Common use of Absolute Net Lease Clause in Contracts

Absolute Net Lease. This Lease shall be deemed and construed to be a bond lease, absolutely net to Landlord, and Tenant shall pay to Landlord, absolutely net throughout the Term, the Rent, free of any charges, assessments, impositions or deductions of any kind and without abatement, deduction or set-off whatsoever. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the present contemplation of the parties, shall Landlord be expected or required to make any payment of any kind whatsoever or be under any other express or implied obligation or liability hereunder, except as herein otherwise expressly set forth in Section 3.5 or otherwise in this Lease and Tenant hereby waives all Applicable Laws and Requirements to the contrary. Tenant shall pay (or shall cause the Operating Subtenants to pay) all costs, expenses and charges of every kind and nature relating to the Premises from and after the Commencement Date, including, without limitation, all taxes, costs of improvements, maintenance, repairs, alterations, additions, replacements, condominium association assessments and other condominium association charges, and insurance and other Impositions, and all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges under any Superior Lease, which may arise or become due or payable prior to, during or after (but attributable to a period falling within) the Term. Unless otherwise expressly provided in this Lease, Tenant’s obligation to pay Rent hereunder shall not terminate prior to the actual date contemplated by Landlord and Tenant and specifically set forth in Article A, Section 2(c) for the expiration of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises or any part thereof, any Taking of the Premises or any part thereof or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention of Tenant’s or any Subtenant’s use, occupancy or enjoyment of the Premises or any part thereof, or any interference with such use, occupancy or enjoyment by any person or for any reason, any matter affecting title to the Premises, any eviction by paramount title or otherwise, any default by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part of the Premises (unless this Lease shall be terminated by a writing signed by all Persons, including any Mortgagee, having an interest in the Premises), any breach of warranty or misrepresentation, or any other cause whether similar or dissimilar to the foregoing and whether or not Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend that the obligations of Tenant under this Lease shall be separate and independent covenants and agreements and shall continue unaffected unless such obligations have been modified or terminated pursuant to an express provision of this Lease, as may be amended from time to time.

Appears in 1 contract

Samples: Master Lease (Griffin-American Healthcare REIT IV, Inc.)

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Absolute Net Lease. It is intended that the Annual Rent shall be an absolutely net return to Landlord throughout the Term of this Lease, free of any expense, charge, or other deduction whatsoever with respect to the Premises or Landlord’s interest therein, or the ownership, leasing, operation, management, maintenance, repair, use or occupation thereof. This Lease is an “absolute lease” and Tenant’s obligations arising or accruing during the Term to pay all Annual Rent, additional rent and all other payments hereunder required to be made by Tenant shall be deemed absolute and construed to be a bond lease, absolutely net to Landlord, unconditional and Tenant shall pay to Landlordall such amounts without notice, absolutely net throughout the Termdemand, the Rentcounterclaim, set-off, deduction or defense and without abatement, suspension, deferment, diminution or reduction (except as otherwise expressly provided in this Lease), free of from any charges, assessments, impositions impositions, expenses or deductions of any and every kind and without abatement, deduction or set-off nature whatsoever. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the present contemplation of the parties, shall Landlord be expected or required to make any payment of any kind whatsoever or be under any other express or implied obligation or liability hereunder, except as herein otherwise expressly set forth in Section 3.5 or otherwise in this Lease and Tenant hereby waives all Applicable Laws and Requirements to the contrary. Tenant shall pay (or shall cause the Operating Subtenants to pay) all All costs, expenses and charges obligations of every kind and nature whatsoever relating to the Premises from Property and after the Commencement Dateappurtenances thereto and the use, including, without limitation, all taxes, costs of improvements, maintenance, repairs, alterations, additions, replacements, condominium association assessments maintenance and other condominium association charges, and insurance and other Impositions, and all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges under any Superior Lease, occupancy thereof which may arise or become due and payable with respect to the Term (whether or not the same shall become payable during such Term or thereafter) or for any period prior to, during or after to the expiration of the Term shall be paid by Tenant (but attributable to a period falling within) the Term. Unless except as otherwise expressly provided in this Lease). Tenant assumes the sole responsibility for the condition, use, operation, maintenance, underletting and management of the Premises, and Landlord shall have no responsibility in respect thereof and shall have no liability for damage to Tenant’s obligation to pay Rent hereunder personality or any subtenant of Tenant on any account or for any reason whatsoever. Except as otherwise expressly provided for in this Lease, this Lease shall not terminate prior terminate, nor shall Tenant have any right to the actual date contemplated by Landlord and Tenant and specifically set forth in Article Aterminate, Section 2(crescind or void this Lease or to be released or discharged from any obligations or liabilities hereunder for any reason, including, without limitation: (i) for the expiration of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises Premises; (ii) any restriction, deprivation (including eviction) or prevention of, or any part thereofinterference with, any Taking use or the occupancy of the Premises Premises; (iii) any condemnation, requisition or any part thereof other taking or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention sale of Tenant’s or any Subtenant’s the use, occupancy or enjoyment title of or to the Premises; (iv) any action, omission or breach on the part of Landlord under this Lease or under any other agreement between Landlord and Tenant; or (v) the inadequacy or failure of the description of the Premises to demise and let to Tenant the property intended to be leased hereby. Tenant will remain obligated under this Lease in accordance with its terms, and will not take any action to terminate, rescind or void this Lease as a result of any bankruptcy, insolvency, reorganization, liquidation, dissolution or other proceeding affecting Landlord or any part thereofassignee of Landlord, or any interference action with such use, occupancy or enjoyment respect to this Lease which may be taken by any person receiver, trustee or for liquidator or by any reason, any matter affecting title to the Premises, any eviction by paramount title or otherwise, any default by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part of the Premises (unless this Lease shall be terminated by a writing signed by all Persons, including any Mortgagee, having an interest in the Premises), any breach of warranty or misrepresentation, or any other cause whether similar or dissimilar to the foregoing and whether or not Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend that the obligations of Tenant under this Lease shall be separate and independent covenants and agreements and shall continue unaffected unless such obligations have been modified or terminated pursuant to an express provision of this Lease, as may be amended from time to timecourt.

Appears in 1 contract

Samples: Lease Agreement

Absolute Net Lease. This Lease shall be deemed It is the purpose and construed intent of Landlord and Tenant that the Rent hereinabove provided to be a bond lease, paid to Landlord by Tenant be absolutely net to Landlord, and Tenant Landlord so that this Lease shall pay yield net to Landlord, absolutely net throughout the Term, the Rent, free of any charges, assessments, impositions or deductions of any kind and Landlord without abatement, deduction or set-off whatsoever. Under no circumstances or conditionsdeduction therefrom the Rent as hereinabove provided, whether now existing or hereafter arising, or whether beyond to be paid during the present contemplation Term of the parties, shall Landlord be expected or required to make any payment of any kind whatsoever or be under any other express or implied obligation or liability hereunder, except as herein otherwise expressly set forth in Section 3.5 or otherwise in this Lease and Tenant hereby waives all Applicable Laws and Requirements to the contrary. Tenant shall pay (or shall cause the Operating Subtenants to pay) any extensions hereof, and, that all costs, expenses expenses, and charges impositions of every kind and or nature whatsoever relating to the Premises from and after which may become due during the Commencement Date, Term of this Lease or any extensions hereof (including, without limitation, all taxes, costs of improvements, maintenance, repairs, alterations, additions, replacements, condominium association assessments pursuant to the Covenants and other condominium association chargesAgreements) be paid by Tenant, and insurance Landlord be indemnified, defended and other Impositions, 5 saved harmless by Tenant from and against the same. Tenant hereby assumes and agrees to perform all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest duties and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges under any Superior Lease, which may arise or become due or payable prior to, during or after (but attributable to a period falling within) the Term. Unless otherwise expressly provided in this Lease, Tenant’s obligation to pay Rent hereunder shall not terminate prior to the actual date contemplated by Landlord and Tenant and specifically set forth in Article A, Section 2(c) for the expiration of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises or any part thereof, any Taking of the Premises or any part thereof or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention of Tenant’s or any Subtenant’s use, occupancy or enjoyment of the Premises or any part thereof, or any interference with such use, occupancy or enjoyment by any person or for any reason, any matter affecting title relation to the Premises, as well as the use, operation, and maintenance thereof even though such duties and obligations would otherwise be construed to be those of the Landlord. Nothing herein contained, however, shall be deemed to require Tenant to pay or discharge any eviction franchise taxes imposed on Landlord or income taxes imposed upon Landlord or liens or mortgages of any character whatever which may be placed upon the Premises by paramount title the affirmative act of Landlord, or otherwise, any default the costs and expenses incurred by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, in connection with any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part sale of the Premises (unless this Lease Premises. Furthermore, nothing herein shall be terminated by a writing signed by all Persons, including any Mortgagee, having an interest in the Premises), any breach of release or relieve Landlord from its warranty or misrepresentation, or any other cause whether similar or dissimilar obligations with respect to the foregoing and whether or not Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend that the obligations of Tenant under this Lease shall be separate and independent covenants and agreements and shall continue unaffected unless such obligations have been modified or terminated pursuant to an express provision of this Lease, as may be amended from time to timeLandlord's Work set forth in Exhibit C attached hereto.

Appears in 1 contract

Samples: Indemnity and Assumption Agreement (Aei Income & Growth Fund 24 LLC)

Absolute Net Lease. This Lease is an "absolute net lease," and the Lessee's obligations to make Lease Payments as provided in Section 7.1 of this Lease, to pay Additional Rent AS provided in Section 7.2 of this Lease, and to perform and observe all other covenants and agreements of the Lessee contained herein shall be deemed absolute and construed to be a bond lease, absolutely net to Landlordunconditional, and Tenant the failure by the Lessee to make such Lease Payments and to pay Additional Rent at the times and in the amounts as provided in Sections 7.1 and 7.2 hereof shall pay to Landlord, absolutely net throughout the Term, the Rent, free constitute an Event of any charges, assessments, impositions Default under this Lease. All Lease Payments shall be made without notice or deductions of any kind demand and without setoff, counterclaim, abatement, deduction or set-off defense whatsoever. Under no circumstances or conditionsFollowing Substantial Completion, whether now existing or hereafter arisingnotwithstanding the Lessor's obligation to complete punch-list items, or whether beyond the present contemplation Lessee shall assume the sole responsibility for the condition, use, operation, maintenance, repair and management of the partiesLeased Premises, shall Landlord and Lessee will, at its cost and expense, keep and maintain the Leased Premises in good repair and condition and in compliance with all applicable laws, rules, regulations, statutes, and ordinances, and will make all structural and nonstructural, and ordinary and extraordinary changes, repairs and replacements which may be expected or required to make any payment be made upon or in connection with the Leased Premises in order to keep the same in good repair and condition, reasonable wear and tear and ordinary use excepted; provided, however, that nothing herein shall be construed to release the Lessor from completion of any kind whatsoever or be under any other express or implied the punch-list items, and if the Lessor should fail to complete the punch-list items within a reasonable time, the Lessee may institute such legal action against the Lessor as the Lessee may deem necessary to compel the performance of such obligation or liability hereunder, except as herein otherwise expressly set forth in Section 3.5 or otherwise to recover damages therefore. Notwithstanding anything in this Lease and Tenant hereby waives all Applicable Laws and Requirements to the contrary. Tenant , Lessee shall pay (or shall cause the Operating Subtenants have no obligations to pay) all costs, expenses and charges of every kind and nature relating to the Premises from and after the Commencement Date, including, without limitation, all taxes, costs of improvements, maintenance, repairs, alterations, additions, replacements, condominium association assessments and other condominium association charges, and insurance and other Impositions, and all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges under any Superior Lease, which may arise or become due or payable prior to, during or after (but attributable to a period falling within) the Term. Unless otherwise expressly provided in this Lease, Tenant’s obligation to pay Rent hereunder shall not terminate prior to the actual date contemplated by Landlord and Tenant and specifically set forth in Article A, Section 2(c) for the expiration of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises or any part thereof, any Taking of the Premises or any part thereof or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention of Tenant’s or any Subtenant’s use, occupancy or enjoyment of the Premises or any part thereof, or any interference with such use, occupancy or enjoyment by any person or indemnify Lessor for any reasonclaims, any matter affecting title to loss, liabilities or damages arising from the Premisesnegligence or willful misconduct of Lessor, any eviction by paramount title its employees or otherwise, any default by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part of the Premises (unless this Lease shall be terminated by a writing signed by all Persons, including any Mortgagee, having an interest in the Premises), any breach of warranty or misrepresentation, or any other cause whether similar or dissimilar to the foregoing and whether or not Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend that the obligations of Tenant under this Lease shall be separate and independent covenants and agreements and shall continue unaffected unless such obligations have been modified or terminated pursuant to an express provision of this Lease, as may be amended from time to timeagents.

Appears in 1 contract

Samples: Lease With Purchase Option Agreement (Global Entertainment Corp)

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Absolute Net Lease. This Lease All Rent payments shall be deemed and construed to be a bond lease, absolutely net to Landlord, and Tenant shall pay to Landlord, absolutely net throughout the Term, the Rent, free of any chargesand all Taxes, assessmentsOther Charges, impositions and operating or deductions other expenses of any kind and whatsoever, all of which shall be paid by Tenant. Tenant shall continue to perform its obligations under this Master Lease even if Tenant claims that it has been damaged by Landlord or has indebtedness owing from Landlord. Thus, Tenant shall at all times remain obligated under this Master Lease without any right of setoff, counterclaim, abatement, deduction deduction, reduction or set-off whatsoever. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the present contemplation of the parties, shall Landlord be expected or required to make any payment defense of any kind whatsoever or kind. Tenant’s sole right to recover damages against Landlord under this Master Lease shall be under any other express or implied obligation or liability hereunder, except as herein to prove such damages in a separate action. Landlord and Tenant agree that unless otherwise expressly set forth in Section 3.5 or this Master Lease, Tenant shall be solely responsible for any and all costs associated with the operation, repair, maintenance and replacements of the Premises, including without limitation, Taxes as set forth below. Except as otherwise in this Lease and Tenant hereby waives all Applicable Laws and Requirements provided herein to the contrary, the Rent shall be complete and absolute net rent to Landlord, and during the entire term of this Master Lease, including any Renewal Term, Landlord shall have no cost, obligation, responsibility or liability whatsoever for repairing, maintaining, operating or owning the Premises. The parties acknowledge and agree that Landlord would not enter into this Master Lease if the Rent described in this Master Lease were not completely and absolutely net to Landlord or if Landlord were to incur any liability whatsoever, foreseen or unforeseen, with respect to the Premises or any portion thereof, or Tenant’s exercise of any other of its rights under this Master Lease. Accordingly, except as expressly and specifically provided otherwise herein, Tenant shall pay (or shall cause the Operating Subtenants to pay) all expenses, costs, expenses taxes, fees and charges of every kind and any nature relating whatsoever arising in connection with or attributable to the Premises from and after Premises, during the Commencement Dateterm of this Master Lease or in any manner whatsoever arising as a result of Tenant’s exercise of, or Landlord’s grant of, the rights described in this Master Lease, including, without limitation, all fees of Tenant’s consultants (provided Landlord shall pay its own broker fees incurred with any Lease renewals, if any), intangible personal property taxes, ad valorem real estate taxes, franchise taxes and excise taxes, Tenant’s accounting and attorney’s fees, costs of improvementsany financing obtained by Tenant, maintenancecosts of any leasehold title insurance policy obtained by Tenant, repairs, alterations, additions, replacements, condominium association assessments and other condominium association charges, utility charges and insurance and other Impositionspremiums. During the term of this Master Lease, Tenant shall pay all rent and all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges due under this Master Lease without notice or demand and without any Superior Leasedeductions, which may arise set-offs, counterclaims, abatements, suspensions or become due or payable prior to, during or after (but attributable to a period falling within) defenses of any kind. It is the Term. Unless otherwise expressly provided in this Lease, Tenant’s obligation to pay Rent hereunder shall not terminate prior to the actual date contemplated by Landlord and Tenant and specifically set forth in Article A, Section 2(c) for the expiration intention of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises or any part thereof, any Taking of the Premises or any part thereof or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention of Tenant’s or any Subtenant’s use, occupancy or enjoyment of the Premises or any part thereof, or any interference with such use, occupancy or enjoyment by any person or for any reason, any matter affecting title to the Premises, any eviction by paramount title or otherwise, any default by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part of the Premises (unless this Lease shall be terminated by a writing signed by all Persons, including any Mortgagee, having an interest in the Premises), any breach of warranty or misrepresentation, or any other cause whether similar or dissimilar to the foregoing and whether or not Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend that the obligations of Tenant under this Lease shall be separate and independent covenants covenants, that the Rent, and agreements all other charges payable by Tenant shall continue to be payable in all events, unless otherwise expressly provided herein, and that the obligations of Tenant shall continue unaffected unless such obligations the requirement to pay or perform the same shall have been terminated or modified or terminated pursuant to an express provision of this Master Lease, and Tenant shall have no right to terminate this Master Lease as may a result of any breach, default or failure by Landlord hereunder, provided that Tenant may, at its election and upon written notice to Landlord terminate this Master Lease with respect to any Facility if Landlord, with respect to such Facility, materially defaults hereunder in a manner that adversely impairs the Tenant’s business operations or renders the Premises untenantable, and if Landlord fails to cure such default within thirty days after Tenant provides written notice thereof to Landlord or such longer period which is reasonably necessary for Landlord to cure such default. Upon such failure, this Master Lease shall be amended from time deemed terminated as to timesuch Facility, and Minimum Rent, Additional Rent and Other Charges due hereunder shall be the product of (x) the amount of the then-current Minimum Rent and Additional Rent, and (y) a fraction, the numerator of which is the amount allocated to such Facility under Exhibit G attached hereto, and the denominator of which is the aggregate amount shown on said Exhibit G for all Facilities. No such adjustment shall have the effect of limiting the obligations of Tenant under this Master Lease for Taxes or, utilities, landlord expenses or Other Charges incurred prior to the date of termination. Tenant shall pay and be responsible to Landlord for all costs, expenses, obligations, liabilities and acts necessary to and for the proper use, operation, maintenance, care and occupancy of the Premises. Except as otherwise expressly provided in this Master Lease, Tenant waives all rights now or in the future conferred by law to quit, terminate or surrender this Master Lease or the Premises or to any abatement, suspension, deferment, or reduction of the Rent, or any other charges and under this Master Lease. In addition, notwithstanding any provision in this Master Lease to the contrary, Tenant’s payment obligation to Landlord shall also include all Taxes or any other charges or expenses that accrue after the Effective Date.

Appears in 1 contract

Samples: Master Lease (21st Century Oncology Holdings, Inc.)

Absolute Net Lease. This Lease shall be deemed It is the purpose and construed intent of Landlord and Tenant that the rent herein above provided to be a bond lease, paid to Landlord by Tenant be absolutely net to Landlord, and Tenant Landlord so that this Lease shall pay yield net to Landlord, absolutely net throughout the Term, the Rent, free of any charges, assessments, impositions or deductions of any kind and Landlord without abatement, deduction or set-off whatsoever. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond deduction therefrom the present contemplation of the parties, shall Landlord be expected or required to make any payment of any kind whatsoever or be under any other express or implied obligation or liability hereunder, except rent as herein otherwise expressly set forth in Section 3.5 or otherwise in above provided, to be paid during the Term of this Lease and Tenant hereby waives all Applicable Laws and Requirements to the contrary. Tenant shall pay (or shall cause the Operating Subtenants to pay) any extensions hereof, and, that all costs, expenses expenses, and charges impositions of every kind and or nature whatsoever relating to the Premises from and after Premises, the Commencement Dateuse thereof, includingthe maintenance thereof, without limitationthe operation thereof, all taxesthe management thereof, costs of improvements, maintenance, repairs, alterations, additions, replacements, condominium association assessments and other condominium association charges, and insurance and other Impositions, and all escrows, reserves and/or deposits relating thereto, except debt service (principal, interest and any required mortgage insurance premium (“MIP”)) on any Mortgage or any other indebtedness of Landlord or any rent or other charges under any Superior Lease, otherwise which may arise or become due during the Term of this Lease or payable prior toany extensions hereof be paid by Tenant, during and Landlord be indemnified and saved harmless by Tenant from and against the same. Tenant hereby assumes and agrees to perform all duties and obligations with relation to the Premises, as well as the use, operation, management, and maintenance thereof even though such duties and obligations would otherwise be construed to be those of the Landlord. Nothing herein contained, however, shall be deemed to require Tenant to pay or after (but attributable to a period falling within) discharge any liens or mortgages of any character, whatever which may be placed upon the TermPremises by the affirmative act of Landlord. Unless otherwise Except as expressly provided set forth in this Lease, Tenant’s obligation to pay Rent hereunder shall not terminate prior to the actual date contemplated by Landlord and Tenant and specifically set forth in Article A, Section 2(c) for the expiration of the Term, notwithstanding the exercise by Landlord of any or all of its rights under Article 12 hereof or otherwise and the obligations of Tenant hereunder shall not be affected by reason of: any damage to or destruction of the Premises or any part thereof, any Taking of the Premises or any part thereof or interest therein by condemnation or otherwise, any prohibition, interruption, limitation, restriction or prevention of Tenant’s or any Subtenant’s use, occupancy or enjoyment of the Premises or any part thereof, or any interference with such use, occupancy or enjoyment by any person or for any reason, any matter affecting title to the Premises, any eviction by paramount title or otherwise, any default by Landlord hereunder, the impossibility, impracticability or illegality of performance by Landlord, Tenant or both, any action of any Governmental Authority, Tenant’s acquisition of ownership of all or part of the Premises (unless this Lease shall be terminated by a writing signed by all Personsnot terminate, including nor shall Tenant have any Mortgagee, having an interest in the Premises)right to terminate this Lease for any cause whatsoever, any breach of warranty present or misrepresentation, or any other cause whether similar or dissimilar future law to the foregoing and whether or not contrary notwithstanding. Tenant shall have notice or knowledge thereof and whether or not such cause shall now be foreseeable. The parties intend agrees that the obligations of Tenant it will remain obligated under this Lease shall be separate and independent covenants and agreements and shall continue unaffected unless such obligations have been modified or terminated pursuant to an express provision of this Leasein accordance with its terms notwithstanding any action, as which may be amended from time taken with respect to timethis Lease by any trustee or receiver of Landlord in any bankruptcy or similar proceeding.

Appears in 1 contract

Samples: Lease (Stanford Telecommunications Inc)

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