[SURETY COVENANTS Sample Clauses
The Surety Covenants clause sets out the specific promises and obligations that a surety undertakes in a contract, typically in the context of guaranteeing the performance or obligations of another party, such as a contractor. This clause may require the surety to ensure timely completion of work, cover losses if the principal defaults, or fulfill other contractual duties if the primary party fails to do so. By clearly outlining the surety's responsibilities, the clause provides assurance to the obligee that contractual obligations will be met, thereby mitigating the risk of non-performance or default.
[SURETY COVENANTS. The Surety covenants with the Landlord as a direct and primary obligation in the terms set out in Schedule 4]
[SURETY COVENANTS. In consideration of this demise made at the request of the Surety the Surety covenants with the Landlord -
6.1 That the Tenant shall pay the rent hereby reserved and/or as subsequently increased and observe and perform the covenants and conditions herein contained throughout the Term (and also during any continuation thereof pursuant to the Landlord and Tenant Act 1954) as well before as after any disclaimer of this Lease by any liquidator or trustee in bankruptcy and that although as between the Tenant and the Surety the Surety may only be a surety for the Tenant as between the Surety and the Landlord the Surety is a principal debtor or covenantor for all obligations herein contained and is jointly and severally liable with the Tenant for the same and shall not be released by time or indulgence being given to or any arrangement or alteration of terms being made with the Tenant or any other person or by any variation of the terms of this Lease to which it consents and is a party to or any review of the rent or by any release or dealing by the Landlord or by any act omission or thing whatsoever whereby the Surety as a surety only might have been released and
6.2 That if the Tenant (not being a Company) shall become bankrupt or (being a Company) shall enter into liquidation and the trustee in bankruptcy or the liquidator shall disclaim this Lease or if this Lease shall be forfeited or if the Tenant shall cease to exist and if the Landlord shall within three months after such disclaimer or other event by notice in writing require the Surety to accept a lease of the Premises for a term commensurate with the residue of the term remaining unexpired at the date of such disclaimer or other event on the same terms as this Lease (such lease to take effect from the date of the said disclaimer or other event) the Surety shall accept such lease and execute a counterpart thereof and pay the Landlord’s costs of and incidental thereto
6.3 That if the Landlord shall not require the Surety to take a lease of the Premises pursuant to the preceding sub-clause of this clause the Surety shall nevertheless on demand pay to the Landlord a sum equal to the rent which would have been payable hereunder but for the disclaimer or other event in respect of the period from the date of the said disclaimer or other event until the expiration of three (3) months therefrom or until the Premises shall have been relet by the Landlord whichever shall first occur
6.4 That the Landlord shall be ...
[SURETY COVENANTS. The First Schedule - Rights and Easements The Second Schedule - Reservations The Third Schedule - The Services The Fourth Schedule - Rent Review THIS LEASE made the 27th day of July 2000 BETWEEN THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON of Guildhall London EC2P 2EJ (hereinafter called 'the Lessors' which expression shall where the context so requires or admits include the estate owner or estate owners for the time being of the reversion expectant on determination of the term hereby granted) of the first part DIGITAS (EUROPE) INC (Company Registration No. F2021441) whose address for service in England is at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ London WC1 (hereinafter called 'the Lessee' which expression shall where the context so requires or admits include the persons deriving title under or through the Lessee) of the second part and DIGITAS INC whose address for service in England is at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ London WC1 (hereinafter called "the Surety") of the third part WITNESSETH as follows:-
[SURETY COVENANTS. 8.1 The Surety in consideration of the demise hereinbefore contained being made by the Landlord at the request of the Surety herein covenants with and guarantees to the Landlord as more particularly specified in the Fourth Schedule
8.2 The consent of the Surety shall not be required to the assignment by the Landlord or its successors in title of the benefit of the covenants and guarantees on the part of the Surety herein contained
[SURETY COVENANTS. The Surety HEREBY COVENANTS with the Landlord in the terms set out in the Fourth Schedule hereto.
[SURETY COVENANTS. FIRST SCHEDULE The Demised Premise SECOND SCHEDULE Easements and other rights granted THIRD SCHEDULE Exceptions and Reservations FOURTH SCHEDULE Particulars of Landlord's services FIFTH SCHEDULE Deeds & Documents affecting the Demised Premises SIXTH SCHEDULE Surety Covenants THIS LEASE is made on March 28, 2001 BETWEEN:
[SURETY COVENANTS. [The Surety covenants with Homes England as a direct and primary obligation in the terms set out in Schedule 11.] [Not Used]27
[SURETY COVENANTS. 39 10. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999................................................ 39 11.
[SURETY COVENANTS