Master Lease Termination and Surrender Clause Samples

Master Lease Termination and Surrender. Sublessor shall have the -------------------------------------- right to exercise its options to elect to cancel the Master Lease pursuant to Article VI thereof, with no liability to Sublessee as a result of such a termination of the Master Lease. Sublessor shall also have the right, with no liability to Sublessee to enter into and carry out at any time an agreement with the Master Landlord pursuant to which the Master Lease shall be terminated and surrendered so long as the Master Landlord simultaneously enters into a new direct lease with Sublessee with the same terms, covenants and conditions as this Sublease, except for the rights of Sublessee under Section 7.2 (which shall terminate); and Sublessee hereby agrees to enter into and accept such new direct lease with the Master Landlord at such time and to agree to and assume the ARTICLE SEVEN ------------- Development Agreement ---------------------