Rights Under the Lease Sample Clauses

The 'Rights Under the Lease' clause defines the specific entitlements and privileges granted to the tenant or landlord under the terms of the lease agreement. This may include the tenant’s right to occupy and use the premises, access to common areas, and the ability to make certain modifications, as well as the landlord’s rights to enter the property for inspections or repairs. By clearly outlining these rights, the clause helps prevent misunderstandings and disputes by ensuring both parties understand their legal position and the scope of their authority under the lease.
Rights Under the Lease. If Lender shall: (i) succeed to the interests of Landlord in and to the Premises or under the Lease, or (ii) enter into possession of the Premises under circumstances described in Section 38 of the Lease, Lender shall be bound to Tenant under all of the terms, covenants and conditions of the Lease, and Tenant shall, from and after Xxxxxx's succession to the interests of Landlord in and to the Premises or under the Lease or entry into possession of the Premises, as the case may be, have the same remedies against Xxxxxx as Landlord for the breach of any provision contained in the Lease that Tenant might have had under the Lease against Landlord if Xxxxxx had not succeeded to the interests of Landlord in and to the Premises or under the Lease or entered into possession of the Premises, as the case may be; provided, however, that Lender shall not be: (a) liable for any acts or omissions of any prior landlord (including, but not limited to, Landlord) except that Lender shall be required to cure any continuing defaults, such as failure to maintain parking areas or make necessary repairs; (b) subject to any offsets, deductions or defenses which Tenant might have arising out of acts or omissions of any prior landlord (including, but not limited to, Landlord) except for the right to recapture from rent any reasonable amounts expended by Tenant to cure a default of Landlord for which Xxxxxx had received a copy of notice pursuant to the terms hereof and would have been required to cure upon succeeding to the interest of Landlord; or (c) obligated to give Tenant a credit for and/or acknowledge any rent or other charges which Tenant has paid to Landlord or any prior landlord which is in excess of two months' rent and other charges preceding the effective date of the notice from Lender issued to Tenant regarding Xxxxxx's succeeding to the Landlord's interest under the Lease unless such payment is provided for in the Lease as presently existing or as amended in accordance with this Agreement. Additionally, in the event of Xxxxxx's succession to Landlord's interests in and to the Premises or under the Lease, or entry into possession of the Premises as provided in Section 5, Tenant shall be bound to Lender, as Landlord, under all of the terms, covenants and conditions of the Lease, and Lender, as Landlord, shall, from and after Xxxxxx's succession to the interest of Landlord under the Lease or entry into possession of the Premises, as the case may be, have the same rights ...
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Rights Under the Lease. If MORTGAGEE shall (a) succeed to the interests of LANDLORD in and to the LEASED PREMISES or under the Lease, or (b) enter into possession of the LEASED PREMISES, MORTGAGEE shall be bound to TENANT under all of the terms, covenants and conditions of the Lease, and TENANT shall, from and after MORTGAGEE’s succession to the interests of LANDLORD in and to the LEASED PREMISES or under the Lease or entry into possession of the LEASED PREMISES, as the case may be, have the same remedies against MORTGAGEE as landlord for the breach of any provision contained in the Lease that TENANT might have had under the Lease against LANDLORD if MORTGAGEE had not succeeded to the interests of LANDLORD in and to the LEASED PREMISES or under the Lease or entered into possession of the LEASED PREMISES, as the case may be. Additionally, in the event of MORTGAGEE’s (x) succession to LANDLORD’s interests in and to the LEASED PREMISES or under the Lease, or (y) entry into possession of the LEASED PREMISES, TENANT shall be bound to MORTGAGEE under all of the terms, covenants and conditions of the Lease, and MORTGAGEE shall, from and after MORTGAGEE’s succession to the interest of LANDLORD under the Lease or entry into possession of the LEASED PREMISES, as the case may be, have the same rights and remedies against TENANT for the breach of any provision contained in the Lease that LANDLORD might have had under the Lease against TENANT if MORTGAGEE had not succeeded to the interests of LANDLORD in and to the LEASED PREMISES or under the Lease or entered into possession of the LEASED PREMISES, as the case may be.
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Rights Under the Lease. Nothing herein shall require the Collateral Agent to cure any default of the Borrower under the Lease or to perform under the Lease, but shall only give the Collateral Agent the option to do so.
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Rights Under the Lease. Lessee acknowledges and confirms each of Owner Participant's rights under the Lease.
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Rights Under the Lease. Upon happening and during continuance of any Event of Default, the Trustee, as assignee and pledgee of all right, title and interest of the Authority in and to the Lease, shall have the right, in its own name or in the name of the Authority, to exercise and enforce each and every right granted to the Authority under the Lease; and in case of default by the County under the Lease, the Authority, upon demand of the Trustee, forthwith shall surrender and shall cause the County to surrender to the Trustee actual possession of, and the Trustee may take actual possession of the Interceptor System as for condition broken; and the Trustee, in its discretion, with or without force and pro- cess of law, and before or after declaring the principal of Bonds immediately due, and without any action on the part of Bondholders, by its agents or attorneys, may enter upon, take and maintain possession of all or any part of the Interceptor System, together with all records, documents, books, papers and accounts re- lating thereto, and, as attorney in fact or agent of the Authority or in its own name as Trustee, may hold, manage and operate the Interceptor System and collect all amounts which shall be or shall become payable by reason of such operation and shall apply such amounts as provided under Section 9.06. When all arrears of interest, matured principal and all sums payable to or by the Trustee as provided herein shall have been paid or a sum sufficient to pay the same shall have been deposited with the Trustee, and when every Event of Default shall have been eliminated, then the Trustee shall restore the Interceptor System to the Authority, its successors or assigns, but without prejudice to the right of the Trus- tee to enter, as herein provided, upon happening of any subsequent Event of Default.
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Rights Under the Lease. If Lender shall succeed to the interests of Landlord in and to the Premises or under the Lease, Lender shall not be: (a) liable for any acts or omissions of any prior landlord (including, but not limited to, Landlord); or (b) subject to any offsets, deductions or defenses which Tenant might have arising out of acts or omissions of any prior landlord (including, but not limited to Landlord), which offsets or deductions are in amounts greater than, or which defenses relate to claims for amounts which are greater than, one (1) month’s then current rent, and with respect to which Tenant has provided Lender with any required notice and opportunity to cure in accordance with paragraph 7 hereinbelow; (c) obligated to give Tenant a credit for and/or acknowledge any rent or additional rent which Tenant has paid to Landlord or any prior landlord more than one (1) month in advance of the due date for such rent or additional rent, unless such payment is provided for in the Lease as presently existing or as amended in accordance with this Agreement; or (d) bound by any agreement or modification of the Lease made after the date hereof without Lenders consent, except as permitted by the Mortgage. The foregoing provisions shall be self-operative and effective without the execution of any further instruments on the part of either party hereto. However, Tenant agrees to execute and deliver to Lender or to any person to whom Tenant herein agrees to attorn such other instruments as either shall request in order to effectuate said provisions.
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Related to Rights Under the Lease

  • Persons Having Rights Under the Agreement Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement.

  • IMPLICATIONS UNDER THE LISTING RULES As the relevant percentage ratios (as defined under the Listing Rules) in respect of the maximum amount of financial assistance granted to the Borrowers or their associates pursuant to the Loan Agreement exceed 5% but are under 25%, the transaction contemplated thereunder constitutes a discloseable transaction of the Company and is therefore subject to the announcement requirement but exempt from obtaining Shareholders’ approval under Chapter 14 of the Listing Rules.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Payments under this Agreement In the event that one party (the “Owing Party”) is required to make a payment to another party (the “Owed Party”) pursuant to this Agreement, then such payments shall be made according to this Section 7.05.

  • Persons Having Rights under this Warrant Agreement Nothing in this Warrant Agreement expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the Holders any right, remedy, or claim under or by reason of this Warrant Agreement or of any covenant, condition, stipulation, promise, or agreement hereof.