Common use of Surrender Clause in Contracts

Surrender. A voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 47 contracts

Sources: Sublease (OncoMed Pharmaceuticals Inc), Sublease (OncoMed Pharmaceuticals Inc), Sub Sublease (Assembly Biosciences, Inc.)

Surrender. A The voluntary or other surrender of this Lease lease or the Premises by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation of this lease, shall not result in work a merger but shallmerger, and at the option of Landlord, Landlord shall either terminate all or any existing subleases or subtenancies or operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing such subleases and or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 11 contracts

Sources: Industrial Lease (Airxpanders Inc), Standard Industrial Lease (Southwall Technologies Inc /De/), Standard Industrial Lease (Southwall Technologies Inc /De/)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord it of any and or all existing subleases and or subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 7 contracts

Sources: Lease (T2 Biosystems, Inc.), Lease (Mimecast LTD), Lease (Inotek Pharmaceuticals Corp)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of terminate all or any existing subleases and or subtenancies. This provision shall be contained in , or may, at the option of Landlord, operate as an assignment to it of any and or all assignments such subleases or subleases made pursuant to this Leasesubtenancies.

Appears in 4 contracts

Sources: Office Lease (Medquist Inc), Office Lease (CBaySystems Holdings LTD), Office Lease (CBaySystems Holdings LTD)

Surrender. A The voluntary or other surrender of this Lease by Tenant, Tenant or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of terminate all or any existing subleases and or subtenancies or, at the option of Landlord, may operate as an assignment to it of any or all such subleases or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 2 contracts

Sources: Lease Agreement (Gevity Hr Inc), Lease (Tollgrade Communications Inc \Pa\)

Surrender. A The voluntary or other surrender of this Lease or the Premises by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation of this Lease, shall not result in work a merger but shallmerger, and at the option of Landlord, Landlord shall either terminate all or any existing subleases or subtenancies or operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing such subleases and or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 2 contracts

Sources: Sublease (Telik Inc), Lease (Hemosense Inc)

Surrender. A voluntary or other surrender of this Lease by Tenant, or a --------- mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 2 contracts

Sources: Build to Suit Lease (Tularik Inc), Build to Suit Lease (Tularik Inc)

Surrender. A The voluntary or other surrender of this Lease lease or the --------- Premises by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation of this lease, shall not result in work a merger but shallmerger, and at the option of Landlord, Landlord shall either terminate all or any existing subleases or subtenancies or operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing such subleases and or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Sublease (Ebay Inc)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, terminate all or any existing subleases or subtenancies, or may, at the option of Landlord, operate either as an assignment to Landlord of any and or all existing such subleases and or subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Tenant’s Assignment of Lease (CardioVascular BioTherapeutics, Inc.)

Surrender. A The voluntary or other surrender of this Lease by Tenant, Tenant or a --------- mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of terminate all or any existing subleases and or subtenancies or, at the option of Landlord, may operate as an assignment to it of any or all such subleases or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Lease (Speedcom Wireless Corp)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger merger, but shall, at the option of Landlord, either (i) terminate all or any existing subleases or subtenancies, or (ii) operate either as an assignment to Landlord of any and or all existing such subleases and or subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Retail Lease (Circle Bancorp)

Surrender. A voluntary or other surrender of this Lease by Tenant, --------- or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Lease Agreement (Documentum Inc)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work as a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord it of any and or all existing subleases and or subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Lease Agreement (Gulfstream International Group Inc)

Surrender. A voluntary or other surrender of this Lease by Tenant▇▇▇▇▇▇, or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Build to Suit Lease (Sugen Inc)

Surrender. A The voluntary or other surrender of this Lease lease or the Premises by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation of this lease, shall not result in (?) a merger but shallmerger, and at the option of Landlord, Landlord shall either terminate all or any existing subleases or subtenancies or operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing such subleases and or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Assignment and Assumption of Lease (Novellus Systems Inc)

Surrender. A The voluntary or other surrender of this Lease lease or the --------- Premises by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation of this lease, shall not result in work a merger but shallmerger, and at the option of Landlord, Landlord shall either terminate all or any existing subleases or subtenancies or operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing such subleases and or subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Lease (Atmi Inc)

Surrender. A The voluntary or other surrender of this Lease by Tenant▇▇▇▇▇▇, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in work a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord it of any and or all existing subleases and or subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Office Lease (Axent Technologies Inc)

Surrender. A voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of the Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Build to Suit Lease (Probusiness Services Inc)

Surrender. A voluntary or other surrender of this Lease by --------- Tenant, or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Lease (Cor Therapeutics Inc / De)

Surrender. A voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all alt or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Sublease (Revolution Medicines, Inc.)

Surrender. A The voluntary or other surrender of this Lease by Tenant, or a mutual termination thereof between Landlord and Tenantcancellation thereof, shall not result in constitute a merger but merger, and shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.,

Appears in 1 contract

Sources: Office Lease (Lightspan Partnership Inc)

Surrender. A voluntary or other surrender of this Lease by Tenant, or --------- a mutual termination thereof between Landlord and Tenant, shall not result in a merger but shall, at the option of Landlord, operate either as an assignment to Landlord of any and all existing subleases and subtenancies, or a termination of all or any existing subleases and subtenancies. This provision shall be contained in any and all assignments or subleases made pursuant to this Lease.

Appears in 1 contract

Sources: Build to Suit Lease (Exelixis Inc)