Common use of TAKING OF PRIVATE PROPERTY Clause in Contracts

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are taken: 1) LANDLORD can end this LEASE; 2) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and 3) TENANT, by signing this LEASE, has assigned to LANDLORD any rights which TENANT may have to any money paid by the legal authorities for or relating to the taking of the PROPERTY.

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation.". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are takenis taken by any legal authorities: 1(i) LANDLORD can end may terminate this LEASE; 2(ii) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and 3(iii) TENANT, by signing this LEASE, has assigned to LANDLORD any rights which TENANT may have to any money paid by the legal authorities for or relating to the taking of the PROPERTY.

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are taken: 1) LANDLORD can end this LEASE; 2) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and 3) TENANT, by signing this LEASE, has assigned to LANDLORD any rights which TENANT may have to any money paid by the legal authorities for or relating to the taking of the PROPERTY.

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are taken: 1) LANDLORD can end this LEASELEASE for any part of the PROPERTY, which is taken; 2) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and, 3) TENANT, by signing this LEASE, has assigned given to LANDLORD any rights rights, which TENANT may have to any money paid by the legal authorities for or relating to the taking of the PROPERTY.

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are taken: 1) LANDLORD can end may terminate this LEASELEASE for any part of the PROPERTY which is taken; 2) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and 3) TENANT, by signing this LEASE, has assigned given to LANDLORD any rights rights, which TENANT may have to any money paid to LANDLORD by the legal authorities for or relating to the taking of the PROPERTY.

TAKING OF PRIVATE PROPERTY. a) Legal authorities are able to take property after paying for it. This is known as "condemnation". b) TENANT agrees that if the PROPERTY, part of the PROPERTY, or the land on which the PROPERTY is located are taken: 1) LANDLORD can end this LEASE; 2) LANDLORD is not responsible for claims of TENANT for inconvenience or loss of use of the PROPERTY or any part of the PROPERTY; and 3) TENANT, by signing this LEASE, has assigned to LANDLORD any rights rights, which TENANT may have to any money paid by the legal authorities for or relating to the taking of the PROPERTY.