Common use of No Merger Clause in Contracts

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 26 contracts

Samples: Retail Lease (La Rosa Holdings Corp.), Lease Agreement (ProPhase Labs, Inc.), Lease (QuantumScape Corp)

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No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s 's interest under any or all such subleases.

Appears in 25 contracts

Samples: Office Lease (Armata Pharmaceuticals, Inc.), Single Tenant Lease (Triple Net) (Biocept Inc), Multi Tenant Lease (Nnn) (WaferGen Bio-Systems, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation of this Lease, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 25 contracts

Samples: Office Lease Agreement (Smartsheet Inc), Modified Gross Office Lease, Office Lease Agreement (Evoke Pharma Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) Landlord terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 20 contracts

Samples: Office Lease (Ziprecruiter, Inc.), Office Lease (Research Solutions, Inc.), Office Lease (Blackline, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, a mutual cancellation or a mutual termination thereof hereof, shall not work as constitute a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases affecting the Premises.

Appears in 19 contracts

Samples: Lease Agreement (CLS Holdings USA, Inc.), Lease Agreement (CLS Holdings USA, Inc.), Office Lease (BigCommerce Holdings, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 17 contracts

Samples: Office Lease (Terns Pharmaceuticals, Inc.), Office Lease (Kronos Bio, Inc.), Office Lease (Kronos Bio, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 17 contracts

Samples: Sublease (Cloudera, Inc.), Lease Agreement (Cloudera, Inc.), Lease Agreement (Cloudera, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual the cancellation of this Lease by agreement of Tenant and Landlord or the termination thereof shall of this Lease on account of Tenant's default will not work as a merger merger, and shallwill, at the option of Landlord's option, either (a) terminate all any subleases or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest any subleases. Landlord's option under any or this paragraph will be exercised by notice to Tenant and all such subleasesknown subtenants of the Leased Property.

Appears in 15 contracts

Samples: Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (Brookdale Senior Living Inc.), Master Lease Agreement (Alterra Healthcare Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) subtenancies or operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 13 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation of this Lease shall not work as a merger and shall, at the option of Landlord's option, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 12 contracts

Samples: Office Lease (Fresh Medical Laboratories, Inc.), Lease Agreement (Suntek Corp), Industrial Lease (Studio One Media, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation thereof, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubtenancies.

Appears in 12 contracts

Samples: Office Lease (Eargo, Inc.), Office Lease (Eargo, Inc.), Office Lease (Flitways Technology Inc.)

No Merger. The voluntary or other surrender of this the Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) Landlord terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 11 contracts

Samples: Commercial Lease (Control4 Corp), Commercial Lease (Whitney Information Network Inc), Commercial Lease (1 800 Contacts Inc)

No Merger. The Without limiting any of the provisions of this Section, if Tenant has entered into any subleases of any portion of the Premises, the voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation by Landlord and Tenant, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies or, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 10 contracts

Samples: Lease Amendment (iVOW, Inc.), Office Lease (Microvision Inc), Office Lease (Watchguard Technologies Inc)

No Merger. The voluntary or other surrender or termination of this Lease by Tenant Tenant, or a mutual termination thereof cancellation hereof shall not work as a merger and shallmerger, but, at the option of Landlord’s sole option, shall either (a) terminate all existing subleases or any existing subleases, subtenancies or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement (Zulily, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and merger, but shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 6 contracts

Samples: Office Space Lease (Mellanox Technologies, Ltd.), Lease (Diamond Resorts Parent, LLC), Office Space Lease (Mellanox Technologies, Ltd.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 5 contracts

Samples: Office Lease (Xoom Inc), Office Lease (NBC Internet Inc), Office Lease (Zebu)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation of this Lease shall not work as a merger and shall, at the option of Landlord’s option, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 5 contracts

Samples: Office Lease (Revelstone Capital Acquisition Corp.), Office Lease (SenesTech, Inc.), Office Lease (SenesTech, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation hereof, or the termination thereof of this Lease in accordance with its terms, shall not work as result in a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 5 contracts

Samples: Office Lease (Eidos Therapeutics, Inc.), Office Lease (Eidos Therapeutics, Inc.), Office Lease (Audentes Therapeutics, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination cancellation thereof shall not work as a merger merger, and shall, at the option of LandlordLandlord exercisable in its sole and absolute discretion, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 5 contracts

Samples: Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement

No Merger. The voluntary or other surrender of this Lease possession of the Premises by Tenant Tenant, or a mutual termination thereof cancellation of this Lease, shall not work as result in a merger of Landlord's and Tenant's estates, and shall, at the option of Landlord, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 4 contracts

Samples: Office Building Lease (Aames Financial Corp/De), Lease Agreement (Quantum Corp /De/), Office Building Lease (Nupo Innovations Inc)

No Merger. The voluntary or other surrender or termination of this Lease by Tenant Tenant, or a mutual termination thereof cancellation hereof shall not work as a merger and shallmerger, but, at the option of Landlord's sole option, shall either (a) terminate all existing subleases or any existing subleases, subtenancies or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 4 contracts

Samples: Lease Agreement (Value Line Inc), Lease Agreement (Lawson Products Inc/New/De/), Real Estate Sales Contract (Lawson Products Inc/New/De/)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as result in a merger of Landlord’s and Tenant’s estates, and shall, at the option of Landlord, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 4 contracts

Samples: Office Lease (Zendesk, Inc.), Lease Agreement (Skullcandy, Inc.), Lease Agreement (Affinity Gaming, LLC)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as constitute a merger of the Landlord’s and Tenant’s estate, and shall, at the option of Landlord, operate either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies or as a termination thereof.

Appears in 4 contracts

Samples: Office Lease Agreement (ACON S2 Acquisition Corp.), Lease Agreement (Twist Bioscience Corp), Lease Agreement (Ampio Pharmaceuticals, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual cancellation of the Lease or a termination thereof shall by Landlord will not work as a merger and shallwill, at the option of Landlord, either (a) terminate all or of any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubtenancies.

Appears in 4 contracts

Samples: Lease Agreement, Triple Net Lease (MINDBODY, Inc.), Triple Net Lease (MINDBODY, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation hereof, or the termination thereof of this Lease by Landlord pursuant to any provision contained herein, shall not work as a merger and shallmerger, but at the option of Landlord, shall either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or and all such subleasessubleases or subtenancies as determined by Landlord, exercisable in Landlord’s sole discretion.

Appears in 4 contracts

Samples: Casino Lease (Bref Hr, LLC), Casino Lease (Bref Hr, LLC), Asset Purchase Agreement (155 East Tropicana Finance Corp.)

No Merger. The voluntary or other surrender or termination of this Lease by Tenant Tenant, or a mutual termination cancellation thereof shall not work as a merger and shallmerger, but, at the option of Landlord’s sole option, shall either (a) terminate all existing subleases or any existing subleases, subtenancies or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 4 contracts

Samples: Office Lease (Impinj Inc), Office Lease (Impinj Inc), Office Building Lease (Onyx Software Corp/Wa)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Office Lease (Looksmart LTD), Office Lease (Medivation, Inc.), Lease Agreement (Durect Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate any or all existing subleases or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleases.

Appears in 3 contracts

Samples: Office Lease (Interwave Communications International LTD), Office Lease (Interwave Communications International LTD), Build to Suit Lease (Macromedia Inc)

No Merger. The voluntary or other surrender of this the Master Lease by Tenant Tenant, or a mutual cancellation, termination thereof or expiration thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord in its sole discretion, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Consent to Subletting, Office Lease Agreement (Emmaus Life Sciences, Inc.), Consent to Subletting (Emmaus Life Sciences, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger at merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Office Space Lease (Adexa Inc), Office Space Lease (Concentric Network Corp), Office Space Lease (Adexa Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant to Landlord, or a mutual termination thereof hereof, shall not work as a merger merger, and shall, shall at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies affecting the Premises.

Appears in 3 contracts

Samples: Office Lease (En Pointe Technologies Inc), Standard Office Lease (Netgear Inc), Standard Office Lease (Health Management Systems Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation of this Lease shall not work as a merger and shall, at merger. At the option of Landlord, any such surrender or cancellation of this Lease shall either (a) terminate any and all then existing subleases or any existing subleases, subtenancies or (b) operate as an assignment to Landlord of Tenant’s interest under in any or and all such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Office Lease (Fitbit Inc), Office Lease Agreement (Riverbed Technology, Inc.), Office Lease Agreement (Riverbed Technology, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Ground Lease (Renaissance Entertainment Corp), Ground Lease (Renaissance Entertainment Corp), Ground Lease (Renaissance Entertainment Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant or a the cancellation of this Lease by mutual agreement of Tenant and Landlord or the termination thereof shall of this Lease on account of Tenant’s default will not work as a merger merger, and shallwill, at the option of Landlord’s option, either (a) terminate all or any existing subleases, subleases and subtenancies; or (b) operate as an assignment to Landlord of Tenant’s interest under all or any subleases or all such subleasessubtenancies.

Appears in 3 contracts

Samples: Lease Agreement (Andina II Holdco Corp.), Lease Agreement (Andina II Holdco Corp.), Lease Agreement (Andina II Holdco Corp.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 3 contracts

Samples: Office Lease (Newport International Group Inc), Lease Agreement (Steck Vaughn Publishing Corp), Lease Agreement (Jupiter Marine International Holdings Inc/Fl)

No Merger. The A voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 3 contracts

Samples: Office Lease (Jaguar Health, Inc.), Office Sublease Agreement (Jaguar Health, Inc.), Standard Office Lease (Cybergold Inc)

No Merger. The voluntary or other surrender of this Lease or of the Premises by Tenant or a mutual termination thereof cancellation of this Lease shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or Landlord any existing subleases, subleases may be terminated or (b) operate as an assignment be deemed assigned to Landlord in which latter event the subleases or subtenants shall become tenants of Tenant’s interest under any or all such subleasesLandlord.

Appears in 3 contracts

Samples: Lease Agreement (JMP Group LLC), Lease Agreement (JMP Group Inc.), Office Lease (Micromuse Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, --------- or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 2 contracts

Samples: Office Lease (Intek Information Inc), Office Lease (Northpoint Communications Group Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation hereof, or the termination thereof of this Lease by Landlord pursuant to any provision contained herein, shall not work as a merger and shallmerger, but at the option of Landlord, shall either (a) terminate any or all existing permitted subleases or any existing subleasessub-tenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or and all such subleasespermitted subleases or sub-tenancies.

Appears in 2 contracts

Samples: Hotel Lease / Purchase Agreement (Full House Resorts Inc), Hotel Lease / Purchase Agreement (Full House Resorts Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation hereof, or the termination thereof of this Lease by Landlord pursuant to any provision contained herein, shall not work as a merger and shallmerger, but at the option of Landlord, shall either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to the Landlord of Tenant’s interest under any or and all such subleasessubleases or subtenancies as determined by Landlord, exercisable in Landlord’s sole discretion.

Appears in 2 contracts

Samples: Lease Agreement (Bh Re LLC), Lease Agreement (Bh Re LLC)

No Merger. The Neither Tenant’s voluntary or other surrender of this Lease, nor the parties’ mutual termination or cancellation of this Lease, nor a termination of this Lease by Landlord for a default by Tenant or a mutual termination thereof under this Lease, shall not work as a merger with any Sublease, and shallLandlord may, in the event of any such occurrence, elect, at its sole option, by written notice to the option of Landlordsubtenant or subtenants, either (a) terminate or assume, as the landlord, all or any then-existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasesSubleases.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (WuXi PharmaTech (Cayman) Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, --------- or a mutual cancellation of this Lease, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 2 contracts

Samples: Standard Full Service Gross Office Lease (Copper Mountain Networks Inc), Standard Full Service Gross Office Lease (Copper Mountain Networks Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, ---------- or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 2 contracts

Samples: Office Lease (Walker Interactive Systems Inc), Office Lease (Smartage Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual the termination thereof of this Lease prior to expiration of the Lease Term shall not work as constitute a merger and shallmerger, and, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases of the Premises.

Appears in 2 contracts

Samples: Lease Agreement (Ultimate Sports Entertainment Inc), Lease Agreement (Statmon Technologies Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) Landlord shall terminate all or any existing subleasesassignments, subleases or subtenancies, or (b) at the option of Landlord may operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasesassignments, subleases or subtenancies.

Appears in 2 contracts

Samples: Office Lease (Raptor Pharmaceutical Corp), Office Lease (Spatialight Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation of it, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) subtenancies or operate as an assignment to Landlord of Tenant’s interest under any all subleases or all such subleasessubtenancies.

Appears in 2 contracts

Samples: Office Lease (Hambrecht & Quist Group), Standard Office Lease (Salon Internet Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord's option, either (a) terminate all or any existing subleasessubleases or subtenancies or may, or (b) at Landlord's option, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 2 contracts

Samples: Lease Agreement (Aames Financial Corp/De), Lease Agreement (Preferred Credit Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation of this Lease, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies (unless Landlord at the time of its approval of any sublease or subtenancy has previously agreed that said subtenant may remain in the Premises upon any such surrender), or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s 's interest under in any or all such subleasessubleases or subtenancies.

Appears in 2 contracts

Samples: Lease Agreement (Griffin Capital Essential Asset REIT II, Inc.), Lease Agreement (Griffin Capital Essential Asset REIT II, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) sub-tenancies or operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or sub­ tenancies.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

No Merger. The voluntary or other surrender or termination of this Lease by Tenant Tenant, or a mutual termination cancellation thereof shall not work as a merger and shallmerger, but, at the option of Landlord's sole option, shall either (a) terminate all existing subleases or any existing subleases, subtenancies or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 2 contracts

Samples: Office Building Lease (Onyx Software Corp/Wa), Office Building Lease (Homegrocer Com Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, --------- or a mutual termination thereof cancellation thereof, shall not work as a merger and shallmerger, and, at the option of Landlord, either shall operate (a) to terminate all or any existing subleases, subleases or subtenancies under the Lease or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases and subtenancies.

Appears in 2 contracts

Samples: Commercial Office Lease (2bridge), Commercial Office Lease (2bridge)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof hereof, shall not work as constitute a merger merger, and shallshall operate, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies affecting the Premises.

Appears in 2 contracts

Samples: Facilities Lease (Capricor Therapeutics, Inc.), Facilities Lease (Capricor Therapeutics, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubtenancies. There shall be no merger of this Lease or of the leasehold estate hereby created with the fee estate in the Premises or any part hereof by reason of the fact that the same person may acquire or hold all or part of both such estates.

Appears in 2 contracts

Samples: Lease Agreement (Solomon Technologies Inc), Lease Agreement (Transact Technologies Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, the mutual cancellation of this Lease by agreement, or a mutual the termination thereof shall of this Lease on account of Tenant's default, will not work as a merger and shallwill, at the option of Landlord's option, either (a) terminate all any subtenancies or any existing subleases, or (b) operate as an assignment of any such subtenancies to Landlord of Tenant’s interest under any or all such subleasesLandlord.

Appears in 2 contracts

Samples: Restaurant Lease (Il Fornaio America Corp), Restaurant Lease (Il Fornaio America Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof shall cancellation thereof, will not work as a merger merger, and shallwill, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (SuccessFactors, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual cancellation of this Lease or a termination thereof shall by Landlord will not work as a merger and shallwill, at the option of Landlord, either (a) terminate all or of any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubtenancies.

Appears in 1 contract

Samples: Lease Agreement (AE Biofuels, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination cancellation thereof shall not work as a merger merger, and shall, at the option of LandlordLandlord exercisable in its sole and absolute discretion, either (a) terminate all or any existing subleasesleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasesleases or subtenancies.

Appears in 1 contract

Samples: Lease and Feedstock Supply Agreement

No Merger. The voluntary or other surrender or termination --------- of this Lease by Tenant Tenant, or a mutual termination cancellation thereof shall not work as a merger and shallmerger, but, at the option of Landlord's sole option, shall either (a) terminate all existing subleases or any existing subleases, subtenancies or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease (Netsource Communications Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or stibtenancies, or (b) may, at the option of Landlord. operate as an a assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Unity First Acquisition Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest 's Interest under any or all such subleases.

Appears in 1 contract

Samples: Office Lease (Silicon Image Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation of this Lease by Landlord and Tenant, shall not work as a merger of the leasehold estate and shallLandlord’s title in and to the Premises. At any time after such surrender or cancellation, at the option of Landlordhowever, either (a) Landlord may elect to terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasesthis Lease.

Appears in 1 contract

Samples: Ground Sub Sublease

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No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation hereof, or the termination thereof of this Lease by Landlord pursuant to any provision contained herein, shall not work as a merger and shallmerger, but at the option of Landlord, shall either (a) terminate any or all existing subleases or any existing subleasessub-tenancies, or (b) operate as an assignment to the Landlord of Tenant’s interest under any or and all such subleasessubleases or sub-tenancies.

Appears in 1 contract

Samples: Lease Assignment and Amendment (Global Medical REIT Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation thereof, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate teerminate all or any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubtenancies.

Appears in 1 contract

Samples: Lease Agreement (Omnicell Com /Ca/)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation hereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease Agreement (Fahnestock Viner Holdings Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation thereof, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubtenancies.

Appears in 1 contract

Samples: Lease (Broadcom Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual cancellation of the Lease or a termination thereof shall by Landlord will not work as a merger and shallwill, at the option of Landlord, either (a) terminate all or of any existing subleasessub-tenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessub-tenancies.

Appears in 1 contract

Samples: Lease Agreement

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, the mutual cancellation thereof or a mutual the termination thereof shall not work of this Lease by Landlord as a merger and result of an event of default by Tenant shall, at the option of Landlord, either (a) terminate all or any existing subleasessubtenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubtenancies.

Appears in 1 contract

Samples: Industrial Gross Lease (Celera CORP)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual the cancellation of this Lease by agreement of Tenant and Landlord or the termination thereof shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord this Lease on account of Tenant’s interest under default will not work a merger, and will, at Landlord’s option, terminate any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (Emeritus Corp\wa\)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate any and all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (Maxim Pharmaceuticals Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) Landlord shall terminate all or any existing subleasesAssignments or Subleases, or (b) at the option of Landlord may operate as an assignment to Landlord of Tenant’s interest under any or all Assignments or Subleases. Furthermore, any foreclosure of a mortgage that may be held by a Tenant on the Land and/or the Premises shall not work a merger, and in such subleasesinstance, the Lease hereunder shall remain in full force and effect.

Appears in 1 contract

Samples: Lease Agreement (Praecis Pharmaceuticals Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation of this Lease shall not work as a merger and shall, at the option of Landlord's option, either (a) terminate any ro all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (Orthopedic Biosystems LTD Inc)

No Merger. 22.1 The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) subtenancies or operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (PeopleSupport, Inc.)

No Merger. . The voluntary or other surrender of this Lease by Tenant Tenant, a mutual cancellation or a mutual termination thereof hereof, shall not work as constitute a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases affecting the Premises.

Appears in 1 contract

Samples: Office Lease (Maguire Properties Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, a mutual cancellation or a mutual termination thereof hereof; shall not work as constitute a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) shall operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases affecting the Premises.

Appears in 1 contract

Samples: Office Lease (TrueCar, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord it of Tenant’s interest under any an or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (CRL Network Services Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation thereof, or a termination thereof by Landlord, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessub-tenancies or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessub-tenancies.

Appears in 1 contract

Samples: Office Lease (Noosh Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or and/or all such subleasessubleases of subtenants.

Appears in 1 contract

Samples: Ground Lease (Penn National Gaming Inc)

No Merger. The Tenant’s voluntary or other surrender of this Lease by Tenant Lease, or a mutual termination thereof shall the parties’ cancellation of this Lease, will not work as a merger and shallmerger, but will, at the option of Landlord’s option, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies. Notwithstanding the foregoing, Tenant acknowledges that it does not have the right voluntarily to surrender the Premises.

Appears in 1 contract

Samples: Lease Agreement (ServiceNow, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant --------- or a mutual termination thereof cancellation of this Lease shall not work as a merger and shall, at the option of Landlord's option, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (CBT Group PLC)

No Merger. The voluntary or other surrender of this Lease by Tenant --------- Tenant, or a mutual termination thereof cancellation of this Lease by Landlord and Tenant, shall not work as constitute a merger of Tenant's estate and shallLandlord's estate, and, at the option of Landlord, shall either (ai) terminate any or all existing subleases or any existing subleases, subtenancies or (bii) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Biomarin Pharmaceutical Inc)

No Merger. The voluntary or other surrender of this --------- Lease by Tenant or a mutual termination thereof cancellation hereof shall not work as a merger merger, and shall, shall at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) subtenancies or shall operate as an assignment to Landlord of Tenant’s interest under any such subleases or all such subleasessubtenancies.

Appears in 1 contract

Samples: Lease Agreement (Pharmacopeia Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) sub tenancies or operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or sub tenancies.

Appears in 1 contract

Samples: Lease Agreement

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation hereof, shall not work as a merger of this Lease, unless Landlord otherwise elects, and shall, at the option of Landlord, shall either (a) terminate any or all existing sublease or any existing subleasesconcessions, or (b) operate as an assignment thereof to landlord, whichever Landlord of Tenant’s interest under any or all such subleasesshall elect.

Appears in 1 contract

Samples: Office Building Lease (Oceanic Exploration Co)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual cancellation of this Lease, or a termination thereof shall by Landlord, will not work as a merger merger, and shallwill, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (Cinemastar Luxury Theaters Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate any and all existing subleases or any existing subleasessub-tenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or sub-tenancies.

Appears in 1 contract

Samples: Lease Agreement (Columbia Care Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof shall not work as a merger and shall, at the option of Landlord, either either; (a) terminate all or any existing subleases, ; or (b) operate as an assignment to Landlord of Tenant’s 's interest under any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (Integrated Management Information, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as result in a merger of Landlord's and Tenant's estates and shall, at the option of Landlord, either (a) terminate any or all existing subleases or any existing subleasessubtenancies, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all of such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease (Espos Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shallmerger, and, at the option of Landlord, either shall operate (a) to terminate all or any existing subleases, subleases or subtenancies under the Lease or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases and subtenancies.

Appears in 1 contract

Samples: Commercial Office Lease (Schwab Charles Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof thereof, shall not work as constitute a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases or subtenancies affecting the Premises.

Appears in 1 contract

Samples: Office Lease (Capella Education Co)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof shall not work as a merger and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (Apache Design Solutions Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation hereof shall not work as a merger merger, and shall, shall at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) subtenancies or shall operate as an assignment to Landlord of Tenant’s interest under any such subleases or all such subleasessubtenancies.

Appears in 1 contract

Samples: Office Lease (Molecular Simulations Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Txxxxx, or a mutual cancellation of this Lease, or a termination thereof shall by Landlord, will not work as a merger merger, and shallwill, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or may, or (b) at the option of Landlord, operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (SKYX Platforms Corp.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies, or (b) may, at the option of Landlord, operate as an a assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Cellular Technical Services Co Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasesLeases or subtenancies, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasesLeases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleasessubleases or subtenancies except as otherwise agreed to by the parties, or (b) may, at the option of Landlord, operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or subtenancies.

Appears in 1 contract

Samples: Lease (Greektown Superholdings, Inc.)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, or (b) operate as an assignment to Landlord it of Tenant’s interest under any or all such subleasessubleases or sub tenancies.

Appears in 1 contract

Samples: Office Lease (Hoovers Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant Tenant, or a mutual termination thereof cancellation thereof, shall not work as a merger and shallmerger, and, at the option of Landlord, either shall operate (a) to terminate all or any existing subleases, subleases or subtenancies under this Lease or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleasessubleases and subtenancies.

Appears in 1 contract

Samples: Commercial Office Lease (Tut Systems Inc)

No Merger. The voluntary or other surrender of this Lease by Tenant or a mutual termination thereof cancellation hereof shall not work as result in a merger merger, and shall, at the option of Landlord, either (a) terminate all or any existing subleases, subleases or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 1 contract

Samples: Lease Agreement (Equidyne Corp)

No Merger. The To the extent permitted by Law, the voluntary or other surrender of this Lease by Tenant Tenant, a mutual cancellation of this Lease, or a mutual termination thereof by Landlord shall not work as cause a merger merger, and shall, at the option of Landlord, either (a) terminate all existing subtenancies or any existing subleasesmay, or (b) operate as at the option of Landlord, cause an assignment to a Landlord of Tenant’s interest under any or all such subleasessubtenancies.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Western Multiplex Corp)

No Merger. The voluntary or other surrender of this Lease by Tenant or Tenant, a mutual cancellation of -this Lease, or the termination thereof of this Lease by Landlord pursuant to any provision contained herein, shall not work as a merger and shallmerger, but, at the option of Landlord’s option, shall either (a) terminate any or all or any existing subleasessubleases hereunder, or (b) operate as an assignment to Landlord of Tenant’s interest under any or all such subleases.

Appears in 1 contract

Samples: Industrial Gross Lease (Lotus Pacific Inc)

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