Master Landlord Consent to Sublease Sample Clauses

Master Landlord Consent to Sublease. This Sublease and Sublandlord’s and Subtenant’s obligations hereunder are conditioned upon having obtained the written consent of the Master Landlord to this Sublease.
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Master Landlord Consent to Sublease. Sublandlord and Subtenant each acknowledge and agree that this Sublease is subject to the written consent of Master Landlord in the form attached hereto as Exhibit “D”. If such written consent shall not be obtained on or before March 15, 2005, at anytime prior to receipt of such written consent, either Sublandlord or Subtenant shall have the right to terminate this Sublease in which event Sublandlord shall promptly return any deposits and prepaid rents to Subtenant and this Sublease shall be deemed cancelled and terminated and neither of the parties hereto shall have any liability to the other. Sublandlord shall be solely responsible for the Sublease Premium (as defined in Section 46J. of the Master Lease), if any, due to Master Landlord in connection with this Sublease.
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Master Landlord Consent to Sublease. Beta Investors Group, LLC, a Illinois limited liability company (“Master Landlord”; as the successor in interest to NCWP – Inverness Business Park, LLC), as landlord under that certain Lease Agreement by and between NCWP – Inverness Business Park, LLC, as assigned to Master Landlord, and Ampio Pharmaceuticals, Inc. a Delaware corporation (“Ampio”) dated December 13, 2013 (“Master Lease”) for the premises located at 000 Xxxxxxxxx Xxxxxxx, Xxxxxxxxx, XX 00000, Suites 200 and 204 consisting of approximately 19,346 rentable square feet (“Premises”), hereby consents to and acknowledges and agrees to the terms and conditions of that certain Sublease Agreement by and between Ampio and Utility Global, Inc., a Delaware corporation (“Subtenant”) dated February 16, 2023 (the “Sublease”). To the extent any capitalized terms are used herein but not defined, such terms shall have the same meaning set forth in the Master Lease. Master Landlord, to its current and actual knowledge, hereby represents and warrants to Ampio and Subtenant that the Master Lease is in full force and effect and neither Master Landlord nor Ampio is in default under the terms and conditions of the Master Lease, and further, no fact or condition exists which, with notice or lapse of time or both, would become such a default. Master Landlord, to its current and actual knowledge, hereby represents and warrants to Ampio and Subtenant it has not received any notice that the Premises are not in compliance with all Applicable Laws or the Building’s systems are not in good working order and in need of repair, except repairs and maintenance in the ordinary course of business. Notwithstanding anything set forth in the Master Lease or any previous written or oral statements to Ampio to the contrary, Master Landlord hereby agrees that Master Landlord shall not require Ampio or Subtenant to remove any existing Alterations, additions and/or leasehold improvements from the Premises, including but not limited to the components of the clean room. Master Landlord agrees and acknowledges that the title / ownership of the furniture, fixtures and equipment located on the Premises as described in the Sublease will be sold, assigned, transferred and conveyed to the Subtenant by Xxxxx upon execution of the Sublease and the provisions within the Master Lease remain in effect as it relates to future dispositions / alterations of the fixtures and equipment attached to the Premises, except as set forth above. Without limitin...
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Master Landlord Consent to Sublease. Sublandlord shall use diligent efforts to obtain Master Landlord’s consent to this Sublease in a form reasonably acceptable to the parties. Subtenant shall cooperate with Sublandlord in obtaining the Master Landlord’s consent and shall timely sign any commercially reasonable assumption agreement required by Master Landlord. If Master Landlord has not consented to this Sublease within thirty (30) days after the Effective Date, Subtenant shall be entitled to terminate this Sublease whereupon Sublandlord shall promptly return all sums paid by Subtenant hereunder. Upon Master Landlord’s consent to this Sublease, Subtenant shall reimburse Sublandlord for one-half of any and all review fees that Sublandlord had to pay Master Landlord to review, process and consent to the Sublease, provided that Subtenant’s liability for its share of any such review fees shall not exceed $2,500.
Sample 1
Master Landlord Consent to Sublease. The undersigned ("Master Landlord"), Landlord under the Master Lease, hereby consents to the foregoing Sublease without waiver of any restriction or any other provision of the Master Lease. MASTER LANDLORD: C-C CALIFORNIA PLAZA PARTNERSHIP, a California General Partnership BY: Cygna Development Corporation a California Corporation its general partner By: [ILLEGIBLE] Its: Project Manager
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Related to Master Landlord Consent to Sublease

  • Landlord Consent Notwithstanding anything to the contrary herein, this Assignment shall not be effective until Landlord has signed and delivered to Assignor and Assignee Landlord’s written consent to this Assignment (the “Consent”) pursuant to a consent in form and content mutually agreeable to Landlord, Assignor and Assignee, which form and content shall be deemed to be mutually agreeable upon Landlord’s, Assignor’s and Assignee’s execution and delivery of the Consent. In the event, for any reason whatsoever, the Consent is not delivered by Landlord within thirty (30) days after the execution of this Assignment by Assignor and Assignee, Assignor and Assignee each shall have the right, in its sole and absolute discretion, until such time as Landlord delivers the Consent, to terminate this Assignment by providing written notice to the other, in which case this Assignment shall automatically terminate and neither party shall owe any obligation to the other party. For avoidance of doubt, unless waived by Assignor and Assignee by their execution and delivery of the Consent, the Consent shall not be deemed given unless Landlord agrees, amongst other terms and conditions that (i) Landlord consents to the reduction of the Security Deposit; (ii) Landlord consents to the assignment of the right to exercise the Extension Right; (iii) Landlord agrees that Assignor shall be released from all liability and obligations under the Lease during the Extension Term; (iv) Landlord confirms and agrees in the Consent that neither Assignor nor Assignee shall be required to remove any improvements present as of the Effective Date; and (v) Landlord consents to the prepayment of the outstanding principal balance of the Remaining TI Rent.

  • Landlord Consents Pledgor shall use commercially reasonable efforts to deliver to Secured Party an executed letter in form and substance acceptable to Secured Party from each landlord from which Pledgor leases premises on which Goods or Inventory of Pledgor with a book value in excess of ten million dollars ($10,000,000) is located, stored, used or held in the United States of America promptly upon the book value of Goods or Inventory located, stored, used or held at such premises reaching ten million dollars ($10,000,000) (each such letter, a "LANDLORD WAIVER LETTER") pursuant to which such landlord, among other things, acknowledges the security interest granted by Pledgor to Secured Party in such Goods and Inventory, waives or subordinates any Lien such landlord may have in respect of such Goods or Inventory and agrees to provide the Secured Party with access to such premises upon the occurrence and during the continuance of an Event of Default.

  • Assignment and Subletting by Tenant 7.1.1 Tenant shall not have the right to assign, transfer, mortgage or encumber this Lease in whole or in part, nor sublet the whole or any part of the Premises, nor allow the occupancy of all or any part of the Premises by another, without first obtaining Landlord’s consent, which consent may be granted or denied in accordance with this paragraph. In no event shall the determination of the amount of rent be expressed in whole or in part as a percentage of the income or profits derived by the subtenant from the space leased (other than an amount based on a fixed percentage or percentages of gross receipts or gross sales). Notwithstanding any permitted assignment or subletting, Tenant shall at all times remain directly, primarily and fully responsible and liable for the payment of all sums payable under this Lease and for compliance with all of its other obligations as tenant under this Lease. Landlord’s acceptance of Base Rent, Additional Rent or any other sum from any assignee, sublessee, transferee, mortgagee or encumbrance holder shall not be deemed to be Landlord’s approval of any such conveyance. Upon the occurrence of an Event of Default, if the Premises or any part of the Premises are then subject to an assignment or subletting, Landlord may, at its option, collect directly from such assignee or subtenant all rents becoming due to Tenant under such assignment or sublease and apply such rents against any sums due to Landlord from Tenant under this Lease. No such collection shall be construed to constitute a novation or release of Tenant from the further performance of Tenant’s obligations under this Lease. Landlord’s right of direct collection shall be in addition to and not in limitation of any other rights and remedies provided for in this Lease or at law. Tenant makes an absolute assignment to Landlord of such assignments and subleases and any rent, Lease Security Deposits and other sums payable under such assignments and subleases as collateral to secure the performance of the obligations of Tenant under this Lease.

  • Master Lease A. All the obligations contained in the Master Lease conferred and imposed upon Sublessor (as Tenant therein) shall be borne by Sublessor and Sublessee in accordance with the Sublessor's Percentage and the Sublessee's Percentage, respectively, except as modified and amended by this Sublease, and all rights and privileges contained in the Master Lease conferred upon Sublessor (as Tenant therein), are hereby conferred and imposed upon Sublessee, to the extent of Sublessee's Percentage. Sublessor covenants and agrees it will make payment of the rentals reserved under the Master Lease as and when due, will perform Sublessor's insurance obligations under the Master Lease, and will otherwise fully and faithfully perform the terms and conditions of the Master Lease with respect to the Sublessor's Percentage. Sublessee covenants and agrees to otherwise fully and faithfully perform the terms and conditions of the Master Lease and the Sublease on its part to be performed. Neither the Sublessor nor Sublessee shall do or cause to be done any act which would or might cause the Master Lease, or the rights of Sublessor as tenant under the Master Lease to be endangered, cancelled, terminated, forfeited or surrendered, or which would or might cause Sublessor to be in default thereunder or liable for any damage, claim or penalty. Sublessee agrees, as an express inducement for Sublessor executing this Sublease, that if there is any conflict between the provisions of the Master Lease and this Sublease which would permit Sublessee to do or cause to be done any act which is prohibited by the Master Lease then the provisions of the Master Lease shall prevail.

  • Sublease Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • New Lease The Ground Lease requires the ground lessor to enter into a new lease with Lender upon termination of the Ground Lease for any reason, including rejection of the Ground Lease in a bankruptcy proceeding.

  • Assignment of Sublease Any approved sublease will be assigned to LESSOR as security. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect LESSOR's security interest.

  • Condition of Subleased Premises (a) Subtenant shall maintain and repair the Subleased Premises in a manner consistent with Sublandlord’s obligations under the Lease. Sublandlord shall have the right to enter the Subleased Premises from time to time upon reasonable prior notice to Subtenant, during normal business hours and escorted by Subtenant (if Subtenant makes such escort reasonably available). Sublandlord’s right of entry shall include the right of inspection to confirm that Subtenant is in compliance with all applicable maintenance and repair obligations set forth in the Lease. In the event that Sublandlord determines, in Sublandlord’s reasonable opinion, that Subtenant is in default of any maintenance and/or repair obligation set forth in the Lease, and such default may incur liability to Sublandlord upon the surrender of the Subleased Premises upon the expiration or earlier termination of the Lease (a “Required Repair Item”), then Sublandlord shall have the right to notify Subtenant of any such Required Repair Items. Subtenant shall be obligated to cure such Required Repair Items within thirty (30) days of such notice from Sublandlord, or, if such Required Repair Items cannot be reasonably completed in such thirty (30) day period, such longer period as reasonably necessary to cure such Required Repair Items, so long as Subtenant has commenced such cure and diligently pursues such cure to completion. In no event shall Sublandlord’s rights hereunder impose any additional and/or greater repair or maintenance standards from those set forth in the Lease. In the event Subtenant fails to cure such Required Repair Items as set forth above, then such failure shall be deemed a default under this Sublease, entitling Sublandlord to exercise any of its rights and remedies herein, including, without limitation, the self help rights set forth in Section 6(b) above.

  • Sublease Agreement Sublandlord and Subtenant hereby represent that a true and complete copy of the Sublease Agreement is attached hereto and made a part hereof as Exhibit A.

  • Landlord Waiver Coast shall have received duly executed

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