Common use of Rights of Landlord Clause in Contracts

Rights of Landlord. Without diminishing, releasing or discharging Guarantor's obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's sole discretion: Landlord may change, alter, cancel, renew, extend, decrease or increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount under this guaranty). Landlord may add other guarantors or procure additional guarantees, release other guarantors or guarantees and apply monies or properties received from Tenant upon debts regardless of whether the same may be guaranteed hereby, otherwise secured, barred by statutes of limitation or discharged other than by payment. Landlord may exercise rights hereunder in the event of Tenant's insolvency, bankruptcy, receivership or assignment for benefit of creditors, in which event all of Tenant's liabilities and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's assets. Landlord may deal with Tenant, Guarantor and any other person liable on the indebtedness, obligation or liabilities to Landlord as Landlord deems advisable.

Appears in 2 contracts

Samples: Office Lease Agreement (Bsquare Corp /Wa), Office Lease Agreement (Bsquare Corp /Wa)

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Rights of Landlord. Without diminishing, releasing or discharging Guarantor's obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's sole discretion: Landlord may change, alter, cancel, renew, extend, decrease or decrease, increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount under this guaranty)Landlord. Landlord may add other guarantors or procure additional guarantees, release other guarantors Guarantors or guarantees and apply monies or properties received receive from Tenant upon debts regardless of whether where the same may be guaranteed herebyherby , otherwise secured, barred by statutes of limitation or discharged other than by payment. Landlord may exercise rights hereunder in the event of Tenant's insolvencyTenants insolvency , bankruptcy, receivership or assignment for benefit of creditors, in which event even all of Tenant's Tenants liabilities and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's assets. Landlord may deal with TenantXxxxxx, Guarantor and any other person liable on the indebtedness, obligation or liabilities to Landlord as Landlord deems advisable. Upon default by Tenant on any of its obligations to Landlord per lease agreement or by law, then at Landlord discretion, without notice or demand upon Guarantor and without exercising any other right or remedy Landlord May have, Landlord may proceed directly against guarantor or any other guarantor to enforce Xxxxxxxx's rights hereunder. Without releasing of or affecting Guarantor's rights hereunder, Landlord may enforce any rights it may have against any person and properties liable.

Appears in 1 contract

Samples: Guarantee Agreement for Lease

Rights of Landlord. Without diminishing, releasing or discharging Guarantor's ’s obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's ’s sole discretion: Landlord may agree with Tenant to change, alter, cancel, renew, extend, decrease or increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount under this guaranty). Landlord; Landlord may add other guarantors or procure additional guarantees, release other guarantors or guarantees and apply monies or properties received from Tenant upon debts regardless of whether the same may be guaranteed hereby, otherwise secured, barred by statutes of limitation or discharged other than by payment. ; Landlord may exercise rights hereunder in the event of Tenant's ’s insolvency, bankruptcy, receivership or assignment for benefit of creditors, in which event all of Tenant's liabilities ; and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's assets. Landlord may deal with Tenant, Guarantor and any other person persons liable on the indebtedness, obligation obligations or liabilities to Landlord as Landlord deems advisable.

Appears in 1 contract

Samples: Lease Agreement (Forevergreen Worldwide Corp)

Rights of Landlord. Without diminishing, releasing or discharging Guarantor's ’s obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's ’s sole discretion: Landlord may change, alter, cancel, renew, extend, decrease or of increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount under this guaranty)Landlord. Landlord may add other guarantors or guarantees or procure additional guarantees, release other guarantors or guarantees and apply monies or properties received from Tenant upon debts regardless of whether the same may be guaranteed hereby, otherwise secured, barred by statutes of limitation or discharged other than by payment. Landlord may exercise rights hereunder in the event of Tenant's ’s insolvency, bankruptcy, receivership or assignment for benefit of creditors, in which event all of Tenant's ’s liabilities and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's ’s assets. Landlord may deal with Tenant, Guarantor and any other person liable on the indebtedness, obligation obligations or liabilities to Landlord as Landlord deems advisable.

Appears in 1 contract

Samples: www.orcainfo-com.com

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Rights of Landlord. Without diminishing, releasing or discharging Guarantor's obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's sole discretion: Landlord may change, alter, cancel, renew, extend, decrease or decrease, increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount under this guaranty)Landlord. Landlord may add other guarantors or procure additional guarantees, release other guarantors Guarantors or guarantees and apply monies or properties received receive from Tenant upon debts regardless of whether where the same may be guaranteed herebyherby , otherwise secured, barred by statutes of limitation or discharged other than by payment. Landlord may exercise rights hereunder in the event of Tenant's insolvencyTenants insolvency , bankruptcy, receivership or assignment for benefit of creditors, in which event even all of Tenant's Tenants liabilities and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's assets. Landlord may deal with Tenant, Guarantor and any other person liable on the indebtedness, obligation or liabilities to Landlord as Landlord deems advisable. Upon default by Tenant on any of its obligations to Landlord per lease agreement or by law, then at Landlord discretion, without notice or demand upon Guarantor and without exercising any other right or remedy Landlord May have, Landlord may proceed directly against guarantor or any other guarantor to enforce Landlord's rights hereunder. Without releasing of or affecting Guarantor's rights hereunder, Landlord may enforce any rights it may have against any person and properties liable.

Appears in 1 contract

Samples: Guarantee Agreement for Lease

Rights of Landlord. Without diminishing, releasing or discharging Guarantor's obligations hereunder, Landlord shall have the right to exercise the following powers and rights in Landlord's sole discretion: Landlord may change, alter, cancel, renew, extend, decrease or increase the obligations of Tenant to Landlord (increases in the obligation of the Tenant to Landlord will not increase the Limit Amount $125,000 maximum limitation under this guaranty). Landlord may add other guarantors or procure additional guarantees, release other guarantors or guarantees and apply monies or properties received from Tenant upon debts regardless of whether the same may be guaranteed hereby, otherwise secured, barred by statutes of limitation or discharged other than by payment. Landlord may exercise rights hereunder in the event of Tenant's insolvency, bankruptcy, receivership or assignment for benefit of creditors, in which event all of Tenant's liabilities and indemnities to Landlord shall be satisfied in full before Guarantor shall be entitled to participation in the distribution of Tenant's assets. Landlord may deal with Tenant, Guarantor and any other person liable on the indebtedness, obligation or liabilities to Landlord as Landlord deems advisable.

Appears in 1 contract

Samples: Office Lease Agreement (Bsquare Corp /Wa)

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