Non-Merger of Estates. The interests of City, BSD and Club in the Venue shall at all times be separate and apart, and shall in no event be merged, notwithstanding the fact that this Agreement, or any interest therein, may be held directly or indirectly by or for the account of the Person who shall own the fee title to the Venue or any portion thereof; and no such merger of estates shall occur by operation of law, or otherwise, unless and until all Persons at the time having any interest in the Venue shall join in the execution of a written instrument effecting such merger of estates.
Appears in 4 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
