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 rental shall be paid up to 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 Agreement (United Bancshares Inc /Pa), Lease Agreement (United Bancshares Inc /Pa)

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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 Lease shall cease and terminate as of the date of title vesting possession shall be taken in such proceeding and all rental rentals shall be paid up to that date and Tenant shall have no claim against Landlord nor the condemning authority for the value of any unexpired term of this leaseLease.

Appears in 2 contracts

Samples: Lease Agreement (Wireless Ronin Technologies Inc), Lease Agreement (Northstar Computer Forms Inc/Mn)

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TOTAL CONDEMNATION OF LEASED PREMISES. If the whole of the premises hereby leased premises shall be acquired or condemned taken by eminent domain for any public or quasi-public use or purposeauthority under the power of eminent domain, then the term of this lease Lease shall cease and terminate as of the date of title vesting in day possession shall be taken by such proceeding public authority and all rental the rent (including any additional rent) shall be paid up to that day with a proportionate refund by Landlord of such rent as may have been paid in advance for a period subsequent to the date and Tenant shall have no claim against Landlord for of the value of any unexpired term of this leasetaking.

Appears in 1 contract

Samples: Lease (Metavante Corp)

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