Common use of Entire Premises Clause in Contracts

Entire Premises. If all or substantially all of the Premises shall be taken by any public authority under the power of eminent domain, then the Term shall cease as of the day possession shall be taken by such public authority, and the Rent shall be adjusted as of that day.

Appears in 3 contracts

Sources: Premises Lease Agreement, Premises Lease Agreement, Lease Agreement (Viper Powersports Inc)