Lessor Covenant Sample Clauses

Lessor Covenant. Lessor shall pay when due all principal and interest on any mortgage or superior lease to which this Lease is subordinate or subordinated, and shall pay or discharge (by bonding or otherwise) all valid mechanic's liens filed against the Leased Premises by reasons of any construction by Lessor.
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Lessor Covenant. Lessor agrees that it will maintain, repair and replace items in excess of One Thousand Dollars ($1,000.00), as necessary (a) the structural portions of the Premises, including roofs, foundations, slabs and walls, and (b) all building systems and utility lines serving the Premises.
Sample 1
Lessor Covenant. If ever the Lessor has right of occupation to observe the Lessee's covenants. Not to dispose of the freehold of the building (including by way of lease granted out of the freehold) except by way of a transaction which imposes on the transferee or tenant of an obligation not to dispose nor grant a lease save by way of a transaction which imposes a similar obligation if that person is ever to transfer or grant a lease of any part of the building (including this obligation to create a chain of no parking obligation). Offices and associates throughout the Americas, Europe, Asia Pacific, Africa and the Middle East..
Sample 1

Related to Lessor Covenant

  • Landlord's Covenant Upon payment by the Tenant of the rents and other charges herein provided, and upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through or under the Landlord, subject, nevertheless, to the terms and conditions of this Lease.

  • LESSOR'S COVENANTS The Lessor covenants and agrees that, unless the Agent and the Lenders shall have otherwise consented in writing:

  • LANDLORD'S COVENANTS The Landlord covenants with the Tenant:

  • Guarantor Covenants Each Guarantor shall take such action as the Borrower is required by this Agreement to cause such Guarantor to take, and shall refrain from taking such action as the Borrower is required by this Agreement to prohibit such Guarantor from taking.

  • Director Covenants Director agrees that for a period of two (2) years from the Effective Time, Director shall not, directly or indirectly, individually or as an employee, partner, officer, director, promoter or shareholder or in any other capacity whatsoever, except in the performance of customary legal, accounting, insurance, or investment or investment management services as performed at the time of execution of the Agreement or of a similar nature:

  • Landlord Covenants Landlord covenants and agrees to the following during the Term

  • Other Covenants (Section 5.1): Borrower shall at all times comply with all of the following additional covenants:

  • Other Covenant Defaults If Borrower fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement (other than as set forth in Sections 8.1, 8.2 or 8.4 through 8.11), in any of the other Loan Documents and Borrower has failed to cure such default within fifteen (15) days of the occurrence of such default. During this fifteen (15) day period, the failure to cure the default is not an Event of Default (but no Loan will be made during the cure period).

  • Successor Company The Company shall require any successor or successors (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement in form and substance satisfactory to the Employee, to acknowledge expressly that this Agreement is binding upon and enforceable against the Company in accordance with the terms hereof, and to become jointly and severally obligated with the Company to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession or successions had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement. As used in this Agreement, the Company shall mean the Company as hereinbefore defined and any such successor or successors to its business and/or assets, jointly and severally.

  • Further Covenants The Company hereby covenants and agrees that:

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