Examples of Event of Taking in a sentence

No Event of Loss or Event of Taking or other event of circumstance that, with the giving of notice or lapse of time or both, would constitute an Event of Loss or an Event of Taking shall have occurred with respect to any Leased Property.
No event has occurred and is continuing which constitutes a Material Default, Event of Default, Event of Loss (unless the Lessee shall have elected to continue the Lease and reconstruct the affected Improvements in accordance with Section 13.1(b) of the Lease), Condemnation or Casualty; and there is no action pending or, to the best of its knowledge, threatened by an Authority to initiate a Condemnation or an Event of Taking.

More Definitions of Event of Taking

Event of Taking means: (A) taking of title to any Improvements or a portion thereof or the related Site or (B) any condemnation, requisition, confiscation, seizure or other taking or sale of the use, occupancy or title to any Improvements or the related Site or any part thereof in, by or on account of any eminent domain proceeding or other action by any Authority or other Person under the power of eminent domain or otherwise or any transfer in lieu or in anticipation thereof (other than a requisition of temporary use) or requisition of use for a period scheduled to last beyond the end of the Lease Term or which in fact is continuing on the Final Maturity Date even if not scheduled to last beyond the Lease Term), in either case, resulting in the loss of use or possession of substantially all or a material portion of such Improvements or the related Site as reasonably determined in good faith by the Board of Directors of the Lessee, such determination to be made promptly after the occurrence of such event and to be evidenced by an Officer’s Certificate of the Lessee delivered promptly after the occurrence of such event to Lessor.

Event of Taking has the meaning given in Schedule A of the CSAA.

Event of Taking means any taking, seizure, confiscation, requisition, exercise of rights of eminent domain, public improvement, inverse condemnation, condemnation or similar action of or proceeding by any Governmental Authority relating to all or any part of the pipeline necessary to supply gas to the Project or the Project, any Equity Interests in the Borrower or any other part of the Collateral.

Event of Taking means (A) taking of title to any System subject to a Lease --------------- Supplement, (B) any condemnation (other than a requisition for temporary use) or requisition for use of any System subject to a Lease Supplement for a period scheduled to last beyond the end of the Lease Term, or (C) taking of title to substantially all of the premises whereon or wherein Equipment in a System is located or to be located, in each case resulting in the loss of use or possession of substantially all of the Systems subject to a Lease Supplement, as reasonably determined in good faith by a Responsible Officer of Guarantor, such determination to be made promptly after the occurrence of such event and to be evidenced by an Officer's Certificate executed by such Responsible Officer and delivered to Certificate Trustee and Administrative Agent. Appendix 1 to Participation Agreement

Event of Taking means any taking, seizure, confiscation, requisition, exerciseof rights of eminent domain, public improvement, inverse condemnation, condemnation or similar action or threat of any such action of or proceeding by any Governmental Authority or other Person relating to all or any part of the Projects.

Event of Taking. In the case of any other event which constitutes a Condemnation, Lessee shall restore and rebuild such Leased Property pursuant to Section 10.