Additional Provisions Regarding Subleases Sample Clauses

Additional Provisions Regarding Subleases. (a) Notwithstanding the provisions of any Sublease, Lessee hereby acknowledges that it is now and continues to be obligated and bound by all of the provisions of this Lease, including but not limited to the provisions relating to the obligation to pay Rent, notwithstanding any delegation of duties or other term of the Sublease. Any such delegation shall be effective only as between Lessee and Sublessee. Lessee further acknowledges that it is not authorized to dispose of the Equipment (except by sublease in accordance with the terms of Section 16.1 or by sale or substitution in accordance with Article VI hereof).
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Additional Provisions Regarding Subleases. In the case of any Sublease proposed by a Lessee (whether to an Eligible Transferee pursuant to Section 4.1 or in accordance with Section 4.3), not less than thirty days prior to the consummation of such Sublease, such Lessee shall deliver to Lessor each of the following: (i) the identity of the proposed subtenant, establishing that the proposed subtenant and Sublease satisfy the applicable criteria set forth in this Article IV, (ii) a copy of the proposed Sublease, and (iii) a standard and customary non-disturbance and attornment agreement, in form and substance satisfactory to the Required Lenders for execution and delivery by Lessor (and which shall contain standard and customary provisions for the benefit of the subtenant's lenders with respect to the rights of the subtenant under the Sublease) and, if applicable, the Administrative Agent. Each Sublease shall contain the following language: "The Tenant hereunder agrees that this Lease is subject and subordinate to the lease under which the Landlord hereunder occupies [insert name of Facility] (the "Overxxxxx", xith the landlord under the Overxxxxx xxx its successors and assigns in interest to [insert name of Facility] or this Lease being hereinafter referred to as the "Overlandlord"), and that in the event of the termination of the Overxxxxx xx in the event the Overlandlord terminates the Landlord's right of possession under the Overxxxxx (xxe date on which either such termination becomes effective being referred to herein as the "Turnover Date"), the Tenant hereunder (unless this Lease is terminated by the Overlandlord or the Overlandlord terminates the Tenant's right of possession under this Lease) shall attorn to the Overlandlord and pay the Overlandlord all of the rents and other monies required to be paid by the Tenant hereunder, and perform all of the terms, covenants, conditions and obligations contained in this Lease [[Insert the following if the Sublease is a "space" sublease:] , and the Overlandlord shall recognize Tenant hereunder, and this Lease shall continue as a direct lease between the Tenant hereunder and Overlandlord upon all of the terms and conditions hereof]; provided however, that (x) in no event shall Overlandlord be liable for any act or omission of any prior landlord (including Landlord); (y) if Overlandlord shall fail to complete (or elect not to complete) any improvements, repair or maintenance required to be completed by Landlord, within a reasonable time after the Turnover ...
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Related to Additional Provisions Regarding Subleases

  • General Provisions Regarding Payments (a) All payments by Borrower of principal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, recoupment, set-off or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than (x) 12:00 p.m. (New York City time) on the date due at the Principal Office designated by Administrative Agent for the account of Lenders; for purposes of computing interest and fees, funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by Borrower on the next succeeding Business Day.

  • General Provisions Regarding Securities (a) The Administrative Trustees shall on behalf of the Trust issue one class of capital securities representing undivided beneficial interests in the assets of the Trust and one class of common securities representing undivided beneficial interests in the assets of the Trust.

  • General Provisions Regarding Accounts 44 SECTION 8.04. Release of Trust Estate..................................................................45 SECTION 8.05.

  • Additional Provisions Relating to Customer 6.1 Representations of Customer and Bank

  • FINAL PROVISIONS 9.1 Any warning, communication, correspondence, notice, request, claim, action, instruction, arbitration notice, summons or service of process related to this Agreement or to any dispute, action, doubt or controversy resulting from or relating to this Agreement shall be deemed delivered when received by the other Party (i) by certified mail, from a recognized courier company, upon actual receipt thereof, (ii) at the time of delivery, if delivered personally, or (iii) on the date of confirmation of receipt of the transmission issued by fax, when sent by fax, as the case may be, to the addresses and telephone/fax numbers listed below (or to any other address or telephone/fax number informed by one of the Parties in writing to the other Parties):

  • General Provisions Regarding Payment; Loan Account (a) All payments to be made by each Borrower under any Financing Document, including payments of principal and interest made hereunder and pursuant to any other Financing Document, and all fees, expenses, indemnities and reimbursements, shall be made without set-off, recoupment or counterclaim. If any payment hereunder becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension (it being understood and agreed that, solely for purposes of calculating financial covenants and computations contained herein and determining compliance therewith, if payment is made, in full, on any such extended due date, such payment shall be deemed to have been paid on the original due date without giving effect to any extension thereto). Any payments received in the Payment Account before 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on such date, and any payments received in the Payment Account at or after 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on the next succeeding Business Day.

  • Additional Terms and Conditions Applicable to Subletting The following terms and conditions shall apply to any subletting by Lessee of all or any part of the Premises and shall be deemed included in all subleases under this Lease whether or not expressly incorporated therein:

  • General Provisions Regarding the Collection Account (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Collection Account shall be invested in Eligible Investments and reinvested by the Indenture Trustee upon Issuer Order; provided, however, that (i) such Eligible Investments shall not mature or be redeemed later than the Business Day prior to the next Payment Date or Special Payment Date, if applicable, for the Recovery Bonds and (ii) such Eligible Investments shall not be sold, liquidated or otherwise disposed of at a loss prior to the maturity or the date of redemption thereof. All income or other gain from investments of moneys deposited in the Collection Account shall be deposited by the Indenture Trustee in such Collection Account, and any loss resulting from such investments shall be charged to such Collection Account. The Issuer will not direct the Indenture Trustee to make any investment of any funds or to sell any investment held in the Collection Account unless the security interest Granted and perfected in such account will continue to be perfected in such investment or the proceeds of such sale, in either case without any further action by any Person, and, in connection with any direction to the Indenture Trustee to make any such investment or sale, if requested by the Indenture Trustee, the Issuer shall deliver to the Indenture Trustee an Opinion of Counsel of external counsel of the Issuer (at the Issuer’s cost and expense) to such effect. In no event shall the Indenture Trustee be liable for the selection of Eligible Investments or for investment losses incurred thereon. The Indenture Trustee shall have no liability in respect of losses incurred as a result of the liquidation of any Eligible Investment prior to its stated maturity or its date of redemption or the failure of the Issuer or the Servicer to provide timely written investment direction. The Indenture Trustee shall have no obligation to invest or reinvest any amounts held hereunder in the absence of written investment direction pursuant to an Issuer Order, in which case such amounts shall remain uninvested.

  • Additional Provision Each party hereby agrees that the Confirmation and thus the Assigned Transaction are each hereby amended as follows:

  • Definitional Provisions (a) The words “hereof,” “herein,” and “hereunder” and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provisions of this Agreement.

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