Head Lessor definition
Examples of Head Lessor in a sentence
Not to do or permit or suffer to be done anything whereby any policy or policies of insurance of the Landlord and the Head Lessor on the Premises against loss or damage by fire for the time being subsisting may become void or voidable or whereby the rate of premium thereon may be increased.
In the event that (whether with or without the Landlord’s and the Head Lessofs consent) damage or injury shall be caused, the Tenant shall indemnify and keep indemnified the Landlord and the Head Lessor against all claims and demands in respect thereof and the Tenant shall pay for all costs, expenses and compensation arising from such injury or damage or in repairing any damage caused to the Demised Premises or its appurtenances.
The Tenant shall make good all damage suffered by the Landlord and the Head Lessor as a result of such policies becoming void or voidable due to the Tenant’s breach or non-observance of this covenant and shall repay all sums paid by the Landlord and the Head Lessor resulting from any increase in premiums and all expenses incurred by the Landlord and the Head Lessor in the event that renewal of such policy or policies is rendered necessary by a breach or non-observance of this covenant.
Not to expose the Landlord and the Head Lessor to any penalty fine or forfeiture whatsoever by committing or permitting any person to commit a breach of any law statute rules or regulations affecting the Premises or any part thereof.