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 Xxxxxx, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of City, terminate all or any existing subleases or subtenancies, or may, at the option of City, operate as an assignment to it of any and all such subleases or subtenancies.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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

Appears in 1 contract

Samples: Lease Agreement

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

Appears in 1 contract

Samples: Lease Agreement

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