Merger of Estates. The Easement Rights created in the Ground Lease and benefiting applicable parcels of real property described herein shall continue until terminated as provided therein, notwithstanding any merger of title (existing presently or in the future) in a common owner, and none of the parties intend that there be, and there shall not be in any event, a merger of any of the Easement Rights with the title or other interest of any owner of the real property interests described therein.
Appears in 3 contracts
Samples: Ground Lease Agreement (WestRock Co), Ground Lease Agreement (Ingevity Corp), Ground Lease Agreement (Ingevity Corp)
Merger of Estates. The Easement Rights created in the Ground this Lease and benefiting applicable parcels of real property described herein shall continue until terminated as provided thereinherein, notwithstanding any merger of title (existing presently or in the future) in a common owner, and none of the parties intend that there be, and there shall not be in any event, a merger of any of the Easement Rights with the title or other interest of any owner of the real property interests described thereinherein.
Appears in 3 contracts
Samples: Ground Lease Agreement (WestRock Co), Ground Lease Agreement (Ingevity Corp), Ground Lease Agreement (Ingevity Corp)