Total Taking means the Taking of the fee title to all the Premises and the Improvements on the Premises, which shall be considered to include any offsite improvements effected by Tenant to serve the Premises or the improvements or the parking on the Premises.
Total Taking means the taking by Condemnation of all of the Premises and all of the Improvements.
Total Taking means a Taking, whether permanent or for temporary use, which, in the reasonable judgment of the Beneficiary, shall substantially interfere with and adversely affect the normal operation of the Property by the Trustor to such an extent as would reasonably be anticipated to cause a Material Adverse Effect.
Examples of Total Taking in a sentence
If a taking is a Substantial Taking, Tenant may, by notice to District given within ninety (90) days after Xxxxxx receives a Notice of Intended Condemnation, elect to treat the taking as a Total Taking.
On a Total Taking all sums, including damages and interest, awarded for the fee or leasehold or both shall be distributed and disbursed as finally determined by the court with jurisdiction over the Condemnation proceedings in accordance with applicable law.
On a Total Taking, this Lease shall terminate on the Date of Taking.
More Definitions of Total Taking
Total Taking means the taking of the entire Premises or so much of the Premises as to prevent or substantially impair the use thereof by Tenant for the uses herein specified; provided, however, in no event shall a Taking of less than ten percent (10%) of the Premises be deemed a Total Taking; (3) "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.
Total Taking means the Condemnation of all or a substantial portion of the Premises which renders the Premises unsuitable for the Permitted Uses.
Total Taking means the taking of the fee title to all of the Premises and improvements thereon.
Total Taking means the taking of the fee title to all of the Property.
Total Taking means the taking of the fee title to all of the Leased Premises and the improvements thereon.
Total Taking means the Taking of the entire Premises or so much of the Premises, Building or Common Area as to prevent or substantially impair the use thereof by Tenant for the uses herein specified; provided, however, that in no event shall the Taking of less than twenty percent (20%) of the Premises or fifty percent (50%) of the Building and Common Area be considered a Total Taking; (c) "Partial Taking" means the Taking of only a portion of the Premises, Building or Common Area which does not constitute a Total Taking; (d) "Date of Taking" means the date upon which the title to the Premises, Building or Common Area 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 (e) "Award" means the amount of any award made, consideration paid, or damages ordered as a result of a Taking.
Total Taking means the taking of the entire Premises or so much of the Premises as to prevent or substantially impair the use thereof by Tenant for the uses herein specified, but in no event shall Total Taking be less than twenty percent (20%) of the Premises.