Common use of Sale in Lieu of Condemnation Clause in Contracts

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 as a taking by condemnation.

Appears in 10 contracts

Sources: Lease Agreement, Lease Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Commercial Lease (Western Power & Equipment Corp)

Sale in Lieu of Condemnation. Sale of all or part of the Premises premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 as a taking by condemnation.

Appears in 10 contracts

Sources: Commercial Lease (Mendocino Brewing Co Inc), Commercial Lease (Norwester Brewing Co Inc), Medical Office Lease (Physician Partners Inc)

Sale in Lieu of Condemnation. Sale of all or part of the Premises Property to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 as a taking by condemnation.

Appears in 4 contracts

Sources: Commercial Lease, Commercial Lease, Commercial Lease

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 10 as a taking by condemnation.

Appears in 4 contracts

Sources: Lease Agreement, Purchase Agreement (Entest Biomedical, Inc.), Commercial Lease (In Focus Systems Inc)

Sale in Lieu of Condemnation. Sale of all or part of the Premises leased premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise exercises of the power shall be treated for the purposes of this Section 9 11 as a taking by condemnation.

Appears in 4 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Sale in Lieu of Condemnation. Sale of all or part of the Premises premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 10 as a taking by condemnation.

Appears in 2 contracts

Sources: Commercial Lease (Visualant Inc), Commercial Lease (Redhook Ale Brewery Inc)

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 13 as a taking by condemnation.

Appears in 2 contracts

Sources: Lease (Gemstone Systems Inc), Lease Agreement (Cascade Microtech Inc)

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 17 as a taking by condemnation.

Appears in 1 contract

Sources: Commercial Lease (Entia Biosciences, Inc.)

Sale in Lieu of Condemnation. Sale of all or part of the Premises premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 section as a taking by condemnation.

Appears in 1 contract

Sources: Commercial Lease

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes purpose of this Section 9 11 as a taking by condemnation.

Appears in 1 contract

Sources: Lease Agreement (800 Com Inc)

Sale in Lieu of Condemnation. Sale of all or part of the Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall will be treated for the purposes of this Section 9 as a taking by condemnation.

Appears in 1 contract

Sources: Commercial Lease

Sale in Lieu of Condemnation. Sale of all or part of the Leased Premises to a purchaser with the power of eminent domain in the face of a threat or probability of the exercise of the power shall be treated for the purposes of this Section 9 14.3 as a taking by condemnation.

Appears in 1 contract

Sources: Real Estate Lease (Umpqua Holdings Corp)