Merger of Estates. The exercise of this Option shall not terminate this Lease or modify or reduce Lessee’s obligations under this Lease. Upon closing of the purchase of the Leased Premises pursuant to this Option, however, this Lease shall terminate and be of no further force and effect.
Appears in 3 contracts
Samples: Lease Agreement With Option to Purchase (Remembrance Group, Inc.), Lease Agreement With Option to Purchase (Remembrance Group, Inc.), Lease Agreement With Option to Purchase (Remembrance Group, Inc.)
Merger of Estates. The exercise of this Option shall not riot terminate this Lease or modify or reduce Lessee’s obligations under this Lease. Upon closing of the purchase of the Leased Premises pursuant to this Option, . however, this Lease shall terminate and be of no further force and effect.
Appears in 1 contract
Samples: Lease Agreement With Option to Purchase (Remembrance Group, Inc.)