HomeMy WebLinkAbout0915 4. Thi: Agreement shall not be construed as an~agreeraent
cancelling the.-lease nor releasing tha Lessee of its obligation
to gay rear to the-Lessor upon. the lease as applicable to any
condominium unit at Villa Del Sol Condominium except such units
as are designated in paragraph 2 hereof, nor shall it ba 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.
Agreement, aclt~owledges that the lease is in full force and
effect. - - -
. S. This. Agreement shall not be construed as an agreement_
cancelling the subleases described in paragraph 3 above 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. -
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 the lease nor as
transferring, assigning or conveying to any of the Sub-Lessees
any of Lessee's right, title•or interest as Sub-Lessor in and
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- _
R Lessees shall be allowed to remain in possession of the property
demised to them pursuant to the provisions of-the sublease agree-
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~ meats and to continue to exercise and enjoy such rights as are
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~ granted to them pursuant ro the provisions of such sublease
agreements with the same force and effect as if Lessor does
not cancel and terminate the lease.
t 8. This Agreement Waiving Rent shall lie binding upon and
enure to the benefit of Lessee and Lessor and their successors
and assigns and shall enure to the benefit of the Sub-Lessees,
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