Common use of Default of Tenant Clause in Contracts

Default of Tenant. Notice of acceptance of this Guaranty and of defaults, breaches, demands, presentments, protest, and amendment to or modification or cancellation of the Leases, and of any other kind is fully waived by Guarantor. Upon default by Tenant on any of its obligations to Landlord, then at Landlord's option, without notice or demand upon Guarantor and without exercising any other right or remedy Landlord may have, Landlord may proceed directly against Guarantor or any other guarantor to enforce Landlord's rights hereunder. Without releasing or affecting Guarantor's obligations hereunder, Landlord may enforce any rights it may have against any persons and properties liable.

Appears in 2 contracts

Samples: Lease Agreement (Bsquare Corp /Wa), Office Lease Agreement (Bsquare Corp /Wa)

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Default of Tenant. Notice of acceptance of this Guaranty Guarantee and of defaults, breaches, demands, presentments, protest, and amendment to or modification or cancellation of the LeasesLease, and of any other kind is fully waived by Guarantor. Upon default by Tenant on any of its obligations to Landlord, then at Landlord's ’s option, without notice or demand upon Guarantor and without exercising any other right or remedy Landlord may have, Landlord may proceed directly against Guarantor or any other guarantor to enforce Landlord's ’s rights hereunder. Without releasing or of affecting Guarantor's obligations ’s rights hereunder, Landlord may my enforce any rights it may have against any persons and properties liable.

Appears in 1 contract

Samples: Guarantee

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Default of Tenant. Notice of acceptance of this Guaranty Guarantee and of defaults, breaches, demands, presentments, protest, and amendment to or modification or cancellation of the LeasesLease, and of any other kind is fully waived by Guarantor. Upon default by Tenant on any of its obligations to Landlord, then at Landlord's option, without notice 42 or demand upon Guarantor and without exercising any other right or remedy Landlord may have, Landlord may proceed directly against Guarantor or any other guarantor to enforce Landlord's rights hereunder. Without releasing or affecting Guarantor's obligations hereunder, Landlord may enforce any rights it may have against any persons and properties liable.

Appears in 1 contract

Samples: Lease Addendum (Bsquare Corp /Wa)

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