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 Neither the voluntary or other surrender of this Lease by the Lessee, or Lessee nor a mutual cancellation thereof, hereof shall not work cause a merger, and shall, at the option merger of the titles of Lessor and Lessee, but such surrender or cancellation shall operate as an assignment to Lessor of any or all such subleases that have been approved in writing by Lessor or are otherwise acceptable to Lessor, terminate all of the existing subleases or subtenancies.

Appears in 3 contracts

Samples: Ground Lease (Clean Energy Fuels Corp.), Ground Lease (Clean Energy Fuels Corp.), Ground Lease (Clean Energy Fuels 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 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 Lessee, or a mutual cancellation thereofof this Lease, shall not work a merger, and shallshall terminate all or any existing subleases or subtenancies, or may, at the option of the Lessor, terminate operate as an assignment to Lessor of any or all of the existing such subleases or subtenancies.

Appears in 2 contracts

Samples: Agricultural Lease (Farmland Partners Inc.), Agricultural Lease (Farmland Partners 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 them of any or all of such subleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Power Ten)

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 Neither the voluntary or other surrender of the Lease by Xxxxxx, nor the mutual termination of this Lease by shall cause a merger of the titles or estates of Lessor and Lessee, but such surrender or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, either terminate all of the or any existing subleases or subtenanciesoperate as an assignment to Lessor of any such subleases.

Appears in 1 contract

Samples: Ground Lease

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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 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: Lease (Cardiac Science 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. 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: Texas Lease (Iii to I Maritime Partners Cayman I Lp)

Surrender of Lease Not Merger. The Neither the voluntary or other surrender of the Lease by Lessee, nor the mutual termination of this Lease by shall cause a merger of the titles or estates of Lessor and Lessee, but such surrender or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Lessor, either terminate all of the or any existing subleases or subtenanciesoperate as an assignment to Lessor of any such subleases.

Appears in 1 contract

Samples: Ground Lease

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