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 3 contracts
Samples: Commercial Property Lease Agreement, Commercial Property Lease Agreement, Commercial Property Lease Agreement
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
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