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Tenant acquiring Perpetuity shall renew to inferior Tenants when bound by toties quoties Covenant.
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CXLIX. And be it further enacted, That whenever any such Tenant or Lessee who shall have purchased and acquired as aforesaid the Fee Simple and Inheritance of and in such Lands and Premises previously held by him as immediate and superior Tenant under such Archbishop or Bishop or other Ecclesiastical Person, or the said Commissioners appointed under this Act, shall, by virtue of any Lease, Covenant, or Contract theretofore made or entered into, be bound to renew to any other Person or Persons any Lease of any such Lands and Premises, either as often as such Archbishop or Bishop or other Ecclesiastical Person respectively shall renew the Lease of such Lands and Premises to him such immediate superior Tenant, or in any other Manner, then and in every such Case the Conveyance of the Fee Simple as aforesaid of and in the said Lands and Premises as aforesaid to such immediate and superior Tenant (or the Payment from Time to Time of the annual Rent out of the said Lands and Premises to the said Archbishop or Bishop or other Ecclesiastical Person, or to the said Commissioners respectively,) shall (so long as the said Estate or Interest thereby granted shall continue) in all Courts of Law and Equity, and to all Intents and Purposes whatsoever, as to such under Tenant or inferior Tenant, or Person or Persons having any such derivative Estate or Interest, and being entitled to the Benefit of such Covenant or Contract for Renewal, and as to all other derivative Estates or Interests in the said Lands and Premises dependent upon such Covenant, Contract, or Agreement for Renewal, be and be deemed, taken, and construed to be a Renewal by such Archbishop or Bishop or other Ecclesiastical Person, or otherwise, from Time to Time of the Lease of such immediate and superior Tenant, for the Purposes of and within the true Intent and Meaning of such Covenant, Contract, or Agreement for Renewal as aforesaid.
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