Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger and shall, at the option of Landlord, terminate all or any existing subleases or subtenants, or operate as an assignment to Landlord of any or all such subleases or subtenants.
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.
Surrender of Lease Not Merger. + Neither the voluntary or other surrender of the Lease by Tenant nor the mutual cancellation thereof shall cause a merger of the titles of Landlord and Tenant, but such surrender or cancellation shall, at the option of Landlord, either terminate all or any existing subleases or operate as an assignment to Landlord of any such subleases.
Surrender of Lease Not Merger. 23 30. Waiver.....................................................................23 31. General....................................................................23 A. Captions.............................................................23 B.
Surrender of Lease Not Merger. The voluntary or other surrender of this Agreement by the County, or a mutual cancellation thereof, shall not work a merger and shall, at the option of the District, terminate all or any existing subleases or subtenants, or operate as an assignment to District of any or all such subleases or subtenants.
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.
Surrender of Lease Not Merger. A surrender of this Lease by Tenant, a cancellation of this Lease by mutual agreement between Landlord and Tenant, or a termination of this Lease for any reason shall not automatically work a merger.
Surrender of Lease Not Merger. 18 30. Waiver.........................................................18 31. General........................................................18 A. Captions..................................................18 B. Definition of Landlord....................................18
Surrender of Lease Not Merger. A surrender of this Lease by Tenant, a cancellation of this Lease by mutual agreement between Landlord and Tenant, or a termination of this Lease for any reason shall not automatically work a merger. After such a surrender, cancellation or termination Landlord may elect to (i) terminate any or all then existing subleases or subtenancies and/or (ii) treat such surrender, cancellation or termination as effecting an assignment to Landlord of any or all such sublease or subtenancies. The delivery of keys to any employee of Landlord or to Landlord’s agent or any employee thereof shall not be sufficient to constitute a termination of this Lease or a surrender of the Premises.
Surrender of Lease Not Merger. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger and shall, at the option of Landlord, terminate all or any existing subleases or subtenants, or may, at the option of Landlord, operate as an assignment to Landlord of any or all such subleases or subtenants. As provided in Paragraph 2.2 above, the Sublease to which Landlord, as sublessor, and Tenant, as sublessee are currently parties shall terminate as of December 31, 2001 (except that all of Tenant’s obligations under the Sublease accruing prior to January 1, 2002 shall survive the termination of such Sublease).
