Common use of NO SUBLETTING Clause in Contracts

NO SUBLETTING. Lessee shall not sublet any or all of the Property without the prior written consent of Lessor, which shall not be unreasonably withheld, conditioned, or delayed; provided, however, that without Lessor’s consent, Lessee may sublet any or all of the Properties (each such sublease described in this Section 14.03, individually, a “Permitted Sublease” and collectively, “Permitted Subleases”, and such subtenant thereunder, “Subtenant”) so long as each Permitted Sublease contains the following provisions: (a) the Permitted Sublease is subject and subordinate to this Lease; (b) the Permitted Sublease shall not contain any terms inconsistent with this Lease (or if so, the terms of this Lease shall control); (c) the rent due under any Permitted Sublease shall be fixed rent and shall not be based on the net profits of any Subtenant; (d) unless otherwise mutually agreed upon by Lessor and the related Subtenant, the Permitted Sublease shall terminate upon the expiration or sooner termination of this Lease (including any renewals hereof), provided that the related Subtenant agrees to attorn to Lessor if Lessor elects to assume the Permitted Sublease following a termination of this Lease; (e) Lessee shall at all times remain liable under this Lease irrespective of any Permitted Sublease; and (f) the related Property shall be used and occupied only as a Permitted Facility.

Appears in 2 contracts

Samples: Lease Agreement (Kratos Defense & Security Solutions, Inc.), Lease Agreement (Kratos Defense & Security Solutions, Inc.)

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NO SUBLETTING. Lessee shall not sublet any or all of the Property Properties without the prior written consent of Lessor, which shall such consent not to be unreasonably withheld, conditioned, conditioned or delayed; provided, however, that without Lessor’s 's consent, Lessee may sublet any or all of the Properties to Guarantor or up to 25% of the Properties to any Person (each such sublease described in this Section 14.0314.04, individually, a "Permitted Sublease" and collectively, "Permitted Subleases", and such subtenant thereunder, "Subtenant") so long as each Permitted Sublease contains the following provisions: (a) the Permitted Sublease is subject and subordinate to this Lease; (b) the Permitted Sublease shall not contain any terms inconsistent with this Lease (or if so, the terms of this Lease shall control); (c) the rent due under any Permitted Sublease shall be fixed rent and shall not be based on the net profits of any Subtenant; (d) unless otherwise mutually agreed upon by Lessor and the related Subtenant, the Permitted Sublease shall terminate upon the expiration or sooner termination of this Lease (including any renewals hereof), provided that the related Subtenant agrees to attorn to Lessor if Lessor elects to assume the Permitted Sublease following a termination of this Lease; (e) Lessee shall at all times remain liable under this Lease irrespective of any Permitted Sublease; and (f) the related Property shall be used and occupied only as a Permitted Facility.;

Appears in 1 contract

Samples: Master Lease Agreement (LIVE VENTURES Inc)

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NO SUBLETTING. Lessee shall not sublet any or all of the Property Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned, conditioned or delayed; provided, however, that without Lessor’s consent. Notwithstanding the foregoing, Lessee may sublet any Property without the prior written consent of Lessor to any Affiliate of Lessee or all to any provider of services ancillary to the operation of the Properties (each such sublease described in this Section 14.03, individually, a “Permitted Sublease” and collectively, “Permitted Subleases”, and such subtenant thereunder, “Subtenant”) Facility so long as each Permitted Sublease sublease contains the following provisions: (ai) the Permitted Sublease sublease is subject and subordinate to this Lease; (bii) the Permitted Sublease sublease shall not contain any terms inconsistent with this Lease (or if so, the terms of this Lease shall control); (ciii) the rent due under any Permitted Sublease sublease shall be fixed rent and shall not be based on the net profits of any Subtenantsubtenant; (div) unless otherwise mutually agreed upon by Lessor and the related SubtenantLessor, the Permitted Sublease sublease shall terminate upon the expiration or sooner termination of this Lease (including any renewals hereof), provided that the related Subtenant agrees to attorn to Lessor if Lessor elects to assume the Permitted Sublease following a termination of this Lease; (ev) Lessee shall at all times remain liable under this Lease irrespective of any Permitted Sublease; and (f) the related Property sublease. Lessee shall be used and occupied only as deliver a Permitted Facilitycopy of each sublease to Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (21st Century Oncology Holdings, Inc.)

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