Lessor's Rights definition

Lessor's Rights means the rights of the Lessor under this Lease or implied by law, including without limitation the benefit of the Lessee’s Obligations.
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Examples of Lessor's Rights in a sentence

  • In consideration of the Lessee agreeing to duly pay the Rent and other money payable under this Lease and to duly observe and perform the Lessee's Obligations, the Lessor leases the Leased Premises and grants the Lessee's Rights to the Lessee for the Term commencing on the Commencement Date subject to the reservation of the Lessor's Rights under this Lease.

  • Mortgagees' and Ground Lessors' Rights............................

  • The powers conferred on the Lessor by or under any Act are in addition to the Lessor's Rights except to the extent inconsistent with this Lease.

  • Subject to the Lessor's Rights, the Lessee may quietly hold the Premises and enjoy the Lessee's Rights during the Term without any interruption or disturbance from the Lessor or any person lawfully claiming through or under the Lessor, if the Lessee observes and performs the Lessee's Covenants.

  • Subject to the Lessor's Rights, the Lessor shall take reasonable steps to clean, light and maintain the Common Area (if any) and to ensure that the Services are properly supplied to the Premises.

  • Issuance of the Bond; Compliance with Laws; Lessee's Acceptance; Permitted Contests; Assignment of Lessor's Rights.....................

  • Lessor's Rights Not Conferred to Third Parties........................

  • The Lessor LEASES the Premises to the Lessee and the Lessee ACCEPTS the Premises on lease SUBJECT to the Encumbrances and for the Term RESERVING to the Lessor the Lessor's Rights and the Lessor and the Lessee COVENANT and AGREE to observe and perform the Terms and Conditions.

  • No Liability for Exercise of the Ground Lessor's Rights.............................

  • If the Lessor exercises the Lessor's Rights, it is presumed that the Lessor is entitled to exercise the Lessor's Rights unless the Lessee proves otherwise.

Related to Lessor's Rights

  • Lessors means a lessor under a Superior Lease.

  • Landlord Liens means liens on or against the Leased Property or any payment of Rent (a) which result from any act of, or any claim against, Landlord or any owner of a direct or indirect interest in the Leased Property (other than the lessor under any ground lease affecting any portion of the Leased Property), or which result from any violation by Landlord of any terms of this Agreement, or (b) which result from liens in favor of any taxing authority by reason of any tax owed by Landlord or any fee owner of a direct or indirect interest in the Leased Property (other than the lessor under any ground lease affecting any portion of the Leased Property); provided, however, that “Landlord Lien” shall not include any lien resulting from any tax for which Tenant is obligated to pay or indemnify Landlord against until such time as Tenant shall have already paid to or on behalf of Landlord the tax or the required indemnity with respect to the same.

  • Landlord Parties means Landlord and Property Manager and their respective officers, directors, partners, shareholders, members and employees.

  • Mortgagor's Name Address: Loan No.: Reason for requesting file:

  • Successor Landlord shall have the meaning given such term in Section 20.2.