DEFINITION OF THE. TENANT". As used herein, the term the "Tenant" means each person hereinabove named as such and such person's heirs, personal representatives, successors and assigns, each of whom shall have the same obligations, liabilities, rights and privileges as it would have possessed had it originally executed this Lease as the Tenant; provided, that no such right or privilege shall inure to the benefit of any assignee of the Tenant, immediate or remote, unless the assignment to such assignee is made in accordance with the provisions of Section 10. Whenever two or more persons constitute the Tenant, all such persons shall be jointly and severally liable for performing the Tenant's obligations hereunder.
Appears in 3 contracts
Samples: Deed of Lease Agreement (Litronic Inc), Deed of Lease Agreement (Fuisz Technologies LTD), Deed of Lease Agreement (Litronic Inc)
DEFINITION OF THE. TENANT". As used herein, the term the "Tenant" means each person hereinabove named as such and such person's heirs, personal representatives, successors and assigns, each of whom shall have the same obligations, liabilities, rights and privileges as it would have possessed had it originally executed this Lease as the Tenant; provided, that no such right or privilege shall inure to the benefit of any assignee of the Tenant, immediate or remote, unless the assignment to such assignee is made in accordance with the provisions of Section 10. Whenever two or more persons constitute the Tenant, all such persons shall be jointly and severally liable for performing the Tenant's obligations hereunder. 18.13.
Appears in 2 contracts
Samples: Deed of Lease Agreement (Litronic Inc), Deed of Lease Agreement (Litronic Inc)
DEFINITION OF THE. TENANTTenant". As used herein, the term the "Tenant" means shall mean each person hereinabove named as such and such person's heirs, personal representatives, successors and assigns, each of whom shall have the same obligations, liabilities, rights and privileges as it would have possessed had it originally executed this Lease as the Tenant; provided, provided that no such right or privilege shall inure to the benefit of any assignee of the Tenant, immediate or remote, unless the assignment to such assignee is made in accordance with the provisions of Section 104. Whenever two or more persons constitute the Tenant, all such persons shall be jointly and severally liable for performing the performance of the Tenant's obligations hereunder.
Appears in 1 contract
Samples: Lease Agreement (Integrated Information Systems Inc)
