Common use of Taking of Premises Clause in Contracts

Taking of Premises. If all or any part of the Premises or the ------------------- Common Area is taken by means of (i) any taking by the exercise of the power of eminent domain, whether by legal proceedings or otherwise, (ii) a voluntary sale or transfer by Landlord to any condemnor under threat of condemnation or while legal proceedings for condemnation are pending, or (iii) any taking by inverse condemnation (a "Condemnation"), and the Premises and the Common Area cannot be reconstructed within a reasonable period of time and thereby made reasonably suitable for Tenant's continued occupancy for Tenant's intended use, then Tenant shall have the option of terminating this Lease. Any such option to terminate by Tenant must be exercised within a reasonable period of time, and will be effective as of the date that possession of the Premises is taken by the condemnor.

Taking of Premises. If all or any part of the Premises or the ------------------- Common Area Building is taken by means of (i) any taking by the exercise of the power of eminent domain, whether by legal proceedings or otherwise, (ii) a voluntary sale or transfer by Landlord to any condemnor under threat of condemnation or while legal proceedings for condemnation are pending, or (iii) any taking by inverse condemnation (a "Condemnation"), and any material portion of the Premises and or the Common Area Building cannot be reconstructed within a reasonable period of time and thereby made reasonably suitable for Tenant's continued occupancy for Tenant's intended usethe Permitted Use, then Tenant shall have the option of terminating to terminate this Lease. Any such option to terminate by Tenant must be exercised within a reasonable period of time, and will to be effective as of the date that possession of the Premises is taken by the condemnorcondemning authority.

Taking of Premises. If all or any part of the Premises or the ------------------- Common Area ------------------ Building is taken by means of (i) any taking by the exercise of the power of eminent domain, whether by legal proceedings or otherwise, (ii) a voluntary sale or transfer by Landlord to any condemnor under threat of condemnation or while legal proceedings for condemnation are pending, or (iii) any taking by inverse condemnation (a "Condemnation"), and any portion of the Premises and or the Common Area Building cannot be reconstructed within a reasonable period of time and thereby made reasonably suitable for Tenant's continued occupancy for Tenant's intended usethe Permitted Use, then Tenant shall have the option of terminating to terminate this Lease. Any such option to terminate by Tenant must be exercised within a reasonable period of time, and will to be effective as of the date that possession of the Premises is taken by the condemnor.

Taking of Premises. If all or any part of the Premises or the ------------------- Common Area is taken ------------------ by means of (i) any taking by the exercise of the power of eminent domain, whether by legal proceedings or otherwise, (ii) a voluntary sale or transfer by Landlord to any condemnor under threat of condemnation or while legal proceedings for condemnation are pending, or (iii) any taking by inverse condemnation (a "Condemnation"), and any portion of the Premises and the Common Area cannot be reconstructed within a reasonable period of time and thereby made reasonably suitable for Tenant's continued occupancy for Tenant's intended usethe Permitted Use, then Tenant shall have the option of terminating to terminate this Lease. Any such option to terminate by Tenant must be exercised within a reasonable period of time, and will to be effective as of the date that possession of the Premises is taken by the condemnor.