Common use of CONTINUING OFFER Clause in Contracts

CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and agreements contained in this Article VIII) constitute a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were written hereon as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx agrees on request of Xxxxxxxx to execute and deliver from time to time any agreement which may reasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 5 contracts

Samples: Javelin Pharmaceuticals, Inc, Docent Inc, Idenix Pharmaceuticals Inc

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CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and end agreements contained in this Article VIII) constitute a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were written hereon herein as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx Tenant agrees on request of Xxxxxxxx Landlord to execute and deliver from time to time any agreement which may reasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 2 contracts

Samples: Office Lease Agreement (Call Points Inc), Hartsfield Centre (Vialog Corp)

CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and agreements contained in this Article VIII) constitute a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were written hereon as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx Tenant agrees on request of Xxxxxxxx Landlord to execute and deliver from time to time any agreement which may reasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 1 contract

Samples: Sublease Agreement (Sonoma Systems)

CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and agreements contained in this Article VIII) constitute a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were written hereon as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx agrees on request of Xxxxxxxx to execute and deliver from time to time any commercially reasonable agreement which may reasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 1 contract

Samples: Lightspace Corp

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CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and agreements contained in this Article VIII) constitute a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were written hereon as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx Tenant agrees on request of Xxxxxxxx Landlord to execute and deliver from time to time timx xx xime any agreement which may reasonably whicx xxx xxasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 1 contract

Samples: Novirio Pharmaceuticals LTD

CONTINUING OFFER. The covenants and agreements contained in this Lease with respect to the rights, powers and benefits of a mortgagee (particularly, without limitation thereby, the covenants and agreements contained in this Article VIII) constitute constitutes a continuing offer to any person, corporation or other entity, which by accepting or requiring an assignment of this Lease or by entry or of foreclosure assumes the obligations herein set forth with respect to such mortgagee; such mortgagee is hereby constituted a party to this Lease as an obligee hereunder to the same extent as though its name were was written hereon as such; and such mortgagee shall be entitled to enforce such provisions in its own name. Xxxxxx Tenant agrees on request of Xxxxxxxx Landlord to execute and deliver from time to time any agreement which may reasonably be deemed necessary to implement the provisions of this Article VIII.

Appears in 1 contract

Samples: Lease Agreement (Corporate Realty Income Fund I L P)

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