Total Condemnation, Etc. If either (i) the whole of the Leased Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of the Leased Property renders the Leased Property Unsuitable for Its Primary Intended Use, as reasonably determined by Landlord, this Lease shall terminate as of the day of the Condemnation, and Tenant and Landlord shall seek the Award for their respective interests in the Leased Property as provided in Section 11.4.
Appears in 5 contracts
Samples: Lease Agreement (Host Marriott L P), Lease Agreement (HMC Merger Corp), Lease Agreement (Crestline Capital Corp)
Total Condemnation, Etc. If either (i) the whole of the Leased Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of the Leased Property renders the Leased Property Unsuitable for Its Primary Intended Permitted Use, as reasonably determined by Landlordthis Agreement shall terminate, this Lease shall terminate as of the day of the Condemnation, and Tenant and Landlord shall seek the Award for their respective interests in the Leased Property as provided in Section 11.411.5 and Tenant shall thereafter have no obligation to pay Rent for periods arising after the effective date of termination.
Appears in 3 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Wyndham Hotel Corp), Lease Agreement (Wyndham Hotel Corp)
Total Condemnation, Etc. If either (i) the whole of the Leased ------------------------ Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of the Leased Property renders the Leased Property Unsuitable for Its Primary Intended Permitted Use, as reasonably determined by Landlord, this Lease Agreement shall terminate as of the day of the Condemnation, and Tenant and Landlord shall seek the Award for their respective interests in the Leased Property as provided in Section 11.4.------- 11.5. ----
Appears in 2 contracts
Samples: Lease Agreement (Crestline Capital Corp), Lease Agreement (Hospitality Properties Trust)
Total Condemnation, Etc. If either (i) the whole of the any Leased Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of the any Leased Property renders the such Leased Property Unsuitable for Its Primary Intended Permitted Use, as reasonably determined by Landlord, this Lease Agreement shall terminate as of with respect to such Leased Property, the day of Minimum Rent shall be reduced by the Condemnation, amount allocable thereto and Tenant and Landlord shall seek the Award for their respective interests in the such Leased Property as provided in Section 11.411.5.
Appears in 1 contract
Samples: Master Lease Agreement (Hospitality Properties Trust)
Total Condemnation, Etc. If either (i) the whole of the Leased ------------------------ Property shall be taken by Condemnation or (ii) a Condemnation of less than the whole of the Leased Property renders the Leased Property Unsuitable for Its Primary Intended Permitted Use, as reasonably determined by Landlord, this Lease Agreement shall terminate as of the day of the Condemnation, and Tenant and Landlord shall seek the Award for their respective interests in the Leased Property as provided in Section 11.4.------- 11.5. -----
Appears in 1 contract
