Landlords Additional Covenants. 8.1 Warranty on Use - LANDLORD warrants and represents that at the commencement of construction it will be the Owner in Fee of the Land shown on Exhibit "A" and described in Exhibit "B". LANDLORD has no knowledge of and TENANT requires that there be no zoning regulations, restrictive agreements, leases or other instruments which prevent the use of the premises for the purpose intended herein, nor otherwise conflict with any of the provisions of this Lease. TENANT'S sole and conclusive remedy for a breach of this warranty shall be its right, at its election, to terminate the Lease prior to commencement of construction.
Appears in 11 contracts
Samples: Lease (Commerce Bancorp Inc /Nj/), Lease (Commerce Bancorp Inc /Nj/), Lease (Commerce Bancorp Inc /Nj/)
Landlords Additional Covenants. 8.1 Warranty on Use - LANDLORD warrants and represents that at the commencement of construction it will be the Owner in Fee of the Land shown on Exhibit "A" and described in Exhibit "B";. LANDLORD has no knowledge of and TENANT requires that there be no zoning regulations, restrictive agreements, leases or other instruments which prevent the use of the premises Premises for the purpose intended herein, nor otherwise conflict with any of the provisions of this Lease. TENANT'S TENANTS sole and conclusive remedy for a breach beach of this warranty shall be its right, at its election, to terminate the Lease lease prior to commencement of construction.
Appears in 3 contracts
Samples: Lease (Commerce Bancorp Inc /Nj/), Commerce Bancorp Inc /Nj/, Commerce Bancorp Inc /Nj/
Landlords Additional Covenants. 8.1 Warranty on Use - LANDLORD warrants and represents that at the commencement of construction it will be the Owner in Fee of the Land shown on Exhibit "A" and described in Exhibit "B". LANDLORD has no knowledge of and TENANT requires that there be no zoning regulations, restrictive agreements, leases or other instruments which prevent the use of the premises for the purpose intended herein, nor otherwise conflict with any of the provisions of this Lease. TENANT'S sole and conclusive remedy for a breach of this warranty shall be its right, at its election, to terminate the Lease prior to commencement of construction. TENANT shall be responsible for securing the zoning and all approvals.
Appears in 1 contract
Samples: Lease (Commerce Bancorp Inc /Nj/)