No Taking Sample Clauses
The "No Taking" clause prohibits one party from seizing, appropriating, or otherwise taking property, assets, or rights belonging to the other party under the agreement. In practice, this means that neither party can unilaterally claim ownership or control over the other’s tangible or intangible property, such as equipment, intellectual property, or confidential information, during or after the contractual relationship. This clause serves to protect each party’s assets and ensures that property rights remain clear and undisputed, thereby preventing potential conflicts or unauthorized use.
No Taking. That there shall not have occurred at any time or times on or before the Closing Date any taking of the Business Property or any part thereof by eminent domain, and there shall have been no notice of such taking given by any governmental authority .
No Taking. No taking, threatened taking (or consideration by a governmental authority of a taking) of the Land or any material part thereof by eminent domain shall have occurred which would materially and adversely affect the value or use of the Property or portion thereof.
No Taking. There are no pending condemnation, expropriation, eminent domain or similar proceedings against any Property or any portion thereof nor, to Steadfast’s actual knowledge, are any such condemnation, expropriation, eminent domain, or similar proceedings threatened or contemplated by any Governmental Authority against any Property or any portion thereof.
No Taking. Subject to the matters disclosed in 5.7 hereof, the Sellers have not received notice of any pending, threatened, proposed or contemplated eminent domain or condemnation proceeding or similar taking, with or without payment of compensation therefor, or any pending or threatened rezoning affecting the real property which is the subject of the Leases included among the Assumed Contracts.
No Taking. To Seller’s knowledge, Seller has received no written notice of any pending or threatened condemnation, eminent domain, or similar proceeding.
No Taking. By signing this Agreement, Owner agrees that this Agreement, the Trail Easement, and the Sewer Easement shall not be deemed or construed as an act of condemnation or taking, and Owner waives its rights under Wis. Stat. Chapter 32.
No Taking. None of the Companies has received notice of any --------- pending, threatened, proposed or contemplated eminent domain or condemnation proceeding or similar taking, with or without payment of compensation therefor, or any pending or threatened rezoning affecting the real property which is the subject of the Leases included among the Assumed Contracts or the New Lease (as hereinafter defined).
No Taking. No material part of the Premises shall have previously been acquired by any governmental agency in the exercise of any power of eminent domain or by private purchase in lieu thereof, nor on the Closing Date shall any such acquisition or purchase be pending.
No Taking. There are no pending or, to Transferors’ actual knowledge, threatened condemnation, expropriation, eminent domain or similar proceedings against any Property or any portion thereof. Neither the Transferors nor the Property Owners have received written notice that any such proceeding is contemplated.
No Taking. To Seller's Best Knowledge, there are no Takings pending or threatened with respect to the Property or any portion thereof.