Obligations under Lease Sample Clauses

Obligations under Lease. Subtenant agrees (i) to be bound by and to perform and comply with all the covenants, provisions, terms and conditions of the Lease during the Term of this Sublease to the extent applicable to the Subleased Premises or Sublessor with respect to the Subleased Premises other than those set forth in Sections 3(A), (B), (C), (D) and (E); 5(A), (B), (C), (D), (E), (F), and (G); 6; 7(A), (B), (C) and (E); 8; 9(A), (B), (C) and (D); 10(A), (B), (C), (D) and (E); 15(A), (B), (C), (D), (E), (F), (G) and (H); 23(D); and 39, and (ii) not to commit or permit to be committed any act, or to create or permit to be created any condition, that would constitute a default under the Lease. In the event any provision of this Sublease is inconsistent with a provision of the Lease, such inconsistency shall be resolved in favor of the provision of this Sublease, unless use of the Subleased Premises or any action or inaction in accordance with said provision may become the basis of a default under the Lease, in which situation the inconsistency shall be resolved in favor of the provision of the Lease. Sublessor represents to Subtenant that the Lease is in full force and effect and has not been amended or modified as of the date hereof, that the Subleased Premises may be used for all Permitted Uses, and that Subtenant's rights and obligations as set forth in this Sublease do not constitute a default under the Lease, and that as of the date hereof Sublessor is in compliance with Article 19 of the Lease and is not in default under the Lease. Notwithstanding anything to the contrary contained herein, if Landlord, in writing, shall claim or otherwise allege that a use of, action or inaction involving, or other circumstance concerning the Subleased Premises (or any use, whether permitted hereby, pursuant to law or prohibited hereby or thereby, of the Building by Subtenant, its employees, agents and contractors) is in violation of any provision of or may become a default under the Lease, Subtenant, immediately upon notice from Sublessor an without limiting the rights of Sublessor hereunder, shall cease such use or action and take such action or cause such circumstance to be changed so that the basis or alleged basis for such claim or allegation shall no longer exist.
Sample 1
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Obligations under Lease. GPES represents and warrants that a true, accurate and complete copy of the Lease is attached hereto as Exhibit 2; that the Lease is in full force and effect; and that GPES, and to GPES's current actual knowledge, the Owner, have performed all of their respective obligations thereunder to the date hereof.
Sample 1
Obligations under Lease. No term or condition of this Agreement, the PAC Replacement Agreement or the Replacement By-Law shall have any effect on or limit the rights of the City and its ability to exercise its rights under the Lease.
Sample 1
Obligations under Lease. Except for a Permitted Sublease, Tenant may not sublease any of its obligations under this Lease and in the event of a Permitted Sublease, Tenant shall not be released from any such obligations in the event such Subtenant fails to perform same.
Sample 1
Obligations under Lease. Landlord acknowledges and agrees that Tenant may assign any obligation or obligations under this Lease to any Subtenants without Landlord’s prior consent; provided, that Tenant shall not be released from any such obligations in the event such Subtenant fails to perform same.
Sample 1
Obligations under Lease. 3.1 Chapleau hereby acknowledges and agrees that: (a) any interest it may acquire in the Claims is subject to the Lease; (b) the interest of WKG(US) in and to the Claims is derived from the Lease and that the termination of the Lease by the Owners will also terminate any interest acquired or to be acquired by Chapleau pursuant to this Agreement; and (c) it is the responsibility of Chapleau to provide WKG(US) with the funds to pay the land holding costs and complete the work programs necessary (including the drilling commitments under the Lease) to keep the Lease in good standing up to and including the Exercise Date. 3.2 Chapleau hereby covenants and agrees with WKG(US) that while this Agreement is in effect, Chapleau will not take any action, or fail to take any action, where such action or failure to take action may constitute a breach by WKG(US) of the Lease or could lead to the termination of the Lease by the Owners. 3.3 Chapleau hereby covenants and agrees with WKG(US) that upon acquiring its 50% interest as lessee of the Claims, Chapleau will: (a) execute such documentation as WKG(US) or the Owners may reasonably require to cause Chapleau to be a party to the Lease; and (b) without limiting the foregoing, be responsible equally with WKG(US) for payment of the six percent net smelter return royalty described in the Lease.
Sample 1
Obligations under Lease. Assignor hereby delegates to Assignee, and Assignee hereby assumes from Assignor, all of Assignor’s obligations under the Lease from and after the date of this Agreement.
Sample 1
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Related to Obligations under Lease

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Conditions to Each Party’s Obligations under this Agreement The respective obligations of each party under this Agreement shall be subject to the fulfillment at or prior to the Closing Date of the following conditions, none of which may be waived:

  • Other Defaults Under Loan Documents Any Loan Party shall default in the performance of or compliance with any term contained in this Agreement or any of the other Loan Documents, other than any such term referred to in any other subsection of this Section 8, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Officer of Company or such Loan Party becoming aware of such default or (ii) receipt by Company and such Loan Party of notice from Administrative Agent or any Lender of such default; or

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • Obligations Unimpaired The Guarantor authorizes the holders, without notice or demand to the Guarantor and without affecting its obligations hereunder, from time to time: (a) to renew, compromise, extend, accelerate or otherwise change the time for payment of, all or any part of the Notes, the Note Agreement or any other instrument referred to therein; (b) to change any of the representations, covenants, events of default or any other terms or conditions of or pertaining to the Notes, the Note Agreement or any other instrument referred to therein, including, without limitation, decreases or increases in amounts of principal, rates of interest, the Make-Whole Amount or any other obligation; (c) to take and hold security for the payment of the Notes, the Note Agreement or any other instrument referred to therein, for the performance of this Guaranty Agreement or otherwise for the Indebtedness guaranteed hereby and to exchange, enforce, waive, subordinate and release any such security; (d) to apply any such security and to direct the order or manner of sale thereof as the holders in their sole discretion may determine; (e) to obtain additional or substitute endorsers or guarantors; (f) to exercise or refrain from exercising any rights against the Company and others; and (g) to apply any sums, by whomsoever paid or however realized, to the payment of the Guaranteed Obligations and all other obligations owed hereunder. The holders shall have no obligation to proceed against any additional or substitute endorsers or guarantors or to pursue or exhaust any security provided by the Company, the Guarantor or any other Person or to pursue any other remedy available to the holders. If an event permitting the acceleration of the maturity of the principal amount of any Notes shall exist and such acceleration shall at such time be prevented or the right of any holder to receive any payment on account of the Guaranteed Obligations shall at such time be delayed or otherwise affected by reason of the pendency against the Company, the Guarantor or any other guarantors of a case or proceeding under a bankruptcy or insolvency law, the Guarantor agrees that, for purposes of this Guaranty Agreement and its obligations hereunder, the maturity of such principal amount shall be deemed to have been accelerated with the same effect as if the holder thereof had accelerated the same in accordance with the terms of the Note Agreement, and the Guarantor shall forthwith pay such accelerated Guaranteed Obligations.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • Conditions to Obligations of Each Party Under This Agreement The respective obligations of each party to effect the Merger and the other transactions contemplated herein shall be subject to the satisfaction at or prior to the Effective Time of the following conditions, any or all of which may be waived, in whole or in part, to the extent permitted by applicable Law:

  • OBLIGATIONS OF LESSEE The Lessee shall be primarily responsible whenever needed for the maintenance and general pickup of the entranceway leading into the Premises, so that this is kept in a neat, safe and presentable condition. The Lessee shall also be responsible for all minor repairs and maintenance of the leasehold Premises, particularly those items which need immediate attention and which the Lessees, or their employees, can do and perform on their own, including but not limited to, the replacement of light bulbs, as well as the normal repair and cleaning of windows, cleaning and clearing of toilets, etc., and the Lessee shall properly maintain the Premises in a good, safe, and clean condition. The Lessee shall properly and promptly remove all rubbish and hazardous wastes and see that the same are properly disposed of according to all local, state or federal laws, rules regulations or ordinances. In the event the structure of the Premises is damaged as a result of any neglect or negligence of Lessee, their employees, agents, business invitees, or any independent contractors serving the Lessee or in any way as a result of Lessee’s use and occupancy of the Premises, then the Lessee shall be primarily responsible for seeing that the proper claims are placed with the Lessee’s insurance company, or the damaging party's insurance company, and shall furthermore be responsible for seeing that the building is safeguarded with respect to said damage and that all proper notices with respect to said damage, are made in a timely fashion, including notice to the Lessor, and the party or parties causing said damage. Any damage that is not covered by an insurance company will be the liability of the Lessee. The Lessee shall, during the term of this Lease, and in the renewal thereof, at its sole expense, keep the interior of the Premises in as good a condition and repair as it is at the date of this Lease, reasonable wear and use excepted. This obligation would include the obligation to replace any plate glass damaged as a result of the neglect or acts of Lessee or her guests or invitees. Furthermore, the Lessee shall not knowingly commit nor permit to be committed any act or thing contrary to the rules and regulations prescribed from time to time by any federal, state or local authorities and shall expressly not be allowed to keep or maintain any hazardous waste materials or contaminates on the Premises. Lessee shall also be responsible for the cost, if any, which would be incurred to bring her contemplated operation and business activity into compliance with any law or regulation of a federal, state or local authority.

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