Common use of Tenant Liability Clause in Contracts

Tenant Liability. If two or more individuals, corporations, partnerships or other persons (or any combination of two or more thereof) shall sign this Lease as Tenant, the liability of each such individual, corporation, partnership or other persons to pay the rent and perform all other obligations hereunder shall be deemed to be joint and several.

Appears in 7 contracts

Sources: Deed of Lease, Shopping Center Lease (Carroll Bancorp, Inc.), Lease (Global Defense Technology & Systems, Inc.)

Tenant Liability. If two or more individuals, corporations, partnerships or other persons (or any combination of two or more thereof) shall sign this Lease as Tenant, the liability of each such individual, corporation, partnership or other persons to pay the rent and perform all other obligations hereunder hereundcr shall be deemed to be joint and several.

Appears in 1 contract

Sources: Office Building Lease (Novastar Resources Ltd.)