Common use of Predecessor Clause in Contracts

Predecessor. Any Person whose liabilities arising under any Environmental Law relating to the Leased Property have or may have been retained or assumed by Lessee, either contractually or by operation of law. Primary Intended Use. As defined in Section 7.2(b).

Appears in 2 contracts

Sources: Percentage Lease Agreement (Red Lion Inns Limited Partnership), Percentage Lease Agreement (Boykin Lodging Co)