Common use of Continuing Liability of Tenant Clause in Contracts

Continuing Liability of Tenant. Unless expressly, agreed to in writing by Landlord no transfer permitted by this Section shall release Tenant or change Tenant's primary liability to pay the rent and to perform all other obligations of Tenant under this Lease. Landlord's acceptance of rent from any other person is not a waiver of any provision of this Section. Consent to one transfer is not a consent to any subsequent transfer. If Tenant's transferee defaults under this Lease, Landlord may proceed directly against Tenant without pursuing remedies against the transferee. Landlord may consent to subsequent assignments or modifications of this Lease by Tenant's transferee, without notifying Tenant or obtaining its consent. Such action shall not relieve Tenant of its liability under this Lease.

Appears in 1 contract

Samples: Standard Industrial Lease (Sports Arenas Inc)

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Continuing Liability of Tenant. Unless expressly, agreed to in writing by Landlord no No transfer permitted by this Section shall release Tenant or change Tenant's ’s primary liability to pay the rent and to perform all other obligations of Tenant under this Lease. Landlord's ’s acceptance of rent from any other person is not a waiver of any provision of this Section. Consent to one transfer is not a consent to any subsequent transfer. If Tenant's ’s transferee defaults under this Lease, Landlord may proceed directly against Tenant without pursuing remedies against the transferee. Landlord may consent to subsequent assignments or modifications of this Lease by Tenant's ’s transferee, without notifying Tenant or obtaining its consent. Such action shall not relieve Tenant of its liability under this Lease.. Initials: PD/VV KH/MN

Appears in 1 contract

Samples: Standard Industrial Lease (ONCOSEC MEDICAL Inc)

Continuing Liability of Tenant. Unless expressly, agreed to in writing by Landlord no NO transfer permitted by this Section shall release Tenant or change Tenant's primary liability to pay the rent and to perform all other obligations of Tenant under this Lease. Landlord's acceptance of rent from any other person is not a waiver of any provision of this Section. Consent to one transfer is not a consent to any subsequent transfer. If Tenant's transferee defaults under this Lease, Landlord may proceed directly against Tenant without pursuing remedies against the transferee. Landlord may consent to subsequent assignments or modifications of this Lease by Tenant's transferee, without notifying Tenant or obtaining its consent. Such action shall not relieve Tenant of its liability under this Lease.

Appears in 1 contract

Samples: Standard Industrial Lease (Redline Performance Products Inc)

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Continuing Liability of Tenant. Unless expressly, agreed to in writing by Landlord no No transfer permitted by this Section shall release Tenant or change Tenant's ’s primary liability to pay the rent and to perform all other obligations of Tenant under this Lease. Landlord's ’s acceptance of rent from any other person is not a waiver of any provision of this Section. Consent to one transfer is not a consent to any subsequent transfer. If Tenant's ’s transferee defaults under this Lease, Landlord may proceed directly against Tenant without pursuing remedies against the transferee. Landlord may consent to subsequent assignments or modifications of this Lease by Tenant's ’s transferee, without notifying Tenant or obtaining its consent. Such action shall not relieve Tenant of its liability under this Lease.

Appears in 1 contract

Samples: Standard Industrial Lease (Alphatec Holdings, Inc.)

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