Common use of No Release of Tenant Clause in Contracts

No Release of Tenant. Regardless of Landlord's consent, no subletting or assignment shall release Tenant of Tenant's obligation, or alter the primary liability of Tenant to pay the Rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of Rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting.

Appears in 3 contracts

Samples: Industrial Lease (Nexar Technologies Inc), Industrial Lease (Panda Project Inc), Industrial Lease (Metatec International Inc)

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No Release of Tenant. Regardless of whether or not Landlord's consent’s consent is required or obtained, no subletting or assignment (including, without limitation, to an Affiliate) shall release Tenant of Tenant's obligation, ’s obligations under this Lease or alter the primary liability of Tenant to pay the Rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of Rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of any default in the payment of Rent or performance of any obligation hereunder by any assignee or successor of Tenant, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said assignee or successor.

Appears in 3 contracts

Samples: Triple Net Space Lease (Financial Engines, Inc.), Triple Net Space Lease (Rambus Inc), Lionbridge Technologies Inc /De/

No Release of Tenant. Regardless of whether or not Landlord's consent’s consent is required or obtained, no subletting or assignment shall release Tenant of Tenant's obligation, ’s obligations under this Lease or alter the primary liability of Tenant to pay the Rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of Rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of any default in the payment of Rent or performance of any obligation hereunder by any assignee or successor of Tenant, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said assignee or successor.

Appears in 2 contracts

Samples: Work Letter Agreement, Work and Interior Specification Standards (Imprivata Inc)

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No Release of Tenant. Regardless of Landlord's ’s consent, no subletting or assignment shall release Tenant of Tenant's obligation, ’s obligation or alter the primary liability of Tenant to pay the Rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of Rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of default by any assignee of Tenant or any successor of Tenant in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said assignee or successor.

Appears in 1 contract

Samples: Center Lease (Visa Inc.)

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