Guaranty of Lease definition
Examples of Guaranty of Lease in a sentence
In consideration of Landlord's leasing the Leased Premises to Tenant, Tenant shall provide Landlord with a Guaranty of Lease executed by the guarantor(s) described in the Basic Lease Provisions, if any.
Landlord would not execute the Lease if Guarantor did not execute and deliver to Landlord this Guaranty of Lease.
All of the Lease Obligations shall be unconditionally and irrevocably guaranteed by the Guarantor pursuant to the Guaranty of Lease Obligations.
Guarantor did duly execute and deliver that certain Guaranty of Lease (the “Original Guaranty”), on October 28, 2005, in connection with and as a material inducement for that certain Lease Agreement, as may have been amended previously (the “Original Lease”), involving Landlord and American Teleconferencing Services, Ltd.
The undersigned Guarantor under the original Guaranty of Lease dated November 27, 2006 (the "Guaranty"), does hereby consent to the foregoing Amendment.
Landlord consents to the restatement of the Guaranty by such Restated Guaranty of Lease.
In consideration of Landlord’s leasing the Leased Premises to Tenant, Tenant shall provide Landlord with a Guaranty of Lease executed by the guarantor(s) described in the Basic Lease Provisions, if any.
Guarantor has executed this Unconditional Guaranty of Lease as of the date set forth above.
The Guaranty of Lease dated , 200 from , a , has been duly executed and delivered, is unamended and is in full force and effect.
At Landlord's option, this Lease will be voidable unless the Guaranty of Lease is executed and delivered by the parent(s) or sponsor(s) of Tenant, and returned to Landlord within ten (10) days of the date Tenant signs this Lease.