Common use of Compliance with Prime Lease Clause in Contracts

Compliance with Prime Lease. With the exception of the obligation to pay Base Rental pursuant to Section V.A. of the Prime Lease and to pay Additional Base Rental pursuant to Section V.A. thereof, Sublessee hereby covenants and agrees to comply with and perform, and does hereby assume, all obligations of Sublessor under the Prime Lease including, without limitation, all repair obligations, all insurance obligations, all obligations to pay utility charges and taxes, and all indemnification obligations of Sublessor thereunder, and any liability accruing from failure to pay same when due thereunder. Sublessee agrees that whenever the consent of Prime Lessor is required under the terms of the Prime Lease with respect to any action, Sublessee shall obtain the consent of Sublessor and of Prime Lessor prior to taking such action. Sublessee hereby covenants and agrees to promptly deliver to Sublessor copies of any and all notices or other correspondence received by Sublessee from Prime Lessor that might affect Sublessor in any manner and further agrees, notwithstanding Section 9.04 to the contrary, to so deliver same in the manner most appropriate to insure that Sublessor will be able to respond to any of such notices or other correspondence from the Prime Lessor within any time periods set forth in the Prime Lease.

Appears in 1 contract

Samples: Office Lease Agreement (Diversified Corporate Resources Inc)

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Compliance with Prime Lease. With the exception of the obligation to pay the Base Rental and to pay the Operating Expenses in the form of Adjustment of Base Rental pursuant to Section V.A. of the Prime Lease and to pay Additional Base Rental pursuant to Section V.A. thereofLease, Sublessee hereby covenants and agrees to comply with and perform, and does hereby assume, perform all obligations of Sublessor as tenant under the Prime Lease with respect to the Subleased Premises including, without limitation, all repair obligations, all insurance obligations, all obligations to pay utility charges and taxes, and all indemnification obligations of Sublessor thereunder, and any liability accruing from failure to pay same when due thereunder. Sublessee agrees that whenever the consent content of Prime Lessor is required under the terms of the Prime Lease with respect to any action, . Sublessee shall obtain the consent of Sublessor and of Prime Lessor prior to taking such action. Sublessee hereby covenants and agrees to promptly deliver to Sublessor copies of any and all notices or other correspondence received by Sublessee from Prime Lessor that might affect Sublessor in any manner and further agrees, notwithstanding Section 9.04 to the contrary, to so deliver same in the manner most appropriate to insure that Sublessor will be able to respond to any of such notices or other correspondence from the Prime Lessor within any time periods set forth in the Prime Lease.

Appears in 1 contract

Samples: Lease Agreement (Viewlocity Inc)

Compliance with Prime Lease. With the exception of the obligation to pay the Base Rental and to pay the Operating Expenses in the form of Adjustment of Base Rental pursuant to Section V.A. of the Prime Lease and to pay Additional Base Rental pursuant to Section V.A. thereofLease, Sublessee hereby covenants and agrees to comply with and perform, and does hereby assume, perform all obligations of Sublessor as tenant under the Prime Lease with respect to the Subleased Premises including, without limitation, all repair obligations, all insurance obligations, all obligations to pay utility charges and taxes, and all indemnification obligations of Sublessor thereunder, and any liability accruing from failure to pay same when due thereunder. Sublessee agrees that whenever the consent of Prime Lessor is required under the terms of the Prime Lease with respect to any action, Sublessee shall obtain the consent of Sublessor and of Prime Lessor prior to taking such action. Sublessee hereby covenants and agrees to promptly deliver to Sublessor copies of any and all notices or other correspondence received by Sublessee from Prime Lessor that might affect Sublessor in any manner and further agrees, notwithstanding Section 9.04 to the contrary, to so deliver same in the manner most appropriate to insure that Sublessor will be able to respond to any of such notices or other correspondence from the Prime Lessor within any time periods set forth in the Prime Lease.

Appears in 1 contract

Samples: Sublease Agreement (Viewlocity Inc)

Compliance with Prime Lease. With the exception of the obligation to pay Base Rental pursuant to Section V.A. of the Prime Lease and to pay Additional Base Rental pursuant to Section V.A. thereof, Sublessee hereby covenants and agrees to comply with and perform, and does hereby assume, perform all obligations of Sublessor under the Prime Lease as such obligations relate to the Subleased Premises (hereinafter defined) including, without limitation, all repair obligations, all insurance obligations, all obligations to pay utility charges and taxes, and all indemnification obligations of Sublessor thereunder, and any liability accruing from failure to pay same or perform such obligations when due thereunderdue. Sublessee agrees that whenever the consent of Prime Lessor is required under the terms of the Prime Lease with respect to any action, Sublessee shall will obtain the consent of Sublessor and of Prime Lessor prior to taking such action, which consent will not be unreasonably withheld; provided that Prime Lessor consents to such action. Sublessee hereby covenants and agrees to promptly deliver to Sublessor copies of any and all notices or other correspondence received by Sublessee from Prime Lessor that might affect Sublessor in any manner and further agrees, notwithstanding Section 9.04 9.4 of this Sublease to the contrary, to so deliver same in the manner most appropriate to insure that Sublessor will be able to respond to any of such notices or other correspondence from the Prime Lessor within any time periods set forth in the Prime Lease.

Appears in 1 contract

Samples: Asset Purchase Agreement (Motient Corp)

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Compliance with Prime Lease. With the exception of the obligation to pay Base Rental pursuant to Section V.A. 8 of the Prime Lease and to pay Additional Base Rental Operating Expenses pursuant to Section V.A. 9 thereof, Sublessee hereby covenants and agrees to comply with and perform, and does hereby assume, perform all obligations of Sublessor under the Prime Lease which relates to, or are properly allocated to, the Leased Premises, including, without limitation, all repair obligations, all insurance obligations, all obligations to pay utility charges and taxes, and all indemnification obligations of Sublessor thereunder, and any liability accruing from Sublessee's failure to pay same when due thereunder. Sublessee agrees that whenever the consent of Prime Lessor is required under the terms of the Prime Lease with respect to any action, Sublessee shall obtain the consent of Sublessor and of Prime Lessor prior to taking such action. Sublessee hereby covenants and agrees to promptly deliver to Sublessor copies of any and all notices or other correspondence received by Sublessee from Prime Lessor that might affect Sublessor in any manner and further agrees, notwithstanding Section 9.04 9.3 to the contrary, to so deliver same in the manner most appropriate to insure that Sublessor will be able to respond to any of such notices or other correspondence from the Prime Lessor within any time periods set forth in the Prime Lease.

Appears in 1 contract

Samples: Sublease Agreement (National Bancshares Corp of Texas)

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