NYC 9/11 Public Portal Document
net worth shall have been delivered to Landlord at least 10 davs prior to the eflective date of
any such transaction.
Ifil Any assii ent or transfer shall be made only if. and shall not be effective
unitil, the assignee shall execute, acknowledge and deliver to Landlord an agreement in f<[Tin
and substance satisfactory to Landlord whereby the assignee shall assume the obligations of
this Lease on the part of Tenant to be performed or observed and whereby the assignee shall
agree that the provisions in Paragraph (A) shall, notwithstanding such assignment or transfer.
continue to be binding upon it in respect of all future assignments and i. The original
named Tenant covenants that, notwithstanding any assignment or transfer, whether or not in
violation of the provisions of this Lease, and notwithstanding the acceptance of fixed rent
and/or additional rent bv Landlord from an assignee, transferee, or anv other party, the
2rjsina| n j Tenant shall remain fully liable for the payment of the fixed rent and
additional rent and for the other obligations of this Lease on the part of Tenant to be
performed or observed.
ID The joint and several liability of Tenant and anv i;liiliilitlEIC £rr£insi£
successor in interest of Tenant and the due perfi of the obligations of this Lease on
Tenant's part to be performed or observed shall not be discharged, released or impaired in
anv respect bv anv agreement or stipulation made bv Landlord extending the time of. or
modifying any of the obligations of. this Lease, or by any waiver or failure of Landlord to
enforce any of the obligations of this Lease.
(JI The listing of anv name other than that of Tenant, whether on the doors of
the Demised Premises or the Building directory, or otherwise, shall not operate to vest anv
right or interest in this Lease or in the Demised Premises, nor shall it be deemed to be the
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NYC-WTC_000170652
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