Common use of Landlord Notice Obligation Clause in Contracts

Landlord Notice Obligation. Landlord shall give prompt Notice to Tenant and the Manager of any materially adverse matters affecting the Leased Property of which Landlord receives written notice or actual, conscious, present knowledge and, to the extent Tenant otherwise has no notice or actual knowledge thereof, Landlord shall be liable for any liabilities, costs, damages or claims (including reasonable attorneys' fees) arising from the failure to deliver such Notice to Tenant. Subject to Article 20, Landlord shall not enter into or amend any agreement directly affecting the operation of Leased Property without Tenant's prior written consent. As used in this Agreement, "Landlord's knowledge" or words of similar import shall mean the actual (and not constructive or imputed), conscious, present knowledge, without independent investigation or inquiry of any officer or employee of Landlord, or any Affiliated Person as to Landlord, having direct oversight responsibility for the transactions contemplated in this Agreement.

Appears in 2 contracts

Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Hospitality Properties Inc)

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Landlord Notice Obligation. Landlord shall give prompt Notice to Tenant and the Manager of any materially adverse matters affecting the Leased Property of which Landlord receives written notice or actual, conscious, present knowledge and, to the extent Tenant otherwise has no notice or actual knowledge thereof, Landlord shall be liable for any liabilities, costs, damages or claims (including reasonable attorneys' fees) arising from the failure to deliver such Notice to Tenant. Subject to Article 20, Landlord shall not enter into or amend any agreement directly affecting the operation of Leased Property without Tenant's ’s prior written consent. As used in this AgreementLease, "Landlord's ’s knowledge" or words of similar import shall mean the actual (and not constructive or imputed), conscious, present knowledge, without independent investigation or inquiry of Cxxxxxx Xxxxxx or any subsequent officer or employee of Landlord, or any Affiliated Person as to Landlord, having direct oversight responsibility for the transactions contemplated in this AgreementLease.

Appears in 1 contract

Samples: Master Lease (CNL Income Properties Inc)

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Landlord Notice Obligation. Landlord shall give prompt Notice to Tenant and the Manager of any materially adverse matters affecting the Leased Property of which Landlord receives written notice or actual, conscious, present knowledge and, to the extent Tenant otherwise has no notice or actual knowledge thereof, Landlord shall be liable for any liabilities, costs, damages or claims (including reasonable attorneys' fees) arising from the failure to deliver such Notice to Tenant. Subject to Article 20, Landlord shall not enter into or amend any agreement directly affecting the operation of Leased Property without Tenant's ’s prior written consent. As used in this AgreementLease, "Landlord's ’s knowledge" or words of similar import shall mean the actual (and not constructive or imputed), conscious, present knowledge, without independent investigation or inquiry of Xxxxxxx Xxxxxx or any subsequent officer or employee of Landlord, or any Affiliated Person as to Landlord, having direct oversight responsibility for the transactions contemplated in this AgreementLease.

Appears in 1 contract

Samples: Master Lease (CNL Income Properties Inc)

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