Common use of Lease Guaranty Clause in Contracts

Lease Guaranty. At Landlord's option, this Lease will be voidable unless the Guaranty of Lease is executed and delivered by the parent(s) or sponsor(s) of Tenant, and returned to Landlord within ten (10) days of the date Tenant signs this Lease.

Lease Guaranty. At Landlord's option, this Lease will be voidable unless the Guaranty of Lease is executed and delivered by the parent(s) or sponsor(s) of Tenant, Tenant and returned to Landlord within ten (10) days of the date Tenant signs this Lease. Landlord and Tenant, intending to be legally bound, have signed and entered into this Lease.