Common use of Continuation of Sublease Clause in Contracts

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under the Master Lease is abated.

Appears in 2 contracts

Samples: Sublease (Macrogenics Inc), Sublease (Renovis Inc)

AutoNDA by SimpleDocs

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) Section 23.1 above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately in proportion to the extent rent payable under to which such damage or destruction impairs Subtenant’s use of or access to the Master Lease is abatedSublease Premises.

Appears in 2 contracts

Samples: Sub Sublease (Cytokinetics Inc), Sublease (Cytokinetics Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and subject to an abatement of Rent shall be abated proportionately as provided by the terms of the Master Lease incorporated herein to the extent rent payable under applicable to the Master Lease is abatedPremises.

Appears in 2 contracts

Samples: Sublease Agreement (Techwell Inc), Sublease Agreement (Microtel International Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above), this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under the Master Lease is abatedin accordance with Section 4 of this Sublease.

Appears in 2 contracts

Samples: Sublease Agreement (Advanced Cell Technology, Inc.), Sublease Agreement (Avigen Inc \De)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under the Master Lease is abatedin accordance with Section 4(d) of this Sublease.

Appears in 2 contracts

Samples: Sublease Agreement (Avigen Inc \De), Sublease Agreement (Biotime Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, effect and Rent Subtenant shall be abated proportionately entitled to any reduction or abatement of Rent in an amount in proportion to the extent rent payable corresponding reduction in Rent for the Subleased Premises which Sublandlord receives under the Master Lease is abatedLease. Sublandlord shall exercise diligent efforts to enforce any obligation of Landlord to rebuild the Subleased Premises in accordance with the Master Lease.

Appears in 1 contract

Samples: Iomega Corp

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under the Master Lease is abatedin accordance with Section 5(d) of this Sublease.

Appears in 1 contract

Samples: Sublease (Salmedix Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect; provided, and however, that the Rent due hereunder shall be abated proportionately to the extent and in proportion to the reduction in base rent payable and additional rent due under the Master Lease is abatedpursuant to the terms thereof. Sublessee shall be obligated to repair its Alterations to substantially the condition they were in prior to such damage or destruction, and Sublessor shall diligently enforce any obligation of Landlord to rebuild the Premises in accordance with the Master Lease.

Appears in 1 contract

Samples: Sub Sublease (Zoran Corp \De\)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately . Despite anything contained in the Master Lease to the extent rent payable contrary, as between Sublessor and Sublessee only, in the event of damage to or condemnation of the Sublet Space, all insurance proceeds or condemnation awards received by Sublessor under the Master Lease is abatedwill be deemed to be the property of Sublessor, and Sublessor will have no obligation to rebuild or restore the Sublet Space.

Appears in 1 contract

Samples: Sublease Agreement (Starent Networks, Corp.)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect; provided, and however, that the Rent due hereunder shall be abated proportionately to the extent and in proportion to the reduction in base rent payable and additional rent due under the Master Lease is abatedpursuant to the terms thereof. Sublessee shall be obligated to repair its alterations to substantially the condition they were in prior to such damage or destruction, and Sublessor shall diligently enforce any obligation of Landlord to rebuild the Premises in accordance with the Master Lease.

Appears in 1 contract

Samples: Sublease Agreement (Actionpoint Inc)

AutoNDA by SimpleDocs

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, effect and Rent Sublessee shall be abated proportionately entitled to any reduction or abatement of Base Rent in an amount in proportion to the extent corresponding reduction in base rent payable for the Premises which Sublessor receives under the Master Lease is abatedLease.

Appears in 1 contract

Samples: Sublease Agreement (MLC Holdings Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under in accordance with Article VIII of the Master Lease is abated.Lease

Appears in 1 contract

Samples: Sublease (Broadvision Inc)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) abovedestruction, this Sublease shall remain in full force and effect, and Rent shall be abated proportionately to the extent rent payable under the Master Lease is abatedin accordance with Section 3(c) of this Sublease.

Appears in 1 contract

Samples: Sublease Agreement (Asterias Biotherapeutics, Inc.)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) above, this Sublease shall remain in full force and effect, effect and Rent Subtenant shall be abated proportionately entitled to any reduction or abatement of Rent in an amount in proportion to the extent rent payable corresponding reduction in Rent for the Sublease Premises which Sublandlord receives under the Master Lease is abatedLease. Sublandlord shall exercise diligent efforts to enforce any obligation of Landlord to rebuild the Sublease Premises in accordance with the Master Lease.

Appears in 1 contract

Samples: Sublease (Hollis Eden Pharmaceuticals Inc /De/)

Continuation of Sublease. If the Master Lease or this Sublease is not terminated following any damage or destruction as provided in subsection (a) aboveabove or as otherwise provided for herein, this Sublease shall remain in full force and effect, effect and Rent Sublessee shall be abated proportionately entitled to any reduction or abatement of Base Rent in an amount equal to the extent rent payable reduction in Base Rent for the Sublet Space which Sublessor receives under the Master Lease is abatedLease. Sublessor shall use its commercially reasonable efforts to enforce any obligation of Landlord to rebuild the Sublet Space in accordance with the Master Lease.

Appears in 1 contract

Samples: Sublease Agreement (Seven Networks Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.