Common use of Landlord’s Warranty Clause in Contracts

Landlord’s Warranty. Landlord warrants that it is the owner of the Premises and has the right to lease them free of all encumbrances, except for the encumbrances (the "Permitted Encumbrances") set forth on Exhibit B hereto (which by this reference is made a part hereof) and except as expressly set forth in Section 11.2 below. Landlord will defend Tenant's right to quiet enjoyment of the Premises from the lawful claims of all persons during the Term. Tenant hereby acknowledges and agrees that this Lease, and the leasehold estate created hereby, are subject and subordinate to all of the Permitted Encumbrances.