Tenant's Continuing Liability Sample Clauses

The Tenant's Continuing Liability clause establishes that a tenant remains responsible for certain obligations under the lease even after vacating the premises or transferring the lease to another party. In practice, this means that if the tenant assigns the lease or sublets the property, they may still be liable for unpaid rent, damages, or breaches of lease terms by the new occupant. This clause ensures that the landlord retains a reliable party to pursue for any defaults, thereby reducing the risk of non-payment or unaddressed damages after a change in tenancy.
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Tenant's Continuing Liability. Regardless of Landlord's consent, no subletting or assignment shall alter the primary liability of Tenant to pay the Rent or release Tenant of Tenant's obligation to perform all other obligations to be performed by Tenant hereunder unless Landlord's written consent shall so specifically provide, and Landlord under no circumstances shall be obligated to release Tenant from any such liability. The acceptance of rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof.
Tenant's Continuing Liability. Tenant shall be liable to Landlord for any default under the Lease, whether such default is caused by Tenant or Subtenant or anyone claiming by or through either Tenant or Subtenant, but the foregoing shall not be deemed to restrict or diminish any right which Landlord may have against Subtenant pursuant to the Lease, in law or in equity for violation of the Lease or otherwise, including, without limitation, the right to enjoin or otherwise restrain any violation of the Lease by Subtenant.
Tenant's Continuing Liability. Tenant will remain liable for the performance of this Lease regardless of any assignment, sublease, or license with or without the consent of Landlord.
Tenant's Continuing Liability. Tenant shall be liable to Landlord for any default under the Lease, whether such default is caused by Tenant or Sublessee or anyone claiming by or through either Tenant or Sublessee, but the foregoing shall not be deemed to restrict or diminish any right which Landlord may have against Sublessee pursuant to the Lease, in law or in equity for violation of the Lease or otherwise, including, without limitation, the right to enjoin or otherwise restrain any violation of the Lease by Sublessee.
Tenant's Continuing Liability. Landlord may require as a condition of any transfer under this Article that Tenant remain liable to Landlord under the terms of this Lease should any assignee or subtenant or other transferee under this Article default in the performance of any of the terms and conditions of this Lease, including but not limited to Tenant’s primary liability to pay the Rent and Additional Rent, and to perform all other obligations under this Lease.
Tenant's Continuing Liability. EXCEPT AS OTHERWISE PROVIDED HEREIN, NO TRANSFER SHALL BE EFFECTIVE UNLESS APPROVED IN WRITING BY LANDLORD. LANDLORD'S CONSENT TO A TRANSFER SHALL NOT RELEASE TENANT OF TENANT'S OBLIGATIONS UNDER THIS LEASE AND THIS LEASE AND ALL OF THE OBLIGATIONS OF TENANT UNDER THIS LEASE SHALL CONTINUE IN FULL FORCE AND EFFECT AS THE OBLIGATIONS OF A PRINCIPAL (AND NOT AS THE OBLIGATIONS OF A GUARANTOR OR SURETY). FROM AND AFTER ANY TRANSFER, THE LEASE OBLIGATIONS OF THE TRANSFEREE AND OF THE ORIGINAL TENANT NAMED IN THIS LEASE SHALL BE JOINT AND SEVERAL. NO ACCEPTANCE OF RENT BY LANDLORD FROM OR RECOGNITION IN ANY WAY OF THE OCCUPANCY OF THE PREMISES BY A TRANSFEREE SHALL BE DEEMED A CONSENT TO SUCH TRANSFER, OR A RELEASE OF TENANT FROM DIRECT AND PRIMARY LIABILITY FOR THE FURTHER PERFORMANCE OF TENANT'S COVENANTS HEREUNDER. THE CONSENT BY LANDLORD TO A PARTICULAR TRANSFER SHALL NOT RELIEVE TENANT FROM THE REQUIREMENT OF OBTAINING THE CONSENT OF LANDLORD TO ANY FURTHER TRANSFER. EACH VIOLATION OF ANY OF THE COVENANTS, AGREEMENTS, TERMS OR CONDITIONS OF THIS LEASE, WHETHER BY ACT OR OMISSION, BY ANY OF TENANT'S PERMITTED TRANSFEREES, SHALL CONSTITUTE A VIOLATION THEREOF BY TENANT. IN THE EVENT OF DEFAULT BY ANY TRANSFEREE OF TENANT OR ANY SUCCESSOR OF TENANT IN THE PERFORMANCE OF ANY OF THE TERMS HEREOF, LANDLORD MAY PROCEED DIRECTLY AGAINST TENANT WITHOUT THE NECESSITY OF EXHAUSTING REMEDIES AGAINST SUCH TRANSFEREE OR SUCCESSOR.
Tenant's Continuing Liability. Tenant shall be liable to Owner for any default under the Lease, whether such default is caused by Tenant or Sublessee or anyone claiming by or through either Tenant or Sublessee, but the foregoing shall not be deemed to restrict or diminish any right which Owner may have against Sublessee pursuant to the Lease, in law or in equity for violation of the Lease by Sublessee.
Tenant's Continuing Liability. The joint and several liability of Tenant and any immediate or remote successor in interest of Tenant and the due performance of the obligations of this lease on Tenant's part to be performed or observed shall not be discharged, released or impaired in any respect by any agreement or stipulation made by Landlord extending the time of, or modifying any of the obligations of, this lease, or by any waiver or failure of Landlord to enforce any of the obligations of this lease.

Related to Tenant's Continuing Liability

  • Continuing Liability The termination of this Agreement for any reason shall not release either Party from any liability, obligation or agreement which has already accrued at the time of termination. Termination of this Agreement for any reason shall not constitute a waiver or release of, or otherwise be deemed to prejudice or adversely affect, any rights, remedies or claims, whether for damages or otherwise, which a Party may have hereunder, at law or otherwise, or which may arise out of or in connection with such termination.

  • Construction Contingency The proposed GMP Change Order shall include, as a separately identified item, a Construction Contingency sum in an initial amount (subject to increase or decrease) against which Design-Builder can draw at its election for the purposes set forth in Section 4 Part 4. The initial Construction Contingency sum shall include the contingency amounts stated in all accepted Component Change Orders.