Common use of No Release of Liability Clause in Contracts

No Release of Liability. No assignment or subletting shall relieve Tenant of its obligations hereunder, and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or sublease had been made.

Appears in 4 contracts

Samples: Lease (RMG Acquisition Corp.), Industrial Building Lease (Power Solutions International, Inc.), Industrial Building Lease (Power Solutions International, Inc.)

AutoNDA by SimpleDocs

No Release of Liability. No assignment or subletting shall relieve Tenant of its obligations hereunder, and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or sublease had been made, unless Tenant is released by Landlord in writing.

Appears in 1 contract

Samples: Lease Agreement (Dixie Group Inc)

AutoNDA by SimpleDocs

No Release of Liability. No Permitted Transfer, assignment or subletting shall relieve Tenant of its obligations hereunder, and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or sublease had been made.

Appears in 1 contract

Samples: Lease (5.11 Abr Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!