Common use of Binding Effect of Lease Clause in Contracts

Binding Effect of Lease. Section 27.1. The covenants, agreements and obligations contained in this Lease shall, except as herein otherwise provided, extend to, bind and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Each covenant, agreement, obligation or other provision herein contained shall be deemed and construed as a separate and independent covenant of the party bound by, undertaking or making the same, not dependent on any other provision of this Lease unless otherwise expressly provided.

Appears in 4 contracts

Samples: Operate Transfer Agreement, Operate Transfer Agreement, Operate Transfer Agreement

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Binding Effect of Lease. Section 27.134. The covenants, agreements and obligations contained in this Lease shall, except as herein otherwise provided, extend to, bind and inure to the benefit of the parties hereto and their respective personal representatives, heirs, successors and permitted assigns. Each covenant, agreement, obligation or other provision herein contained shall be deemed and construed as a separate and independent covenant of the party bound by, undertaking or making the same, not dependent on any other provision of this Lease unless otherwise expressly provided.. UNAVOIDABLE DELAYS

Appears in 3 contracts

Samples: Agreement of Lease (Scientific Industries Inc), Agreement of Lease (Scientific Industries Inc), Agreement of Lease (Nastech Pharmaceutical Co Inc)

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Binding Effect of Lease. Section 27.134. The covenants, agreements and obligations contained in this Lease shall, except as herein otherwise provided, extend to, bind and inure to the benefit of the parties hereto and their respective personal representatives, heirs, successors and permitted assigns. Each covenant, agreement, obligation or other provision herein contained shall be deemed and construed as a separate and independent covenant of the party bound by, undertaking or making the same, not dependent on any other provision of this Lease lease unless otherwise expressly provided.. UNAVOIDABLE DELAYS

Appears in 2 contracts

Samples: Agreement of Lease (Herley Industries Inc /New), Agreement of Lease (Herley Industries Inc /New)

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