Landlord’s Release Clause Samples
The LANDLORD'S RELEASE clause serves to formally release the landlord from certain obligations or liabilities, typically in connection with the tenant's activities or agreements with third parties, such as lenders or contractors. In practice, this clause may allow the landlord to relinquish claims over tenant-owned property or to permit the tenant to grant security interests in their assets without landlord interference. Its core function is to facilitate the tenant's business operations or financing arrangements by ensuring the landlord does not impede or claim rights over specific tenant matters, thereby reducing potential legal conflicts and clarifying the parties' respective rights.
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Landlord’s Release. Effective as of the later of the Surrender Date and the receipt by the Landlord of the new Letter of Credit (or amendment to the existing Letter of Credit) referred to in section 2.3, the Landlord releases and forever discharges the Tenant and its successors and assigns of and from any and all manner and causes of action, suits, debts, contracts, claims, demands, liabilities and damages in respect of any matter in any way related to the Surrendered Premises or any of the rents, covenants, conditions and agreements contained in the Lease to the extent they are applicable to the Surrendered Premises. In no event shall the foregoing release and discharge be effective to release or discharge, or be interpreted or construed as releasing or discharging, the Tenant from its obligation to perform all of its agreements and covenants in the Lease (as amended by this Agreement) in so far as they related to the Remaining Premises or from its obligations to the Landlord as set out in sections 1.2, 1.3 and 1.9 and elsewhere in this Agreement.
Landlord’s Release. In the event of a sale or conveyance by Landlord of the improvements of which the Leased Premises are a part, such sale or conveyance (along with conveyance of Tenant's security deposit) shall operate to release Landlord from any future liability upon any of the covenants or conditions, express or implied, herein contained in favor of Tenant, and in such event, Tenant agrees to look solely to the responsibility of the successor-in-interest to Landlord in and to this Lease. The Lease shall not be affected by any such sale or conveyance and Tenant agrees to attorn to the purchaser or assignee of Landlord.
Landlord’s Release. Tenant shall not be responsible or liable to Landlord for any damages or destruction to Landlord’s Property caused by Tenant’s employees, agents, visitors, invitees, guests, or independent contractors (collectively “Tenant’s Associates”), and Landlord hereby releases Tenant from any Claims resulting from damage or destruction to Landlord’s Property caused directly or indirectly by Tenant and/or Tenant’s Associates; provided, however, that nothing herein shall be deemed to release Tenant’s independent contractors from any such Claims Landlord may have against Tenant’s independent contractors.
Landlord’s Release. Notwithstanding anything to the contrary contained in this Lease, Landlord hereby releases Tenant from any and all liability for loss or damage caused by fire or any of the extended coverage perils coverable by the insurance required to be carried by Landlord in subsection 17(a) above, even if the insured peril shall be brought about by the default, negligence or other action of the Tenant, its agents, employees, invitees or any of them.
Landlord’s Release. Tenant shall not be liable for. and Landlord hereby releases Tenant, its officers, partners, members and employees from all losses, costs, claims, liabilities and damages (including attorneys' and consultants' fees) of every type and nature, arising out of or in connection with any hazardous substances or materials present on or before the Commencement Date on or about the Premises, the Building or the Development, or the violation of any Requirements relating to such hazardous substances or materials, except to the extent that any of the forgoing results from the release or emission of hazardous substances or materials by Tenant its officers, partners, members, employees, contractors, or agents. Landlord confirms, to Landlord's actual knowledge as of the date hereof without any duty of investigation or injury, that Landlord has received no written notice of violations of hazardous substances laws that exist at the Premises, the Building or the Development.
Landlord’s Release. Subject to Tenant complying with all of the terms hereof, Landlord releases Assignor from any and all liability under or in connection with or related to the Lease, occurring from and after the Effective Date.
Landlord’s Release. Effective as of the Release Effective Date (as defined below), Landlord hereby forever releases and discharges Tenant, and its respective partners, officers, directors, agents, trustees, beneficiaries and employees (collectively, the "Tenant Parties"), of and from any and all claims, acts, damages, demands, rights of action and causes of action (collectively, "Claims") which Landlord ever had, now has, or in the future may have, against Tenant or the Tenant Parties, arising from or in any way connected with the Lease, except for those obligations and liabilities contained herein and those obligations of Tenant referenced in Paragraph 1(c) above. Except as provided in the preceding sentence, this release is intended as a full settlement and compromise of each, every and all claims of every kind and nature relating to the Lease. As used herein, "
Landlord’s Release. If the Tenant shall receive a request in writing from the Landlord for a release of the Landlord’s covenants contained in this Lease as permitted by section 6 of the 1995 Act not to unreasonably withhold its consent to the release of such covenants.
Landlord’s Release. Effective as of the later of the Surrender Date and the receipt by the Landlord of the new Letter of Credit (or amendment to the existing Letter of Credit) referred to in section 2.3, the Landlord releases and forever discharges the Tenant and its successors and assigns of and from any and all manner and causes of action, suits, debts, contracts, claims, demands, liabilities and damages in respect of any matter in any way related to the Remaining Premises or any of the rents, covenants, conditions and agreements contained in the Lease to the extent they are applicable to the Remaining Premises. In no event shall the foregoing release and discharge be effective to release or discharge, or be interpreted or construed as releasing or discharging, the Tenant from its obligations to the Landlord as set out in sections 1.2, 1.3, 1.8 and 1.9 of this Agreement, sections 1.2, 1.3, 1.8 and 1.9 of the First Amendment and sections 1.2, 1.3, 1.8, 1.9, 2.2, 2.3, 2.8 and 2.9 of the Second Amendment.
Landlord’s Release. In consideration of the Termination Payment and the covenants and releases set forth herein and except for Tenant’s obligations set forth or preserved in this Agreement, Landlord hereby releases Tenant and its partners, officers, directors, shareholders, agents, trustees, beneficiaries, and employees from any and all claims, demands, obligations and liabilities which Landlord may have or would have against Tenant or such other parties had the Lease not been terminated by this Agreement, including without limitation Rent, late fees, interest, leasing commissions, attorneys’ fees and costs, and other costs of reletting the Premises which may have been payable to Landlord upon a default by Tenant.