Partial Taking definition

Partial Taking means the taking of only a portion of the Premises which does not constitute a Total Taking; (4) "Date of Taking" means the date upon which the title to the Premises, or a portion thereof, passes to and vests in the condemnor or the effective date of any order for possession if issued prior to the date title vests in the condemnor; and (5) "Award" means the amount of any award made, consideration paid, or damages ordered as a result of a Taking.
Partial Taking means any Taking (including any damaging) of a portion of the Premises, the Common Area, or any Improvements or parking thereon which is not a Total Taking.
Partial Taking means any taking of the Premises or Improvements that is neither a Total Taking nor a Substantial Taking.

Examples of Partial Taking in a sentence

  • On a Partial Taking, the Lease shall remain in full force and effect covering the remaining Premises, except that the total Rent as otherwise provided herein shall be reduced in the same ratio as the percentage of the area of the Premises taken bears to the total area of the Premises.

  • The resulting diminution in Fair Market Value on the effective date of a Partial Taking shall be as established pursuant to Exhibit “E”.

  • Each party waives the provisions of California Code of Civil Procedure Section 1265.130 allowing either party to petition the Superior Court to terminate this Lease in the event of a Partial Taking.

  • The resulting diminution in Fair Market Value on the effective date of a Partial Taking shall be as established pursuant to Exhibit C.

  • Promptly after a Partial Taking, Tenant shall repair, alter, modify or reconstruct the Improvements (“Restoring”) so as to make them reasonably suitable for Tenant’s continued occupancy for the uses and purposes for which the Premises are leased.


More Definitions of Partial Taking

Partial Taking. As defined in Section 15.1(b).
Partial Taking means the taking of only a portion of the Premises which does not constitute a Total Taking.
Partial Taking means any taking of fee title that is not a Total Taking.
Partial Taking means the acquisition of a parcel of property.
Partial Taking means any Condemnation of a Facility or any portion thereof that is not a Complete Taking.
Partial Taking. A taking of less than the entire fee of a Leased Property that either (i) does not render the Leased Property Unsuitable for its Primary Use, or (ii) renders a Leased Property Unsuitable for its Primary Intended Use, but neither Lessor nor Lessee elects pursuant to Section 15.1 hereof to terminate this Lease.
Partial Taking means any taking of the fee title of the Property and/or the Improvements that is not either a Total, Substantial or Temporary Taking.