Termination for Condemnation Sample Clauses

Termination for Condemnation. This agreement shall terminate as to the portion taken on the date that is the earlier of the date title vests in the condemnor, or the date upon which the condemnor is let into possession.
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Termination for Condemnation. If the whole or a substantial part (as hereinafter defined) of the Premises and/or the Building or the use or occupancy of the Premises shall be taken or condemned by any governmental or quasi-governmental authority for any public or quasi-public use or purpose (including a sale thereof under threat of such taking), then this Lease shall terminate on the date title thereto vests in such governmental or quasi-governmental authority, and all rent payable hereunder shall be apportioned as of such date. If less than a substantial part of the Premises (or the use and occupancy thereof) is taken or condemned by any governmental or quasi-governmental authority for any public or quasi public use or purpose (including a sale thereof under threat of such a taking), this Lease shall continue in full force and effect, but the rent thereafter payable hereunder shall be equitably adjusted (on the basis of the ratio of the number of square feet of rentable area taken to the total rentable area in the Premises prior to such taking) as of the date title vests in the governmental or quasi-governmental authority. For purposes of this Section, a substantial part of the Premises or the Building shall be considered to have been taken if more than twenty-five percent (25%) of the Premises or Building is rendered unusable as a result of such taking.
Termination for Condemnation. In the event that a Condemnation with respect to any material part of the Field and the Field Improvements shall occur at any time during the Term, this Agreement shall terminate (except as hereinafter provided below), on the date on which possession is required to be delivered to the condemning authority. As used herein, "material part" shall mean any of the following:
Termination for Condemnation. If a sufficient portion of the Premises is taken by any authority other than Landlord having the power of eminent domain during the term of this Lease such that Tenant can no longer meet its obligation or perform under this Lease, this Lease shall cease and terminate. The date of such termination shall be the earlier of the date upon which possession is tendered to such authority by Tenant or the date upon which possession is taken by such authority.
Termination for Condemnation. 36 SECTION 19.2 Award...............................................................................36
Termination for Condemnation. The Site License for the Use Area shall terminate on the date (the “Condemnation Date”) that is the earlier of the date title vests in the condemnor, or the date upon which the condemnor is let into possession. Notwithstanding the foregoing, if City reasonably determines that the Use Areas continue to be suitable for Wireless Provider to conduct the Permitted Uses, City may elect to cause the Site License to continue to remain in effect as to the part of the Use Areas not taken and the Use Fee shall not be reduced or abated. Nevertheless, if Wireless Provider reasonably determines that the Use Areas are not suitable for Wireless Provider to conduct the Permitted Uses, then this Site License Agreement shall terminate.
Termination for Condemnation. In the event that a Condemnation with respect to any material part of the Baseball Facility shall occur at any time during the Term, this Agreement shall terminate (except as hereinafter provided below), on the date on which possession is required to be delivered to the condemning authority. As used herein, "material part" shall mean any of the following:
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Termination for Condemnation. In the event that a Condemnation with respect to any material part of the Stadium, Stadium Infrastructure or Stadium Site shall occur, this Agreement shall terminate (except as hereinafter provided below) on the date on which possession is required to be delivered to the condemning authority. As used herein, “material part” shall mean
Termination for Condemnation. In the event that a Condemnation with respect to any material part of the Ballpark shall occur, this Agreement shall terminate (except as hereinafter provided below), on the date on which possession is required to be delivered to the condemning authority. As used herein, “material part” shall mean any of the following: (a) any part of the Ballpark that, in the reasonable determination of the Parties, would cause the Saints to become unable to make use of the Ballpark for its intended operations or to experience a material loss of revenue; or (b) any part of the area between the Ballpark and a public street or highway, including the Infrastructure and Site that, in the reasonable determination of the Parties, would cause the Saints to become unable to provide sufficient access to the Ballpark; provided, however, that the Saints may elect, in its sole discretion, not to treat any of the foregoing as a “material part” of the Ballpark, in which event this Agreement shall not terminate. If this Agreement terminates pursuant to the provisions of this Section, all rights, obligations and liabilities of the Parties shall end as of the effective date of such termination, without prejudice to any rights that have accrued prior to such termination.
Termination for Condemnation. (a) In the event of any Condemnation of a material part of the Baseball Facility (or any improvements hereafter constructed thereon), this Agreement shall terminate (except as hereinafter provided below) on the date on which possession is required to be delivered to the condemning authority. (b) As used herein, a "material part" shall include any of the following, unless the Indians elects in its sole discretion to treat any of the foregoing as not a "material part" of the Baseball Facility: (1) Any part of the Baseball Facility which, in the Indians' reasonable determination, would cause the Indians to become unable to make use of the Baseball Facility for its intended operations or to experience a material loss of revenue (specifically including, without limitation, any loss of seating in excess of a number of seats having a face ticket price equal to 10% or more of the aggregate face ticket price of all seats in the Baseball Facility, loss of any material portion of the concourse areas, or the loss of a practice field); (2) Any part of the area between the Baseball Facility and a public street or highway, Condemnation of which would cause the Indians to become unable to provide reasonable access to the Baseball Facility; or (3) Any portion of the Baseball Facility the loss of which results in fewer than 2,500 parking spaces being available on the Site;
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