We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Amendment to Sublease Sample Clauses

Amendment to Sublease. Section 13 of the Sublease is amended (x) to amend the third sentence thereof to read as follows: “Without limiting the foregoing, Sublesee shall maintain with respect to the Subleased Property a reserve (the “Sublease FF&E Reserve”) for capital and FF&E expenditures in an amount equal to (a) 2.5% of (i) gross revenues derived from operations of the Subleased Property (including, without limitation, from operations of the hotel and casino components of the Subleased Property) for the period in question minus (ii) the amount attributable to “comps” for the Subleased Property during such period (the gross revenues net of such comps being referred to for purposes of this Section 13 as the “net revenues”), less (b) any amounts actually expended during such period by Sublessee or Sublessor on account of FF&E (other than from the Sublease FF&E Reserve or FF&E Reserve under the Master Lease, it being understood that amounts expended on account of FF&E from the Sublease FF&E Reserve or the FF&E Reserve under the Master Lease shall not be included in any deductions from the Sublease FF&E Reserve deposit requirements) (the “Required Sublease FF&E Deposit”); provided that if the amount deducted for a period under clause (b) of this sentence exceeds the amount that would otherwise be payable into the Sublease FF&E Reserve under clause (a) of this sentence for such period, Sublessee may reduce the Required Sublease FF&E Deposit for the next period by the amount of such excess.”; and (y) by adding the following language after the third sentence, “On or before each Sublease Rent Payment Date, Sublessee shall fund or cause to be funded the Sublease FF&E Reserve based on Sublessee’s good faith estimate of the Required Sublease FF&E Deposit for the previous month (i.e., Sublessee’s good faith estimate of 2.5% of the net revenues of the Subleased Property for the previous month minus the amounts actually expended by Sublessee or Sublessor on account of FF&E during such month); and concurrently with such funding Sublessee shall provide to Sublessor a written notice of the amount of such funding. Within forty-five days of the end of each Fiscal Quarter, Sublessee shall furnish Sublessor with information setting forth the actual net revenues and actual Required Sublease FF&E Deposit of the Subleased Property for such Fiscal Quarter, including reasonable detail regarding the gross revenues of the Subleased Property and the comps and actual FF&E expenditures deducted to arrive at...
Amendment to SubleaseSection 4 of the Sublease is hereby amended as by --------------------- deleting the date "June 30, 2006" that appears therein and replacing it with the date "September 30, 2006."
Amendment to Sublease. All terms defined in the Recitals of this Amendment are hereby incorporated into the Sublease by this reference. Effective as of the date hereof, the Sublease is hereby amended as follows:
Amendment to SubleaseThe Sublease is hereby amended as follows: ---------------------
Amendment to Sublease. This Consent to Amendment to Sublease (this “Consent to Third Amendment”) is made as of May 5, 2009, by ARE-770/784/790 MEMORIAL DRIVE, LLC, a Delaware limited liability company, having an address of 000 Xxxx Xxxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000 (“Landlord”), INFINITY DISCOVERY, INC., a Delaware corporation, having an address of 000 Xxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx (“Tenant”), and HYDRA BIOSCIENCES, INC., a Delaware corporation, having an address at 000 Xxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx (“Sublessee”) with reference to the following Recitals.
Amendment to Sublease. If Subtenant timely exercises Subtenant’s right to lease the First Offer Space as set forth herein, Sublandlord and Subtenant shall, within fifteen (15) days after Subtenant’s exercise thereof, execute an amendment to the Sublease for such First Offer Space upon the Economic Terms and the other terms and conditions of this this Sublease; provided, however, that such amendment will be subject to the terms of the Prime Lease.
Amendment to Sublease. This Amendment to Lease is made this 31st day of May, 1996, by and between UNITED COMMUNITY BANCSHARES, INC. a Minnesota corporation (hereinafter "Sublessee"), and CENEX, INC. (Formerly Known As, Farmers Union Central Exchange, Incorporated.), a Minnesota corporation (hereinafter "Lessor").
Amendment to SubleaseSection 9 (other than the first sentence) of the Sublease shall not apply to the Expansion Space. Sections 13 and 14 of the Sublease are deleted as of the Expansion Space Delivery Date. Commencing on the Expansion Space Delivery Date, Subtenant shall have all of Wind River's signage rights under the Master Lease.
Amendment to Sublease. (a) Section 1 of the Sublease is hereby deleted in its entirety and replaced with the following:
Amendment to Sublease. Promptly after Subtenant shall have effectively exercised its ROFO Option in respect of any ROFO Space in accordance with the provisions of this Article 23, the parties shall execute, upon the request of either party, any amendment or other documentation reasonably requested to reflect Subtenant's exercise of such ROFO Option and the inclusion of such ROFO Space within the Subleased Premises upon the terms and conditions provided herein, but no such instrument shall be necessary to make such terms and provisions effective.