Mandatory Sublessee Covenants Sample Clauses

Mandatory Sublessee Covenants. “Mandatory Sublessee Covenants” means the covenants of Tenant under this Lease with respect to repair, maintenance, insurance, Hazardous Materials, indemnity (but only covenants of indemnity with respect to Physical Condition Claims, the acts or omissions of the Sublessee or its Related Entities or any breach of or default under the particular Sublease), the MEW Construction Coordination Agreement and the Navy Construction Coordination Document.
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Mandatory Sublessee Covenants. (a) The instrument by which any Sublease is effected (whether or not Landlord’s consent is required) shall expressly provide that the Sublessee will perform, for the benefit of Landlord, all of the Mandatory Sublessee Covenants insofar as they pertain (or are fairly allocated) to the Transfer Property subject to such Transfer as and when performance is due after the effective date of the Sublease and that Landlord will have the right to enforce such Mandatory Sublessee Covenants directly against such Sublessee without first exhausting any claims or remedies Landlord may have in connection therewith against or with respect to Tenant or any other Sublessee prior in right to the particular Sublessee that has failed to perform such Mandatory Sublessee Covenants. Without limiting the generality of the foregoing, if such instrument does not so expressly provide, it shall be deemed that the Sublessee has agreed to perform, for the benefit of Landlord, all of the Mandatory Sublessee Covenants insofar as they pertain (or are fairly allocated) to the Transfer Property subject to such Transfer as and when performance is due after the effective date of the Sublease and that Landlord will have the right to enforce such Mandatory Sublessee Covenants directly against such Sublessee without first exhausting any claims or remedies Landlord may have in connection therewith against or with respect to Tenant or any other Sublessee prior in right to the particular Sublessee that has failed to perform such Mandatory Sublessee Covenants. As used in this Section 13.14, the “right to enforce” shall include the right to terminate the Sublease pursuant to the terms of the Sublease, subject to the rights of any Mortgagee of the Sublessee under such Sublease (including any rights of such Mortgagee contained in ARTICLE 14).

Related to Mandatory Sublessee Covenants

  • LANDLORD’S COVENANTS The Landlord covenants with the Tenant:

  • Tenant’s Covenants The Tenant covenants with the Landlord as follows:

  • Negative Covenants Until the Commitments have expired or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Special Covenants If any Company shall fail or omit to perform and observe Section 5.7, 5.8, 5.9, 5.11, 5.12, 5.13 or 5.15 hereof.

  • Specific Covenants The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, 6.11 or 6.12 or Article VII; or

  • LESSEE’S COVENANTS Lessee further covenants and agrees as follows:

  • Affirmative Covenants Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed, the Borrower covenants and agrees with the Lenders that:

  • Termination of Covenants The covenants set forth in this Section 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Liquidity Event, as such term is defined in the Restated Certificate, whichever event occurs first.

  • SURVIVING COVENANTS The parties agree that the covenants contained in Xxxxxxx 0, Xxxxxxx 00, Xxxxxxxxx 12.2 and Section 13 of this Agreement shall survive the expiration or termination of this Agreement.

  • TENANCIES AND RESTRICTIVE COVENANTS The Property is believed to be and shall be taken to be correctly described and is sold subject to all express conditions, restrictions-in-interest, caveats, leases, tenancies, easements, liabilities, encumbrances and rights, if any, subsisting thereon or thereover without the obligation to define the same respectively and the Purchaser is deemed to have full knowledge thereof.

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