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Reso 1998-026 to 030
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Reso 1998-026 to 030
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/31/1998
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or quasigovernmental authority, civil or military, or any other agency empowered by law to <br />take property in the State of California under the power of eminent domain. A "Total <br />Taking" shall mean either (i) a Taking of all of the Premises and Improvements other than <br />for a temporary purpose or (ii) a Taking of so much of the Premises and Improvements as to <br />render, in Tenant's reasonable judgment, the balance of the Premises and Improvements <br />unsuitable for the construction or operation of a Facility of the type and in the manner set <br />forth in this Lease. A "Partial Taking" shall mean a Taking that does not constitute a Total <br />Taking. <br />Section 12.3 Effect of Taking <br />If during the Term hereof there shall be a Total Taking or a Partial Taking, then the <br />Tenant's leasehold estate in the event of a Total Taking, or the portion thereof taken in the <br />event of a Partial Taking, shall cease and terminate as of the date of Taking. If Tenant's <br />leasehold estate is so terminated in whole or in part, all Rent and other charges payable by <br />Tenant to Landlord hereunder attributable to the land, or portion thereof, taken shall be paid <br />by Tenant up to and prorated through the date of the Taking. No such termination shall <br />affect any remaining obligations of Tenant under the Tenant's Note. In the event of a Partial <br />Taking, this Lease shall not terminate, but Tenant's obligation to pay Base Rent shall be <br />subject to adjustment as provided in Section 12.5. <br />Section 12.4 Allocation of Award <br />A. With the exception of lost goodwill and relocation payments, all compensation <br />and damages awarded in connection with any Total or Partial Taking of the Premises shall be <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 49 <br />2574001\313983.8 <br />
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