Common use of Payables Clause in Contracts

Payables. Lessee acknowledges and agrees that prior to the Rent Commencement Date, certain liabilities and other obligations were incurred arising from the development, construction and operation of the Facility for which Lessee is and shall remain entirely responsible and liable, and Lessor shall have no responsibility, liability or obligation whatsoever with respect to the same. Therefore, Lessee agrees as part of this Lease to pay all liabilities and obligations concerning the Facility, whether arising before or after the Rent Commencement Date.

Appears in 3 contracts

Samples: Lease Agreement (LTC Healthcare Inc), Lease (LTC Healthcare Inc), Lease Amendment (Assisted Living Concepts Inc)

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Payables. Lessee acknowledges and agrees that prior to the Rent Commencement Date, certain liabilities and other obligations were incurred arising from the development, construction and operation of the Facility Facilities for which Lessee is and shall remain entirely responsible and liable, and Lessor shall have no responsibility, liability or obligation whatsoever with respect to the same. Therefore, Lessee agrees as part of this Lease to pay all liabilities and obligations concerning the each Facility, whether arising before or after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease Agreement (LTC Healthcare Inc)

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