INTERMEDIATE LEASE Sample Clauses
An Intermediate Lease clause defines a lease arrangement where a party leases property from the owner and then subleases it to another tenant. In practice, this clause outlines the rights and obligations of the intermediate lessee, such as their responsibilities for rent payments to the original landlord and the terms under which they may sublet the premises. The core function of this clause is to facilitate subleasing arrangements while clarifying the relationships and duties among the property owner, the intermediate lessee, and the subtenant, thereby preventing disputes and ensuring smooth management of the leased property.
INTERMEDIATE LEASE. Not to do omit suffer or permit in relation to the Premises any act or thing that would or might cause the Lessor to be in breach of the Intermediate Lease or that if done omitted suffered or permitted by the Lessor would or might constitute a breach of the covenants on the part of the tenant and the conditions contained in the Intermediate Lease and to observe the covenants referred to in the Property and Charges Register of title HP389500 (so far as aforesaid) and to indemnify the Lessor against all actions claims costs expenses and liabilities in respect of them