Common use of Total Taking Clause in Contracts

Total Taking. If the Leased Property of a Facility is totally and permanently taken by Condemnation (a “Taking”), this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 20 contracts

Samples: Master Lease (Caesars Entertainment, Inc.), Master Lease (PENN Entertainment, Inc.), Master Lease (Gaming & Leisure Properties, Inc.)

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Total Taking. If the Leased Property and any Capital Additions of a Facility is are totally and permanently taken by Condemnation (a “Taking”)Condemnation, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 11 contracts

Samples: Master Lease Agreement, Master Transactions and Cooperation Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Brookdale Senior Living Inc.)

Total Taking. If the Leased Property and any Capital Additions of a Facility is totally and permanently taken by Condemnation (a “Taking”)Condemnation, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 3 contracts

Samples: Project Bond Lease Portfolio (Emeritus Corp\wa\), Master Lease and Security Agreement (Emeritus Corp\wa\), Master Lease (Emeritus Corp\wa\)

Total Taking. If the Leased Property of of, and any Tenant Capital Additions to, a Facility is are totally and permanently taken by Condemnation (a “Taking”), this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 2 contracts

Samples: Master Lease (SHG Services, Inc.), Master Lease (Sabra Health Care REIT, Inc.)

Total Taking. If the Leased Property and any Capital Additions of a Facility is are totally and permanently taken by Condemnation (a “Taking”)Condemnation, this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such FacilityTaking.

Appears in 1 contract

Samples: Master Lease (Ensign Group, Inc)

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Total Taking. If the Leased Property of a Facility is are totally and permanently taken by Condemnation (a “Taking”), this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 1 contract

Samples: Master Lease (Gaming & Leisure Properties, Inc.)

Total Taking. If the Leased Property of a Facility is totally and permanently taken by Condemnation (a "Taking"), this Master Lease shall terminate with respect to such Facility as of the day before the Date of Taking for such Facility.

Appears in 1 contract

Samples: Master Lease

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