Common use of Surrender of Premises Clause in Contracts

Surrender of Premises. 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, operate as an assignment to it of any or all subleases or subtenancies.

Appears in 15 contracts

Samples: Sublease (Invitae Corp), Sublease (Invitae Corp), Office Lease (Cougar Biotechnology, Inc.)

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Surrender of Premises. 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, operate as an assignment to it of any or all subleases or and subtenancies.

Appears in 11 contracts

Samples: Office Lease (Rimini Street, Inc.), Sublease Agreement (GP Investments Acquisition Corp.), Office Building Lease (Rimini Street, Inc.)

Surrender of Premises. 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 the Landlord, terminate all or any existing subleases or subtenancies, or may, at the option of Landlord, operate as an assignment to it of any or all such subleases or subtenancies.

Appears in 6 contracts

Samples: Lease (1st Pacific Bancorp), Office Building Lease (Fortress Group Inc), Industrial Lease Agreement (Titan Motorcycle Co of America Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereofhereof, shall not work a merger, and shall, at the option of Landlord, operate as an assignment to it of any or all subleases or subtenancies.

Appears in 4 contracts

Samples: Belvedere Place (Redwood Trust Inc), Belvedere Place (Amarin Corp Plc\uk), I Lease (American Ecology Corp)

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

Appears in 4 contracts

Samples: Expansion Agreement (Geac Computer Corp LTD), Watergate Office Lease (Siebel Systems Inc), 1 (Extensity Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, Tenant or a mutual cancellation thereof, thereof shall not work a merger, and shalland, at the option of LandlordLandlord shall terminate all or any existing subleases or subtenancies, or at the option of Landlord may operate as an assignment to it Landlord of any or all such subleases or subtenancies.

Appears in 4 contracts

Samples: Lease (Radnor Holdings Corp), Styrochem International Inc, Styrochem International Inc

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

Appears in 3 contracts

Samples: www.dot.ca.gov, www.dot.ca.gov, General Lease (Copart Inc)

Surrender of Premises. 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 subtenancies, or may, at the option of Landlord, operate as an assignment to it of any or all subleases or such subtenancies.

Appears in 3 contracts

Samples: Lease Agreement (Poore Brothers Inc), Lease Agreement (Cygnet Financial Corp), Lease Agreement (Cygnet Financial Corp)

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

Appears in 3 contracts

Samples: Assignment of Lease (Viador Inc), Office Lease (Zebu), Finisar Corp

Surrender of Premises. 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 subtenancies, or may, at the option of Landlord, operate as an assignment to it of any or all such subleases or subtenancies.

Appears in 3 contracts

Samples: Center Triple Net Lease (Bank of Commerce Holdings), Assignment of Lease (Network Holdings International Inc), Sublease Agreement (Genius Products Inc)

Surrender of Premises. (a) The voluntary or other surrender of this Lease by TenantTenant to Landlord, or a mutual cancellation termination thereof, shall not work a merger, and shall, shall at the option of Landlord, operate as an assignment to it of any or all subleases or subtenanciessubtenancies affecting the Premises.

Appears in 3 contracts

Samples: Lease (Cerus Corp), Ocular Sciences Inc /De/, Tickets Com Inc

Surrender of Premises. The voluntary or other surrender of this Lease lease by Tenant, or a mutual cancellation thereof, Tenant to Landlord shall not work a merger, merger and shall, at the option of Landlord, operate as an assignment to it of any or all subleases or subtenanciesaffecting the premises.

Appears in 3 contracts

Samples: Lease Agreement (Ilx Inc/Az/), Agreement (Sedona Worldwide Inc), Lease Agreement (Sedona Worldwide Inc)

Surrender of Premises. 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 subtenancies, or may, at the option of Landlord, operate as an assignment to it Landlord of any or all such subleases or subtenancies. Tenant agrees that there shall be no value to the leasehold upon termination or cancellation of the Lease under its terms.

Appears in 3 contracts

Samples: Lease (Matrix Capital Corp /Co/), Lease (CSK Auto Corp), Matrix Capital Corp /Co/

Surrender of Premises. The voluntary or other surrender of this Lease lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Landlord, operate as an assignment to it of any or all subleases sublessees or subtenancies.

Appears in 2 contracts

Samples: General Office Lease (Micron Electronics Inc), General Office Lease (Micron Electronics Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereofhereof, shall not work a merger, and shallbut, at the option of Landlord’s sole option, shall either terminate all existing subleases or subtenancies or shall operate as an assignment to it of any or all such subleases or subtenancies.

Appears in 2 contracts

Samples: Lease Agreement, Amendment of Lease Agreement (E2open Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, Tenant or a mutual cancellation thereof, thereof shall not work a merger, and shallmerger and, at the option of Landlord, shall terminate all or any existing subleases or subtenancies or, at the option of Landlord, shall operate as an assignment to it Landlord of any or all such subleases or of subtenancies.

Appears in 2 contracts

Samples: Lease (Daily Journal Corp), Lease (Daily Journal Corp)

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

Appears in 2 contracts

Samples: Lease Agreement, Sunpower Corp

Surrender of Premises. 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 the Landlord, terminate all or any existing subleases or subtenancies, or may, at the option of Landlord, operate as an assignment to it of or any or all such subleases or subtenancies.

Appears in 2 contracts

Samples: Improvement Agreement (Leapfrog Enterprises Inc), Standard Lease Agreement (Intest Corp)

Surrender of Premises. The A voluntary surrender or other surrender of this Lease by Tenant, Tenant or a the mutual cancellation thereof, of this Lease shall not work a merger, and shall, at the option . Any surrender or mutual cancellation of Landlord, this Lease shall operate as an automatic assignment to it Landlord of any or all subleases or subtenancies.

Appears in 2 contracts

Samples: Work Letter Agreement (Constant Contact, Inc.), Trulia, Inc.

Surrender of Premises. 34. The voluntary or other surrender of this Lease the Premises by Tenant, or a mutual cancellation thereofof this Lease, shall not work a merger, and shall, at the option of Landlord, operate as an assignment to it of any or all subleases or subtenancies, and no merger shall be effected in the event of such surrender.

Appears in 2 contracts

Samples: Assignment Agreement (Syncor International Corp /De/), Office Lease (Retix)

Surrender of Premises. (a) The voluntary or other surrender of this Lease Sublease by TenantTenant to Landlord, or a mutual cancellation termination thereof, shall not work a merger, and shall, shall at the option of Landlord, operate as an assignment to it of any or all subleases Subleases or subtenanciessubtenancies affecting the Premises.

Appears in 1 contract

Samples: Sublease Agreement (Imarx Therapeutics Inc)

Surrender of Premises. The voluntary or other surrender of this Lease lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of the Landlord, operate as an assignment to it of any or all subleases or subtenancies.

Appears in 1 contract

Samples: General Office Lease (Enochian Biosciences Inc)

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

Appears in 1 contract

Samples: Chicago Pizza & Brewery Inc

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, shall at the option of Landlord, Landlord terminate all or any existing subleases or may at the option of Landlord operate as an assignment to it of any or all subleases or subtenanciessuch subleases.

Appears in 1 contract

Samples: Old Line Bancshares Inc

Surrender of Premises. The voluntary or other surrender of this Lease by the 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 subtenancies, or may, at the option of Landlord, operate as an assignment to it of or any or all such subleases or subtenancies.

Appears in 1 contract

Samples: Ich Corp /De/

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, Tenant or a mutual cancellation thereof, thereof shall not work a merger, and shallmerger and, at the option of Landlord, shall terminate all or any existing subleases or subtenancies, or at the option of Landlord, may operate as an is iii assignment to it Landlord of any or all such subleases or subtenancies.

Appears in 1 contract

Samples: Lease Agreement (Looksmart LTD)

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Surrender of Premises. 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, Landlord operate as an assignment to it of any or all subleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (Eidos PLC)

Surrender of Premises. 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 subtenancies, or may, at the option of Landlord, operate as an assignment to it Landlord of any or all such subleases or subtenancies.

Appears in 1 contract

Samples: Sublease Agreement (Zapme Corp)

Surrender of Premises. The voluntary or and other surrender of this Lease by Tenant, Tenant or a mutual cancellation thereof, thereof shall not work a merger, and shalland, at the option of LandlordLandlord shall terminate all or any existing subleases or subtenancies, or at the option of Landlord may operate as an assignment to it Landlord of any or all such subleases or subtenancies.

Appears in 1 contract

Samples: Styrochem International Inc

Surrender of Premises. The voluntary or of other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a as merger, and shall, at the option opinion of Landlord, operate as an assignment to it of any or all subleases or subtenancies.

Appears in 1 contract

Samples: Office Lease (Lucys Cafe Inc)

Surrender of Premises. 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 sub-tenancies, or may, at the option of Landlord, operate as an assignment to it of any or all such subleases or subtenanciessub-tenancies.

Appears in 1 contract

Samples: Lease (Nationwide Companies Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, Tenant or a mutual cancellation thereof, thereof shall not work a merger, and shallmerger and, at the option of Landlord, shall terminate all or any existing subleases or subtenancies or, at the option of Landlord, shall operate as an assignment to it Landlord of any or all such subleases or subtenancies.subtenancies.‌

Appears in 1 contract

Samples: Triple Net Lease

Surrender of Premises. 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, operate as an assignment to it of any or all subleases or and subtenancies.. ARTICLE 32

Appears in 1 contract

Samples: Letter Agreement (Accpac International Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a mergermerger and shall at the option of the Landlord, and shallterminate all or any existing sublease or subtenancies, or may, at the option of Landlord, operate as an assignment to it of any or all such subleases or subtenancies.

Appears in 1 contract

Samples: Industrial Lease Agreement (Zilog Inc)

Surrender of Premises. 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, operate as an assignment to it of or any or all subleases or subtenancies.

Appears in 1 contract

Samples: Industrial Training Corp

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

Appears in 1 contract

Samples: Lease (Nvidia Corp/Ca)

Surrender of Premises. 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 subtenancies or may, at the option of Landlord operate as an assignment to it of any or all subleases or subtenancies.

Appears in 1 contract

Samples: Acubid Com Inc

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, thereof shall not work a merger, and shall, at the option of Landlord, terminate all or any existing subleases or subtenancies, or may, at the option of Landlord, operate as an assignment to it Landlord of any or all such subleases or subtenancies. Tenant agrees that there shall be no value to the leasehold upon termination or cancellation of the Lease under its terms.

Appears in 1 contract

Samples: Improvenet Inc

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, Tenant to Landlord shall not work a merger, merger and shall, at the option of Landlord, operate as an assignment to it of any or all subleases or subtenanciesaffecting the premises.

Appears in 1 contract

Samples: Lease Agreement (Ilx Resorts Inc)

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

Appears in 1 contract

Samples: Lease (United Community Bancshares Inc)

Surrender of Premises. The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, Tenant to Landlord shall not work a merger, merger and shall, at the option of Landlord, operate as an assignment to it of any or all subleases or subtenanciesaffecting the Premises.

Appears in 1 contract

Samples: Lease Agreement (Futech Interactive Products Inc)

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

Appears in 1 contract

Samples: Entire Agreement (Boystoys Com Inc)

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