Present Landlord definition
Examples of Present Landlord in a sentence
On and after the Sublease Commencement Date, Sublessor agrees to make the payments set forth in EXHIBIT C to the Present Landlord so that they are received by Present Landlord on or before the dates set forth in EXHIBIT C (each such payment referred to herein as a "Monthly Payment," and referred to herein in the aggregate as the "Monthly Payments"); provided, however, that in no event shall Sublessor be obligated to pay Monthly Payments in excess of $900,000.
The foregoing representations and warranties of Tenant shall terminate and be of no further force and effect upon delivery by Tenant to Landlord of an estoppel certificate in the form of Exhibit C to the Existing Lease from the Present Landlord.
Present Landlord Only: in the event of any sale or transfer of the Leased Premises by the Landlord, including any transfer by operation of law, the Landlord:and in case of any subsequent transfers of conveyances the then (degree)transferor or grantor, shall be automatically freed and relieved from and after the date of such transfer or conveyance from the Provisions Of 7his Lease arising, due, or to be performed, after the date of such transfer or conveyance.