Lease Guaranties Clause Samples
A Lease Guaranties clause requires a third party, often called a guarantor, to assume responsibility for the tenant’s obligations under the lease if the tenant fails to fulfill them. In practice, this means that if the tenant defaults on rent payments or breaches other lease terms, the landlord can seek payment or performance from the guarantor. This clause is commonly used when the tenant’s financial stability is uncertain or when additional security is needed. Its core function is to provide the landlord with added assurance and recourse, thereby reducing the risk of financial loss due to tenant default.
Lease Guaranties. All claims and rights under any and all lease guaranties, letters of credit and any other credit support (individually, a “Lease Guaranty,” and collectively, the “Lease Guaranties”) given to Borrower by any guarantor in connection with any of the Leases (individually, a “Lease Guarantor,” and collectively, the “Lease Guarantors”).
Lease Guaranties. All of Borrower's right, title and interest in and claims under any and all lease guaranties, letters of credit and any other credit support (individually, a "LEASE GUARANTY," collectively, the "LEASE GUARANTIES") given by any guarantor in connection with any of the Leases or leasing commissions (individually, a "LEASE GUARANTOR," collectively, the "LEASE GUARANTORS") to Borrower.
Lease Guaranties. Any and all Lease Guaranties;
Lease Guaranties. All of Assignor’s right, title and interest in and claims under any and all lease guaranties, letters of credit and any other credit support given by any guarantor in connection with any of the Leases (individually, a “Lease Guarantor” and, collectively, the “Lease Guarantors”) to Assignor (individually, a “Lease Guaranty” and, collectively, the “Lease Guaranties”).
Lease Guaranties. A Lease Guaranty duly executed by Sierra, as to any Lease in which Sierra is not the Tenant.
Lease Guaranties. All of the Company’s right, title and interest in and to the Credit Lease Guaranty and any and all other lease guaranties, letters of credit and any other credit support given in connection with the Lease and the Other Leases to the Company or predecessors (individually, a “Lease Guaranty”, and, collectively, the “Lease Guaranties”) by the Credit Lease Guarantor and any other guarantor (individually, a “Lease Guarantor,” and, collectively, the “Lease Guarantors”).
Lease Guaranties. All of the Grantor’s right, title and interest in and to any and all lease guaranties, letters of credit and any other credit support given in connection with the Lease and the Other Leases to the Grantor or predecessors (individually, a “Lease Guaranty”, and, collectively, the “Lease Guaranties”) by any guarantor (individually, a “Lease Guarantor,” and, collectively, the “Lease Guarantors”).
Lease Guaranties. The Borrowers or any of its Subsidiaries shall have made any payment or payments of any kind or nature on account of one or more Lease Guaranties which, in the aggregate, exceed $250,000.
Lease Guaranties. All of Borrower’s right, title and interest in and claims under any and all lease guaranties, letters of credit and any other credit support (individually, a
Lease Guaranties. Buyers shall use commercially reasonable efforts to cause the Seller Guarantor to be released from its guarantee obligations on leases which are being assigned to a Buyer under this Agreement. In the absence of release, Buyers will indemnify and defend Seller Guarantor for any liabilities thereunder arising on or after the Closing Date and for which Seller Guarantor actually pays amounts thereunder.