Common use of Deletion of Provisions Clause in Contracts

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 Ventas, Inc. 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 materially and adversely affect the Tenant under such New Lease.

Appears in 4 contracts

Samples: Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (Capital Senior Living Corp), Master Lease Agreement (Capital Senior Living Corp)

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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 Ventas, Inc. 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 materially and adversely affect alter the terms under which Tenant under such New Leaseleases the Transferred Property as set forth in this Lease immediately prior to the Property Transfer Date.

Appears in 1 contract

Samples: Master Lease Agreement (Brookdale Senior Living Inc.)

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