Common use of Termination of Prior Lease Clause in Contracts

Termination of Prior Lease. In the event there is any prior existing lease or rental agreement between the Tenant and Landlord covering the Property, it is agreed and understood that this Agreement shall terminate and expire any such existing lease or rental agreement as of the Effective Date of this Agreement.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement