EXCESSIVE DAMAGE. Upon the destruction of or substantial damage to the Property by any cause, or the taking of all or a substantial portion of the Property by eminent domain, in either case making it impossible or impracticable to continue operation or management of the Property.
Appears in 3 contracts
Sources: Residential Property Management Agreement, Exclusive Residential Property Management Agreement, Residential Property Management Agreement
EXCESSIVE DAMAGE. Upon the destruction of or substantial damage to the Property by any cause, or the taking of all or a substantial portion of the Property by eminent domain, in either case making it impossible or impracticable to continue operation or management of the Property.
Appears in 3 contracts
Sources: Interlocal Agreement for Property Management Services, Apartment Management Agreement (Bluerock Residential Growth REIT, Inc.), Property Management Agreement