Total Condemnation of Premises. If the whole of the Premises shall be taken by any public authority under the power of eminent domain or sold to a public authority under threat or in lieu of such a taking, then the term of this Lease shall cease as of the day possession shall be taken by such public authority, and the rents shall be paid up to that day with a proportionate refund by Landlord of such rents as may have been paid in advance for a period subsequent to the date of the taking.
Appears in 3 contracts
Samples: Lease Agreement (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.), Lease Agreement (Impossible Kicks Holding Company, Inc.)
Total Condemnation of Premises. If the whole of the Premises shall be taken by any public authority under condemnation, the power of eminent domain domain, or sold to by a public authority sale in lieu thereof under threat of condemnation (collectively "taking" or in lieu of such a taking"taken" as the case may be), then the term of this Lease Term shall cease as of the day of possession shall be taken by pursuant to such public authoritytaking, and the rents Rent shall be paid up to that day with a proportionate day. Landlord shall refund by Landlord of such rents rent as may have been paid in advance for a the period subsequent to the date of the takingsuch possession.
Appears in 2 contracts
Samples: Standard Industrial Lease (Redline Performance Products Inc), Standard Industrial Lease (Sports Arenas Inc)
Total Condemnation of Premises. If the whole of the Premises shall be taken by any public authority under the power of eminent domain or sold to a public authority under threat or in lieu of such a takingdomain, then the term of this Lease Term shall cease as of the day possession shall be taken by such public authority, authority and the rents Rent shall be paid up to that day with a proportionate refund by Landlord of such rents Rent as may have been paid in advance for a period subsequent to the date of the taking.
Appears in 2 contracts
Samples: Lease Agreement (Webb Mortgage Depot Inc), Leasing Agreement (Quikbiz Internet Group Inc)
Total Condemnation of Premises. If the whole of the Premises shall be taken by any public authority under the power of eminent domain or sold to a public authority under threat or in lieu of such a taking, then the term Term of this Lease shall cease as of the day upon which possession shall be is taken by such public authority, and the rents all Rent shall be paid up to that day with a proportionate refund by Landlord of such rents as may have been paid in advance for a period subsequent to the date of the takingday.
Appears in 1 contract
Samples: Lease (1847 Holdings LLC)
Total Condemnation of Premises. If the whole of the Premises shall be taken by any public authority under the power of eminent domain or sold to a public authority under threat or in lieu of such a takingdomain, then the term Term of this Lease shall cease as of the day possession shall be taken by such public authority, authority and the rents Rent shall be paid up to that day with a proportionate refund by Landlord of such rents Rent as may have been paid in advance for a period subsequent to the date of the this taking.
Appears in 1 contract
