Condemnation definition

Condemnation means a temporary or permanent taking by any Governmental Authority as the result or in lieu or in anticipation of the exercise of the right of condemnation or eminent domain, of all or any part of the Property, or any interest therein or right accruing thereto, including any right of access thereto or any change of grade affecting the Property or any part thereof.

Condemnation means a temporary or permanent taking by any Governmental Authority as the result or in lieu or in anticipation of the exercise of the right of condemnation or eminent domain, of all or any part of any Individual Property, or any interest therein or right accruing thereto, including any right of access thereto or any change of grade affecting such Individual Property or any part thereof.

Condemnation means a Taking resulting from (1) the exercise of any governmental power, whether by legal proceedings or otherwise, by a Condemnor, and (2) a voluntary sale or transfer by Lessor to any Condemnor, either under threat of condemnation or while legal proceedings for condemnation are pending.

Examples of Condemnation in a sentence

• If Xxxxxx becomes aware of or receives, at or prior to the Closing, any notice of Condemnation Proceedings it will immediately advise Purchaser of the Condemnation Proceedings in writing and provide a copy of any such notice of Condemnation Proceedings to Purchaser.

• If all or a material portion of the Premises are taken by Condemnation, City may, at City’s option, to be exercised in writing within ten (10) days after County shall have given City written notice of such taking (or in the absence of such notice, within ten (10) days after the condemning authority shall have taken possession) terminate this Lease as of the date the condemning authority takes such possession.

• Condemnation awards and/or payments shall be the property of County, whether such award shall be made as compensation for diminution in value of the leasehold, the value of the part taken or for severance damages.

• City shall also have the right to terminate this Lease if there is a taking by Condemnation of any portion of the Premises which would have a material adverse effect on City’s ability to operate the Premises as a public library.

• If Buyer elects to terminate this Agreement, under this Section 21 Condemnation; Destruction, Buyer shall receive full reimbursement of the Escrow Deposit and any balance remaining in the Seller’s Cost Deposit and Seller shall be entitled to receive all insurance proceeds payable to Seller or all condemnation proceeds actually paid for the portion of the Subject Property taken.

More Definitions of Condemnation

Condemnation means a Taking and/or a Requisition.

Condemnation is defined in Section 7.8.

Condemnation means any taking by a Governmental Authority of property or assets, or any part thereof or interest therein, for public or quasi-public use under the power of eminent domain, by reason of any public improvement or condemnation or in any other manner.

Condemnation means (a) the exercise of any governmental power with respect to the Leased Property, whether by legal proceedings or otherwise, by a Condemnor of its power of condemnation, (b) a voluntary sale or transfer of the Leased Property by Landlord to any Condemnor, either under threat of condemnation or while legal proceedings for condemnation are pending, or (c) a taking or voluntary conveyance of all or part of the Leased Property, or any interest therein, or right accruing thereto or use thereof, as the result or in settlement of any Condemnation or other eminent domain proceeding affecting the Leased Property, whether or not the same shall have actually been commenced.

Condemnation means any taking of property or assets, or any part thereof or interest therein, for public or quasi-public use under the power of eminent domain, by reason of any public improvement or condemnation or in any other manner.

Condemnation means the taking of title to, or the use of, Property under the exercise of the power of eminent domain by any governmental entity or other Person acting under governmental authority.

Condemnation is defined in Section 6.11(a).