LEASE GUARANTEE. If a tenant has been qualified by BROKER and defaults within the first 6 months of original lease term, BROKER agrees to not charge a leasing fee after six months the fee will be reduced by one half (1/2) when re-leasing property.
LEASE GUARANTEE. If Resident does not meet the residential rental criteria set forth in this Lease as determined by Landlord in its sole and absolute discretion, each Resident must provide Landlord a Guaranty Agreement in a form and substance acceptable to Landlord and executed by a qualified Guarantor acceptable to Landlord, in its sole and absolute discretion. The signed Guaranty Agreement for each Resident must be delivered to Landlord within 7 days of Resident signing this Lease. Landlord may cancel this Lease at any time thereafter, if Resident does not provide the signed Guaranty Agreement to Landlord. Resident will not be allowed to move---in without a complete Lease file including the Guaranty Agreement. If Resident does not have a signed Guaranty Agreement form, Resident is still liable for all Lease payments for the Term. It is the Landlord’s option as to whether to accept the Guaranty Agreement or not. It is not the option of the Resident as to whether or not to have the Guaranty Agreement completed and returned to Landlord.
LEASE GUARANTEE. While under management, if a resident has been qualified by BROKER and defaults within the first two (2) months of the original annual lease term, BROKER agrees not charge another leasing fee to place another qualified resident (FREE).
LEASE GUARANTEE. If a tenant has been qualified by MANAGEMENT COMPANY and defaults within the first 6 months of original lease term, MANAGEMENT COMPANY agrees to reduce leasing fee by one half (1/2) when re-leasing property.
LEASE GUARANTEE. If a tenant has been qualified and placed by the Broker and defaults within the first 6 months of the original lease term, Xxxxxx agrees no to charge a leasing fee to procure a new qualified tenant. If a tenant has been qualified and placed by the Broker and defaults within 7 – 9 months, Xxxxxx agrees to reduce the leasing fee for a new qualified tenant at 25% of the monthly rental amount.
LEASE GUARANTEE. No guarantor shall have any right of subrogation to any of our rights in the FD Equipment or this Lease Agreement or against you, and any such right of subrogation is hereby waived and released. All indebtedness that exists now or arises after the execution of this Lease Agreement between you and any guarantor is hereby subordinated to all of your present and future obligations, and those of your guarantor, to us, and no payment shall be made or accepted on such indebtedness due to you from a guarantor until the obligations due to us are paid and satisfied in full.
LEASE GUARANTEE. “Lease Guarantee” means each of the guarantees by CRG or Carrols of all obligations of any Fiesta Group entity under the real property leases listed on Schedule B for certain Pollo Tropical and Taco Cabana restaurants.
LEASE GUARANTEE. Resident(s) not having full time employment or acceptable credit history, agree(s) to provide acceptable co-signers to this Lease Agreement. (if asked to do so.) Failure to obtain a required co-signer will subject this lease to cancellation at Management’s option.
LEASE GUARANTEE. If a tenant has been qualified by BROKER and defaults within the first 6 months of original lease term, BROKER agrees to not charging LANDLORD a leasing fee for finding a new tenant, if a qualified tenant defaults between the 7th and 12th month BROKER agrees to split the leasing fee 50/50 with LANDLORD.
LEASE GUARANTEE. If LESSEE is a corporation or a partnership, the person signing this LEASE on behalf of such entity warrants he has full authority to execute this LEASE and obligate the corporation or partnership hereunder. The Lessee and Lessor hereby agree that in the event the Lessee so desires to terminate this lease it may do so by giving such notification in writing to the Lessor sixty (60) days in advance of vacating the premise and forfeiting $10,000 of the security as a lease termination fee.
