Common use of Surrender of Lease Not Merger Clause in Contracts

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, terminate all of the existing subleases or subtenancies.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, terminate all of the or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it of any and all such subleases or subtenancies.

Appears in 2 contracts

Samples: Lease Agreement (Alpha Teknova, Inc.), Lease Agreement (Alpha Teknova, Inc.)

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the LesseeLESSEE, or a mutual cancellation thereof, shall not work a merger, merger and shall, at the option of the LessorLESSOR, terminate all or any existing subleases, and/or subtenancies, or may, at the option of the existing LESSOR, act as an assignment to it of any or all such subleases or subtenancies, if any.

Appears in 1 contract

Samples: Option Agreement (Jacobs Entertainment Inc)

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, terminate all or any existing subleases, and/or subtenancies, or may, at the option of the existing Lessor, operate as an assignment to it of any or all of such subleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Masada Security Holdings Inc)

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, terminate all or any existing subleases and subtenancies, or may, at the option of the existing Lessor, operate as an assignment to Lessor of any or all of such subleases or subtenancies.

Appears in 1 contract

Samples: Standard Business Park Lease (Cardiac Science Inc)

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Surrender of Lease Not Merger. 23.01 The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall will not work a merger, merger and shallwill, at the option of the Lessor, terminate all or any existing transfers, or may, at the option of the existing subleases Lessor, operate as an assignment to it of any or subtenanciesall of such transfers.

Appears in 1 contract

Samples: Lease Agreement (Iii to I Maritime Partners Cayman I Lp)

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the LesseeLessxx, or xx a mutual cancellation thereof, shall not work a merger, merger and shallwill, at the option of the Lessor, terminate all or any existing transfers, or may, at the option of the existing subleases Lessor, operate as an assignment to it of any or subtenanciesall of such transfers.

Appears in 1 contract

Samples: Office Lease (Software Technologies Corp/)

Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by the Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, terminate all or any existing subleases, and/or subtenancies, or may, at the option of the existing Lessor, operate as an assignment to them of any or all of such subleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Power Ten)

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