Common use of Waiver of Exemption from Distress Clause in Contracts

Waiver of Exemption from Distress. Despite anything contained in Section 30 of the Commercial Tenancies Act of Ontario or any Law passed to take its place or amend it, none of the goods and chattels of the Tenant at any time during the term, on the Leased Premises, will be exempt from levy by distress for Rent in arrears and if any claim is made for such an exemption by the Tenant, or if distress is made by the Landlord, this Section may be pleaded as an estoppel against the Tenant in any action brought to test the right of the levying upon any of those goods which are named as exempted in any Sections of that Act or any amendments of it. The Tenant waives the rights which it has or which it might have or which it might have had under and sections of that Act, or any amendments of it, were it not for this provision.

Appears in 2 contracts

Samples: Industrial Lease (Above Food Ingredients Inc.), Industrial Lease (Above Food Ingredients Inc.)

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Waiver of Exemption from Distress. Despite anything contained in Section 30 of the Commercial Tenancies Act of Ontario or any Law passed to take its place or amend itLaw, none of the goods and chattels of the Tenant at any time during the term, on the Leased Premises, will be exempt from levy by distress for Rent in arrears and if any claim is made for such an exemption by the Tenant, or if distress is made by the Landlord, this Section may be pleaded as an estoppel against the Tenant in any action brought to test the right of the levying upon any of those goods which are named as exempted in any Sections of that Act or any amendments of it. The Tenant waives the rights which it has or which it might have or which it might have had under and sections of that Act, or any amendments of it, were it not for this provision.

Appears in 1 contract

Samples: Industrial Lease (Dirtt Environmental Solutions LTD)

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Waiver of Exemption from Distress. Despite anything contained in Section 30 of the Commercial Tenancies The Landlord and Tenant Act of Ontario or any Law Statute passed to take its place or amend it, none of the goods and chattels of the Tenant at any time during the termTerm, on the Leased Premises, will be exempt from levy by distress for Rent in arrears and if any claim is made for such an exemption by the Tenant, or if distress for Rent in arrears and if any claim is made for such an exemption by the Tenant, or if distress is made by the Landlord, this Section may be pleaded as an estoppel against the Tenant in any action brought to test the right of the levying upon any of those goods which are named as exempted in any Sections of that Act or Actor any amendments of it. The Tenant waives the rights which it has or which it might have or which it might have had under and sections any Section of that Act, or any amendments of it, were where it not for this provision.

Appears in 1 contract

Samples: Lease (Astris Energi Inc)

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