Continuing Liability of Tenant. Notwithstanding the consummation or attempted consummation of any Transfer under this Article 15, Tenant shall remain as fully and primarily liable for the payment of Rent and for the performance of all other obligations of tenant contained in this Lease to the same extent as if the Transfer had not occurred; provided, however, that any act or omission of any Transferee, other than Landlord, that violates the terms of this Lease shall be deemed a violation of this Lease by Tenant. If any Transferee defaults beyond applicable cure and grace periods in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting its remedies against such Transferee. Landlord may consent to subsequent Transfers of this Lease with Transferees of Tenant, upon notice to Tenant, but without obtaining its or their consent thereto, and such action shall not relieve Tenant of its liability under this Lease.
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Samples: Work Letter Agreement (MPG Office Trust, Inc.), Office Lease (Ultimate Software Group Inc)
Continuing Liability of Tenant. Notwithstanding Regardless of Landlord’s consent, no Transfer shall release Tenant’s obligation or alter the consummation or attempted consummation primary liability of any Transfer under this Article 15, Tenant shall remain as fully to pay the rent and primarily liable for the payment of Rent and for the performance of to perform all other obligations to be performed by Tenant hereunder. The acceptance of tenant contained in this Lease rent by Landlord from any other person shall not be deemed to the same extent as if the Transfer had not occurred; provided, however, that any act or omission be a waiver by Landlord of any Transferee, other than Landlord, that violates the terms of this Lease provision hereof. Consent to one Transfer shall not be deemed a violation of this Lease by Tenantconsent to any subsequent Transfer. If any Transferee assignee of Tenant or any successor of Tenant defaults beyond applicable cure and grace periods in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting its remedies against such Transfereeassignee or successor. Landlord may consent to subsequent Transfers of this Lease or amendments or modifications to this Lease with Transferees assignees of Tenant, upon notice to without notifying Tenant, but or any successor of Tenant, and without obtaining its or their consent thereto, and such action shall not relieve Tenant of its liability under this Lease.
Appears in 1 contract
Samples: Office Lease (Medivation, Inc.)
Continuing Liability of Tenant. Notwithstanding the consummation or attempted consummation of any Transfer under this Article 15, Tenant shall remain as fully and primarily liable for the payment of Rent and for the performance of all other obligations of tenant contained in this Lease to the same extent as if the Transfer had not occurred; provided, however, that any act or omission of any ally Transferee, other than Landlord, that violates the terms of this Lease shall be deemed a violation of this Lease by Tenant. If any Transferee defaults beyond applicable cure and grace periods in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting its remedies against such Transferee. Landlord may consent to subsequent Transfers of this Lease with Transferees of Tenant, upon notice to Tenant, but without obtaining its or their consent thereto, and such action shall not relieve Tenant of its liability under this Lease.
Appears in 1 contract
Samples: Office Lease (Fresh Healthy Vending International, Inc.)