Oregon Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord

State:
Multi-State
Control #:
US-OL4A024BC
Format:
Word; 
PDF
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Description

This office lease provision states that the guarantor's liability is not affected or impaired by any delay by or failure of the landlord in enforcing any of its rights or remedies under the lease or at law, or by any deferral, waiver, or release of the tenant's obligations under the lease or any forbearance by the landlord in exercising any of its rights and remedies or by any other action, inaction, or omission by the landlord. This guaranty is independent of any security or remedies which the landlord has under the law.

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Oregon Provision of Guaranty Stating that it is Unaffected by Any Waiver or Forbearance by Landlord