Common use of NO ESTATE Clause in Contracts

NO ESTATE. 37. This contract shall create the relationship of Landlord and Tenant, and no estate shall pass out of Landlord. Tenant has only a usufruct, not subject to levy and sale and not assignable by Tenant, except as provided for herein and in compliance herewith.

Appears in 4 contracts

Samples: Office Lease Agreement (Ultimate Software Group Inc), Office Lease Agreement (Ultimate Software Group Inc), Office Lease Agreement (Ultimate Software Group Inc)

AutoNDA by SimpleDocs

NO ESTATE. 37. This contract shall create the relationship of Landlord and Tenant, Tenant and no estate shall pass out of Landlord. Tenant has only a usufruct, usufruct not subject to levy and sale and not assignable by Tenant, except as provided for herein and in compliance herewith.

Appears in 2 contracts

Samples: Office Lease Agreement (Ominto, Inc.), Office Lease Agreement (Intellon Corp)

AutoNDA by SimpleDocs

NO ESTATE. 37. This contract shall create the relationship of Landlord and Tenant, and no estate shall pass out of Landlord. Tenant Xxxxxx has only a usufruct, not subject to levy and sale and not assignable by TenantXxxxxx, except as provided for herein and in compliance herewith.

Appears in 2 contracts

Samples: Basic Lease (Clientlink Inc), Office Lease Agreement (Optium Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.