No Release of Tenant’s Obligations. No destruction of, or damage to the Property or Improvements, or any parts thereof, by fire or any other cause shall permit Tenant to surrender or terminate this Lease or shall relieve Tenant from its obligations to pay full Annual Rent and Additional Rent under this Lease or from any of its other obligations under this Lease, and Tenant waives any rights now or hereafter conferred on it by statute or otherwise to quit or surrender this Lease or the Property or any suspension, diminution, abatement or reduction of rent on account of any such damage or destruction.
Appears in 4 contracts
Samples: Lease (Peak Resorts Inc), Lease (Peak Resorts Inc), Lease Agreement (Blue Ridge Real Estate Co)
No Release of Tenant’s Obligations. No Unless this Lease is terminated as provided in Section 14(b), no destruction of, or damage to the Property or Improvements, or any parts thereof, by fire or any other cause shall permit Tenant to surrender or terminate this Lease or shall relieve Tenant from its obligations to pay full Annual Rent and Additional Rent under this Lease or from any of its other obligations under this Lease, and Tenant waives any rights now or hereafter conferred on it by statute or otherwise to quit or surrender this Lease or the Property or any suspension, diminution, abatement or reduction of rent on account of any such damage or destruction.
Appears in 2 contracts
Samples: Ground Lease (Peak Resorts Inc), Ground Lease (Peak Resorts Inc)
