Common use of Assignee’s Defaults Clause in Contracts

Assignee’s Defaults. Tenant and the assignee hereby agree that, if the assignee shall be in default of any obligation of assignee under the assignment, which default also constitutes a default by Tenant under this Lease, then Landlord shall be permitted to avail itself of all of the rights and remedies available to Tenant, as Landlord, in connection with such assignment.

Appears in 3 contracts

Sources: Commercial Lease Agreement (INVO Bioscience, Inc.), Lease Agreement, Lease Agreement