Common use of Waiver of Exemption from Distress Clause in Contracts

Waiver of Exemption from Distress. The Tenant agrees that notwithstanding anything contained in Section 30 of the Landlord and Tenant Act (Ontario) or any statute or provision subsequently passed to take the place of or amend the Act, none of the goods and chattels of the Tenant which are on, or have at any time been on, the Leased Premises will be exempt from levy by distress for Rent in arrears by the Tenant.

Appears in 2 contracts

Samples: Office Lease (Adexa Inc), Office Lease (Adexa Inc)

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Waiver of Exemption from Distress. The Tenant agrees that notwithstanding anything contained in Section 30 of the Landlord and Tenant Act (Ontario) ), or any statute or provision subsequently passed to take the place of or amend the Act, none of the goods and chattels of the Tenant which are on, on or have at any time been on, on the Leased Premises will be exempt from levy by distress for Basic Rent or Additional Rent in arrears by the Tenant.

Appears in 1 contract

Samples: Industrial Lease (Iron Age Corp)

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Waiver of Exemption from Distress. The Tenant hereby agrees that notwithstanding anything contained in Section 30 of the Landlord and Tenant Act (Ontario) or any statute or provision subsequently passed to take the place of or amend the Act, none of the goods and chattels of the Tenant which are on, on or have at any time been on, on the Leased Premises will be exempt from levy by distress for Rent in arrears by the Tenant. All the Tenant's personal property on the Leased Premises shall at all times be the unencumbered property of the Tenant.

Appears in 1 contract

Samples: Lease Agreement (Chalk Media Corp)

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