Common use of Voluntary Sale as Taking Clause in Contracts

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power of eminent domain, either under threat of condemnation while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose of this Article 13.

Appears in 6 contracts

Samples: Assignment and Subordination of Master Lease (Venoco, Inc.), Building Lease (GRC International Inc), Lease Agreement (Computer Motion Inc)

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Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power of eminent domain, either under threat of condemnation while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose of this Article 13.

Appears in 3 contracts

Samples: Commercial Lease (Resonant Inc), Lease Agreement (Adept Technology Inc), Lease Agreement (Adept Technology Inc)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose of this Article 13.

Appears in 1 contract

Samples: Lease Agreement (Inamed Corp)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose purposes of this Article Paragraph 13.

Appears in 1 contract

Samples: Office Lease (Pacific Crest Capital Inc)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public ------------------------ body or agency having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for from the purpose purposes of this Article 13.

Appears in 1 contract

Samples: Lease (Iown Holdings Inc)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power pwoer of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose of this Article 13.

Appears in 1 contract

Samples: Sublease (Inamed Corp)

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Voluntary Sale as Taking. A voluntary sale by -by the Lessor to any public body or agency having the power of eminent domain, either under threat of condemnation while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose of this Article 13.

Appears in 1 contract

Samples: Lease Agreement (Inamed Corp)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public ------------------------ body or agency having the power of eminent domain, either under threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose purposes of this Article 13.

Appears in 1 contract

Samples: Lease (Iown Holdings Inc)

Voluntary Sale as Taking. A voluntary sale by the Lessor to any public body or agency having the power of eminent domain, either under the threat of condemnation or while condemnation proceedings are pending, shall be deemed to be a taking under the power of eminent domain for the purpose purposes of this Article 13paragraph.

Appears in 1 contract

Samples: Lease Agreement

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