Common use of Existing Violations Clause in Contracts

Existing Violations. From and after the Lease Assignment Date, Landlord shall pay or otherwise remove all fines, penalties and other monetary charges imposed by reason of the Existing Violations (it being acknowledged that, prior to the Lease Assignment Date, 42DP is obligated to perform the foregoing obligations pursuant to the Initial Ground Lease).

Appears in 2 contracts

Sources: Sublease Agreement (New York Times Co), Sublease Agreement (New York Times Co)