Court Decides If Managing Member Of Tenant LLC Liable As Guarantor
Y.B. Associates Group, LLC, as landlord, entered into a written agreement with nonparty Mount Vernon Social Adult Day Care Center, LLC, as tenant. whereby Associates leased a certain building to the Day Care Center. The lease was 20 pages in length and included 70 separately numbered paragraphs. Paragraph 68, which was on the second to last page of the lease, was entitled “Good Guy Clause,” and provided that, in the event of the tenant’s default in its obligations under the lease, including default in the payment of rent, the “undersigned . . . covenants and agrees” to perform the tenant’s obligations up to and including the “Release Date,” with such date defined as the date upon which the tenant surrendered possession of the premises.
The last page of the lease had two signatures, with the first signature placed on the line designated for “TENANT: Mount Vernon Social Adult Day Care Center, LLC,” and the second signature placed on the line designated for “LANDLORD: Y.B. Associates, LLC.” The first signature was acknowledged to be that of Oleg Rubin. Next to Rubin’s signature are the handwritten words, “managing member.” Below Rubin’s signature are two lines of typewritten text, the first of which reads, “By: Mount Vernon Social Adult Day Care Center Mtg Co., LLC, Managing Member,” and the second of which reads, “By: It’s [sic] Managing Member, Oleg Rubin.”
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