Common use of SURRENDER OF LEASE Clause in Contracts

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation of this Lease, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Office Lease (Icop Digital, Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or mayshall, at the option of Lessor, operate as an assignment to it of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Lease (Enjoy Technology, Inc./De)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation of this Leasethereof, shall not work as a merger, and shall, at the option of Lessor, terminate all or any existing subleases or of subtenancies, or may, at the option of Lessor, operate as an assignment to it of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Lease (Fp Bancorp Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease lease by Lessee, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, at the option of Lessor, shall not terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, but shall operate as an assignment to it Lessor of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Lease Agreement (Mission West Properties/New/)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by LesseeTenant, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of the Lessor, operate as an assignment to it them of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Triple Net Lease (Waters Instruments Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by ------------------ Lessee, or a mutual cancellation of this Leasethereof, shall not work a mergermerger nor relieve Lessee of any of Lessee's obligations under this Lease, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it him of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Lease (Identix Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, shall at the option of Lessor, terminate all or any existing subleases sublease or subtenancies, or may, at the option of Lessor, operate as an assignment to it of Lessee’s interest in any or all such subleases or subtenancies.. ▇▇▇▇▇ ▇▇▇ Convalescent Lease

Appears in 1 contract

Sources: Lease Agreement (Sycamore Park Convalescent Hospital)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease lease by ------------------- Lessee, accepted by Lessor, or a the mutual cancellation of this Leasehereof, shall not work a merger, merger and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, subtenancies or may, at the option of Lessor, operate as an assignment to it Lessor of Lessee’s interest in all or any or all of such subleases or subtenancies.

Appears in 1 contract

Sources: Office Lease (Evolve Software Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease by ------------------- Lessee, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it him of Lessee’s interest in any or all such subleases Subleases or subtenanciesSubtenancies.

Appears in 1 contract

Sources: Sublease (Power Integrations Inc)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease lease by Lessee, accepted by Lessor, or a the mutual cancellation of this Leaselease, shall not work a merger, merger and shall, at the option of Lessor, terminate all or any existing subleases sublease or subtenancies, subtenancies or may, at the option of Lessor, operate as an assignment to it Lessor of Lessee’s interest in any or all of such subleases or subtenancies.

Appears in 1 contract

Sources: Lease Agreement (Serefex Corp)

SURRENDER OF LEASE. The voluntary or other surrender of this Lease ------------------ by Lessee, or a mutual cancellation of this Leasethereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it him of Lessee’s interest in any or all such subleases or subtenancies.

Appears in 1 contract

Sources: Industrial Building Lease (Power Integrations Inc)

SURRENDER OF LEASE. 28.1 The voluntary or other surrender of this Lease Agreement by Lessee, or a mutual cancellation of this LeaseLease Agreement, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or subtenanciessub-tenancies, or may, at the option of Lessor, operate as an assignment to it of Lessee’s interest in any or all such subleases or subtenanciessub-tenancies.

Appears in 1 contract

Sources: Lease Agreement