Common use of Tenant Liability Clause in Contracts

Tenant Liability. In the event of any sublease or assignment, whether or not with Landlord’s consent, Tenant shall not be released or discharged from any liability, whether past, present or future, under this Lease, including any liability arising from the exercise of any renewal or expansion option, to the extent such exercise is expressly permitted by Landlord. Tenant’s liability shall remain primary, and in the event of default by any subtenant, assignee or successor of Tenant in performance or observance of any of the covenants or conditions of this Lease, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said subtenant, assignee or successor. After any assignment, Landlord shall not consent to subsequent assignments or subletting of this Lease, or amendments or modifications of this Lease with assignees of Tenant, without notifying Tenant, or any successor of Tenant, and without obtaining its or their consent thereto, provided however that such action shall not relieve Tenant or any successor of Tenant of liability under this Lease.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Simpson Manufacturing Co Inc /Ca/), Asset Purchase Agreement (Simpson Manufacturing Co Inc /Ca/)

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Tenant Liability. In the event of any sublease or assignmentTransfer, whether or not with Landlord’s consentconsent (including, without limitation, a Permitted Transfer), Tenant shall not be released or discharged from any liability, whether past, present or future, under this Lease, including any liability arising from the exercise of any renewal or expansion option, to the extent such exercise is expressly permitted by Landlord. Tenant’s liability shall remain primary, and in the event of default by any subtenant, assignee or successor of Tenant in performance or observance of any of the covenants or conditions of this Lease, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said subtenant, assignee or successor. After any assignment, Landlord shall not may consent to subsequent assignments or subletting of this LeaseTransfers, or amendments or modifications of this Lease with assignees of Tenant, without notifying Tenant, or any successor of Tenant, and without obtaining its or their consent thereto, provided however that and such action shall not relieve Tenant or any successor of Tenant of liability under this Lease.

Appears in 1 contract

Samples: Office Lease (EverCommerce Inc.)

Tenant Liability. In the event of any sublease or assignment, whether or not with Landlord’s 's consent, Tenant shall not be released or discharged from any liability, whether past, present or future, under this Lease, including any liability arising from the exercise of any renewal or expansion option, to the extent such exercise is expressly permitted by Landlord. Tenant’s 's liability shall remain primary, and in the event of default by any subtenant, assignee or successor of Tenant in performance or observance of any of the covenants or conditions of this Lease, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said subtenant, assignee or successor. After any If Landlord grants consent to such sublease or assignment, Tenant shall pay all reasonable attorneys' fees and expenses (not to exceed $1,000 in any instance) incurred by Landlord shall not consent with respect to subsequent assignments such assignment or subletting of this Leasesublease. In addition, or amendments or modifications if Tenant has any options to extend the term of this Lease with assignees of Tenantor to add other space to the Premises, without notifying Tenant, or any successor of Tenant, and without obtaining its or their consent thereto, provided however that such action options shall not relieve Tenant be available to any subtenant or any successor of Tenant of liability under this Leaseassignee (other than an Affiliate), directly or indirectly without Landlord's express written consent, which may be withheld in Landlord's sole discretion.

Appears in 1 contract

Samples: Office Lease (Northpoint Communications Group Inc)

Tenant Liability. In the event of any sublease or assignmentTransfer, whether or not with Landlord’s consentconsent (including, without limitation, a Permitted Transfer), Tenant shall not be released or discharged from any liabilityliability , whether past, present or future, under this Lease, including any liability arising from the exercise of any renewal or expansion option, to the extent such exercise is expressly permitted by Landlord. Tenant’s liability shall remain primary, and in the event of default by any subtenant, assignee or successor of Tenant in performance or observance of any of the covenants or conditions of this Lease, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said subtenant, assignee or successor. After any assignment, Landlord shall not may consent to subsequent assignments or subletting of this LeaseTransfers, or amendments or modifications of this Lease with assignees of Tenant, without notifying Tenant, or any successor of Tenant, and without obtaining its or their consent thereto, provided however that and such action shall not relieve Tenant or any successor of Tenant of liability under this Lease.. 13.7

Appears in 1 contract

Samples: Office Lease (CF Finance Acquisition Corp. III)

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Tenant Liability. In the event of any sublease or assignment, whether or not with Landlord’s consent, Tenant shall not be released or discharged from any liability, whether past, present or future, future under this Lease, including any liability arising from the exercise of any renewal or expansion option, to the extent such exercise is expressly permitted by Landlord. Tenant’s liability shall remain primary, and in the event of default by any subtenant, assignee or successor of Tenant in performance or observance of any of the covenants or conditions of this Lease, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against said subtenant, assignee or successor. After In addition, if Tenant has any assignment, Landlord shall not consent options to subsequent assignments or subletting of this Lease, or amendments or modifications extend the term of this Lease with assignees of Tenantor to add other space to the Premises, without notifying Tenant, or any successor of Tenant, and without obtaining its or their consent thereto, provided however that such action options shall not relieve Tenant be available to any subtenant or any successor of Tenant of liability under this Leaseassignee, directly or indirectly without Landlord’s express written consent which may be withheld in Landlord’s sole discretion, unless such sublease or assignment is to an Affiliate as described in Section 10.01(e) above.

Appears in 1 contract

Samples: Office Lease Agreement (E2open Inc)

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