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The Guarantor in consideration of the Vendor making the foregoing assignment at the request of the Guarantor hereby covenants with the Vendor that the Purchaser will at all times hereafter duly pay the rent reserved by the Lease the service charges (if any) and all other payments and costs thereby provided for and will duly observe and perform all the covenants on the part of the Lessee and conditions therein contained and that the Guarantor will at all times hereafter duly observe and perform all covenants on the part of the Guarantor with the Landlord of the property and will at all times hereafter pay and make good to the Vendor on demand all losses costs damages and expenses occasioned to the Vendor by the non-payment of the said rents service charges or other payments or the breach non-observance or non-performance of any of the said covenants and conditions or any breach of the Purchaser's covenants as to payments observance and performance and for indemnity expressed in this assignment and notwithstanding any termination of the obligations of the Purchaser or any successors in title of the Purchaser by reason of disclaimer by any Trustee in bankruptcy or liquidator or the winding-up of the Purchaser or any successor in title of the Purchaser being a Corporation IT IS HEREBY AGREED AND DECLARED that any neglect forbearance or indulgence of the Vendor in enforcing or giving time to the Purchaser (or any Trustee in bankruptcy receiver or liquidator of the Purchaser) for any payments or observance or performance of any obligation shall not in any way release the Guarantor in respect of the Guarantor's liability under this present clause

Analysis of its structure

The Guarantor

in consideration of the Vendor making the foregoing assignment at the request of the Guarantor

hereby covenants with the Vendor

that the Purchaser will at all times hereafter

duly pay

the rent reserved by the Lease

the service charges (if any) and

all other payments and costs thereby provided for

and will duly observe and perform all the covenants on the part of the Lessee and conditions therein contained and

that the Guarantor will at all times hereafter

duly observe and perform all covenants on the part of the Guarantor with the Landlord of the property and

[will at all times hereafter] pay and make good to the Vendor on demand all losses costs damages and expenses occasioned to the Vendor by

the non-payment of the said rents service charges or other payments or

the breach non-observance or non-performance of

any of the said covenants and conditions or

any breach of the Purchaser's covenants as to payments observance and performance and for indemnity expressed in this assignment

and notwithstanding

any termination of the obligations of the Purchaser or any successors in title of the Purchaser

by reason of disclaimer by any Trustee in bankruptcy or liquidator or the winding-up of the Purchaser or any successor in title of the Purchaser being a Corporation

IT IS HEREBY AGREED AND DECLARED that

any neglect forbearance or indulgence of the Vendor

in enforcing or giving time to the Purchaser (or any Trustee in bankruptcy receiver or liquidator of the Purchaser)

for any payments or observance or performance of any obligation

shall not in any way release the Guarantor in respect of the Guarantor's liability under this present clause