Common use of Waiver of Rights of Redemption Clause in Contracts

Waiver of Rights of Redemption. Tenant waives all rights of redemption which may otherwise be provided by any Legal Requirement in the event that Landlord shall, because of the occurrence of an Event of Default by Tenant, obtain possession of the Premises under legal proceedings, or pursuant to present or future law or to the terms and conditions of this Lease.

Appears in 4 contracts

Samples: Office Lease (Star Telecommunications Inc), Office Lease (Ibasis Inc), Office Lease (Universal Access Inc)

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Waiver of Rights of Redemption. Tenant waives any and all rights of redemption which may otherwise be provided by granted under any Legal Requirement present and future laws in the event that Landlord shall, because of obtains the occurrence of an Event of Default by Tenant, obtain right to possession of the Premises under legal proceedings, or pursuant to present or future law or to by reason of the terms violation by Tenant of any of the covenants and conditions of this LeaseLease or otherwise.

Appears in 2 contracts

Samples: Silicon Entertainment Inc /Ca/, Silicon Entertainment Inc /Ca/

Waiver of Rights of Redemption. Tenant waives any and all rights of redemption which may otherwise be provided by granted under any Legal Requirement present and future laws, statutes, ordinances, rules and regulations in the event that Landlord shall, because of obtains the occurrence of an Event of Default by Tenant, obtain right to possession of the Premises under legal proceedingsby reason of the violation by Tenant of any of the terms, or pursuant to present or future law or to the terms covenants and conditions of this LeaseLease or otherwise.

Appears in 2 contracts

Samples: Lease Agreement (Cherokee International Corp), Lease Agreement (Flashcom Inc)

Waiver of Rights of Redemption. To the extent permitted by law, Tenant waives any and all rights of redemption which may otherwise be provided granted by or under any Legal Requirement in the event that present or future laws if Tenant is evicted or dispossessed for any cause, or if Landlord shall, because of the occurrence of an Event of Default by Tenant, obtain obtains possession of the Premises under legal proceedings, or pursuant due to present or future law or to the terms and conditions Tenant's default hereunder of this Leaseotherwise.

Appears in 2 contracts

Samples: Office Lease, Agreement (Neomedia Technologies Inc)

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Waiver of Rights of Redemption. Tenant waives any and all rights of redemption which may otherwise be provided by granted under any Legal Requirement present and future laws in the event that Landlord shall, because of obtains the occurrence of an Event of Default by Tenant, obtain right to possession of the Premises under legal proceedings, or pursuant to present or future law or to by reason of the terms violation by Tenant of any of the covenants and conditions of this Lease.Lease or otherwise. 27.14

Appears in 1 contract

Samples: Retail Space Lease (Chicago Pizza & Brewery Inc)

Waiver of Rights of Redemption. Tenant hereby expressly waives any and all rights of redemption which may otherwise be provided granted by or under any Legal Requirement present or future laws in the event that Landlord shallof Tenant being evicted or disposed for any cause, because or in the event of the occurrence of an Event of Default by Tenant, obtain Lessor obtaining possession of the Premises under legal proceedingsleased premises, by reason of the violation by Tenant of any of the covenants or pursuant to present or future law or to the terms and conditions of this Leaselease, or otherwise.

Appears in 1 contract

Samples: Agreement of Lease (Newco Alaska Inc)

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