Common use of Waiver of Exemptions Clause in Contracts

Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Ontario, 1980 or in any other statute which may hereafter be passed to take the place of the said Act or the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, shall be exempt from levy by distress for rent in arrears by the Tenant as provided for by any section or sections of the said Act or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments or amendments thereto, said Tenant waiving as the Tenant hereby does, every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of any amendment of amendments thereto but for this covenant.

Appears in 2 contracts

Samples: Lease Amending Agreement (Hostopia.com Inc.), Lease Amending Agreement (Hostopia.com Inc.)

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Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) ), notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of OntarioLandlord and Tenant Act, 1980 RSO 1990, CCL. 7 or in any other statute which may hereafter be passed to take the place of the said Act or the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, shall be exempt from levy by distress for rent in arrears by the Tenant as provided for by any section or sections of the said Act or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Indenture (McData Corp)

Waiver of Exemptions. The Tenant hereby covenants and agrees agreed with the Landlord that in consideration of the Premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Landlord and Tenant Act (Ontario) as, 1980 amended, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section or sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments amendment or amendments thereto, said . Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Agreement (Harris Interactive Inc)

Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Leased Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 31 of Chapter 232 of the Revised Statutes of Ontario, 1980 1980, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Leased Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section Section or sections Sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption exemptions by the Tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted exempt in said section Section or sections Sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section Section or sections Sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Pivotal Corp

Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Landlord and Tenant Act (Ontario) as, 1980 amended, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section or sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Learning Tree International Inc

Waiver of Exemptions. The Tenant hereby covenants and agrees with -------------------- the Landlord that in consideration of the Premises premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Leased Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of OntarioLandlord and Tenant Act R.S.O. 1990, 1980 c.L. 7, as amended, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Leased Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section Section or sections Sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section Section or sections Sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section Section or sections Sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Office Lease (Argosy Education Group Inc)

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Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Leased Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of OntarioCommercial Tenancies Act, 1980 c.L. 7, as amended, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Leased Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section Section or sections Sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section Section or sections Sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section Section or sections Sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Indemnity Agreement (Gravity Spin Holdings Inc)

Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Commercial Tenancies Act (Ontario) as, 1980 amended, or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section or sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section or sections or amendments amendment or amendments thereto, said Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section or sections of the said Act of or any amendment of or amendments thereto but for this covenant.

Appears in 1 contract

Samples: Peace Arch Entertainment Group Inc

Waiver of Exemptions. The Tenant hereby covenants and agrees with the Landlord that in consideration of the Premises premises and of the leasing and letting by the Landlord to the said Tenant of the lands and the Leased Premises mentioned above for the Term hereby created (and it is upon that express understanding that these presents are are entered into) that notwithstanding anything contained in Section 30 of Chapter 232 of the Revised Statutes of Commercial Tenancies Act (Ontario), 1980 or in any other statute Statute which may hereafter be passed to take the place of the said Act or to amend the amendment of same, none of the goods or chattels of owned by the said Tenant at any time during the continuance of the Term hereby created on the demised Premises, Leased Premises shall be exempt from levy by distress for rent Rent in arrears by the Tenant as provided for by any section Section or sections Sections of the said Act Act, or any amendment or amendments thereto, and that upon any claim being made for such exemption by the Tenant or on distress being made by the Landlord, Landlord this covenant and agreement may be pleaded as an estoppel against the Tenant in any action brought to test the right to the levying upon any such goods as are named as exempted in said section Section or sections Sections or amendments amendment or amendments thereto, said the Tenant waiving as the Tenant hereby does, all and every benefit that could or might have accrued to the Tenant under and by virtue of the said section Section or sections Sections of the said Act of or any amendment of or amendments thereto but for this covenant. For clarification purposes it is understood and agreed that the Landlord shall have no claims under this Section 16.07 against goods or chattels leased by the Tenant from arm’s length third parties.

Appears in 1 contract

Samples: Indenture (Trillium Therapeutics Inc.)

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