Common use of Continued Liability of Tenant Clause in Contracts

Continued Liability of Tenant. If the Tenant makes any assignment, sublease, license, or grant of a concession, the Tenant will nevertheless remain unconditionally liable for the performance and financial obligations of all of the terms, conditions, and covenants of this Lease.

Appears in 3 contracts

Sources: Ground Lease, Ground Lease, Ground Lease

Continued Liability of Tenant. If the Tenant makes any assignment, sublease, license, or grant of a concessionconcession under Paragraph 12.1, the Tenant will nevertheless remain unconditionally liable for the performance and financial obligations of all of the terms, conditions, and covenants of this Lease.

Appears in 1 contract

Sources: Executive Office Lease Agreement (Prospect Acquisition Corp)