Common use of Termination with Respect to Fewer than Clause in Contracts

Termination with Respect to Fewer than. All of the Leased Properties. Wherever in this Agreement the action of terminating this Agreement with respect to any Leased Property (or action of similar import) is discussed, such action shall mean the termination of the applicable Tenants’ rights in and to the Leased Property relating to such termination. Notwithstanding anything in this Agreement to the contrary, if this Agreement shall be terminated with respect to any Leased Property, such termination shall not affect the Term of this Agreement with respect to the balance of the Leased Properties not so terminated, and this Agreement shall continue in full force and effect with respect to each other such Leased Property. Nothing contained in this Section shall serve in any way to limit the Parties’ respective abilities to terminate a Master Lease pursuant to the terms thereof.

Appears in 4 contracts

Samples: Master Lease Agreement (Aimco OP L.P.), Master Lease Agreement (Aimco Properties L.P.), Master Leasing Agreement (Aimco OP L.P.)

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