Liability to Landlord Sample Clauses
The 'Liability to Landlord' clause defines the tenant's responsibility for any damages, losses, or obligations arising from their use or occupation of the leased property. Typically, this clause outlines the circumstances under which the tenant must compensate the landlord, such as for property damage beyond normal wear and tear, or for breaches of the lease agreement. Its core function is to allocate risk by ensuring the landlord is protected from financial harm caused by the tenant's actions or negligence during the tenancy.
Liability to Landlord. Tenant hereby agrees that notwithstanding anything in this Lease to the contrary, and regardless of whether or not Landlord’s consent is required hereunder, no Transfer shall be valid or effective unless and until the Transferee agrees in a written document, in form and substance satisfactory to Landlord, that the Transferee shall (1) in the case of a subletting of any part of the Premises, observe and perform all duties, obligations and liabilities of the Tenant under the terms of this Lease as such terms relate to the space subleased, or (2) in the case of all other Transfers, observe and perform all duties, obligations and liabilities of the Tenant under the terms of this Lease. In addition, no Transfer of any kind, regardless of whether or not Landlord’s consent thereto is required hereunder, shall serve to relieve or release the Tenant in any way from full and direct liability for the timely performance of all of the Tenant’s duties and obligations under this Lease.
Liability to Landlord. No assignment, transfer or sub-let shall be permitted unless the sub-lessee or assignee, as the case may be, shall have expressly agreed to be bound directly towards the Landlord for the due fulfilment of all of the Tenant's obligations under this Lease. The Tenant and the assignee, transferee and subtenant will execute such documentation as Landlord requires. At the Landlord's option, the assignee or transferee will enter into a new lease with the Landlord at the same terms and conditions as this Lease save for the Leased Premises which will be delivered as is, whereas, the Term, which will be the unexpired portion of the Term, and the Minimum Rent of which will be calculated in accordance with Section 4.1.1. The Tenant will guarantee the obligations of the "Tenant" under the new lease in a manner Landlord determines, acting reasonably. If Landlord consents to a sublease, all sub-rentals and similar amounts payable by a subtenant or other person to the Tenant are hereby irrevocably and unconditionally assigned to the Landlord such that the subtenant or other person will pay all such sums directly to the Landlord and the amounts so paid will be credited against Tenant's monetary obligations under this Lease. In no event will this assignment or any dealings with the subtenant or other person have the effect of releasing the Tenant from any of its obligations under this Lease. Furthermore, it is understood that if Landlord does not collect any sub-rentals or other amounts from any subtenant or other person the Tenant will have no claim or defense against the Landlord in any manner whatsoever, provided that the Landlord notifies Tenant of the defaults on a timely basis. Even in the case of an assignment or transfer, the Tenant shall at all times be considered a solidary cotenant, until the end of the Term stipulated herein, and remain subject to all obligations of the Lease; in case of repudiation of the Lease by the Assignee or Subtenant, its trustee or liquidator or other legal representative, the Tenant shall remain liable and in no way relieved of any obligation of the present Lease.
Liability to Landlord. Both Sublandlord and Subtenant shall be and --------------------- continue to be liable for the payment of (a) all bills rendered by Landlord for charges incurred by Subtenant for services and materials supplied to the Sublet Premises beyond that which is required by the terms of the Prime Lease, and (b) any additional costs (over and above the costs that are Landlord's responsibility under the Prime Lease and that would necessarily be incurred by Landlord if Sublandlord, rather than Sublessee, were occupying the Subleased Premises) incurred by Landlord for maintenance and repair of the Sublet Premises as the result of Subtenant occupying the Sublet Premises (including, but not limited to, any excess cost to Landlord of services furnished to or for the Sublet Premises).