Grant of Sublease Sample Clauses
Grant of Sublease. If a Seller is unable to obtain a Property Third Party Consent from a Landlord for the transfer of a Transferred Leased Property the provisions of this paragraph 1.11 of Part 4 of Schedule 2 shall apply:
1.11.1 where a Lease permits a sublease to be granted without the requirement for any Property Third Party Consent from the Landlord, the Seller shall procure that the owner of the Transferred Property in question shall grant to the Purchaser a sublease of the Transferred Leased Property on the same rent and other terms and conditions as the Lease of the Transferred Leased Property with such changes as are appropriate and agreed between the Seller in relation to the Transferred Leased Property in question and the Purchaser acting reasonably and the term of the sublease shall be the term of such Lease less one day; and
1.11.2 where the Transferred Leased Property is held from a Landlord on terms which require the consent of the Landlord to:
(i) the grant of a sublease; or
(ii) the terms on which a sublease is granted, the Seller in relation to the Transferred Leased Property in question shall use all reasonable endeavours to obtain such consent (“Sublease Consent”) from such Landlord. Where the Seller is able to obtain the appropriate Sublease Consent (or, where applicable, the court of competent jurisdiction referred to in paragraph 1.12.1 of this Part 4 of Schedule 2 declares that the Sublease Consent has been unreasonably withheld or delayed), the Seller shall procure that the owner of the Transferred Property in question shall grant to the Purchaser a sublease of the Transferred Leased Property on the same rent and other terms and conditions as the Lease of the Transferred Leased Property with such changes as are appropriate and agreed between the Seller and the Purchaser acting reasonably and the term of the sublease shall be the term of such Lease less one day.
Grant of Sublease. Sublandlord does hereby sublease to Subtenant, and Subtenant hereby subleases from Sublandlord, the Premises, subject to the terms and conditions of this Sublease and the Master Lease. All of the terms of the Master Lease are incorporated into this Sublease, as if fully set forth in this Sublease; provided, however, in the event any of the terms of this Sublease conflict with the Master Lease, the terms of this Sublease shall control. Subtenant shall use the Premises solely for general office purposes.
Grant of Sublease. Subject to the consent of the Head Landlord, the Sublandlord subleases the Leased Premises (referred to as the “Sublet Premises” in this Sublease) from the Sublandlord for the balance of the Term, less one day (the “Sublease Term”).
Grant of Sublease. The Sublandlord subleases the Sublet Premises to the Subtenant and the Subtenant subleases the Sublet Premises from the Sublandlord for the Sublease Term, on the terms and conditions set forth in this Sublease and the Head Lease. As applied to this Sublease, the words “Landlord” and “Tenant” in the Head Lease will be deemed to refer to Sublandlord and Subtenant, respectively, under this Sublease. The covenants, agreements, provisions and conditions of the Head Lease, to the extent that they relate to the Sublet Premises and to the extent that they are not inconsistent with the terms of this Sublease, are made a part of and incorporated into this Sublease as if recited In full in this Sublease. As between the Sublandlord and the Subtenant, in the event of a conflict between the terms of the Head Lease and the terms of this Sublease, the terms of this Sublease will prevail.
Grant of Sublease. For and in consideration of the rents, covexxxxx xxx xgreements in the Primary Lease and in this Sublease, Sublessor demises and subleases to Subtenant and Subtenant takes and subleases from Sublessor the Demised Premises with the right and privilege to exclusively occupy and use the Building and together with all other rights, privileges, easements, appurtenances, and amenities belonging to or in any way pertaining to the Demised Premises, upon and subject to the terms of this Sublease and the terms of the Primary Lease. Notwithstanding anything in this Sublease apparently to the contrary, except as provided in Section A of Part III hereof, Subtenant shall have no rights under Sections 1.3 or 1.4 of the Primary Lease or under Article XXII thereof, which rights are reserved by Sublessor. Subject to the preceding sentence, Sublessor authorizes and instructs Subtenant to pay Rent directly to Owner, and to directly deal with Owner as if Subtenant were the tenant under the Primary Lease. Notwithstanding the foregoing, however, Subtenant acknowledges that it has no privity of contract with Owner, and that Owner's sole obligations under the Lease inure to Sublessor.
Grant of Sublease. 1.1 The Sublandlord hereby demises to the Subtenant by way of sublease that portion of the Sublease Premises comprising approximately 161.45 square feet and the Sublandlord hereby licenses the Subtenant in common with others to use the kitchen, reception, board room and connecting hallways comprising approximately of 1,027 square feet, initially, for a two (2) year period commencing December 1, 2004 and renewable, if the Sublandlord and Subtenant agree to renew, every one (1) year thereafter until November 30, 2010 (the "Sublease Term").
1.2 For the period commencing December 1, 2004, the Subtenant shall pay to the Sublandlord at its address on Page 1 of this Sublease, or at such other place as the Sublandlord may from time to time in writing direct, as rent, without any deduction, set off or abatement, $800.00 plus GST for the Premises and Operating Expenses per month, payable in advance on or before the first day of each month, commencing on December 1, 2004.
Grant of Sublease. 2.1 In consideration of the Sub-Lessee paying the Charge to the Lessor as set out in clause 3 below and subject to the consent of SES continuing during the Term, the Lessor hereby grants to the Sub-Lessee the full and exclusive right during the Term to use the Transponder in order to broadcast the Television Service during the Transmission Period. For the avoidance of doubt, the rights herein granted to the Sub-Lessee are in respect of the use of the Transponder for the Television Service and for no other purpose whatsoever.
2.2 The Sub-Lessee's Television Service shall commence at least two minutes after the Lessor's service (ZEE TV) ends and in any event not before 0002 hours UK local time. For the first two (2) minutes of the Transmission Period the Sub-Lessee shall transmit the following:
(a) For the first 30 seconds a screen with colour bars, a clock and with the words "Next Service Starts";
(b) For the next 30 seconds the name of the Sub-Lessee's service will be included in the colour bar screen;
(c) For the next 60 seconds a warning regarding the contents and the start of the Sub-Lessee's Television Service; and Any change to the above shall be with the prior written consent of the Lessor, such consent not to be unreasonably withheld.
2.3 The Lessor hereby consents to a change in the name of The Television Service that incorporates Spice or Spice combined with The Adult Channel. Approval of any other change in name of the Television service shall not be unreasonably withheld.
2.4 For the avoidance of doubt and notwithstanding anything to the contrary contained in this Agreement, the Sub-Lessee shall have no greater rights against the Lessor in respect of the use of the Transponder that the Lessor shall have against SES by virtue of the Contract. This clause 2.4 does not affect the terms of clause B.
2.5 In the event the Lessor obtains the use of an alternate transponder or in the case of digital - part transponder either on the ASTRA satellites or any other satellite, the Lessor shall, if possible, offer to the Sub-Lessee the rights to use the alternate transponder or part transponder for the Transmission Period on terms and conditions to be agreed between the parties.
2.6 The Sub-Lessee hereby acknowledges for the avoidance of doubt that the Lessor shall not be responsible for providing any uplinking services and/or facilities to the Sub-Lessee for its Television Service. The Sub-Lessee shall be responsible and liable for providing its own uplinkin...
Grant of Sublease. In consideration of the payment of the Rent and of the covenants and agreements made by the respective parties hereto, Sublessor subleases to Sublessee and Sublessee hereby subleases from Sublessor the Offices, upon the terms and conditions herein provided, from the Commencement Date until the Expiration Date.
Grant of Sublease. Tishomingo, to the extent its rights, title and interest permit, hereby grants unto NAIT a non-exclusive Sublease permitting NAIT to occupy and use, during the Term, such portions of that section of the State of Mississippi's right-of-way more fully described in Exhibit A hereto (the "Segment"), as is necessary for the purpose of installing, maintaining and operating the Conduit System and any associated equipment subject to the terms and conditions set forth or referenced herein. The parties intend that this Sublease (i) constitutes a Sublease of tangible property for tax purposes and (ii) constitutes a "section 467 rental agreement" within the meaning of section 467 of the Internal Revenue Code of 1986 (the "Code") and the regulations promulgated thereunder.
Grant of Sublease. The parties hereto take notice of the following leases:
(a) On December 19, 2002, The Northwestern Mutual Life Insurance Company of Milwaukee, Wisconsin ("LESSOR") and Aristocrat Technologies, Inc. ("LESSEE") entered into that certain Lease Agreement (the "MASTER LEASE") for the premises located in the City of Fort Lauderdale, County of Broward, State of Florida, described as 550 W. Cypress Creek Road, consisting of approximately 3,995 rentable xxxxxx xxxx, xxxxx xx Xxite 410. A copy of the Master Lease is attached as EXHIBIT 1. The leased premises under the Master Lease (the "MASTER PREMISES") are described in more detail in EXHIBIT 2.
(b) On October 27, 2003, Lessee and Sublessor entered into that certain sublease for the Master Premises (the "MASTER PREMISES SUBLEASE"). A copy of the Master Premises Sublease is attached as EXHIBIT 3. The Master Lease and the Master Premises Sublease are collectively the "LEASES."