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 Sublease. The Sublease is hereby amended as follows: ---------------------
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 Sublease. Section 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. Paragraph l(c) of the Sublease is hereby amended to provide that the Third Amendment and the Fourth Amendment are deemed excluded from, and are not deemed incorporated into, the Sublease.
Amendment to Sublease. Tenant and Subtenant agree not to amend or modify the terms of the Sublease (and, if entered into in violation of this covenant, such amendment or modification shall not be valid) without obtaining the prior written consent of Landlord thereto (and Landlord’s mortgagee), which approval shall not be unreasonably withheld or delayed.
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 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 a. The first sentence of Section 2(b) of Amendment No. 1 is hereby amended in its entirety as follows: "The foregoing provisions of Section 2(a) the contrary notwithstanding, commencing on the date which is six months from and after the Extension Date, Sublessee shall have the right to terminate the Sublease, as amended hereby, upon not less than six (6) months' prior written notice to Sublessor specifying the date upon which such termination shall be effective (the "Early Termination Date.")."
b. Section 16 of the Sublease is hereby amended by deleting the address for Sublessee and replacing such address with the following: Sportime, LLC c/o School Specialty, Inc. 0000 Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxx, XX 00000
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.
