Tenant to Remain Liable. Notwithstanding any assignment or subletting, Tenant and any guarantor of Tenant's obligations under this Lease shall at all times remain fully responsible and liable for the payment of all Rent under this Lease and for compliance with all of Tenant's other obligations under this Lease.
Tenant to Remain Liable. If at any time during the term of this Lease Tenant sublets all or any part of the Premises or assigns its interest in this Lease as provided herein, Tenant shall nevertheless remain fully liable under all the terms and conditions of this Lease.
Tenant to Remain Liable. No expiration or termination of this Lease pursuant to Section 15.02, by operation of law or otherwise, and no repossession of the premises or any part thereof pursuant to Section 15.03 or otherwise, and no re-letting of the Premises or any part thereof pursuant to Section 15.04, shall relieve Tenant of its liabilities and obligations hereunder, all of which shall survive such expiration, termination, repossession or re-letting.
Tenant to Remain Liable. In no event shall any Transfer (whether or not approved by Landlord or permitted hereunder) release or relieve Tenant from its obligations to fully observe or perform all of the terms, covenants and conditions of this Lease on its part to be observed or performed (including liability arising during any renewal term of this Lease or with respect to any expansion space included in the Premises). It is agreed that the liabilities and obligations of Tenant hereunder are enforceable either before, simultaneously with or after proceeding against any assignee, sublessee, licensee, sublicensee or other transferee of Tenant.
Tenant to Remain Liable. In the event of any assignment, transfer or sublease by Tenant, Tenant shall remain liable for the full performance of each and every covenant and condition hereunder. d.
Tenant to Remain Liable. No expiration or termination of this Lease pursuant to Section 20.1, by operation of law or otherwise, and no repossession of the Premises or any part thereof pursuant to Section 20.2 or otherwise, and no reletting of the Premises or any part thereof pursuant to Section 20.3, shall relieve Tenant of its liabilities and obligations hereunder, all of which shall survive such expiration, termination, repossession or reletting.
Tenant to Remain Liable. If, at any time during the term of this Lease, Tenant sublets all or any part of the Premises or assigns this Lease as provided herein, Tenant shall nevertheless remain fully liable under all the terms and conditions of this Lease; provided, however, that if such assignee: (a) has a net worth equal to or greater than the Required Net Worth (as hereinafter defined); (b) has a relatively stable upward trend in its annual gross sales during the lesser of (i) its last five (5) fiscal years, or the number of fiscal years such assignee has been open and operating, regardless of any downward fluctuations in any individual fiscal year or years; (c) shall not have had instituted, by or against it, proceedings under the Bankruptcy Code during the lesser of the last ten (10) years, or the number of years such assignee has been open and operating; and (d) has a debt-to- equity ratio of no more than fifty percent (50%); then, such event, Tenant shall be released from any further liability hereunder from and after the effective date of such assignment.
Tenant to Remain Liable. In no event shall any Transfer (whether or not permitted hereunder) release or relieve Tenant from its obligations to fully observe or perform all of the terms, covenants and conditions of this Lease on its part to be observed or performed.
Tenant to Remain Liable. If the Landlord does consent to an assignment or subletting by the Tenant of the Leased Premises or any part thereof, the Tenant shall remain liable for the payment of all rent hereunder and for the performance of all of the provisions of this Lease on its part to be performed.
Tenant to Remain Liable. If, at any time during the term of this lease, Tenant sublets all or any part of the Premises or assigns this Lease as provided herein, Tenant shall nevertheless remain fully liable under all the terms and conditions of this lease.
