Common use of No Merger of Leasehold and Fee Estates Clause in Contracts

No Merger of Leasehold and Fee Estates. For as long as any Leasehold Mortgage is in existence, there shall be no merger of this Lease and the leasehold estate created hereby and the fee estate of Landlord in the Premises merely because both estates have been acquired or become vested in the same person or entity, unless Leasehold Mortgagee otherwise consents in writing.

Appears in 1 contract

Samples: Ground Lease

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No Merger of Leasehold and Fee Estates. For as long as any Leasehold Mortgage Encumbrance is in existence, there shall be no merger of this Lease and the leasehold estate created hereby by this Lease and the fee estate of Landlord in the Premises merely because both estates have been acquired or become vested in the same person or entity, unless Leasehold Mortgagee Lender otherwise consents in writing.

Appears in 1 contract

Samples: Ground Lease (Hall of Fame Resort & Entertainment Co)

No Merger of Leasehold and Fee Estates. For as long as any Leasehold Mortgage Encumbrance is in existence, there shall be no merger of this Lease and the leasehold estate created hereby by this Lease and the fee estate of Landlord Lessor in the Premises merely because both estates have been acquired or become vested in the same person or entity, unless Leasehold Mortgagee Encumbrance Holder otherwise consents in writing.

Appears in 1 contract

Samples: Ground Lease Agreement

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No Merger of Leasehold and Fee Estates. For as long as any Leasehold Mortgage is in existence, there shall be no merger of this Lease and the leasehold estate created hereby by this Lease and the fee estate of Landlord Lessor in the Premises Property merely because both estates have been acquired or become vested in the same person or entity, unless Leasehold Mortgagee the Permitted Lender otherwise consents in writing.

Appears in 1 contract

Samples: Ground Lease

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