Changes in Lease Sample Clauses
The "CHANGES IN LEASE" clause defines the process and conditions under which modifications to the lease agreement can be made. Typically, this clause requires that any amendments or alterations to the lease terms must be agreed upon by both parties, often in writing, to be valid. For example, if the landlord and tenant wish to adjust the rent amount or extend the lease term, they must follow the procedures outlined in this clause. Its core practical function is to ensure that all changes to the lease are mutually agreed upon and properly documented, thereby preventing misunderstandings or disputes over unauthorized modifications.
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Changes in Lease. The provisions of this lease cannot be changed orally.
Changes in Lease. The provisions of this Lease must not be modified in any manner except by a written instrument signed, sealed, and mutually agreed upon by all the parties to this Lease and approved as required by law. No such instrument is void for lack of a recital of consideration.
Changes in Lease. None of the terms of this Lease shall in any manner be modified, amended, or waived except by a written instrument signed by both parties.
Changes in Lease. This Lease may be changed only by an agreement in writing signed by and delivered to each party.
Changes in Lease. The tenant and the owner may not make any change in the Lease Addendum. The tenant and the owner may not change the term of the lease without the advance written consent of MaineHousing. If MaineHousing consents to such change, the change must be in writing and signed by the owner and the tenant and the owner must immediately give MaineHousing a copy of the change. If the tenant and the owner agree to any other changes in the lease, such changes must be in writing and signed by both the owner and the tenant, and the owner must immediately give MaineHousing a copy of such changes. The lease, including any changes, must be in accordance with the requirements of the Lease Addendum, the STEP/TBRA Program, HUD regulations, and Maine law.
Changes in Lease. No change or modification of this lease shall be binding unless evidenced by an agreement in writing signed by OWNER and LESSEE.
Changes in Lease. None of the covenants, agreements, provisions, terms and conditions of this Lease shall in any manner be changed, altered, waived or abandoned except by a written instrument signed, sealed and mutually agreed upon by all the parties hereto.
Changes in Lease. Without notice to, or consent by, Guarantor, and in Landlord's sole and absolute discretion and without prejudice to Landlord or in any way limiting or reducing Guarantor's liability under this Guaranty, Landlord may: (a) grant extensions of time, renewals or other indulgences or modifications to Tenant; (b) change, amend or modify the Lease; and (c) accept or make compositions or other arrangements or file or refrain from filing a claim in any bankruptcy or similar proceeding, and otherwise deal with Tenant and any other party related to the Lease as Landlord may determine in its sole and absolute discretion. Without limiting the generality of the foregoing, Guarantor's liability under this Guaranty shall continue even if Landlord alters any obligations under the Lease in any respect or if Landlord's remedies or rights against Tenant are in any way impaired or suspended with or without Guarantor's consent. If Landlord performs any of the actions described in this paragraph, then Guarantor's liability shall continue in full force and effect. Guarantor acknowledges that Guarantor is and will be in a position to know about and control any of the actions described in this paragraph.
Changes in Lease. Guarantor hereby unconditionally agrees that its obligations under this Guaranty shall not be affected by: (i) any amendment(s) or modification(s) to the terms and conditions of the Lease, or any extension(s) of time for payment of monies or the performance of any act required under the Lease; (ii) the release of Tenant from its obligations under the Lease or the release of any security or other guarantor (including the other Guarantor) securing the performance of Tenant under the Lease, whether made with or without notice to or the consent of Guarantor or Landlord; or (iii) any delay in exercising any right or remedy under the Lease or this Guaranty. Notwithstanding the foregoing, (a) to the extent that any of the events referred to in clauses (i), (ii) or (iii) of the preceding sentence directly reduces the extent or nature of the Guarantied Obligations, Guarantor shall be entitled to the benefit of such reduction in the Guarantied Obligations; and (b) to the extent any of the events referred to in clauses (i), (ii) or (iii) of the preceding sentence directly increases the extent or nature of the Guarantied Obligations, Guarantor shall be bound by such increase in the Guarantied Obligations. Anything contained in clause (b) of the preceding sentence to the contrary notwithstanding, in the event that Tenant assigns the Lease to a Person that is not an Affiliate or subsidiary of Tenant in accordance with the express provisions of the Lease, and, after notice of such assignment to Landlord, the extent or nature of the Guarantied Obligations are increased by one or more of the events referred to in clauses (i), (ii) or (iii) above, Guarantor shall in no event be liable for such increase in the Guarantied Obligations, and shall continue to be liable for such Guarantied Obligations, as they existed prior to any such increase.
Changes in Lease. Owner may, with the prior approval of WHEDA, change the terms and conditions of this Lease. Except as otherwise provided herein, any changes will become effective only at the end of the initial term or a successive term. Owner must notify Resident of any change in the Lease and must offer Resident a new lease or an amendment to the existing Lease. Resident must receive a notice at least 60 days before the proposed effective date of the change. Resident may accept the changed terms and conditions by signing the new lease or the amendment to the existing Lease and returning it to the Owner. Resident may reject the changed terms and conditions by giving Owner written notice that Resident intends to terminate the tenancy. Resident must give such notice at least 28 days before the proposed change will go into effect. If Resident does not accept the amended lease, Owner may require Resident to move from the Development, as provided in section 22.
