Common use of No Violation of Master Lease Clause in Contracts

No Violation of Master Lease. Neither Sublessor nor Sublessee shall commit or permit to be committed any act or omission which would violate any term or condition of the Master Lease. If a Master Lease terminates, this Sublease shall terminate as to the portion of the Subleased Premises covered thereby and the parties shall be relieved of any further liability or obligation under this Sublease with respect thereto; provided, however, that if the Master Lease terminates as a result of a default or breach by either Sublessor or Sublessee under this Sublease and subject to Section 13 of this Sublease, then the defaulting party shall be liable to the other party for the damage suffered as a result of such termination. Furthermore, Sublessor agrees not to voluntarily terminate the Master Lease without the written consent of Sublessee, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 3 contracts

Samples: Sandisk Corp, Sandisk Corp, Sandisk Corp

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No Violation of Master Lease. Neither Sublessor nor Sublessee Subtenant shall not commit or permit to be committed any act or omission which would violate any term or condition of the Master Lease. Subtenant shall not have any authority to contact or make any agreement with Master Landlord regarding the Subleased Premises or the Master Lease. If a the Master Lease terminates, this Sublease shall terminate as to the portion of the Subleased Premises covered thereby and the parties shall be relieved of any further liability or obligation under this Sublease with respect thereto; Sublease: provided, however, that if the Master Lease terminates as a result of a default or breach by either Sublessor Sublandlord or Sublessee Subtenant under this Sublease and subject to Section 13 of this Subleaseand/or the Master Lease, then the defaulting party shall be liable to the other nondefaulting party for the damage suffered as a result of such termination. FurthermoreNotwithstanding the foregoing, if the Master Lease gives Sublessor agrees not any right to voluntarily terminate the Master Lease without in the written consent event of Sublesseethe partial or total damage, destruction, or condemnation of the Master Premises or the Building or Project of which consent the Master Premises are a part, or by exercising any cancellation option, the exercise of such right by Sublandlord shall not be unreasonably withheld, conditioned constitute a default or delayed.breach hereunder. Section 12.3

Appears in 1 contract

Samples: www.sec.gov

No Violation of Master Lease. Neither Sublessor nor Sublessee shall commit or permit to be committed any act or omission which would violate any term or condition of the Master Lease. If a Master Lease terminates, this Sublease shall terminate as to the portion of the Subleased Premises covered thereby and the parties shall be relieved of any further liability or obligation under this Sublease with respect thereto; provided, however, that if the Master Lease terminates as a result of a default or breach by either Sublessor or Sublessee under this Sublease and subject to Section 13 of this Sublease, then the defaulting party shall be liable to the other party for the damage suffered as a result of such termination. Furthermore, Sublessor agrees not to voluntarily terminate the Master Lease without the prior written consent of Sublessee, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Samples: Sandisk Corp

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No Violation of Master Lease. Neither Sublessor nor Sublessee Subtenant shall not commit or permit to be committed any act or omission which would violate any term or condition of the Master Lease. Subtenant shall not have any authority to contact or make any agreement with Master Landlord regarding the Subleased Premises or the Master Lease. If a the Master Lease terminates, this Sublease shall terminate as to the portion of the Subleased Premises covered thereby and the parties shall be relieved of any further liability or obligation under this Sublease with respect thereto; Sublease: provided, however, that if the Master Lease terminates as a result of a default or breach by either Sublessor Sublandlord or Sublessee Subtenant under this Sublease and subject to Section 13 of this Subleaseand/or the Master Lease, then the defaulting party shall be liable to the other nondefaulting party for the damage suffered as a result of such termination. FurthermoreNotwithstanding the foregoing, if the Master Lease gives Sublessor agrees not any right to voluntarily terminate the Master Lease without in the written consent event of Sublesseethe partial or total damage, destruction, or condemnation of the Master Premises or the Building or Project of which consent the Master Premises are a part, or by exercising any cancellation option, the exercise of such right by Sublandlord shall not be unreasonably withheld, conditioned constitute a default or delayedbreach hereunder.

Appears in 1 contract

Samples: Sublease (Adamis Pharmaceuticals Corp)

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