc, Loudeye Technologies Inc

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Taking of Part of the Building. If there is a taking of a part of the Building other than the Premises and if in the opinion of Landlord the Building should be restored in such a way as to materially alter the Premises, then Landlord may terminate the Term by giving notice to such effect to Tenant within sixty (60) days after the date of vesting of title tide in the condemnor and the Term shall terminate as of the date specified in such notice, which date shall not be less than sixty (60) days after the giving of such notice.

Appears in 3 contracts

Samples: Office Lease (Watchguard Technologies Inc), Office Lease (Watchguard Technologies Inc), Office Lease (Watchguard Technologies Inc)

Taking of Part of the Building. If there is a taking of a part of the Building other than the Premises and if in the opinion of Landlord the Building should be restored in such a way as to materially alter the Premises, then Landlord may terminate the Term by giving notice to such effect affect to Tenant within sixty (60) days after the date of vesting of title in the condemnor and the Term shall terminate as of the date specified in such notice, which date shall not be less than then sixty (60) days after the giving of such notice.

Appears in 1 contract

Samples: Lease (iVOW, Inc.)

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Taking of Part of the Building. If there is a taking of a part of the Building other than the Premises and if in the opinion of Landlord the Building should be restored in such a way as to materially alter the PremisesPremises or in the event that a taking results in the inability of Tenant to comply with all laws concerning the Premises (particularly zoning laws and regulations), then either Landlord or Tenant may terminate the Term this Lease by giving notice to such effect to Tenant the other party within sixty (60) days after the date of vesting of title in the condemnor and the Term this Lease shall terminate as of the date specified in such notice, which date shall not be less than sixty (60) days after the giving of such notice.

Appears in 1 contract

Samples: Lease Agreement (Lmi Aerospace Inc)

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