Common use of Taking of Whole Clause in Contracts

Taking of Whole. In the event the whole or any substantial part of the Building or the Premises is taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation), this Lease shall terminate as of the date title vests in such authority, and Annual Base Rent shall be apportioned as of said date.

Appears in 1 contract

Samples: Panera Bread Co

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Taking of Whole. In the event the whole or any substantial part of the Building or the Premises is taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu of condemnation), this Lease shall terminate as of the date title vests in such authority, and Annual Adjusted Monthly Base Rent shall be apportioned as of said date.

Appears in 1 contract

Samples: Office Lease (Success Bancshares Inc)

Taking of Whole. In the event the whole or any substantial part of the Building or the Premises is taken or condemned by any competent authority for any public use or purpose through condemnation (including a deed given in lieu of condemnation), this Lease shall terminate as of the date title possession and beneficial enjoyment vests in such the condemning authority, and Annual Base Rent shall be apportioned as of said that date.

Appears in 1 contract

Samples: Office Lease (Metal Management Inc)

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Taking of Whole. In the event the whole or any substantial part of or the Building or the Premises is taken or condemned by any competent authority for any public use or purpose (including a deed given in lieu purpose, or conveyed under threat of such condemnation), this Lease shall terminate as of the date title vests in such authority, and Annual Adjusted Monthly Base Rent shall be apportioned as of said date.

Appears in 1 contract

Samples: Office Lease (Ismie Holdings Inc)

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