Common use of TOTAL CONDEMNATION OF LEASED PREMISES Clause in Contracts

TOTAL CONDEMNATION OF LEASED PREMISES. If the whole of the Leased Premises shall be acquired or condemned by eminent domain for any public or quasi-public use or purpose, then the term of this Lease shall cease and terminate as of the date of title vesting in such proceeding and all rent shall be paid up to and including that date and Tenant shall have no claim against Landlord for the value of any unexpired term of this Lease.

Appears in 2 contracts

Samples: Lease (Embassy Bancorp, Inc.), Lease (Embassy Bancorp, Inc.)

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TOTAL CONDEMNATION OF LEASED PREMISES. If the whole of the Leased Premises shall be acquired or condemned by eminent domain or by private sale in lieu of condemnation for any public or quasi-quasi public use or purposeuse, then the term of this Lease shall cease and terminate as of the date of title vesting in such proceeding and all rent shall be paid up to and including that date and Tenant shall have no claim against Landlord for the value of any unexpired term of this Leaseproceeding.

Appears in 2 contracts

Samples: Management Agreement, Coca Cola Bottling Co Consolidated /De/

TOTAL CONDEMNATION OF LEASED PREMISES. If the whole of the Leased Premises shall be acquired or condemned by eminent domain for any public or quasi-public use or purposedomain, then the term Term of this Lease shall cease and terminate as of the date on which possession of title vesting in such proceeding and all rent shall the Leased Premises is required to be paid up to and including that date and Tenant shall have no claim against Landlord for surrendered by the value of any unexpired term of this Leasecondemning authority.

Appears in 1 contract

Samples: Option Agreement (Urban Outfitters Inc)

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TOTAL CONDEMNATION OF LEASED PREMISES.  If the whole of the Leased Premises shall be acquired or condemned by eminent domain for any public or quasi-public use or purpose, then the term of this Lease shall cease and terminate as of the date of title vesting in such proceeding and all rent shall be paid up to and including that date and Tenant shall have no claim against Landlord for the value of any unexpired term of this Lease.. 

Appears in 1 contract

Samples: Lease (Embassy Bancorp, Inc.)

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