Covenants by Undertenants Sample Clauses

Covenants by Undertenants. Not underlet the whole of the Demised Premises or a Permitted Part unless and until the intended undertenant has been approved in writing by the Landlord ("the Permitted Undertenant") and the Permitted Undertenant has entered into a Deed to be prepared by the Landlord at, the reasonable cost of the Tenant containing a covenant with the Landlord by the Permitted Undertenant to perform and observe during the term to be granted by the underlease the covenants terms and conditions contained in this Lease and to be performed and observed by the Tenant (save for the payment of the yearly rent first hereby reserved and insofar as the same relate to and affect the Permitted Part in the case of an underletting of a Permitted Part) in the same manner as if such covenants and conditions were therein repeated with the substitution of the name of the Permitted Undertenant for the name of the Tenant
Sample 1
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Related to Covenants by Undertenants

  • Covenants of Party B Party B hereby covenants as follows:

  • LESSEE'S COVENANTS Lessee further covenants and agrees as follows:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Covenants Etc Buyer shall have substantially performed and complied with each and every covenant, agreement and condition required by this Agreement to be performed or complied with by it prior to, or at, the Closing Date.

  • LANDLORD'S RIGHT TO PERFORM TENANT'S COVENANTS If Tenant shall at any time fail to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord may, but shall not be obligated to, make the payment or perform any other act to the extent Landlord may deem desirable and, in connection therewith, pay expenses and employ counsel. Any payment or performance by Landlord shall not waive or release Tenant from any obligations of Tenant under this Lease. All sums so paid by Landlord, and all penalties, interest and costs in connection therewith, shall be due and payable by Tenant on the next day after any payment by Landlord, together with interest thereon at the Interest Rate, from that date to the date of payment thereof by Tenant to Landlord, plus collection costs and attorneys' fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.

  • LANDLORD'S COVENANTS The Landlord covenants with the Tenant:

  • Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Tenant’s Covenants The Tenant covenants with the Landlord as follows:

  • COMPLIANCE WITH COVENANTS, RESTRICTIONS AND BUILDING CODE Lessor warrants that any improvements (other than those constructed by Lessee or at Lessee's direction) on or in the Premises which have been constructed or installed by Lessor or with Lessor's consent or at Lessor's direction shall comply with all applicable covenants or restrictions of record and applicable building codes, regulations and ordinances in effect on the Commencement Date. Lessor further warrants to Lessee that Lessor has no knowledge of any claim having been made by any governmental agency that a violation or violations of applicable building codes, regulations, or ordinances exist with regard to the Premises as of the Commencement Date. Said warranties shall not apply to any Alterations or Utility Installations (defined in Paragraph 7.3(a)) made or to be made by Lessee. If the Premises do not comply with said warranties, Lessor shall, except as otherwise provided in this Lease, promptly after receipt of written notice from Lessee given within six (6) months following the Commencement Date and setting forth with specificity the nature and extent of such non-compliance, take such action, at Lessor's expense, as may be reasonable or appropriate to rectify the non-compliance. Lessor makes no warranty that the Permitted Use in Paragraph 1.8 is permitted for the Premises under Applicable Laws (as defined in Paragraph 2.4).

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