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All persons taking leases under this act, subject to renewal covenants to their under tenants, as in former leases.
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III. Provided always, and be it enacted by the authority aforesaid, That every person or persons, his, her, or their executors, administrators, and assigns, who shall obtain any lease pursuant to this act, shall be subject to the like covenant or covenants of renewal to his, her, or their under-tenant or tenants, as such person or persons, his, her, or their executors, administrators, and assigns, shall have been subject to at or immediately before the time of obtaining such lease or leases pursuant to this act.
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