Rights of Sublessor Sample Clauses

Rights of Sublessor. The Guarantor agrees that the rights of the Sublessor and any of the obligations and liabilities of the Guarantor created hereunder shall not in any manner whatsoever be reduced, discharged, diminished, impaired or affected by any or more of the events, circumstances or occurrences described in paragraphs a through e inclusive. (a) Extensions, Modifications and Adjustments. Any renewal, extension, modification, alteration or any indulgence, delay, adjustment, forbearance or compromise that might be granted or given by Sublessor to the Sublessee or the Guarantor with respect to the Guaranteed Obligations (including but not limited to any maturity(ies) thereof) or any part or parts hereof, or any other agreement, contract or instrument between Sublessee and Sublessor or any other person or party, pertaining to the Guaranteed Obligations; or,
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Rights of Sublessor. Except as otherwise provided within this Sublease, in the event of any default of Sublessee under this Sublease, Sublessor shall have all of the rights and remedies of Master Landlord under the Master Lease as against Sublessee. Any provision of the Master Lease requiring the consent of Master Landlord shall be deemed to require: (i) the consent of Master Landlord, in its sole discretion; and (ii) except for any provisions listed on Schedule 7.4 attached hereto and by this reference made a part hereof, the consent of Sublessor.
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Rights of Sublessor. Guarantor authorizes Sublessor, without notice or demand and without affecting its liability hereunder, from time to time to (a) extend, accelerate, or otherwise change the time for any payment provided for in the Sublease, or any covenant, term or condition of the Sublease, in any respect to impair or suspend the Sublessor's remedies or rights against Sublessee in connection with the Sublease, and to consent to any assignment, subletting or reassignment of the Sublease; (b) take and hold security for any payment provided for in the Sublease or for the performance of any covenant, term or condition of the Sublease, or exchange, waive or release any such security; (c) apply such security and direct the order or manner of sale thereof as Sublessor in its discretion may determine. Sublessor may without notice assign this Guaranty, the Sublease, or the rents and other sums payable thereunder. Notwithstanding any termination, renewal, extension or holding over of the Sublease, this Guaranty shall continue until all of Sublessee's Obligations have been fully and completely performed by Sublessee or any assignee of the Sublease. Guarantor shall not be released by any act or event which might, but for this provision of this Guaranty, be deemed a legal or equitable discharge of a surety, or by reason of any waiver, extension, modification, forbearance or delay or other act or omission of Sublessor or its failure to proceed promptly or otherwise as against Sublessee or Guarantor, or by reason of any action taken or omitted or circumstance which may or might vary the risk or affect the rights or remedies of Guarantor as against Sublessee, or by reason of any further dealings between Sublessee and Sublessor, whether relating to the Sublease or otherwise, and Guarantor hereby expressly waives and surrenders any defense to its liability hereunder based upon any of the foregoing acts, omissions, things, agreements, waivers or any of them; it being the purpose and intent of this Guaranty that the obligations of Guarantor hereunder are absolute and unconditional under any and all circumstances. Guarantor further agrees that to the extent Sublessee or Guarantor makes any payment to Sublessor in connection with Sublessee's Obligations and all or any part of such payment is subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid by Sublessor or paid over to a trustee, receiver or any other entity, whether under any bankruptcy ac...
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Rights of Sublessor. Sublessor reserves the right at reasonable times during the regular business hours, by itself or its fully authorized agents, upon no less than 24 hours’ written notice, to make reasonable inspections of all or any part of the Premises. Sublessor may at reasonable times upon reasonable notice (presumed to be three (3) business days), access the Premises to make repairs, alterations and additions to the Premises as permitted elsewhere in this Sublease. Notwithstanding the foregoing, Sublessor shall not enter the Premises during the time the Sublessee has an event in the Premises or is preparing for such an event therein, except in the case of emergencies. Sublessor reserves the right, by itself or its duly authorized agents, to exercise its rights under this Section 22 at any time in case of emergency.
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Rights of Sublessor. If Sublessee fails to timely perform any of its duties under this Sublease, Sublessor shall have the right (but not the obligation) after the expiration of any applicable notice and/or cure period, to perform such duty on behalf and at the expense of Sublessee, without further notice to Sublessee, and all sums incurred by Sublessor in performing such duty shall be considered Additional Rent under this Sublease and shall be due and payable upon demand by Sublessor.
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Rights of Sublessor. Guarantor authorizes Sublessor without notice ------------------- or demand and without affecting Guarantor's liability under this Guarantee, from time to time, to (a) renew, compromise, extend, accelerate or otherwise change the time for payment of, or otherwise change the terms of the Obligations, including amending the Sublease; (b) take and hold security for the payment of this Guarantee or the Obligations, and exchange, enforce, waive and release any such security; (c) apply such security and direct the order or manner of sale thereof as Sublessor in his discretion may determine; (d) permit the assignment of the Sublease by Sublessee; or (e) release or substitute any one or more endorsers or Guarantors. Sublessor may without notice assign this Guarantee in whole or in part.
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Related to Rights of Sublessor

  • Rights of Subrogation No Loan Guarantor will assert any right, claim or cause of action, including, without limitation, a claim of subrogation, contribution or indemnification that it has against any Obligated Party, or any collateral, until the Loan Parties and the Loan Guarantors have fully performed all their obligations to the Administrative Agent, the Issuing Bank and the Lenders.

  • Waiver of Rights of Subrogation Notwithstanding anything to the contrary elsewhere contained herein or in any other Loan Document to which Guarantor is a party, Guarantor hereby expressly waives with respect to Borrower and its successors and assigns (including any surety) and any other Person which is directly or indirectly a creditor of Borrower or any surety for Borrower, any and all rights at law or in equity to subrogation, to reimbursement, to exoneration, to contribution (except as specifically provided in Section 11 below), to setoff or to any other rights that could accrue to a surety against a principal, to a guarantor against a maker or obligor, to an accommodation party against the party accommodated, or to a holder or transferee against a maker, and which Guarantor may have or hereafter acquire against Borrower or any other such Person in connection with or as a result of Guarantor's execution, delivery and/or performance of this Guaranty or any other Loan Document to which Guarantor is a party. Guarantor agrees that it shall not have or assert any such rights against Borrower or its successors and assigns or any other Person (including any surety) which is directly or indirectly a creditor of Borrower or any surety for Borrower, either directly or as an attempted setoff to any action commenced against Guarantor by Borrower (as a Borrower or in any other capacity), Beneficiary or any other such Person. Guarantor hereby acknowledges and agrees that this waiver is intended to benefit Borrower and Beneficiary and shall not limit or otherwise affect Guarantor's liability hereunder, under any other Loan Document to which Guarantor is a party, or the enforceability hereof or thereof.

  • Waiver of Subrogation Rights The Contractor shall require the carriers of required coverages to waive all rights of subrogation against the County, District, and their officers, employees, agents, volunteers, contractors and subcontractors. All general or auto liability insurance coverage provided shall not prohibit the Contractor and Contractor’s employees or agents from waiving the right of subrogation prior to a loss or claim. The Contractor hereby waives all rights of subrogation against the County and District.

  • Our Right of Subrogation and/or Reimbursement Subrogation

  • Postponement of Subrogation Each Grantor agrees that it will not exercise any rights against another Grantor which it may acquire by way of rights of subrogation under any Loan Document to which it is a party until following the Termination Date. No Grantor shall seek or be entitled to seek any contribution or reimbursement from the Borrower or any of the Subsidiaries, in respect of any payment made under any Loan Document or otherwise, until following the Termination Date. Any amount paid to any Grantor on account of any such subrogation rights prior to the Termination Date shall be held in trust for the benefit of the Lender and shall immediately be paid and turned over to the Lender in the exact form received by such Grantor (duly endorsed in favor of the Lender, if required), to be credited and applied against the Obligations, whether matured or unmatured, in accordance with Section 6.1(b); provided that if such Grantor has made payment to the Lender of all or any part of the Obligations and the Termination Date has occurred, then at such Grantor’s request, the Lender will, at the expense of such Grantor, execute and deliver to such Grantor appropriate documents (without recourse and without representation or warranty) necessary to evidence the transfer by subrogation to such Grantor of an interest in the Obligations resulting from such payment. In furtherance of the foregoing, at all times prior to the Termination Date, such Grantor shall refrain from taking any action or commencing any proceeding against the Borrower or any of the Subsidiaries (or their successors or assigns, whether in connection with a bankruptcy proceeding or otherwise) to recover any amounts in respect of payments made under this Security Agreement to the Lender.