Total Condemnation, Etc. If either (i) the whole of any of the Collective Leased Properties shall be taken by Condemnation or (ii) a Condemnation of less than the whole of any of the Collective Leased Properties renders such Leased Property Unsuitable for Its Primary Intended Use, this Agreement shall terminate with respect to such Leased Property, Tenant and Landlord shall seek the Award for their interests in such Leased Property as provided in Section 11.5 and the Minimum Rent thereafter payable shall be reduced by one-twelfth (1/12th) of the product of (x) ten percent (10%), and (y) the Award received by Landlord with respect to such Leased Property, net of all expenses incurred by Landlord in obtaining the same, including reasonable attorneys' fees.
Appears in 4 contracts
Samples: Master Lease Agreement (Crescent Real Estate Equities Inc), Master Lease Agreement (Magellan Health Services Inc), Master Lease Agreement (Magellan Health Services Inc)
