Loading...
HomeMy WebLinkAbout2592 ~ " 4. This Agreement shall not be construed as an agree©ent ~ cancelling the lease nor releasing the Lessee of its obligation ~ to pay rent to the Lessor upon the lease as applicable to any ~ condominium unit at Villa Del Sol Condominium except such units , i as are designated in paragraph 2 hereof, nor shall it be con- . strued as releasing the•Lessee of its obligation to perform the provisions of the lease except for the payment of rent. as waived by the provisions hereof. Lessee, by the execution of this• A reement acknowled es that the lease is in full force and $ g effect. 5. This Agreement shall not be construed as an agreement_ cancelling the subleases described in paragraph 3 zbove nor releasing the Sub-Lessees of such leases from performing their obligations pursuant to the provisions of such subleases, except for the obligation to pay rent. _ 3 6. This Agreement shall not be construed as transferring, assigning or conveying to the Lessee any of Lessor's right, title or~ interest in and to the o::nership of th2_ lease mar as transferring, assigning or conveying to any of the Sub-Lessees any of Lessee's right, title. or interest as Sub-Lessor in and i to the subleases above described. _ ' ~ 7. Lessor covenants and agrees with the Sub-Lessees-that ~ in the event the Lessor cancels and terminates the lease, Sub- " " Lessees shall be allowed to remain in possession of the property demised to them pursuant to the provisions of the sublease agree- • ments and to continue to exercise and enjoy such rights as are 1 granted to them pursuant to the provisions of such sublease agreements with the same force and effect as if Lessor does not cancel and terminate the lease. = 8. This Agreement Waiving Rent shall be binding upon and 3 A • i enure to the benefit of Lessee and Lessor and their successors • and assigns and shall enure to the benefit of the Sub-Lessees, - 3 - o~r~ BROK J~ D~r.~ ~~Q