Common use of Reversion upon Termination Clause in Contracts

Reversion upon Termination. All of Landlord's rights, benefits and privileges with respect to the Management Agreement shall be vested in Tenant throughout the Term of this Lease; provided, however, that upon termination of this Lease, for whatever reason, all of Landlord's rights, benefits and privileges under the Management Agreement shall automatically revert to Landlord without the necessity of any action on the part of Landlord hereunder.

Appears in 5 contracts

Samples: Lease Agreement (Crestline Capital Corp), Lease Agreement (Host Marriott L P), Lease Agreement (HMC Merger Corp)

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