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Common use of Assignor's Covenants Clause in Contracts

Assignor's Covenants. The Assignor covenants with the Assignee that: a) Despite any act of the Assignor, the Lease is a good, valid and subsisting Lease, the Rent has been duly paid up to the Effective Date, and the covenants and conditions therein to be observed and performed by the Tenant has duly observed and performed by the Assignor up to and including the day before the Effective Date. b) The Assignor has good right, full power and absolute authority to assign the Lease in the manner aforesaid, free and clear of all liens, mortgages, charges and encumbrances of any kind whatsoever. c) Subject to the payment of Rent and to the observance and performance of the terms, covenants and conditions contained in the Lease on the part of the Tenant therein to be observed and performed, from and after the Effective Date the Assignee may enter into and upon and hold and enjoy the Leased Premises for the residue of the Term granted by the Lease for its own use and benefit, without any interruption by the Assignor or by any other Person claiming through or under the Assignor. d) The Assignor will from time to time hereafter, at the request and cost of the Assignee, promptly execute such further assurances of the Lease as the Assignee reasonably requires.

Appears in 1 contract

Samples: Lease Extension and Amending Agreement (Nevada Geothermal Power Inc)

Assignor's Covenants. The Assignor covenants and agrees with the Assignee that: (a) Despite any act of the Assignor, the Lease is a good, valid and subsisting Lease, Lease and the Rent thereby reserved has been duly paid up to the Effective Date, Date and the covenants and conditions therein to be observed and performed by the Tenant has contained have been duly observed and performed by the Assignor up to and including the day before the Effective Date. (b) The Assignor has good right, full power and absolute authority to assign the Premises and the Lease in the manner aforesaid, according to the true intent and meaning of this Agreement, free and clear of all liens, mortgages, charges and encumbrances of any kind whatsoever. (c) Subject to the payment of Rent and to the observance and performance of the terms, covenants and conditions contained in the Lease on the part of the Tenant therein to be observed and performed, from and after the Effective Date the Assignee may enter into and upon and hold and enjoy the Leased Premises for the residue of the Term granted by the Lease for its own use and benefit, benefit without any interruption by the Assignor or by any other Person whomsoever claiming through or under the Assignor. (d) The Assignor will from time to time hereafter, at the request and cost of the Assignee, promptly execute such further assurances of the Lease Premises as the Assignee reasonably requires.

Appears in 1 contract

Samples: Assignment of Lease (Sideware Systems Inc)

Assignor's Covenants. The Assignor covenants and agrees with the Assignee and Landlord that: (a) Despite any act of the Assignor, the Lease is a good, valid and subsisting Lease, Lease and the Rent thereby reserved has been or will be duly paid up to the Effective Dateand including October 1, 2024, and the covenants and conditions therein contained have been and shall continue to be observed and performed by the Tenant has duly observed and performed by the Assignor up to and including the day before the Effective Datesame date. (b) The Assignor has good right, full power and absolute authority to assign the Lease in the manner aforesaid, according to the true intent and meaning of this Agreement, free and clear of all liens, mortgages, charges and encumbrances of any kind whatsoever. (c) Subject to the payment of Rent and to the observance and performance of the terms, terms covenants and conditions contained in the Lease on the part of the Tenant therein to be observed and performed, from and after the Effective Date the Assignee may enter into and upon and into, upon, hold and enjoy the Leased Premises for the residue of the Term granted by the Lease for its own use and benefit, benefit without any interruption by the Assignor or by any other Person person whomsoever claiming through or under the Assignor. (d) The Assignor will will, from time to time hereafter, at the request and cost of the Assignee, promptly execute such further assurances of the Lease Leased Premises as the Assignee reasonably rea- sonably requires.

Appears in 1 contract

Samples: Lease Assignment Agreement

Assignor's Covenants. The Assignor covenants and agrees with the Assignee that: (a) Despite any act of the Assignor, the Lease is a good, valid and subsisting Lease, Lease and the Rent thereby reserved has been duly paid up to the Effective Date, Date and the covenants and conditions therein to be observed and performed by the Tenant has contained have been duly observed and performed by the Assignor and Pacific up to and including the day before the Effective Date. (b) The Assignor has good right, full power and absolute authority to assign its interest in the Premises and the Lease in the manner aforesaid, according to the true intent and meaning of this Agreement, free and clear of all liens, mortgages, charges and encumbrances of any kind whatsoever. (c) Subject to the payment of Rent and to the observance and performance of the terms, covenants and conditions contained in the Lease on the part of the Tenant tenant therein to be observed and performed, from and after the Effective Date the Assignee Assignee, together with Pacific, may enter into and upon and hold and enjoy the Leased Premises for the residue of the Term granted by the Lease for its own use and benefit, benefit without any interruption by the Assignor or by any other Person whomsoever claiming through or under the Assignor. (d) The Assignor will from time to time hereafter, at the request and cost of the Assignee, promptly execute such further assurances of the Lease Premises as the Assignee reasonably requires.

Appears in 1 contract

Samples: Partial Assignment of Lease (Kobex Minerals Inc.)