Obligations Under Master Lease Sample Clauses

Obligations Under Master Lease. For the purposes of this Sublease only, Subtenant hereby assumes all of the responsibilities and obligations to be performed on the part of Sublandlord as tenant under the Master Lease with respect to the Premises for the entire Sublease Term (other than the obligations to pay rent and additional rent and other amounts which are governed by this Sublease). Such undertaking shall in no way relieve Sublandlord of its obligations under the Master Lease. Both Sublandlord and Subtenant covenant and agree not to do, permit or allow any act which would violate or constitute a breach of or a default under the Master Lease. Upon any breach by Subtenant of any of the terms, covenants, or agreements to be performed or observed under this Sublease by Subtenant, Sublandlord may exercise any of the rights given to the Landlord under the Master Lease, subject to the limitations thereof and hereof, and the exercise thereof shall not be in derogation of, but shall be in addition to any other remedies available to Sublandlord, hereunder or under law or equity.
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Obligations Under Master Lease. Subtenant agrees to comply with the terms of the Master Lease and shall not do or permit to be done anything that would constitute a breach or default of Sublessor's obligations in the Master Le ase. Sublessor agrees to comply with all of Sublessor's obligations in the Master Lease. Sublessor agrees timely to pay rent and other charges due under the Master Lease and, provided Subtenant is not in breach or default of any obligation in this Subl ease, shall not do anything to disturb Subtenant's use of the Leased Property pursuant to this Sublease.
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Obligations Under Master Lease. Subtenant acknowledges the receipt of a copy of the Master Lease. Subtenant agrees to abide by all covenants and obligations of Sublessor in the Master Lease with respect to the Subleased Premises. Furthermore, Subtenant will avoid actions or inactions that would constitute a breach or default of Sublessor’s obligations in the Master Lease with respect to the Subleased Premises.
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Obligations Under Master Lease. 7.1 This Sublease (except as provided herein) is made subject to all of the terms and conditions of the Master Lease. The terms and conditions, and the respective rights and obligations of Sublessor and Sublessee to each other under this Sublease, shall be as set forth in the Master Lease except (i) Sections relating to tenant improvements and initial occupancy at the commencement of the Master Lease shall not be applicable to Sublessee, (ii) obligations of Master Lessor for functions within the control of Master Lessor such as those relating to repair, maintenance, operation, insurance and management of the Premises shall not be assumed by Sublessor, (iii) Sections 45, 46, 59, 68, and 72, (iv) where consent is required, Sublessor may not unreasonably withhold its consent, and (v) Sections 57 and 58 may only be invoked by Sublessor if Sublessee's actions have caused the Master Lessor to invoke same against Sublessor, and (vi) those provisions of the Master Lease that are inconsistent with this Sublease, in which event, as between Sublessor and Sublessee, the terms of this Sublease shall control over the Master Lease. Therefore, for the purpose of this Sublease, except as provided herein, whenever in the Master Lease the words "lease," "Owner" and "Tenant" are used, they shall be deemed to mean the "Sublease," "Sublessor" and "Sublessee" respectively as used in this Sublease and the words ""
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Obligations Under Master Lease. Landlord shall fulfill all of its obligations and duties under the Master Lease, except for those obligations and duties expressly stated and only to the extent expressly stated to be the responsibility of Tenant under this Lease, and agrees to enforce its rights against Master Landlord under the Master Lease in order to protect the interest of Tenant under this Lease. In the event Landlord receives a notice of default from the Master Landlord, Landlord shall immediately notify in writing Tenant of such default and take all necessary steps to cure such default.
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Obligations Under Master Lease 
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Related to Obligations Under Master Lease

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Continuing Guaranty; Assignments under the Credit Agreement This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty, (ii) the Maturity Date and (iii) the latest date of expiration, termination or Cash Collateralization or provision of Credit Support therefor of all Letters of Credit and the expiration or termination of all Secured Hedge Agreements, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, any Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Loans owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party herein or otherwise, in each case as and to the extent provided in Section 10.07 of the Credit Agreement. Subject to Section 7.04 of the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

  • Landlord Obligations Landlord acknowledges and agrees that certain of the information contained in the Financial Statements may be non-public financial or operational information with respect to Tenant and/or the Leased Property. Landlord further agrees (i) to maintain the confidentiality of such non-public information; provided, however, that notwithstanding the foregoing and notwithstanding anything to the contrary in Section 23.2(a) hereof or otherwise herein, Landlord shall have the right to share such information with GLP and their respective officers, employees, directors, Facility Mortgagee, agents and lenders party to material debt instruments entered into by GLP or Landlord, actual or prospective arrangers, underwriters, investors or lenders with respect to Indebtedness or Equity Interests that may be issued by GLP or Landlord, rating agencies, accountants, attorneys and other consultants (the “Landlord Representatives”), provided that such Landlord Representative is advised of the confidential nature of such information and agrees, to the extent such information is not publicly available, to maintain the confidentiality thereof pursuant to Section 23.2(a) or pursuant to confidentiality provisions substantially similar thereto and to comply with all federal, state and other securities laws applicable with respect to such information and (ii) that neither it nor any Landlord Representative shall be permitted to engage in any transactions with respect to the stock or other equity or debt securities or syndicated loans of Tenant or Tenant’s Parent based on any such non-public information provided by or on behalf of Landlord or GLP (provided that this provision shall not govern the provision of information by Tenant or Tenant’s Parent). In addition to the foregoing, Landlord agrees that, upon request of Tenant, it shall from time to time provide such information as may be reasonably requested by Tenant with respect to Landlord’s capital structure and/or any financing secured by this Master Lease or the Leased Property in connection with Tenant’s review of the treatment of this Master Lease under GAAP. In connection therewith, Tenant agrees to maintain the confidentiality of any such non-public information; provided, however, Tenant shall have the right to share such information with Tenant’s Parent and their respective officers, employees, directors, Permitted Leasehold Mortgagees, agents and lenders party to material debt instruments entered into by Tenant or Tenant’s Parent, actual or prospective arrangers, underwriters, investors or lenders with respect to Indebtedness or Equity Interests that may be issued by Tenant or Tenant’s Parent, rating agencies, accountants, attorneys and other consultants (the “Tenant Representatives”) so long as such Tenant Representative is advised of the confidential nature of such information and agrees, to the extent such information is not publicly available, (i) to maintain the confidentiality thereof pursuant to Section 23.2(a) or pursuant to confidentiality provisions substantially similar thereto and to comply with all federal, state and other securities laws applicable with respect to such information and (ii) not to engage in any transactions with respect to the stock or other equity or debt securities or syndicated loans of GLP or Landlord based on any such non-public information provided by or on behalf of Tenant or Tenant’s Parent (provided that this provision shall not govern the provision of information by Landlord or GLP).

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