Direct Lease. Subtenant shall undertake reasonable, affirmative good faith efforts to secure a direct lease of the subject Premises with Master Landlord. Sublandlord desires to terminate its obligations under the Master Lease and Subtenant is willing to permit such termination if (but only if) Master Landlord enters into a direct lease of the Master Premises with Subtenant on the same terms as this Sublease and on such other terms as may be acceptable to Subtenant in its sole and absolute discretion. Subtenant shall have no liability to Sublandlord in the event it does not effect or execute a direct lease with the Master Landlord and any such termination of the Master Lease shall be expressly conditioned on the execution of a direct lease between Subtenant and Master Landlord.
Direct Lease. ShoLodge, at its option, may cause the Additional Property (or one (1) or more, but less than all, of the Additional HPT Hotels and the portion of the Additional Land, the Additional Buildings and the Additional Equipment relating thereto) to be leased to the Prime Texas Subsidiary by the Additional Hotel Subsidiaries (or the appropriate Additional Hotel Subsidiary or Subsidiaries, if only a portion of the Additional Property is so leased) in the same manner as the Texas Property is leased to the Prime Texas Subsidiary pursuant to Article IV, but with the terms of such lease being consistent with Section 3.
Direct Lease. Sublessor shall use its commercially reasonable best efforts to assist Sublessee if Sublessee elects to enter into a new lease with the Prime Landlord, and shall work to reasonably accommodate Sublessee’s preference to execute a new lease and have a direct relationship with the Prime Landlord.
Direct Lease. In the event the Master Lease is terminated prior to the expiration of the Sublease Term, whether as a result of a voluntary termination by Sublandlord or a default on the part of Sublandlord, this Sublease shall, upon notice from Master Landlord to Subtenant, remain in full force and effect as a direct lease between Subtenant and Master Landlord (in which event Subtenant shall attorn to Master Landlord).
Direct Lease. Upon an attornment as set forth in Section 23.c. above, this Lease shall continue in full force and effect as a direct lease between the Successor and Tenant upon all of the then executory terms of this Lease except that such Successor shall not be (i) liable for any previous act, omission or negligence of Landlord under this Lease; (ii) subject to any counterclaim, defense or offset which theretofore shall have accrued to Tenant against Landlord; (iii) bound by any previous modification or amendment of this Lease or by any previous prepayment of more than one month's rent, unless such modification or prepayment shall have been approved in writing by the Lessor or the Mortgagee through or by reason of which the Successor shall have succeeded to the rights of Landlord under this Lease; (iv) liable for any security deposited pursuant to this Lease unless such security has actually been delivered to the Successor; (v) obligated to repair the Premises or the Building or any part thereof in the event of total or substantial damage or partial condemnation, beyond such repair as can reasonably be accomplished from the net proceeds of insurance or condemnation award actually made available to the Successor or (vi) obligated to perform any Landlord's work or other Alterations.
Direct Lease. Subtenant agrees to accept an assignment of the Main Lease or to terminate this Sublease and execute a new direct lease with Overlandlord upon request of Sublessor and Subtenant agrees to execute any and all documents reasonably required by Overlandlord or Sublessor in connection with such assignment or new lease within thirty (30) days after request, including, without limitation: (a) an assumption agreement whereby Subtenant assumes all of the obligations of Sublessor under the Main Lease or such new lease and (b) upon request of Sublessor, a sublease to Sublessor of all or any part of the Subleased Premises then occupied by Sublessor under Paragraph 1(c) and 32 on the same terms and conditions applicable to such occupancy and the Leaseback; provided, however, that: (i) upon or prior to any such assignment of the Main Lease, the Main Lease shall be amended to provide that the annual fixed rent and additional rent thereunder is not more than Fixed Rent and Additional Rent under this Sublease; (ii) the terms thereof are not materially and adversely different from the terms of this Sublease and the Main Lease and do not increase the obligations of Subtenant, as tenant thereunder, except as provided in Paragraph 30(i), or decrease the rights of Subtenant, as tenant thereunder; (iii) such sublease shall be on the terms of the Leaseback (hereinafter defined); and (iv) upon any such assignment or new lease, Sublessor shall be released from all of its obligations under the Main Lease and this Sublease.
Direct Lease. At Subtenant's request, Sublandlord shall cooperate with Subtenant in seeking a termination of the Master Lease with respect to the Subleased Premises and replacement with a direct lease with the Landlord upon terms acceptable to Subtenant in its sole discretion. Nothing herein shall obligate Landlord to enter into such a direct lease, except on the terms set forth in Section 15.6 above.
Direct Lease. It is acknowledged that Assignee is entering into a Lease for Suite 520 with Landlord (the “Direct Lease”).
Direct Lease. Landlord also shall have the option, in the case of a proposed sublease, to sublease the affected space from Tenant on the same terms and conditions as are being offered by the proposed subtenant. This option shall be exercised, if at all, no later than ten (10) days after Tenant has provided all of the information required by Section 13.2.
Direct Lease. 15 31. CONSENT OF LANDLORD UNDER MAIN LEASE AND SECURITY................... 16 32. LEASEBACK SPACE..................................................... 17
