Laserfiche WebLink
19. EMINENT DOMAIN: <br />a. If (i) all or part of the Premises, the building located thereon, or (ii) so much of any <br />rights in the Premises or the building located thereon shall be taken or appropriated <br />under any right of eminent domain or under any other legal right whereby the taking <br />authority is obligated to compensate Landlord therefor so that there does not remain <br />premises suitable in the sole opinion of Tenant for the operation of its business, <br />then Tenant may terminate and cancel this Lease without owing any liability to <br />Landlord as of the date on which the condemning authority takes physical <br />possession upon giving to Landlord written notice of such election. Landlord agrees <br />immediately within ten (10) days after any notice of intended or actual taking or - <br />appropriation to give Tenant written notice thereof, providing to Tenant full details <br />of such taking or appropriation, including, without limitation copies of all <br />condemnation plans or surveys submitted by the condemning authority, a statement <br />of the nature of the project to be conducted by the condemning authority, and such <br />other information as right be necessary to enable Tenant to determine its future <br />course of conduct. TENANT ACKNOWLEDGES THAT LANDLORD'S <br />EXERCISE OF ITS RIGHT TO TERMINATE THIS LEASE UNDER ANY <br />THIS PARAGRAPH SHALL NOT ENTITLE TENANT TO ANY RIGHTS <br />OR CLAIMS FOR RELOCATION BENEFITS OR ANY OTHER CLAIMS <br />RELATED TO CONDEMNATION OR INVERSE CONDEMNATION. <br />b. If this Lease shall be terminated and canceled as a result of any taking or <br />appropriation, Tenant shall be released from any ftirther liability and Rent and other <br />sums for the last month of Tenant's occupancy shall be prorated and Landlord shall <br />immediately refund to Tenant any sums paid in advance. <br />Tenant reserves unto itself the right to prosecute Tenant's claim for an award for <br />damages for the termination of this Lease caused by such appropriation or taking, <br />together with damages based on the value of Tenant's improvements and Tenant's <br />fixtures and other personal property erected or installed on the Premises and <br />damages Tenant may sustain to the interest in the business operated by Tenant on <br />the Premises, including, but not limited to, goodwill, patronage, and the removal, <br />relocation, and replacement costs and expenses caused by such appropriation or <br />taking, and Tenant may file such claims as are permitted by law for the loss of its <br />leasehold interest, business dislocation damages, moving expense, or other <br />damages caused by such taking or appropriation. Tenant's right to receive <br />compensation or damages for its fixtures or its personal property shall not be <br />affected in any manner by this Lease, <br />20. LIENS: Tenant shall promptly remove and discharge, at its cost and expense, all <br />mechanic's liens, or other liens, for labor performed or materials furnished with respect to the <br />Premises by or for Tenant. <br />7 <br />