Compliance with Underlying Lease. Sublessee covenants and agrees to observe and perform all of the terms, covenants, conditions, provisions and agreements to be performed by Sublessor, as tenant pursuant to the Underlying Lease, except for any Excluded Provisions, and further covenants and agrees not to do or suffer or permit anything to be done which would result in a default under or cause the Underlying Lease to be terminated. All of the terms, covenants, conditions, provisions and agreements of the Underlying Lease, excepting any Excluded Provisions, are hereby incorporated herein with the same force and effect as if herein set forth in full and wherever the term "Tenant" in the Underlying Lease, the same shall be deemed to refer to Sublessee. However, all grace periods specified in the Underlying Lease shall, for purposes of determining compliance by Sublessee with the provisions hereof, be each reduced by five (5) days. In relation to Sublessee performing the obligations of Sublessor, as tenant pursuant tote Underlying Lease, said obligations shall be those of Sublessor in relation to the demised premises. Sublessee shall and hereby does indemnify, defend and hold Sublessor harmless from and against any and all actions, claims, demands, damages, liabilities and expenses asserted against, imposed upon or incurred by Sublessor by reason of (a) any violation caused, suffered or permitted by Sublessee, its agents, contractors, servants, licensees, employees or invitees, of any of the terms, covenants, conditions, provisions or agreements of the Underlying Lease, and (b) any damage or injury to persons or property occurring upon or in connection with the use or occupancy of the demised premises.
Compliance with Underlying Lease. Sublessee covenants and agrees to observe and perform all of the terms, covenants, conditions, provisions and agreements to be performed by Sublessor, as tenant pursuant to the Underlying Lease, except for any Excluded Provisions, and further covenants and agrees not to do or suffer or permit anything to be done which would result in a default under the Underlying Lease or cause the Underlying Lease to be terminated. All of the terms, covenants, conditions, provisions and agreements of the Underlying Lease, excepting any Excluded Provisions, are hereby incorporated herein with the same force and effect as if herein set forth in full and wherever the term "Tenant" occurs in the Underlying Lease, the same shall be deemed to refer to Sublessee. Notwithstanding the foregoing, all grace periods specified in Article 25 of the Underlying Lease shall, for purposes of determining compliance by Sublessee with the provisions hereof, be each reduced by three (3) days, with respect to any monetary default cure period and by ten (10) days, with respect to any non-monetary default cure period, therein provided. The obligations of Sublessee provided above in this Article 7 shall refer only to those obligations of Sublessor under the Underlying Lease that relate to the demised premises.
Compliance with Underlying Lease. (A) Notwithstanding the granting of the leasehold interest created by the Underlying Lease in the Premises to the Agency pursuant to the Underlying Lease, the Company agrees, in consideration of the undertakings of the Agency set forth herein, that the Company will be and remain solely liable under the Underlying Lease for the performance of all covenants, agreements, obligations and duties of the Agency as tenant under the Underlying Lease, including, but not limited to, the making of all rental and other payments thereunder, and the Company will perform all of the covenants, agreements and obligations of the Agency as tenant under the Underlying Lease, at no expense to the Agency, in consideration of the execution and delivery by the Agency of the Basic Documents.
Compliance with Underlying Lease. Sublessee covenants and agrees to observe and perform all of the terms, covenants, conditions, provisions and agreements to be performed by Sublessor, as tenant pursuant to the Underlying Lease, except for any Excluded Provisions, and further covenants and agrees not to do or suffer or permit anything to be done which would violate the Underlying Lease or result in a default under or cause the Underlying Lease to be terminated. All grace periods specified in the Underlying Lease shall, for purposes of determining compliance by Sublessee with the provisions hereof, be each reduced by five (5) days.
Compliance with Underlying Lease. (A) Notwithstanding the granting of the leasehold interest created by the Underlying Lease in the Premises to the Agency pursuant to the Underlying Lease, the Real Estate Owner agrees, in consideration of the undertakings of the Agency set forth herein, that the Real Estate Owner will be and remain solely liable under the Underlying Lease for the performance of all covenants, agreements, obligations and duties of the Agency as tenant under the Underlying Lease, including but not limited to the making of all rental and other payments thereunder, and the Real Estate Owner will perform all of the covenants, agreements and obligations of the Agency as tenant under the Underlying Lease, at no expense to the Agency, in consideration of the execution and delivery by the Agency of the Basic Documents.
Compliance with Underlying Lease. (a) Sublessee covenants and agrees, to the extent the same relates to the Premises, to observe and perform all terms, covenants, and conditions to be performed by Sublessor, as Lessee, under the Lease, and further covenants and agrees not to do or suffer or permit anything to be done which would result in a default under or cause the Lease to be terminated. All terms, covenants, and conditions of the Lease are incorporated herein with the same force and effect as if herein set forth in full and wherever the term "Lessee" occurs in the Lease the same shall be deemed to refer to Sublessee and wherever the term "Lessor" occurs in the Lease, the same hall be deemed to refer to Sublessor, except as limited by Section 6 below. However, all grace and cure periods specified in the Lease shall, for purposes of determining compliance by Sublessee with the provisions herein, be each reduced by two (2) days.
Compliance with Underlying Lease. 7 Non-Liability, Indemnity...........................................7
Compliance with Underlying Lease. All rights and obligations contained in the Underlying Lease conferred and imposed upon Park Board, to the extent applicable to the Rooftop Deck, shall be considered rights and obligations of Sublessee hereunder. Park Board represents and warrants that Sublessee, as Landlord under the Underlying Lease, has consented to the terms and conditions of this Sublease. Sublessee acknowledges and agrees that it has been provided a copy of the Underlying Lease and will occupy the Rooftop Deck in compliance with the terms thereof, except as specifically set forth in this Sublease.
Compliance with Underlying Lease. Lessor shall not do or permit anything to be done which would constitute a default under the Underlying Lease or cause the Underlying Lease to be terminated.
Compliance with Underlying Lease. Subtenant covenants and agrees to observe and perform all of the terms, covenants, conditions, provisions and agreements to be performed with respect to the demised premises, as tenant pursuant to the Underlying Lease, except for any Excluded Provisions, and further covenants and agrees not to do or suffer or permit anything to be done which would result in a default under or cause the Underlying Lease to be terminated. All of the terms, covenants, conditions, provisions and agreements of the Underlying Lease, excepting any Excluded Provisions, are hereby incorporated herein with the same force and effect as if herein set forth in full and wherever the term "Tenant" occurs in the Underlying Lease, the same shall be deemed to refer to Subtenant with respect to the demised premises.
