Common use of Tenant’s Obligations Continue Clause in Contracts

Tenant’s Obligations Continue. No sublease or assignment shall affect or reduce any obligation of Tenant or right of Landlord hereunder, and all obligations of Tenant hereunder shall continue in full effect as the obligations of a principal and not of a guarantor or surety, as though no subletting or assignment had been made. For the purposes of this Lease generally and subparagraphs (a)(iii), (iv) and (v) of Article 23 hereof in particular, the term “Tenant” shall mean Bank of America, N.A., and not its subtenants and assignees.

Appears in 2 contracts

Samples: Lease Agreement (Gramercy Capital Corp), Lease Agreement (Gramercy Capital Corp)

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Tenant’s Obligations Continue. No sublease or assignment shall affect or reduce any obligation of Tenant or right of Landlord hereunder, and all obligations of Tenant hereunder shall continue in full effect as the obligations of a principal and not of a guarantor or surety, as though no subletting or assignment had been made. For the purposes of this Lease generally and subparagraphs (a)(iii), (iv) and (v) of Article 23 hereof in particular, the term “Tenant” shall mean Bank of AmericaWachovia Bank, N.A.National Association, and not its subtenants and assignees.

Appears in 1 contract

Samples: Lease Agreement (Gramercy Capital Corp)

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Tenant’s Obligations Continue. No sublease or assignment shall affect or reduce any obligation of Tenant or right of Landlord hereunder, and all obligations of Tenant hereunder shall continue in full effect as the obligations of a principal and not of a guarantor or surety, as though no subletting or assignment had been made. For the purposes of this Lease generally and subparagraphs (a)(iii), (iv) and (v) of Article 23 hereof in particular, the term “Tenant” shall mean Bank of AmericaWachovia Bank, N.A.National Association, and not its subtenants and assignees.. PID #_______________

Appears in 1 contract

Samples: Lease Agreement (Gramercy Capital Corp)

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