Taking Termination Date definition

Taking Termination Date has the meaning set forth in Paragraph 13(b)(i).
View Source
Taking Termination Date has the meaning assigned to such term in Section 16.2(d).
View Source
Taking Termination Date. As defined in Section 15.3.
View Source

Examples of Taking Termination Date in a sentence

  • If Tenant elects to timely deliver the Taking Termination Notice, there shall be no abatement of Rent prior to the Taking Termination Date.

  • This Lease shall remain in full force and effect prior to the Taking Termination Date.

  • In the event that Tenant terminates this Lease pursuant to the foregoing sentence, such termination shall be effective upon the date that possession is required to be surrendered to the applicable authority (the "Taking Termination Date").

  • Lessee must exercise such option by delivering written notice to Lessor (the "Taking Termination Notice") not later than ninety (90) days after the effective date of such Taking (which, for purposes hereof, shall mean the earlier of delivery of possession or transfer of title to the condemning authority, unless, in the case of prior transfer of title, Lessee is permitted to continue occupying the Leased Property until delivery of possession) (the "Taking Termination Date").

  • In such event, on the Taking Termination Date (A) Tenant shall deliver to Landlord the Taking Termination Payment, (B) this Lease and the Term hereof shall terminate, (C) Tenant shall have no obligation to commence or complete the restoration of the Improvements, and (D) all of the award payable in connection with the Material Taking shall be paid to Landlord.

  • The Redemption Date for Notes to be redeemed pursuant to this Section 6.1(b)(i) shall be the Casualty Termination Date or the Taking Termination Date, as the case may be.

  • In such event, on the Taking Termination Date (A) Landlord shall be in receipt of the Taking Termination Payment, (B) this Lease and the Term hereof shall terminate, (C) Tenant shall have no obligation to commence or complete the restoration of the Improvements, and (D) all of the award payable in connection with the Material Taking shall be paid to Landlord.


More Definitions of Taking Termination Date

Taking Termination Date. Section 7.3(f) "Taxes and Impositions": Section 5.5 "Tenant Notice" Section 5.3(b) "Tenant Property": Section 5.9 "Tenant Work": Section 5.1.1 "Tenant's Architect": Section 5.1.2 "Tenant's Contractor": Section 5.1.3
View Source
Taking Termination Date the meaning specified in Section 20.3 hereof.
View Source
Taking Termination Date means the Due Date immediately following the date Landlord receives written notice from the applicable governmental authority specifying the final amount of the award payable by such authority in connection with such Taking. In such event, on the Taking Termination Date (A) Tenant shall deliver to Landlord the Taking Termination Payment, (B) this Lease and the Term hereof shall terminate, (C) Tenant shall have no obligation to commence or complete the restoration of the Improvements, and (D) all of the award payable in connection with the Material Taking shall be paid to Landlord. The “Taking Termination Payment” shall be an amount equal to the sum of (a) the Fixed Rent due under the Lease as of the Taking Termination Date, (b) any other amounts due under the Lease as of the Taking Termination Date, (c) the aggregate remaining Fixed Rent and Additional Rent payable by Tenant hereunder for the Initial Term (or any Extension Period for which the Term has been extended), discounted to present worth at a discount rate equal to 7.5% (provided, however, Tenant shall not be liable for, and any amounts pursuant to this provision (c), which, when added to the award payable in connection with the Material Taking, exceed one hundred and five percent (105%) of the purchase price paid by the Landlord under this Lease in connection with its purchase of the Premises), and (d) any other amounts that are due and owing to Lender or Landlord by reason of any default by Tenant in complying with its obligations under this Lease. This Lease shall remain in full force and effect prior to the Taking Termination Date.
View Source

Related to Taking Termination Date

  • Existing Termination Date as defined in Section 2.18.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Revolving Termination Date means the earlier to occur of:

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).