Orange County NC Website
Browse       Search
13 <br />Customer agrees and acknowledges that Assignee has not assumed and <br />will not have any obligations or liabilities under this Lease Agreement to <br />Customer or to any other person by reason of the aforementioned <br />assignment or otherwise. Customer agrees that it will not, without <br />Assignee's prior written consent: (i) prepay rentals or other monies owing <br />under this Lease Agreement, (ii) modify or amend this Lease Agreement, <br />(iii) assign or sublet its rights under this Lease Agreement or in the <br />Property, (iv) exercise any of its rights under this Lease Agreement <br />which are exercisable only with the consent of Lessor, or (v) return the <br />Property to Lessor, Customer hereby acknowledging and agreeing to hold <br />the Property as bailee for Assignee for the purpose of perfecting <br />Assignee's lien, title retention and/or security interest in the Property as <br />against Lessor and its creditors. Customer represents that it has no <br />purchase or renewal option concerning the Property other than as stated in <br />this Lease Agreement and Customer hereby agrees to give Assignee at <br />least thirty (30) days prior written notice of the exercise of any such option. <br />In addition, Customer agrees that, at the same time it sends to Lessor any <br />notice under this Lease Agreement, it will send a copy thereof to Assignee <br />at such address as Assignee may specify from time to time in writing. <br />18. NOTICE. All notices provided for herein shall be in writing sent by <br />certified or first class mail, postage prepaid, or by overnight courier with <br />parcel tracking capability, to the address of the party to whom directed as <br />hereinabove set forth, or to such other address as hereafter may be <br />designated in writing by such party for this purpose. <br />18. ENTIRETY, AMENDMENT. REMEDIES AND NON-WAIVER. Any and all <br />Schedule(s) A, including this Full Service Lease Agreement and any other <br />attachments, supplements or schedules referenced herein, collectively <br />constitute the entire agreement between the parties with respect to the <br />subject matter hereof, and there are no understandings or representations <br />not herein contained. <br />This Lease Agreement may not be modified, altered, or amended except <br />by written instrument duly executed by both parties. <br />The rights and remedies herein granted to Lessor are not exclusive, but <br />are in addition to any other rights and remedies available to Lessor at law <br />or otherwise. No delay or omission in the exercise of any power or remedy <br />herein provided or otherwise available to Lessor shall not operate as a <br />waiver or otherwise impair or affect Lessor's rights thereafter to exercise <br />the same. Any extension of time of payment hereunder or other <br />