Common use of Transfer Under Threat of Taking Clause in Contracts

Transfer Under Threat of Taking. A voluntary sale by Landlord to ------------------------------- any public or quasi-public body, agency or person, corporate or otherwise, having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking by eminent domain.

Appears in 1 contract

Samples: Lease Agreement (Vicinity Corp)

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Transfer Under Threat of Taking. A For purposes of this Article 21 only, a voluntary sale by Landlord of all or any portion of the Project to ------------------------------- any public or quasi-public body, agency or person, corporate or otherwise, having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking by eminent domain.

Appears in 1 contract

Samples: Office Lease (Skye Bioscience, Inc.)

Transfer Under Threat of Taking. A voluntary sale by Landlord of all or any portion of the Shopping Center to ------------------------------- any a public or quasi-public body, agency or person, corporate or otherwise, having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking by eminent domain.

Appears in 1 contract

Samples: covinaca.gov

Transfer Under Threat of Taking. A voluntary sale by Landlord to ------------------------------- any public or quasi-public body, agency or person, corporate or otherwise, having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking by eminent domain.

Appears in 1 contract

Samples: Lease Agreement (Hart Industries Inc)

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Transfer Under Threat of Taking. A voluntary sale by Landlord of all or any portion of the Premises or Common Area to ------------------------------- any a public or quasi-public body, agency or person, corporate or otherwise, having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking by eminent domaindomain covered by this Article 22.

Appears in 1 contract

Samples: Construction Provisions Agreement (Cinemastar Luxury Theaters Inc)

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