Common use of Intent and Interpretation Clause in Contracts

Intent and Interpretation. This Indenture and everything herein contained shall enure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, successors and assigns, subject to the consent of the Landlord being obtained as herein provided to an assignment or sub-lease by the Tenant. Time shall in all respects be of the essence hereof. All covenants herein contained shall be deemed joint and several and all rights and powers reserved to the Landlord may be exercised either by the Landlord or by its agents or representatives from time to time. The provisions hereof shall in all respects be construed according to and governed by the laws of the Province of Ontario.