TO THE TENANT BY ANY BREACH NON-OBSERVANCE OR NON-PERFORMANCE OF ANY
OF THE OBLIGATIONS COVENANTS AGREEMENTS AND CONDITIONS AS AFORESAID
8.3
FOR THE AVOIDANCE OF DOUBT THE OBLIGATIONS OF
THE LANDLORD'S GUARANTOR UNDER SUB-CLAUSES 8.1 AND 8.2 ABOVE SHALL REMAIN
EFFECTIVE FOR THE FULL DURATION OF THE TERM NOTWITHSTANDING (I) ANY SALE (OR
OTHER DISPOSITION) OF THE LANDLORD'S REVERSIONARY INTEREST TO THIS LEASE AND/OR
(II) ANY OF THE CIRCUMSTANCES DESCRIBED (OR ANALOGOUS TO THOSE DESCRIBED) IN
SUB-CLAUSES 7.1.1(D), 7.1.1(E), 7.1.1(F), 7.1.1(G) OR 7.1.1(H) HEREOF OCCURRING
IN RELATION TO EITHER THE LANDLORD OR THE MANAGEMENT COMPANY.
IN THE EVENT THAT
EITHER SUCH EVENT OCCURS, THE
34
LANDLORD'S GUARANTOR WILL, AT ITS SOLE COST AND EXPENSE, PROMPTLY ENTER INTO A
DEED DIRECTLY WITH THE TENANT (IN A FORM REQUIRED BY THE TENANT) TO GIVE FULL
EFFECT TO THE INTENTION THAT THE GUARANTEES GIVEN BY THE LANDLORD'S GUARANTOR
HEREUNDER SHALL CONTINUE ON THE BASIS SET OUT IN THIS SUB-CLAUSE 8.3
8.4
THE OBLIGATIONS OF THE LANDLORD'S GUARANTOR
HEREUNDER SHALL NOT BE RELEASED, REDUCED, EXONERATED OR IN ANY WAY AFFECTED BY:
8.4.1
ANY NEGLECT, DELAY OR FORBEARANCE ON THE
PART OF THE TENANT IN TAKING STEPS TO ENFORCE THE PERFORMANCE AND OBSERVANCE OF
AND COMPLIANCE WITH ANY OF THE COVENANTS, OBLIGATIONS AND CONDITIONS ON THE PART
OF THE LANDLORD OR THE MANAGEMENT COMPANY HEREIN CONTAINED, OR
8.4.2
ANY VARIATION OF THIS LEASE WITH THE
CONSENT OF THE LANDLORD'S GUARANTOR (OR WITHOUT THE CONSENT OF THE LANDLORD'S
GUARANTOR WHERE SUCH VARIATION SHALL NOT INCREASE THE LIABILITY OF THE
LANDLORD'S GUARANTOR) PROVIDED THAT (AND THE LANDLORD'S GUARANTOR EXPRESSLY
AGREES THAT) ANY VARIATION OF THIS LEASE NOT BEING OF THE MANNER DESCRIBED IN
THIS SUB-8.4.2 SHALL ONLY TAKE EFFECT TO RELEASE THE LANDLORD'S GUARANTOR FROM
LIABILITY TO THE EXTENT OF THE INCREASED LIABILITY ARISING OUT OF SUCH VARIATION
TO THE INTENT THAT, FOR THE FULL DURATION OF THE TERM, THE LANDLORD'S GUARANTOR
SHALL REMAIN LIABLE TO THE TENANT UNDER THIS CLAUSE 8 TO THE EXTENT OF SUCH
LIABILITY AS EXISTED AT THE DATE HEREOF
8.4.3
THE LANDLORD OR THE MANAGEMENT COMPANY
CEASING TO EXIST OR HAVING AN ADMINISTRATION ORDER OR ANY OTHER CIRCUMSTANCE IN
THE NATURE OF THOSE DESCRIBED IN SUB-CLAUSE 8.4.2 ABOVE MADE AGAINST EITHER OF
THEM, OR
8.4.4
ANY OTHER MATTER WHICH, BUT FOR THIS
PROVISION, WOULD OR MIGHT OPERATE TO AFFECT, REDUCE OR EXTINGUISH THE LIABILITY
OF THE LANDLORD'S GUARANTOR UNDER THIS LEASE IN WHOLE OR IN PART
9.
TENANT'S GUARANTOR'S OBLIGATIONS
In consideration of the Landlord entering into this lease, the Tenant's
Guarantor as a principal obligor agrees with the Landlord that:
9.1
GUARANTEE
Until the expiry of this lease or until any earlier date when the Tenant's
Guarantor is released by virtue of the Landlord and Tenant (Covenants) Act 1995
from its obligations under this sub-clause:
9.1.1
THE TENANT'S OBLIGATIONS UNDER THIS LEASE
WILL BE PERFORMED;
9.1.2
THE TENANT WILL COMPLY WITH ANY AUTHORISED
GUARANTEE AGREEMENT WHICH IT ENTERS INTO ON A TRANSFER OF THIS LEASE; AND
9.1.3
TO THE EXTENT