Common use of Total Condemnation of Premises Clause in Contracts

Total Condemnation of Premises. In the event that all or substantially all of the Premises is taken or condemned or sold in lieu thereof or Tenant will be unable to use a substantial portion of the Premises for a period of one hundred eighty (180) consecutive days by reason of a temporary taking, either Landlord or Tenant may terminate this Lease by delivering written notice thereof to the other within ten (10) business days after the taking, condemnation or sale in lieu thereof.

Appears in 6 contracts

Samples: Office Lease Agreement (Prescient Applied Intelligence, Inc.), Lease Agreement (McAfee Associates Inc), Lease Agreement (Networks Associates Inc/)

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Total Condemnation of Premises. In the event that all or substantially all a material portion of the Premises is taken or condemned or sold in lieu thereof or Tenant will be unable to use a substantial material portion of the Premises for a period of one hundred eighty (180) consecutive days by reason of a temporary taking, either Landlord or Tenant may terminate this Lease by delivering written notice thereof to the other within ten (10) business days after the taking, condemnation or sale in lieu thereof.

Appears in 1 contract

Samples: Lease Agreement (Vadda Energy Corp)

Total Condemnation of Premises. In the event that all or substantially all of the Premises is taken then or condemned or sold in lieu thereof or Tenant will be unable to use a substantial portion of the Premises for a period of one hundred eighty (180) consecutive days by reason of a temporary taking, either Landlord or Tenant may terminate this Lease by delivering written notice thereof to the other within ten (10) business days after the taking, condemnation or sale in lieu thereof.

Appears in 1 contract

Samples: Lease Agreement (Egpi Firecreek, Inc.)

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Total Condemnation of Premises. In the event that all or substantially all of the Premises is taken or condemned or sold in lieu thereof or if Tenant will be unable to use a substantial portion of the Premises for a period of one hundred eighty (180) consecutive days by reason of a temporary taking, either Landlord or Tenant may terminate this Lease by delivering written notice thereof to the other within ten (10) business days after notice of the taking, condemnation or sale in lieu thereof to be effective as of the date of such taking, condemnation or sale in lieu thereof.

Appears in 1 contract

Samples: Office Lease Agreement (Medidata Solutions, Inc.)

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