Condition Precedent; Incorporation; Term Clause Samples
Condition Precedent; Incorporation; Term. (a) A condition precedent to the effectiveness of this Sublease is the written consent of the Prime Landlord to this Sublease.
(b) Subject to the applicable provisions of Section 30(t) below, prior to the commencement of the Sublease Term (as defined below) Sublandlord shall (i) execute and deliver to Subtenant a current ▇▇▇▇ of Sale substantially in the form of Exhibit D with respect to the furniture and equipment listed in Schedule ▇-▇ (the “Transferred Personal Property”), and (ii) execute and deliver to Subtenant’s designated attorney to be held in escrow an undated ▇▇▇▇ of Sale substantially in the form of Exhibit D with respect to the furniture and equipment listed in Schedule B-2 (the “Leased Personal Property”).
(c) The Reference Information set forth above is incorporated in this Sublease as if fully set forth herein.
(d) Sublandlord subleases to Subtenant, and Subtenant subleases from Sublandlord, the Premises, together with any and all rights appurtenant thereto, as set forth in the Prime Lease, for a term (the “Sublease Term”) commencing on February 1st, 2008 (the “Commencement Date”) and ending on March 31, 2011, unless extended or earlier terminated as set forth below (the “Expiration Date”). Subtenant’s appurtenant rights include all parking right under Section 15.2 of the Prime Lease.
(e) From and after Monday December 17, 2007, and through the commencement of the Sublease Term, Subtenant shall have access to the Premises for the purposes of installing and constructing Subtenant’s furniture, cable and wiring subject to all of the terms and conditions of this Sublease, but without the obligation to pay Base Rent, but with the obligation to pay for electricity and telecom charges as provided below.
(f) Upon the expiration or earlier termination of this Sublease, Subtenant shall surrender the Premises in the same broom-clean and good order, repair and condition as they are in on the Commencement Date, provided however, that (i) ordinary wear and tear, (ii) loss by condemnation and casualty, and (iii) those alterations and improvements to the Premises made by or on behalf of Subtenant and approved by Sublandlord and Prime Landlord to remain at the end of the Sublease Term are excepted. At its sole cost and expense, Subtenant shall repair any damage to the Premises caused by Subtenant’s use thereof, or by the removal of Subtenant’s property therefrom.
(g) Provided that Subtenant has satisfied the following conditions before January 1, 2011, then...
