How can I declare "Blanks" in the Value of CondName of an AlarmCondBasic Element
You cant. Use Hyphens (-), Underscores "_" or CamelCase instead.
Spaces are not allowed in condition names. If at some time in the furture you want to use an alarm management package from a third party vendor, or do some other things with external alarm handling, those spaces could cause you trouble when you try to parse the alarm message string.