Common use of GUARANTOR’S LIABILITY Clause in Contracts

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) paragraphs 1.1.1 and paragraph 1.2(a) 1.1.2 shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) 2.2.1 any time or indulgence granted by the Landlord to the Tenant; or (b) 2.2.2 any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreementan authorised guarantee agreement) or in making any demand in respect of any of them; or (c) 2.2.3 any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) 2.2.4 the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreementan authorised guarantee or agreement); or (e) 2.2.5 the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the this lease (or the Tenant’s obligations under the Authorised Guarantee Agreementan authorised guarantee agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) 2.2.6 any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the this lease (or the Tenant’s obligations under the Authorised Guarantee Agreementan authorised guarantee agreement) or any unenforceability of any of them against the Tenant; or (h) 2.2.7 the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) 2.2.8 without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) 2.2.9 the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] written release [by deed] under seal of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability Each Guarantor and by its acceptance hereof each of the Beneficiaries hereby confirms that it is the intention of all parties hereto that the guarantee by such Guarantor pursuant to this Guaranty not constitute a fraudulent transfer or conveyance for purposes of any bankruptcy law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law. To effectuate the foregoing intention, each of the Beneficiaries and the Guarantors hereby irrevocably agree that the obligations of such Guarantor under paragraph 1.1(a) and paragraph 1.2(a) this Guaranty shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord limited to the Tenant; or (b) maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any delay collections from or forbearance payments made by the Landlord in enforcing the payment or on behalf of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord Guarantor in respect of the Tenant’s liability to pay obligations of such other Guarantor under this Guaranty, result in the rents reserved obligations of such Guarantor under this Guaranty not constituting such fraudulent transfer or conveyance. No Subrogation. Notwithstanding any payment or payments made by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the GuarantorGuarantors hereunder, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counterapplication of funds of the Guarantors by the Beneficiaries, the Guarantors hereby irrevocably waive any claim or other rights that they may now or hereafter acquire against RTM, Holdco, RTM Management, Newco One or Newco Two, as the case may be, or any other insider guarantor that arise from the existence, payment, performance or enforcement of the Guarantors' obligations under this Guaranty or any other Transaction Document, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of the Beneficiaries against RTM, Holdco, RTM Management, Newco One or Newco Two, as the case may be, or any other insider guarantor or any collateral security, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive from RTM, Holdco, RTM Management, Newco One or Newco Two, as the case may be, or any other insider guarantor, directly or indirectly, in cash or other property or by set-claim off or in any other manner, payment or security on account of such claim, remedy or right. If any amount shall be paid to any Guarantor in violation of the preceding sentence, such amount shall be held by such Guarantor in trust for the Beneficiaries, segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over to the Beneficiaries in the exact form received by such Guarantor (duly endorsed by such Guarantor to the Beneficiaries, if so requested by the Beneficiaries), to be applied against the Landlord Guaranteed Obligations, whether matured or unmatured, in such order as the TenantBeneficiaries may determine.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted In the event of default by the Landlord to Lessee the Tenant; orGuarantor must on demand by the Lessor remedy the default of the Lessee and compensate the Lessor for all losses and expenses incurred by the Lessor as a consequence of that default. (b) The Guarantor’s liability will not be affected by:- (i) the granting of time or any delay other indulgence to the Lessee; (ii) any assignment or forbearance purported assignment of the Lessee’s interest under this Lease (subject to Clause 10.2(c), in the event that Sizzler Australia Pty Ltd is the actual or deemed assignor); (iii) any waiver or variation of the rights of the Lessor against the Lessee; (iv) any variation of this Lease; (v) any neglect or omission to enforce any rights by the Landlord in enforcing Lessor; (vi) any notice to quit given by either party to this Lease; (vii) the payment death, insolvency, liquidation or dissolution of the Lessee or any of the rents or Guarantors; (viii) the observance or performance unenforceability of any of the tenant covenants part of this lease Lease; (or ix) the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect exercise of any option period under this Lease; (x) the lawful Termination of them; orthis Lease; (xi) non-execution of this Guarantee by any Guarantor or unenforceability of this Guarantee and Indemnity against any Guarantor. (c) any refusal Subject to Clause 10.2(c), the Guarantor’s liability will continue until all obligations of the Lessee have been performed by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; orLessee. (d) To the Landlord exercising fullest extent permitted by law, the Guarantor waives such of its rights which may at any right or remedy against time be inconsistent with any of the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants provisions of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); orand Indemnity. (e) In the Landlord taking any action or refraining from taking any action in connection with any other security held event of the liquidation of the Lessee and disclaimer by the Landlord in respect Liquidator of this Lease, the Guarantor will accept from the Lessor a lease of the Tenant’s liability Premises for a term equal to the remaining unexpired term of this Lease and on the same terms and conditions as this Lease. The Guarantor must pay all costs of and incidental to the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; ornew lease. (f) [a release or compromise Where there is more than one Guarantor to this Lease, the obligations and liabilities of the liability each and every Guarantor are joint and several. Table of any one Contents FORM 20 Version 1 QUEENSLAND LAND REGISTRY Land Title Xxx 0000 and Land Xxx 0000 SCHEDULE Page 30 of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or]33 (g) The Guarantor must not prove or claim in any legal limitation liquidation, composition or disability on assignment for the Tenant or any invalidity or irregularity benefit of any of creditors until the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing Lessor has received all monies owing to exist, or, if the Tenant is an individual, it by the Tenant dying or becoming incapable Lessee. THE COMMON SEAL of managing its affairs; or (iXXXXXXX ) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (jFOODS INTERNATIONAL PTY LTD ) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor Authorised Officer ARBN 000 000 000 is affixed as required ) by the Landlord.terms of its Constitution:- ) ) ) Authorised Officer Table of Contents FORM 20 Version 1 QUEENSLAND LAND REGISTRY Land Title Xxx 0000 and Land Xxx 0000 SCHEDULE Page 31 of 33 2.3 [The liability 1. REFERENCE DATA 3 2. DEFINITIONS AND INTERPRETATIONS 5 3. RENT 9 4. OUTGOINGS 12 4.1 Lessee’s Percentage of each Outgoings 12 4.2 Lessor to Provide Annual Estimate 12 4.3 Audited Statement of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.Outgoings 12 4.4 Utilities & Services 12 4.5 Air Conditioning 12

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) agrees, represents and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected bywarrants to Buyer as follows: (a) Guarantor shall continue to be liable under this Guaranty and the provisions hereof shall remain in full force and effect notwithstanding (i) any modification, agreement or stipulation between Seller and Buyer, or their respective successors and assigns, with respect to the Repurchase Documents or the obligations encompassed thereby, including, without limitation, the Guaranteed Obligations; or (ii) Buyer’s waiver of or failure to enforce any of the terms, covenants or conditions contained in the Repurchase Documents or in any modification thereof; or (iii) any release of Seller or any other guarantor from any liability with respect to the Guaranteed Obligations; (iv) any release or subordination of any real or personal property then held by Buyer as security for the performance of the Guaranteed Obligations; (v) any disability of Seller, or the dissolution, insolvency, or bankruptcy of Seller, Guarantor, or any other party at any time liable for the payment of any or indulgence granted all of the Guaranteed Obligations; (vi) the unenforceability or invalidity of any or all of the Guaranteed Obligations, any Purchased Loan or of any instrument, document, or agreement evidencing, securing, or otherwise relating to any or all of the Guaranteed Obligations or any Purchased Loan; (vii) any payment by Seller or any other party to Buyer is held to constitute a preference under applicable bankruptcy or insolvency law or if for any other reason Buyer is required to refund any payment or pay the Landlord amount thereof to someone else; (viii) the Tenantsettlement or compromise of any of the Guaranteed Obligations; or(ix) the non perfection of any security interest or lien securing any or all of the Guaranteed Obligations; or (x) any impairment of any Purchased Loan or any collateral securing any or all of the Guaranteed Obligations. (b) Guarantor’s liability under this Guaranty shall continue until all of Seller’s Obligations (as defined in the Repurchase Agreement) have been paid and performed in full, and shall not be reduced by virtue of any delay payment by Seller of any amount due under the Repurchase Agreement or forbearance by the Landlord in enforcing the payment of under any of the rents Repurchase Documents or by Buyer’s recourse to any collateral or security. Guarantor acknowledges that Buyer may apply any payment made by Seller to Buyer to any obligation of Seller to Buyer under the observance or performance terms of any Repurchase Documents in such amounts and such manner as Buyer may elect, regardless of whether such application complies with any instruction or designation given or made by Seller with respect to such payment and agrees that any such application shall not in any manner reduce, extinguish or otherwise affect the tenant covenants liability of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; orGuarantor hereunder. (c) Guarantor acknowledges that it has and will continue to have full and complete access to any refusal and all information concerning the transactions contemplated by the Landlord Repurchase Documents or referred to accept any rent therein, the value of the assets owned or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice to be acquired by Seller, Seller’s financial status and its ability to re-enter pay and perform its Obligations under the Property; orRepurchase Documents. Guarantor further warrants and represents that it has reviewed and approved copies of the Repurchase Documents and is fully informed of the remedies Buyer may pursue, with or without notice to Seller, in the event of default under the Repurchase Agreement or other Repurchase Documents. So long as any of the Guaranteed Obligations remains unsatisfied or owing to Buyer, Guarantor shall keep itself fully informed as to all aspects of Seller’s financial condition and the performance of Seller’s Obligations under the Repurchase Documents. (d) If acceleration of the Landlord exercising time for payment of any right or remedy against the Tenant for any failure to pay the rents reserved amount payable by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations Seller under the Authorised Guarantee Agreement); orRepurchase Documents is stayed upon the insolvency, bankruptcy, or reorganization of Seller, all such amounts otherwise subject to acceleration under the terms of the Repurchase Documents shall nonetheless be payable by Guarantor hereunder forthwith on demand by Buyer. (e) Buyer is not required to inquire into the Landlord taking any action powers of Seller or refraining from taking any action in connection with any other security held by the Landlord in respect Guarantor or of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantorofficers, directors, or other agents acting or purporting to act on their behalf, and any indebtedness or obligations made or created in reliance upon the grant professed exercise of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability such powers shall be guaranteed under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the LandlordGuaranty. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph paragraphs 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s 's obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s 's obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s 's liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s 's obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s 's obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s 's liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] written release [by deed] under seal of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or or (k) by any other act or omission except an express [written] written release [by deed] deed of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 6.1 The Guarantor’s liability of under clauses 5.1 and 5.2 begins when the Guarantor under paragraph 1.1(a) Applicant completes the Booking Process and paragraph 1.2(a) shall continue continues until all the end of Tenant’s obligations and liabilities in the term, Tenancy Agreement have been performed or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlierdischarged. 2.2 6.2 The Guarantor’s liability of includes the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) Applicant’s obligations relating to the Room selected by the Applicant during the Booking Process and to any time or indulgence granted substituted accommodation provided by the Landlord to the Tenant in accordance with the Standard Terms and Conditions of Residence 2023/24. 6.3 If the Applicant does not vacate the Room at the end of the Tenancy Period, the Guarantor will be liable for the performance of the Tenant; ’s obligations and the discharge of the Tenant’s liabilities arising out of or in connection with the Tenancy Agreement from the end of the Tenancy Period until the date the Applicant vacates the Room or, if later, until expiry of a valid notice to quit served by the Applicant. (b) 6.4 The Guarantor’s liability will not be affected by: 6.4.1 any concessions which the Landlord makes to the Tenant, such as allowing extra time to pay; 6.4.2 any delay or forbearance by the Landlord in enforcing asking the payment of any of the rents Tenant or the observance Guarantor to pay, or performance of any of the tenant covenants of this lease (or in enforcing the Tenant’s obligations under or the Authorised Guarantee Agreement) or in making any demand in respect of any of them; orGuarantor’s obligations; (c) any 6.4.3 the Landlord’s refusal by the Landlord to accept Rent or any rent or other payment due under this lease from the Tenant in circumstances where the Landlord believes that the acceptance of such rent or accepting payment may prejudice its ability to re-enter the Property; or (d) would prevent the Landlord from exercising any right rights that it would otherwise have; 6.4.4 the Landlord making any claim or remedy taking any action against the Tenant for any relating to the Tenant’s failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease Rent or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under in the Authorised Guarantee Tenancy Agreement) including the release of . 6.5 The Guarantor must pay any such security; or (f) [a release or compromise of the liability of any one of the persons who money that s/he is the Guarantor, or the grant of any time or concession liable to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability pay under this lease agreement without making any deductions or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the TenantApplicant. (This means that even if the Guarantor believes that the Landlord owes the Applicant money, or the Applicant owes the Guarantor money, the Guarantor must pay the amounts due under this agreement in full, and make a separate claim for any re-payments that the Guarantor believes s/he or the Tenant is entitled to). 6.6 If the Applicant is made bankrupt and the Tenancy Agreement is disclaimed by the trustee in bankruptcy, the Guarantor will (in addition to any amounts payable under clause 5) pay to the Landlord within 14 days of demand an amount equal to the Rent that would have been payable under the Tenancy Agreement for the period beginning with the date of disclaimer and ending on: 6.6.1 the last day of the Tenancy Period or, if sooner 6.6.2 the date the Room is re-let.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(aparagraphs 1.1 (a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 7.2.1 The liability of the Guarantor under paragraph 1.1(a) clauses 7.1.1.1 and paragraph 1.2(a) 7. 1.2.1 shall continue until the end of the term, Term or until the Tenant is released from the tenant covenants of Tenant’s obligations in this lease Lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, 1995 Act if earlier. 2.2 7.2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by:by:- (a) 7.2.2.1 any time or indulgence granted by the Landlord to the Tenant; Tenant or (b) 7.2.2.2 any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of Tenant’s obligations in this lease Lease (or the Tenant’s obligations under the an Authorised Guarantee Agreement) or in making any demand in respect of any of them; the them or (c) 7.2.2.3 any refusal by the Landlord to accept any rent or other payment due under this lease Lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; Premises or (d) 7.2.2.4 the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease Lease or to observe or perform the tenant covenants of Tenant’s obligations in this lease Lease (or the Tenant’s obligations under the an Authorised Guarantee Agreement); ) or (e) 7.2.2.5 the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents rent reserved by this lease Lease or observe and perform the tenant covenants of the lease Tenant’s obligations in this Lease (or the Tenant’s obligations under the an Authorised Guarantee Agreement) including the release of any such security; security or (f) [7.2.2.6 a release or compromise of the liability of any one of the persons who is the Guarantor, Guarantor or the grant of any time or concession to any one of them; them or] (g) 7.2.2.7 any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease Tenant’s obligations in this Lease (or the Tenant’s obligations under the an Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; Tenant or (h) 7.2.2.8 the Tenant being dissolved, dissolved or being struck off the register of companies or otherwise ceasing to exist, or, exist or if the Tenant is an individual, individual by the Tenant dying or becoming incapable of managing its affairs; affairs or 7.2.2.9 (i) without prejudice to paragraph 4, clause 7.4) the disclaimer of the Tenant’s liability under this lease Lease or the forfeiture of this lease; Lease or (j) 7.2.2.10 the surrender of the lease in respect of part only of the Property, Premises except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or surrender or 7.2.2.11 by any other act or omission which without this paragraph would release the Guarantor except an express [written] release [by deed] under seal of the Guarantor by the Landlord. 2.3 [The 7.2.3 If the Guarantor comprises more than one party then the liability of each of the persons parties making up the Guarantor is joint and several.] 2.4 7.2.4 Any sum payable by the Guarantor shall be paid without any deduction, deduction set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 (a) The Guarantor agrees that the Guarantor’s liability to the Finance Parties under this Guarantee (including for avoidance of doubt the Guarantor under paragraph 1.1(aobligation to make payment on first written demand) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduceddischarged, discharged impaired or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment reason of any of the rents following events or circumstances (regardless of whether any such events or circumstances occur with or without the Guarantor’s knowledge or consent):- (i) any time, forbearance or other indulgence given or agreed by the Agent or the observance Finance Parties with the Borrower or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand third party in respect of any of themits obligations under the Agreement and/or the Swap Agreements and/or the Security Documents; (ii) any legal limitation, disability or incapacity of the Borrower or any third party related to the Agreement and/or the Swap Agreements and/or the Security Documents; (iii) any invalidity, irregularity, unenforceability, imperfection or avoidance of or any defect in any security granted by, or the obligations of any party to the Agreement, the Swap Agreements or the Security Documents, or any amendment to or variation thereof, or of any other document or security comprised therein; (iv) the liquidation, bankruptcy or dissolution (or proceedings analogous thereto) or the appointment of a receiver for the Borrower or any third party, or the occurrence of any circumstances whatsoever affecting the liability of any party to discharge its respective obligations under the Agreement, the Swap Agreements or any of the Security Documents; (v) any challenge, dispute or avoidance by any liquidator of the Borrower or any third party in respect of any claim by the Borrower by right of subrogation in any such liquidation; (vi) any release, discharge, renewal, amendment, extension, compromise exchange or realisation of any security, obligation or term of the Agreement and/or the Swap Agreements and/or the Security Documents, or any further security for the obligations of the Borrower under the Agreement and/or the Swap Agreements; (vii) any failure on the part of the Agent or the Finance Parties (whether intentional or not) to take or perfect any security agreed to be taken under or in relation to any of the Agreement and/or the Swap Agreements and/or the Security Documents; or (cviii) any refusal by conflict, dispute, challenge or defence between or made by, any of the Landlord parties to accept any rent the Agreement, the Swap Agreements or other payment due under this lease where the Landlord believes Security Documents, that the acceptance of such rent or payment may prejudice its ability Guarantor could otherwise be entitled to re-enter the Property; invoke, or (dix) any other act, matter or thing (save for discharge in full of the Landlord exercising any right or remedy against Outstanding Indebtedness) which might otherwise constitute a legal discharge of the Tenant for any failure to pay obligations of the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations Borrower under the Authorised Guarantee Agreement); orAgreement and/or the Swap Agreements and/or the Security Documents. (eb) The Guarantor specifically waives all rights under the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect provisions of the Tenant’s liability to pay Norwegian Financial Services Act of 25 June 1999 no. 46 not being mandatory provisions, including the rents reserved by this lease or observe and perform following provisions (the tenant covenants main contents of the lease (or relevant provisions being as indicated in the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; orbrackets): (i) without prejudice 62 (1) (a) (to paragraph 4, be notified of any security the disclaimer giving of which was a precondition for the advance of the Tenant’s liability under this lease Loan or the forfeiture granting of this lease; orthe Swap Agreements, but which has not been validly granted or has lapsed); (jii) 63 (1) - (2) (to be notified of any event of default under the surrender Agreement and the Swap Agreements and to be kept informed thereof); (iii) 63 (3) (to be notified of any extension granted to the Borrower in payment of principal and/or interest); (iv) 63 (4) (to be notified of the lease in respect of part only Borrower’ bankruptcy proceedings or debt reorganisation proceedings and/or any application for the latter); (v) 65 (3) (that the consent of the Property, except Guarantor is required for the Guarantor to be bound by amendments to the Agreement and the Swap Agreements that may be detrimental to our interest); (vi) 66 (1) - (2) (that the Guarantor shall not be under any liability in relation to released from liabilities hereunder if security which was given, or the surrendered part in respect giving of any period after which was a precondition for the surrender; or by any other act or omission except an express [written] release [by deed] advance of the Guarantor loan or the granting of the guarantee facility or Swap Agreements, is released by the Landlord. 2.3 [The liability of each Agent without the consent of the persons making up the Guarantor is joint and several.]Guarantor); 2.4 Any sum payable by (vii) 66 (3) (that the Guarantor shall be paid released from its liabilities hereunder if, without any deductionits consent, set-off or counter-claim against security the Landlord giving of which was a precondition for the advance of the Loan or the Tenant.granting of the Swap Agreements, was not validly granted); (viii) 67 (2) (about reduction of the Guarantor’s liabilities hereunder);

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) 1.1.1 and paragraph 1.2(a) 1.2 shall continue until the end of the termContractual Term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000Act 1995, if earlier. 2.2 . The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) : any time or indulgence granted by the Landlord to the Tenant; or (b) or any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) or any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) or the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) or the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [or a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) or any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) or the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) or without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) or the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender, or any variation of this Lease (but the Guarantor will not be liable to the extent that any variation to which the Guarantor is not a party imposes a greater liability on the Guarantor than on the date of this guarantee); or by any other act or omission except an express [written] written release [by deed] of the Guarantor by the Landlord. 2.3 [. The liability of each of the persons making up the Guarantor is joint and several.] 2.4 . Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant. If this lease is forfeited or the liability of the Tenant under this lease is disclaimed and the Landlord gives the Guarantor notice not later than six months after the forfeiture or the Landlord having received notice of the disclaimer, the Guarantor shall enter into a new lease of the Property on the terms set out in paragraph 4.2. The rights and obligations under the new lease shall take effect from the date of the forfeiture or disclaimer and the new lease shall: be granted subject to the right of any person to have this lease vested in them by the court and to the terms on which any such order may be made and subject to the rights of any third party existing at the date of the grant; be for a term that expires at the same date as the end of the Contractual Term of this lease had there been no forfeiture or disclaimer; reserve as an initial annual rent an amount equal to the Annual Rent payable under this lease at the date of the forfeiture or disclaimer or which would be payable but for any abatement or suspension of the Annual Rent or restriction on the right to collect it (subject to paragraph 4) and which is subject to review on the same terms and dates provided by this lease; and otherwise be on the same terms as this lease (as varied if there has been any variation). The Guarantor shall pay the Landlord’s solicitors reasonable’ costs and disbursements and any VAT in respect of them in relation to the new lease and shall execute and deliver to the Landlord a counterpart of the new lease within one month after service of the Landlord’s notice. The grant of a new lease and its acceptance by the Guarantor shall be without prejudice to any other rights which the Landlord may have against the Guarantor or against any other person or in respect of any other security that the Landlord may have in connection with this lease. The Landlord may, instead of giving the Guarantor notice pursuant to paragraph 4.1 but in the same circumstances and within the same time limit, require the Guarantor to pay an amount equal to six months Annual Rent and the Guarantor shall pay that amount on demand.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) Xxxxxxxxx agrees, represents and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected bywarrants to Lender as follows: (a) Guarantor shall continue to be liable under this Guaranty and the provisions hereof shall remain in full force and effect notwithstanding (i) any modification, agreement or stipulation between Borrower and Lender, or their respective successors and assigns, with respect to the Loan Documents or the obligations encompassed thereby, including, without limitation, the Guaranteed Obligations; (ii) Lender’s waiver of or failure to enforce any of the terms, covenants or conditions contained in the Loan Documents or in any modification thereof; (iii) any release of Borrower or any other guarantor from any liability with respect to the Guaranteed Obligations; (iv) any release or subordination of any real or personal property then held by Xxxxxx as security for the performance of the Guaranteed Obligations; (v) any disability of Borrower, or the dissolution, insolvency, or bankruptcy of Borrower, Guarantor, or any other party at any time liable for the payment of any or indulgence granted all of the Guaranteed Obligations; (vi) the unenforceability or invalidity of any or all of the Guaranteed Obligations, or of any of the Loan Documents; (vii) any payment by Borrower or any other party to Lender is held to constitute a preference under applicable bankruptcy or insolvency law or if for any other reason Lender is required to refund any payment or pay the Landlord amount thereof to someone else; (viii) the Tenantsettlement or compromise of any of the Guaranteed Obligations; or(ix) the non-perfection of any security interest or lien securing any or all of the Guaranteed Obligations; or (x) any impairment of any Collateral securing any or all of the Guaranteed Obligations. (b) Guarantor’s liability under this Guaranty shall continue until all sums due under the Note have been paid in full and until all of Borrower’s other obligations to Lender have been paid and performed in full, and shall not be reduced by virtue of any delay payment by Borrower of any amount due under the Loan Agreement or forbearance by the Landlord in enforcing the payment of under any of the rents Loan Documents or by Xxxxxx’s recourse to any Collateral. Guarantor acknowledges that Lender may apply any payment made by Borrower to Lender to any obligation of Borrower to Lender under the observance terms of any Loan Documents in such amounts and such manner as Lender may elect, regardless of whether such application complies with any instruction or performance designation given or made by Borrower with respect to such payment and agrees that any such application shall not in any manner reduce, extinguish or otherwise affect the liability of Guarantor hereunder. (c) Guarantor acknowledges that it has and will continue to have full and complete access to any and all information concerning the transactions contemplated by the Loan Documents or referred to therein, the value of the assets owned or to be acquired by Borrower, Xxxxxxxx’s financial status and its ability to pay and perform its obligations under the Loan Documents. Guarantor further warrants and represents that it has reviewed and approved copies of the Loan Documents and is fully informed of the remedies Lender may pursue, with or without notice to Borrower, in the event of default under the Loan Agreement or other Loan Documents. So long as any of the tenant covenants Guaranteed Obligations remains unsatisfied or owing to Lender, Guarantor shall keep itself fully informed as to all aspects of this lease (or Borrower’s financial condition and the Tenantperformance of Xxxxxxxx’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; orLoan Documents. (d) If acceleration of the Landlord exercising time for payment of any right or remedy against the Tenant for any failure to pay the rents reserved amount payable by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations Borrower under the Authorised Guarantee Agreement); orLoan Documents is stayed upon the insolvency, bankruptcy, or reorganization of Borrower, all such amounts otherwise subject to acceleration under the terms of the Loan Documents shall nonetheless be payable by Guarantor hereunder forthwith on demand by Xxxxxx (e) Lender is not required to inquire into the Landlord taking any action powers of Borrower or refraining from taking any action in connection with any other security held by the Landlord in respect Guarantor or of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantorofficers, directors, or other agents acting or purporting to act on their behalf, and any indebtedness or obligations made or created in reliance upon the grant professed exercise of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability such powers shall be guaranteed under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the LandlordGuaranty. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 . The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) : any time or indulgence granted by the Landlord to the Tenant; or (b) or any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) or any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) or the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) or the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) or the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) or without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) or the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; , or by any other act or omission except an express [written] release [by deed] deed of the Guarantor by the Landlord. 2.3 [. The liability of each of the persons making up the Guarantor is joint and several.] 2.4 . Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant. The Guarantor shall, at the request of the Landlord, join in and give its consent to the terms of any consent, approval, variation or other document that may be entered into by the Tenant in connection with this lease (or the Authorised Guarantee Agreement). The Guarantor shall not be released by any variation of the rents reserved by, or the tenant covenants in, this Lease (or the Tenant's obligations under the Authorised Guarantee Agreement) which has been notified to the Guarantor in writing whether or not: the variation is material or prejudicial to the Guarantor; or the variation is made in any document; or the Guarantor has consented, in writing or otherwise, to the variation. The liability of the Guarantor shall apply to the rents reserved by and the tenant covenants in this lease (and the Tenant's obligations under the Authorised Guarantee Agreement) as varied except to the extent that the liability of the Guarantor is affected by section 18 of the Landlord and Tenant (Covenants) Xxx 0000. If this lease is forfeited or the liability of the Tenant under this lease is disclaimed and the Landlord gives the Guarantor notice not later than six months after the forfeiture or the Landlord having received notice of the disclaimer, the Guarantor shall enter into a new lease of the Property on the terms set out in paragraph 4.2. The rights and obligations under the new lease shall take effect from the date of the forfeiture or disclaimer and the new lease shall: be granted subject to the right of any person to have this lease vested in them by the court and to the terms on which any such order may be made and subject to the rights of any third party existing at the date of the grant; be for a term that expires at the same date as the end of the Contractual Term of this lease had there been no forfeiture or disclaimer; reserve as an initial annual rent an amount equal to the Annual Rent payable under this lease at the date of the forfeiture or disclaimer or which would be payable but for any abatement or suspension of the Annual Rent or restriction on the right to collect it (subject to paragraph 5) and which is subject to review on the same terms and dates provided by this lease; be excluded from sections 24 to 28 of the LTA 1954; and otherwise be on the same terms as this lease (as varied if there has been any variation). The Guarantor shall pay the Landlord’s solicitors’ reasonable and proper costs and disbursements and any VAT in respect of them in relation to the new lease and shall execute and deliver to the Landlord a counterpart of the new lease within one month after service of the Landlord’s notice. The grant of a new lease and its acceptance by the Guarantor shall be without prejudice to any other rights which the Landlord may have against the Guarantor or against any other person or in respect of any other security that the Landlord may have in connection with this lease. The Landlord may, instead of giving the Guarantor notice pursuant to paragraph 4.1 but in the same circumstances and within the same time limit, require the Guarantor to pay an amount equal to three months Annual Rent and the Guarantor shall pay that amount on demand. If at the date of the forfeiture or disclaimer there is a rent review pending under this lease, then the initial annual rent to be reserved by the new lease shall be the greater of: the Annual Rent previously payable (or which would have been payable but for any abatement or suspension of the Annual Rent or restriction on the right to collect it) under the lease prior to forfeiture or disclaimer; and the open market rent of the Property at the relevant Review Date, as determined by the Landlord before the grant of the new lease. Any payment or dividend that the Landlord receives from the Tenant (or its estate) or any other person in connection with any insolvency proceedings or arrangement involving the Tenant shall be taken and applied as a payment in gross and shall not prejudice the right of the Landlord to recover from the Guarantor to the full extent of the obligations that are the subject of this guarantee and indemnity The Guarantor shall not claim in competition with the Landlord in any insolvency proceedings or arrangement of the Tenant in respect of any payment made by the Guarantor pursuant to this guarantee and indemnity. If it otherwise receives any money in such proceedings or arrangement, it shall hold that money on trust for the Landlord to the extent of its liability to the Landlord. The Guarantor shall not, without the consent of the Landlord, exercise any right or remedy that it may have (whether against the Tenant or any other person) in respect of any amount paid or other obligation performed by the Guarantor under this guarantee and indemnity unless and until all the obligations of the Guarantor under this guarantee and indemnity have been fully performed.

GUARANTOR’S LIABILITY. 2.1 The liability Guarantor hereby irrevocably and unconditionally guarantees to the Trustee the due and punctual payment by the Company of all moneys payable from time to time in respect of the Guarantor under paragraph 1.1(a) Original Bonds and paragraph 1.2(a) shall continue until the end Original Coupons (including, without prejudice to the generality of the termforegoing, all additional amounts payable pursuant to Condition 8) and all other moneys payable from time to time under or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected bypursuant to these presents as follows: (a) if and whenever the Company shall make default in the payment of any time or indulgence granted such moneys, the Guarantor shall forthwith upon written demand therefor by the Landlord Trustee irrevocably and unconditionally pay to or to the Tenant; ororder of the Trustee in sterling the amount in respect of which such default has been made and any payment so made shall to such extent cure such default by the Company subject as provided in Clauses 2.3, 2.4 and 2.5, the provisions of which Clauses shall apply mutatis mutandis to such payment; (b) as a separate and independent stipulation the Guarantor agrees that any delay such moneys which may not be recoverable from the Company by reason of any legal limitation, disability or forbearance incapacity on or of the Company or any other fact or circumstance shall nevertheless be recoverable from the Guarantor as though the same had been incurred by the Landlord Guarantor and the Guarantor were the sole and principal debtor in enforcing respect thereof and shall be paid by the payment Guarantor forthwith upon written demand therefor by the Trustee. The Guarantor shall not be exonerated or discharged from liability by time being given, or any other indulgence or concession being granted, to the Company by the Trustee or by the Original Bondholders or the Original Couponholders or any of them or by anything done by the Trustee in exercise of any of the rents trusts, powers, authorities or discretions vested in it by these presents or by anything which the Original Bondholders or the observance Original Couponholders or performance the Trustee or any of them may do or omit or neglect to do or by any other dealing or thing which, but for this provision, might operate to exonerate or discharge the Guarantor from its obligations hereunder. It is further agreed as a separate and independent stipulation that any sums of money which may not be recoverable from the Guarantor on the footing of a guarantee whether by reason of any of legal limitation, disability or. any other fact or circumstances and whether or not known to the tenant covenants of this lease (Trustee or the Tenant’s obligations under Original Bondholders or the Authorised Guarantee Agreement) Original Couponholders or in making any demand of them shall nevertheless be recoverable from the Guarantor as sole or principal debtor in respect of any of them; orthereof and shall be paid by the Guarantor to the Trustee forthwith upon written demand therefor by the Trustee; (c) this guarantee shall be a continuing guarantee and accordingly shall remain in operation until all such moneys have been paid or satisfied in full and shall be in addition to and not in substitution for, and shall not be affected by, any refusal other rights which the Trustee or the Original Bondholders or the Original Couponholders or any of them may have under or by virtue of these presents and may be enforced without first having recourse to any such rights and without taking any steps or proceedings against the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; orCompany; (d) the Landlord exercising Trustee may from time to time make any right arrangement or remedy against compromise with the Tenant for any failure Guarantor in relation to pay this guarantee which the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); orTrustee may think fit; (e) prior to the Landlord taking liquidation of the Company, the Guarantor shall not, without the prior written consent of the Trustee, at any action time after default has been made by the Company in the payment of any such moneys and so long as any moneys payable from time to time by the Guarantor in respect of such defaulted moneys remain unpaid, exercise in respect of any amounts paid under this guarantee any right of subrogation, indemnity or refraining from taking any action in connection with reimbursement or any other security held right or remedy which the Guarantor may have in respect of or as a result of such payment; (f) in the event of the liquidation of the Company, if any moneys shall then be payable by the Landlord Guarantor under this guarantee, the Guarantor will, until all such moneys payable from time to time in respect of the Tenant’s liability Original Bonds and the Original Coupons and all other moneys payable from time to time under or pursuant to these presents have been paid in full, hold the benefit of all its claims against the Company upon trust to pay the rents reserved by this lease or observe same to the Trustee and perform shall prove for such claims against the tenant covenants Company and the Guarantor hereby irrevocably authorises the Company to pay to the Trustee, to the extent that all such moneys payable from time to time in respect of the lease (Original Bonds and the Original Coupons and all other moneys payable under or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release pursuant to these presents shall not have been paid in full, all moneys due in respect of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or]claims; (g) if any legal limitation or disability on payment received by the Tenant Trustee or any invalidity Original Bondholder or irregularity of Original Couponholder pursuant to the provisions hereof shall be avoided under any laws relating to bankruptcy, insolvency, corporate reorganisation or other similar events, such payment shall not be considered as having discharged or diminished the liability of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolvedGuarantor, or being struck off the register of companies or otherwise ceasing and this guarantee shall continue to exist, or, apply as if the Tenant is an individual, such payment had at all times remained owing by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that Company and the Guarantor shall not be under any liability in relation to indemnify the surrendered part Trustee and the Original Bondholders and Original Couponholders in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlordthereof. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] written release [by deed] deed of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability obligations and liabilities of the Guarantor under paragraph 1.1(a) this guarantee are those of primary obligor and paragraph 1.2(a) not merely as surety but subject always to the terms and conditions of this guarantee. Accordingly, the Council shall continue until not be obliged before enforcing this guarantee, and the end Guarantor waives any right it may have of first requiring the termCouncil, to take any action in any court or arbitral proceedings, or until the Tenant is released to make any claim against, or any demand of, or enforce any other rights or security, or claim payment from any person before claiming from the tenant covenants of Guarantor under this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlierguarantee. 2.2 The liability of the Guarantor agrees that it shall not be reducedexonerated or discharged from any of its obligations under this guarantee by any act, discharged omission, matter or otherwise adversely affected byother thing whereby (in the absence of this provision) the Guarantor would or might be released in whole or in part from liability under this guarantee, whether or not known to the Guarantor, including, without limitation: 2.2.1 any and every variation or variations to the Admission Agreement made with or without the consent of the Guarantor, or waiver or release granted under or in respect of the Admission Agreement including, but not limited to: (a) any time and every variation or indulgence granted by the Landlord amendment to the Tenant; orAdmission Agreement even where such would result in an increase in the Guarantor's liability to the Council under this guarantee; (b) the replacement of the Admission Agreement by a new agreement between the Council and the Operating Sub-Contractor and any delay or forbearance subsequent replacement agreements which follow, irrespective of whether such replacement agreements were within the scope of variation anticipated by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Admission Agreement) or in making any demand in respect of any of them; orand (c) a change in purpose of the Admission Agreement; 2.2.2 time being given to the Operating Sub-Contractor or any refusal other person or any other indulgence or concession to the Operating Sub-Contractor or any other person; 2.2.3 the release of the Operating Sub-Contractor or any other person or the taking, holding, varying, non-enforcement, or release by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance Council of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease for all or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants sums payable or obligations to be performed by the Contractor or the Operating Sub-Contractor; 2.2.4 any incapacity or lack of power, authority or legal personality of or dissolution or change in the members or status of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) Operating Sub- Contractor or any unenforceability other person; 2.2.5 any unenforceability, illegality or invalidity of any obligation of them against any party to the Tenant; orAdmission Agreement; (h) 2.2.6 the Tenant being dissolvedliquidation, insolvency, administration or analogous process of, or being struck off any change in the register of companies status, function, control, ownership or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer financial condition of the Tenant’s liability under this lease Operating Sub-Contractor or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; other person or by any other act or omission except an express [written] release [by deed] event; 2.2.7 the existence of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deductionclaim, set-off or counter-claim other right which the Guarantor may have at any time against the Landlord Operating Sub-Contractor or the TenantCouncil or any other person, whether in connection herewith or with any unrelated transaction; 2.2.8 any termination or cessation of the Admission Agreement for any other reason; or 2.2.9 any other event which might operate to discharge the Guarantor. 2.3 The Guarantor hereby authorises the Operating Sub-Contractor and the Council by agreement between the parties to the Admission Agreement to make any addendum or variation to the Admission Agreement, the due and punctual performance of which addendum or variation shall be likewise guaranteed by the Guarantor hereunder in accordance with the terms of this guarantee.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) agrees, represents and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected bywarrants to Lender as follows: (a) Guarantor shall continue to be liable under this Guaranty and the provisions hereof shall remain in full force and effect notwithstanding (i) any modification, agreement or stipulation between Borrower and Lender, or their respective successors and assigns, with respect to the Loan Documents or the obligations encompassed thereby, including, without limitation, the Guaranteed Obligations; or (ii) Lender’s waiver of or failure to enforce any of the terms, covenants or conditions contained in the Loan Documents or in any modification thereof; or (iii) any release of Borrower or any other guarantor from any liability with respect to the Guaranteed Obligations; (iv) any release or subordination of any real or personal property then held by Lender as security for the performance of the Guaranteed Obligations; (v) any disability of Borrower, or the dissolution, insolvency, or bankruptcy of Borrower, Guarantor, or any other party at any time liable for the payment of any or indulgence granted all of the Guaranteed Obligations; (vi) the unenforceability or invalidity of any or all of the Guaranteed Obligations or any of the Loan Documents; (vii) any payment by Borrower or any other party to Lender is held to constitute a preference under applicable bankruptcy or insolvency law or if for any other reason Lender is required to refund any payment or pay the Landlord amount thereof to someone else; (viii) the Tenantsettlement or compromise of any of the Guaranteed Obligations; or(ix) the non-perfection of any security interest or lien securing any or all of the Guaranteed Obligations; or (x) any impairment of any collateral securing any or all of the Guaranteed Obligations. (b) Guarantor’s liability under this Guaranty shall continue until all sums due under the Loan Documents have been paid in full and all of Borrower’s other obligations to Lender have been paid and performed in full, and shall not be reduced by virtue of any delay payment by Borrower of any amount due under the Loan Documents, or forbearance by Lender’s recourse to any collateral or security. Guarantor acknowledges that Lender may apply any payment made by Borrower to Lender to any obligation of Borrower to Lender under the terms of any Loan Documents in such amounts and such manner as Lender may elect, regardless of whether such application complies with any instruction or designation given or made by Borrower with respect to such payment and agrees that any such application shall not in any manner reduce, extinguish or otherwise affect the liability of Guarantor hereunder. (c) Guarantor acknowledges that it has and will continue to have full and complete access to any and all information concerning the transactions contemplated by the Landlord Loan Documents or referred to therein, the value of the assets owned or to be acquired by Borrower, Borrower’s financial status and its ability to pay and perform its obligations under the Loan Documents. Guarantor further warrants and represents that it has reviewed and approved copies of the Loan Documents and is fully informed of the remedies Lender may pursue, with or without notice to Borrower, in enforcing the payment event of default under the loan agreement, note or other Loan Documents. So long as any of the rents Guaranteed Obligations remains unsatisfied or owing to Lender, Guarantor shall keep itself fully informed as to all aspects of Borrower’s financial condition and the observance or performance of any of the tenant covenants of this lease (or the TenantBorrower’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; orLoan Documents. (d) If acceleration of the Landlord exercising time for payment of any right or remedy against the Tenant for any failure to pay the rents reserved amount payable by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations Borrower under the Authorised Guarantee Agreement); orLoan Documents is stayed upon the insolvency, bankruptcy, or reorganization of Borrower, all such amounts otherwise subject to acceleration under the terms of the Loan Documents shall nonetheless be payable by Guarantor hereunder forthwith on demand by Lender. (e) Lender is not required to inquire into the Landlord taking any action powers of Borrower or refraining from taking any action in connection with any other security held by the Landlord in respect Guarantor or of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantorofficers, directors, or other agents acting or purporting to act on their behalf, and any indebtedness or obligations made or created in reliance upon the grant professed exercise of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability such powers shall be guaranteed under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the LandlordGuaranty. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 . The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time : Anytime or indulgence granted by the Landlord to the Tenant; or (b) or any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s 's obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) or any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) or the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) or the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) or [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) ] any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) or the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) or without prejudice to paragraph 4, the disclaimer of the Tenant’s 's liability under this lease or the forfeiture of this lease; or (j) or the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] written release [by deed] deed of the Guarantor by the Landlord. 2.3 . [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 ] Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant. The Guarantor shall, at the request of the Landlord, join in and give its consent to the terms of any consent, approval, variation or other document that may be entered into by the Tenant in connection with this lease (or the Authorised Guarantee Agreement). The Guarantor shall not be released by any variation of the rents reserved by, or the tenant covenants in, this Lease (or the Tenant's obligations under the Authorised Guarantee Agreement) whether or not: the variation is material or prejudicial to the Guarantor; or the variation is made in any document; or the Guarantor has consented, in writing or otherwise, to the variation. The liability of the Guarantor shall apply to the rents reserved by and the tenant covenants in this lease (and the Tenant's obligations under the Authorised Guarantee Agreement) as varied except to the extent that the liability of the Guarantor is affected by section 18 of the Landlord and Tenant (Covenants) Xxx 0000. If this lease is forfeited or the liability of the Tenant under this lease is disclaimed and the Landlord gives the Guarantor notice not later than six months after the forfeiture or the Landlord having received notice of the disclaimer, the Guarantor shall enter into a new lease of the Property on the terms set out in paragraph 4.2. The rights and obligations under the new lease shall take effect beginning on the date of the forfeiture or disclaimer and the new lease shall: be granted subject to the right of any person to have this lease vested in them by the court and to the terms on which any such order may be made and subject to the rights of any third party existing at the date of the grant; be for a term that expires on the same date as the end of the Contractual Term of this lease had there been no forfeiture or disclaimer; reserve as an initial annual rent an amount equal to the Annual Rent payable under this lease at the date of the forfeiture or disclaimer or which would be payable but for any abatement or suspension of the Annual Rent or restriction on the right to collect it (subject to paragraph 5) and which is subject to review on the same terms and dates provided by this Lease; be excluded from sections 24 to 28 of the LTA 1954; and otherwise be on the same terms as this lease (as varied if there has been any variation). The Guarantor shall pay the Landlord’s solicitors’ costs and disbursements (on a full indemnity basis) and any VAT in respect of them in relation to the new lease and shall execute and deliver to the Landlord a counterpart of the new lease within one month after service of the Landlord’s notice. The grant of a new lease and its acceptance by the Guarantor shall be without prejudice to any other rights which the Landlord may have against the Guarantor or against any other person or in respect of any other security that the Landlord may have in connection with this lease. The Landlord may, instead of giving the Guarantor notice pursuant to paragraph 4.1 but in the same circumstances and within the same time limit, require the Guarantor to pay an amount equal to six months Annual Rent and the Guarantor shall pay that amount on demand. If at the date of the forfeiture or disclaimer there is a rent review pending under this lease, then the initial annual rent to be reserved by the new lease shall be the greater of: the Annual Rent previously payable (or which would have been payable but for any abatement or suspension of the Annual Rent or restriction on the right to collect it) under the lease prior to forfeiture or disclaimer; and the open market rent of the Property at the Review Date, as determined by the Landlord before the grant of the new lease. Any payment or dividend that the Landlord receives from the Tenant (or its estate) or any other person in connection with any insolvency proceedings or arrangement involving the Tenant shall be taken and applied as a payment in gross and shall not prejudice the right of the Landlord to recover from the Guarantor to the full extent of the obligations that are the subject of this guarantee and indemnity. The Guarantor shall not claim in competition with the Landlord in any insolvency proceedings or arrangement of the Tenant in respect of any payment made by the Guarantor pursuant to this guarantee and indemnity. If it otherwise receives any money in such proceedings or arrangement, it shall hold that money in trust for the Landlord to the extent of its liability to the Landlord. The Guarantor shall not, without the consent of the Landlord, exercise any right or remedy that it may have (whether against the Tenant or any other person) in respect of any amount paid or other obligation performed by the Guarantor under this guarantee and indemnity unless and until all the obligations of the Guarantor under this guarantee and indemnity have been fully performed.

GUARANTOR’S LIABILITY. 2.1 6.1 The Guarantor’s liability of under clauses 5.1 and 5.2 begins when the Guarantor under paragraph 1.1(a) Applicant completes the Booking Process and paragraph 1.2(a) shall continue continues until all the end of Tenant’s obligations and liabilities in the term, Tenancy Agreement have been performed or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlierdischarged. 2.2 6.2 The Guarantor’s liability of includes the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) Applicant’s obligations relating to the Room selected by the Applicant during the Booking Process and to any time or indulgence granted substituted accommodation provided by the Landlord to the Tenant in accordance with the Standard Terms and Conditions of Residence 2021/22. 6.3 If the Applicant does not vacate the Room at the end of the Tenancy Period, the Guarantor will be liable for the performance of the Tenant; ’s obligations and the discharge of the Tenant’s liabilities arising out of or in connection with the Tenancy Agreement from the end of the Tenancy Period until the date the Applicant vacates the Room or, if later, until expiry of a valid notice to quit served by the Applicant. (b) 6.4 The Guarantor’s liability will not be affected by: 6.4.1 any concessions which the Landlord makes to the Tenant, such as allowing extra time to pay; 6.4.2 any delay or forbearance by the Landlord in enforcing asking the payment of any of the rents Tenant or the observance Guarantor to pay, or performance of any of the tenant covenants of this lease (or in enforcing the Tenant’s obligations under or the Authorised Guarantee Agreement) or in making any demand in respect of any of them; orGuarantor’s obligations; (c) any 6.4.3 the Landlord’s refusal by the Landlord to accept Rent or any rent or other payment due under this lease from the Tenant in circumstances where the Landlord believes that the acceptance of such rent or accepting payment may prejudice its ability to re-enter the Property; or (d) would prevent the Landlord from exercising any right rights that it would otherwise have; 6.4.4 the Landlord making any claim or remedy taking any action against the Tenant for any relating to the Tenant’s failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease Rent or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under in the Authorised Guarantee Tenancy Agreement) including the release of . 6.5 The Guarantor must pay any such security; or (f) [a release or compromise of the liability of any one of the persons who money that s/he is the Guarantor, or the grant of any time or concession liable to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability pay under this lease agreement without making any deductions or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the TenantApplicant. (This means that even if the Guarantor believes that the Landlord owes the Applicant money, or the Applicant owes the Guarantor money, the Guarantor must pay the amounts due under this agreement in full, and make a separate claim for any re-payments that the Guarantor believes s/he or the Tenant is entitled to). 6.6 If the Applicant is made bankrupt and the Tenancy Agreement is disclaimed by the trustee in bankruptcy, the Guarantor will (in addition to any amounts payable under clause 5) pay to the Landlord within 14 days of demand an amount equal to the Rent that would have been payable under the Tenancy Agreement for the period beginning with the date of disclaimer and ending on: 6.6.1 the last day of the Tenancy Period or, if sooner 6.6.2 the date the Room is re-let.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000Act 1995, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; , or by any other act or omission except an express [written] written release [by deed] deed of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 (a) The Guarantor agrees that the Guarantor’s liability to the Finance Parties under this Guarantee (including for avoidance of doubt the Guarantor under paragraph 1.1(aobligation to make payment on first written demand) and paragraph 1.2(a) shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduceddischarged, discharged impaired or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment reason of any of the rents following events or circumstances (regardless of whether any such events or circumstances occur with or without the Guarantor’s knowledge or consent):- (i) any time, forbearance or other indulgence given or agreed by the Agent or the observance Finance Parties with the Borrower or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand third party in respect of any of themits obligations under the Agreement and/or the Swap Agreements and/or the Security Documents; (ii) any legal limitation, disability or incapacity of the Borrower or any third party related to the Agreement and/or the Swap Agreements and/or the Security Documents; (iii) any invalidity, irregularity, unenforceability, imperfection or avoidance of or any defect in any security granted by, or the obligations of any party to the Agreement, the Swap Agreements or the Security Documents, or any amendment to or variation thereof, or of any other document or security comprised therein; (iv) the liquidation, bankruptcy or dissolution (or proceedings analogous thereto) or the appointment of a receiver for the Borrower or any third party, or the occurrence of any circumstances whatsoever affecting the liability of any party to discharge its respective obligations under the Agreement, the Swap Agreements or any of the Security Documents; (v) any challenge, dispute or avoidance by any liquidator of the Borrower or any third party in respect of any claim by the Borrower by right of subrogation in any such liquidation; (vi) any release, discharge, renewal, amendment, extension, compromise exchange or realisation of any security, obligation or term of the Agreement and/or the Swap Agreements and/or the Security Documents, or any further security for the obligations of the Borrower under the Agreement and/or the Swap Agreements; (vii) any failure on the part of the Agent or the Finance Parties (whether intentional or not) to take or perfect any security agreed to be taken under or in relation to any of the Agreement and/or the Swap Agreements and/or the Security Documents; or (cviii) any refusal by conflict, dispute, challenge or defence between or made by, any of the Landlord parties to accept any rent the Agreement, the Swap Agreements or other payment due under this lease where the Landlord believes Security Documents, that the acceptance of such rent or payment may prejudice its ability Guarantor could otherwise be entitled to re-enter the Property; invoke, or (dix) any other act, matter or thing (save for discharge in full of the Landlord exercising any right or remedy against Outstanding Indebtedness) which might otherwise constitute a legal discharge of the Tenant for any failure to pay obligations of the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations Borrower under the Authorised Guarantee Agreement); orAgreement and/or the Swap Agreements and/or the Security Documents. (eb) The Guarantor specifically waives all rights under the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect provisions of the Tenant’s liability to pay Norwegian Financial Services Act of 25 June 1999 no. 46 not being mandatory provisions, including the rents reserved by this lease or observe and perform following provisions (the tenant covenants main contents of the lease (or relevant provisions being as indicated in the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; orbrackets): (i) without prejudice 62 (1) (a) (to paragraph 4, be notified of any security the disclaimer giving of which was a precondition for the advance of the Tenant’s liability under this lease Loan or the forfeiture granting of this lease; orthe Swap Agreements, but which has not been validly granted or has lapsed); (jii) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not 63 (1) - (2) (to be under any liability in relation to the surrendered part in respect notified of any period after event of default under the surrender; or by any other act or omission except an express [written] release [by deed] of Agreement and the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint Swap Agreements and several.] 2.4 Any sum payable by the Guarantor shall to be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.kept informed thereof);

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) 1.1.1 and paragraph 1.2(a) 1.2.1 shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000Act 1995, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) 2.2.1 any time or indulgence granted by the Landlord to the Tenant; or (b) 2.2.2 any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) 2.2.3 any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) 2.2.4 the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement)lease; or (e) 2.2.5 the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s 's liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [2.2.6 a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) 2.2.7 any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) 2.2.8 the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) 2.2.9 without prejudice to paragraph 4, the disclaimer of the Tenant’s 's liability under this lease or the forfeiture of this lease; or (j) 2.2.10 the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; , or by any other act or omission except an express [written] written release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(aparagraphs 1.1 (a) and paragraph 1.2(a) shall 1.2will continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall will not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; , or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; , or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; , or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); , or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; , or (f) [a release or compromise of the liability of any one anyone of the persons who is the Guarantor, or the grant of any time or concession to any one anyone of them; , or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability un enforceability of any of them against the Tenant; , or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; , or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; , or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall will not be under any liability in relation to the surrendered part in respect of any period after the surrender; , or by any other act or omission except an express [written] written release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall will be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant.

GUARANTOR’S LIABILITY. 2.1 3.1 The liability of the Guarantor under paragraph 1.1(a) paragraphs 2.1 and paragraph 1.2(a) 2.2 shall continue until the end of the term, Contractual Term or until the Tenant is released from the tenant covenants of this lease Tenant’s obligations under the Tenancy Agreement by virtue of the Landlord and Tenant (Covenants) Xxx 0000Act 1995, if earlier. 2.2 3.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) Tenancy Agreement or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease the Tenancy Agreement where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Propertypremises let to the Tenant; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease the Tenancy Agreement or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Tenancy Agreement); or (e) 3.3 If the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any Guarantor is more than one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4person, the disclaimer of the Tenant’s liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 3.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the Tenant. 3.5 By signing this Agreement, the Guarantor hereby confirms that he/she is: (a) resident in the United Kingdom; and (b) in paid full-time employment; or (c) retired and in receipt of a private pension

GUARANTOR’S LIABILITY. 2.1 6.1 The Guarantor’s liability of under clauses 5.1 and 5.2 begins when the Guarantor under paragraph 1.1(a) Applicant completes the Booking Process and paragraph 1.2(a) shall continue continues until all the Tenant’s obligations and liabilities in the Tenancy Agreement have been performed or discharged. 6.2 If the Applicant does not vacate the Room at the end of the termTenancy Period, the Guarantor will be liable for the performance of the Tenant’s obligations and the discharge of the Tenant’s liabilities arising out of or in connection with the Tenancy Agreement from the end of the Tenancy Period until the Tenant is released from date the tenant covenants of this lease by virtue of Applicant vacates the Landlord and Tenant (Covenants) Xxx 0000Room or, if earlierlater, until expiry of a valid notice to quit served by the Applicant. 2.2 6.3 The Guarantor’s liability of the Guarantor shall will not be reduced, discharged or otherwise adversely affected by: (a) 6.3.1 any time or indulgence granted by concessions which the Landlord makes to the Tenant; or, such as allowing extra time to pay; (b) 6.3.2 any delay or forbearance by the Landlord in enforcing asking the payment of any of the rents Tenant or the observance Guarantor to pay, or performance of any of the tenant covenants of this lease (or in enforcing the Tenant’s obligations under or the Authorised Guarantee Agreement) or in making any demand in respect of any of them; orGuarantor’s obligations; (c) any 6.3.3 the Landlord’s refusal by the Landlord to accept Rent or any rent or other payment due under this lease from the Tenant in circumstances where the Landlord believes that the acceptance of such rent or accepting payment may prejudice its ability to re-enter the Property; or (d) would prevent the Landlord from exercising any right rights that it would otherwise have; 6.3.4 the Landlord making any claim or remedy taking any action against the Tenant for any relating to the Tenant’s failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement); or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease Rent or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under in the Authorised Guarantee Tenancy Agreement) including the release of . 6.4 The Guarantor must pay any such security; or (f) [a release or compromise of the liability of any one of the persons who money that s/he is the Guarantor, or the grant of any time or concession liable to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s liability pay under this lease agreement without making any deductions or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] release [by deed] of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-off or counter-claim against the Landlord or the TenantApplicant. (This means that even if the Guarantor believes that the Landlord owes the Applicant money, or the Applicant owes the Guarantor money, the Guarantor must pay the amounts due under this agreement in full, and make a separate claim for any re-payments that the Guarantor believes s/he or the Tenant is entitled to). 6.5 If the Applicant is made bankrupt and the Tenancy Agreement is disclaimed by the trustee in bankruptcy, the Guarantor will (in addition to any amounts payable under clause 5) pay to the Landlord within 14 days of demand an amount equal to the Rent that would have been payable under the Tenancy Agreement for the period beginning with the date of disclaimer and ending on: 6.5.1 the last day of the Tenancy Period or, if sooner 6.5.2 the date the Room is re-let.

GUARANTOR’S LIABILITY. 2.1 The liability of the Guarantor under paragraph 1.1(a) 1.2 and paragraph 1.2(a) 1.2 shall continue until the end of the term, or until the Tenant is released from the tenant covenants of this lease by virtue of the Landlord and Tenant (Covenants) Xxx 0000, if earlier. 2.2 The liability of the Guarantor shall not be reduced, discharged or otherwise adversely affected by: (a) any time or indulgence granted by the Landlord to the Tenant; or (b) any delay or forbearance by the Landlord in enforcing the payment of any of the rents or the observance or performance of any of the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or in making any demand in respect of any of them; or (c) any refusal by the Landlord to accept any rent or other payment due under this lease where the Landlord believes that the acceptance of such rent or payment may prejudice its ability to re-enter the Property; or (d) the Landlord exercising any right or remedy against the Tenant for any failure to pay the rents reserved by this lease or to observe or perform the tenant covenants of this lease (or the Tenant’s obligations under the Authorised Guarantee Agreement)lease; or (e) the Landlord taking any action or refraining from taking any action in connection with any other security held by the Landlord in respect of the Tenant’s liability to pay the rents reserved by this lease or observe and perform the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) including the release of any such security; or (f) [a release or compromise of the liability of any one of the persons who is the Guarantor, or the grant of any time or concession to any one of them; or] (g) any legal limitation or disability on the Tenant or any invalidity or irregularity of any of the tenant covenants of the lease (or the Tenant’s obligations under the Authorised Guarantee Agreement) or any unenforceability of any of them against the Tenant; or (h) the Tenant being dissolved, or being struck off the register of companies or otherwise ceasing to exist, or, if the Tenant is an individual, by the Tenant dying or becoming incapable of managing its affairs; or (i) without prejudice to paragraph 4, the disclaimer of the Tenant’s 's liability under this lease or the forfeiture of this lease; or (j) the surrender of the lease in respect of part only of the Property, except that the Guarantor shall not be under any liability in relation to the surrendered part in respect of any period after the surrender; or by any other act or omission except an express [written] written release [by deed] deed of the Guarantor by the Landlord. 2.3 [The liability of each of the persons making up the Guarantor is joint and several.] 2.4 Any sum payable by the Guarantor shall be paid without any deduction, set-set- off or counter-claim against the Landlord or the Tenant.