Common use of Obligations Not Affected Clause in Contracts

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, Tenant and any other guarantor, will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 7 contracts

Samples: Guaranty (Caesars Entertainment, Inc.), Guaranty (Vici Properties Inc.), And Attornment Agreement (Caesars Entertainment, Inc.)

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Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the LeaseLease Documents; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the LeaseLease Documents. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, Person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 5 contracts

Samples: Purchase Agreement (MGM Resorts International), Guaranty (VICI Properties L.P.), Master Lease (MGM Growth Properties Operating Partnership LP)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to any Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Master Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Master Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with any Guarantor or any other guarantor, Tenant or any other Personperson, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of any Guarantor hereunder or give any Guarantor any recourse or offset against Landlord.

Appears in 5 contracts

Samples: Master Lease (Eldorado Resorts, Inc.), Master Lease (Gaming & Leisure Properties, Inc.), Guaranty of Master Lease (Penn National Gaming Inc)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, Person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Vici Properties Inc.), Guaranty (CAESARS ENTERTAINMENT Corp), Guaranty (Vici Properties Inc.)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Master Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Master Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, Person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 2 contracts

Samples: Master Lease (MGM Resorts International), Master Lease (MGM Resorts International)

Obligations Not Affected. In such mannerSubject to the terms of the Lease, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedientmay, and without notice to any Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Personperson, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, person including the Tenant and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 2 contracts

Samples: Guaranty of Lease (Sabra Health Care REIT, Inc.), Guaranty of Lease (Sabra Health Care REIT, Inc.)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation obligation hereby guaranteed; (b) extend, amend or terminate any of the LeaseLease Documents; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Personperson, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, person including Tenant and any other guarantor, guarantor will not affect any of the Obligations obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 1 contract

Samples: Guaranty (Diversicare Healthcare Services, Inc.)

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Obligations Not Affected. In such manner, upon such terms and at such times as Landlord Obligee in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord Obligee may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Lease; or (c) release Tenant Primary Obligor by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise non‑exercise by Landlord Obligee of any right hereby given to LandlordObligee, dealing by Landlord Obligee with Guarantor or any other guarantor, Tenant Primary Obligor or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord Obligee against any Person, including, without limitation, Tenant Person including Primary Obligor and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against LandlordObligee.

Appears in 1 contract

Samples: Guaranty (CAESARS ENTERTAINMENT Corp)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, . Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, . Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, . Tenant and any other guarantor, will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 1 contract

Samples: And Attornment Agreement (Caesars Entertainment, Inc.)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Master Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Personperson, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Appears in 1 contract

Samples: Guaranty of Master Lease (Sabra Health Care REIT, Inc.)

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to any Guarantor, Landlord may: (a) amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; (b) extend, amend or terminate the Master Lease; or (c) release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Master Lease. Any exercise or non-exercise by Landlord of any right hereby given to Landlord, dealing by Landlord with any Guarantor or any other guarantor, Tenant or any other Personperson, or change, impairment, release or suspension of any right or remedy of Landlord against any Person, including, without limitation, person including Tenant and any other guarantor, guarantor will not affect any of the Obligations of any Guarantor hereunder or give any Guarantor any recourse or offset against Landlord.. |US-DOCS\126208570.12||

Appears in 1 contract

Samples: Master Lease (Caesars Entertainment, Inc.)

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