Lessor Entities definition
Examples of Lessor Entities in a sentence
Lessee hereby assumes all risk of damage to property or injury to persons in, upon or about the Properties from any cause whatsoever and agrees that Lessor Entities shall not be liable for, and are hereby released from any responsibility for, any damage either to person or property or resulting from the loss of use thereof, which damage is sustained by Lessee or by other persons claiming through Lessee.
None of the Lessor Entities, and no individual or entity owning directly or indirectly any interest in any of the Lessor Entities, is an individual or entity whose property or interests are subject to being blocked under any of the OFAC Laws or is otherwise in violation of any of the OFAC Laws; provided, however, that the representation contained in this sentence shall not apply to any Person to the extent such Person’s interest is in or through a U.S. Publicly Traded Entity.
There are no suits, actions, proceedings or investigations pending, or to the best of its knowledge, threatened against or involving any Lessor Entities before any arbitrator or Governmental Authority which might reasonably result in any Material Adverse Effect.
Such payment must be made in advance on or before the first day of each calendar month of the Term and shall be allocated between the Lessor Entities as set forth on Exhibit “A”.
Certificates of insurance showing the limits of coverage required hereunder and showing Lessor Entities as an additional insured, along with reasonable evidence of the payment of premiums for the applicable period, shall be delivered to Lessor by Lessee prior to commencement of the Term.