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 Assumption Of (Venoco, Inc.), Lease (Inamed Corp), Lease (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: Standard Commercial Lease (Resonant Inc), Adept Technology Inc, 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 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 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

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 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 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 (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: Pacific Crest Capital Inc

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 (Inamed Corp)

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