Common use of Waiver of Termination Right Clause in Contracts

Waiver of Termination Right. Tenant waives the benefit of the provisions of any statute or rule of law now or hereafter in effect which may give or purport to give Tenant any right of election to terminate this lease or to surrender possession of the Demised Premises in the event a superior lease or superior mortgage is terminated or foreclosed, as the case may be.

Appears in 1 contract

Samples: Lease (Vision Sciences Inc /De/)

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Waiver of Termination Right. Tenant waives the benefit of the provisions of any statute statue or rule of law now or hereafter in effect which may give or purport to give Tenant any right of election to terminate this lease or to surrender possession of the Demised Premises in the event a superior lease or superior mortgage is terminated or foreclosed, as the case may be.

Appears in 1 contract

Samples: Lease (Long Distance Direct Holdings Inc)

Waiver of Termination Right. Tenant waives the benefit of the provisions of any statute statue or rule of law now or hereafter in effect which may give or purport to give Tenant any right of election to terminate this lease or to surrender possession of the Demised Premises in the event a superior lease or superior mortgage is terminated or foreclosed, as the case may be.. 21 ARTICLE 12

Appears in 1 contract

Samples: Blue Hill Plaza Lease (Quintel Entertainment Inc)

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Waiver of Termination Right. Tenant waives the benefit of the provisions of any statute statue or rule of law now or hereafter in effect which may give or purport to give Tenant Tenant, any right of election to terminate this lease or to surrender possession of the Demised Premises in the event a superior lease or superior mortgage is terminated or foreclosed, as the case may be.

Appears in 1 contract

Samples: Frontline Communication Corp

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