Deletion of Provisions. At the election of Landlord, any one or more of the provisions of the New Lease pertaining to the REIT status of any member of Landlord (or any Affiliate of any member of Landlord) shall be deleted. In addition, Landlord may delete and eliminate from such New Lease such provisions herein as it elects, provided such deletion and elimination do not in any material respect affect any of the obligations, liabilities, rights or remedies of Tenant under such New Lease with respect to the affected Removal Property.
Appears in 5 contracts
Samples: Master Lease (First Seacoast Bancorp, Inc.), Master Lease (Seritage Growth Properties), Master Lease (Sears Holdings Corp)
Deletion of Provisions. At the election of Landlord, any one or more of the provisions of the New Lease pertaining to the REIT status Requirements of any member of Landlord (or any REIT Affiliate of any member of Landlord) shall be deleted. In addition, Landlord may delete and eliminate from such New Lease such provisions herein as it elects, provided such deletion and elimination do not in any material respect affect any of the obligations, liabilities, rights or remedies of Tenant under such New Lease with respect to the affected Removal Property.
Appears in 2 contracts
Samples: Master Lease (Ardent Health Partners, LLC), Master Lease (Ardent Health Partners, LLC)
