Common use of Partial Taking Clause in Contracts

Partial Taking. If a portion of the Property is taken by Condemnation, this Lease shall remain in effect if the Property is not thereby rendered Unsuitable For Its Primary Intended Use, but if the Property is thereby rendered Unsuitable For Its Primary Intended Use, this Lease shall terminate on the Date of Taking.

Appears in 13 contracts

Sources: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

Partial Taking. If a portion of the Leased Property is taken by Condemnation, this Lease shall remain in effect if the Property Facility is not thereby rendered Unsuitable For Its its Primary Intended Use, but if the Property Facility is thereby rendered Unsuitable For Its Primary Intended Use, this Lease shall terminate on the Date of Taking.

Appears in 4 contracts

Sources: Sublease Agreement (Eldertrust), Lease Agreement (Eldertrust), Master Agreement (Eldertrust)

Partial Taking. If a portion of the Leased Property is taken by Condemnation, this Lease shall remain in effect if the Property Facility is not thereby rendered Unsuitable For Its Primary Intended Use, but if the Property Facility is thereby rendered Unsuitable For Its Primary Intended Use, this Lease shall terminate on the Date of Taking.

Appears in 3 contracts

Sources: Lease Agreement (Presidio Golf Trust), Lease Agreement (Presidio Golf Trust), Lease (National Golf Properties Inc)

Partial Taking. If a portion of the Leased Property is taken by Condemnation, this Lease shall remain in effect if the Property Facility is not thereby rendered Unsuitable For for Its Primary Intended Use, but if the Property Facility is thereby rendered Unsuitable For Its for its Primary Intended Use, this Lease shall terminate on as of the day before the Date of Taking.

Appears in 3 contracts

Sources: Lease Agreement (Sunlink Health Systems Inc), Lease (Integrated Living Communities Inc), Lease Agreement (Emeritus Corp\wa\)

Partial Taking. If a portion of the Property is taken by Condemnation, this Lease shall remain in effect if the Property is not thereby rendered Unsuitable For Its Primary Intended Use, but if the Property is thereby rendered Unsuitable For Its Primary Intended Use, this Lease shall terminate on the Date date of Taking.

Appears in 2 contracts

Sources: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

Partial Taking. If a portion of the Property is taken by Condemnation, this Lease shall remain in effect if the Property is not thereby rendered Unsuitable For Its Primary Intended Use, but if the Property is thereby rendered Unsuitable For Its Primary Intended Use, this Lease shall terminate on the Date of Takingdate of`Taking.

Appears in 2 contracts

Sources: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

Partial Taking. If a portion of the Leased Property is taken by Condemnationcondemnation, this Lease shall remain in effect if the Property Facility is not thereby rendered Unsuitable For for Its Primary Intended Use, but if the Property Facility is thereby rendered Unsuitable For Its for its Primary Intended Use, this Lease shall terminate on the Date of Taking. If as the result of any such partial taking by condemnation, this Lease is not terminated as provided above, Tenant shall be entitled to abatement of rent as provided in Section 5.2.

Appears in 1 contract

Sources: Operations Transfer Agreement (Extendicare Health Services Inc)