Overlandlord Consent Sample Clauses
The Overlandlord Consent clause establishes that certain actions or agreements by a tenant or subtenant require the approval of the property’s ultimate owner, known as the overlandlord. In practice, this clause often applies when a tenant wishes to sublet their space, assign their lease, or make significant alterations to the premises, and the overlandlord’s written consent must be obtained before proceeding. Its core function is to protect the overlandlord’s interests by ensuring they retain control over key decisions affecting the property, thereby preventing unauthorized changes or occupants.
Overlandlord Consent. This Sublease is subject to Overlandlord’s consent to this Sublease (the “Consent”), which shall be in the form attached hereto as Exhibit I. Upon the full execution and delivery of this Sublease and delivery of the first (1st) full month’s Sublease Rent and the Letter of Credit (collectively the “Delivery Items”) to Sublandlord, Sublandlord shall request the Consent from Overlandlord. Nothing contained herein shall restrict Sublandlord’s right to request the Consent from Overlandlord prior to receipt of all the Delivery Items, and such early request shall in no way be deemed a waiver by Sublandlord of Subtenant’s obligation to deliver of any of the Delivery Items. Each party hereto agrees promptly to execute and deliver the Consent. Sublandlord and Subtenant shall equally share any administrative or other fees incurred by Overlandlord in connection with the review of this Sublease and preparation of the Consent and expressly provided for in the ▇▇▇▇▇▇▇▇▇.
Overlandlord Consent. 15.1 This Sublease is conditioned on, and shall not be effective until approved by Overlandlord, in writing, such written approval to be in form reasonably acceptable to Subtenant and Sublandlord, it being agreed that Overlandlord’s standard form of consent shall be deemed reasonably acceptable. Sublandlord shall request the same and pay any fees or charges expressly provided for in the ▇▇▇▇▇▇▇▇▇ (provided, however, that if Subtenant negotiates the form provided by Overlandlord, Subtenant shall pay for any fees or expenses charged by Overlandlord in connection with such negotiation above the standard fee (which, as of the date hereof, is approximately $2,500.00) that Overlandlord charges for the consent without negotiation). Subtenant agrees promptly to provide any financial or other information reasonably requested by Overlandlord. Each party agrees promptly to execute and deliver a consent agreement in the form attached or in any other form requested by Overlandlord provided that the same is no less favorable to such party in any material respect than the form attached. If Overlandlord's consent is not received within 45 days following the full execution and delivery hereof, either party by notice to the other given prior the receipt of Overlandlord's consent, may cancel this Sublease, in which case Sublandlord shall promptly return to 126547966 v6 Subtenant the Security Deposit and all other sums theretofore paid by Subtenant hereunder. Subtenant waives any claim against Overlandlord arising out of any failure or refusal by Overlandlord to grant consent.
Overlandlord Consent. This Sublease is subject to Overlandlord’s consent to this Sublease. Promptly following the full execution and delivery of this Sublease, Sublandlord shall request and diligently pursue Overlandlord’s written consent to this Sublease and pay any fees or charges expressly provided for in the ▇▇▇▇▇▇▇▇▇, but shall not be required to pay any additional consideration to Overlandlord. Subtenant agrees promptly to provide any financial or other information requested by Overlandlord, and to execute any documents required by Overlandlord (and reasonably acceptable to Subtenant) in connection with consent to this Sublease. If Overlandlord’s consent to this Sublease is not received within sixty (60) days of the full execution and delivery hereof, either party by notice to the other given prior to the receipt of Overlandlord’s consent, may cancel this Sublease, in which case Sublandlord shall promptly return to Subtenant all sums theretofore paid by Subtenant hereunder. Subtenant waives any claim against Overlandlord arising out of any failure or refusal by Overlandlord to grant consent. Sublandlord also agrees to use its best efforts (at no out-of-pocket cost to Sublandlord) to assist in facilitating Overlandlord’s response to Subtenant’s proposed plans and specifications for Subtenant’s Initial Alterations, including promptly submitting, at Subtenant’s request, Subtenant’s proposed plans and specifications for Subtenant’s Initial Alterations, and otherwise corresponding and/or meeting with Overlandlord or its engineers, if necessary, provided, however, that the failure of Overlandlord to approve such plans shall not affect the validity of this Sublease or Overlandlord’s consent to this Sublease.
Overlandlord Consent. The effectiveness of this Amendment is subject to that certain Consent to Sub-Sublease Agreement dated January 9, 2009 between Overlandlord, Sublandlord and Subtenant (the "Overlandlord Consent"), and is further conditioned upon receipt of Overlandlord's consent of this Amendment. Notwithstanding anything in this Amendment or Sublease to the contrary, in the event the Overlandlord Consent is not received within sixty (60) days after the date of this Amendment, or such later date as Sublandlord and Subtenant may agree in writing, this Amendment shall automatically become null and void.
Overlandlord Consent. This Sublease is subject to Overlandlord's consent. Sublandlord shall request the same and pay any fees or charges for such consent expressly provided for in the ▇▇▇▇▇▇▇▇▇. Subtenant agrees promptly to provide any financial or other information reasonably requested by Overlandlord. Each party agrees promptly to execute and deliver a consent agreement requested by Overlandlord substantially in the form annexed hereto as Exhibit C-1.. If Overlandlord's consent to this Sublease is not received within 30 days of the full execution and delivery hereof, either party by notice to the other given prior the receipt of Overlandlord's consent, may cancel this Sublease, in which case Sublandlord shall promptly return to Subtenant all sums theretofore paid by Subtenant hereunder to Sublandlord. Subtenant waives any claim against Overlandlord arising out of any failure or refusal by Overlandlord to grant consent.
Overlandlord Consent. Subordination and Non-Disturbance Agreement...
Overlandlord Consent. This Sublease is subject to the approval of the Overlandlord pursuant to the ▇▇▇▇▇▇▇▇▇ Following the execution and delivery hereof, Sublandlord will promptly submit this Sublease to Overlandlord for such consent. If such consent is not received by Sublandlord within sixty (60) days after the date hereof, Sublandlord shall promptly notify Subtenant of that fact, whereupon either Sublandlord or Subtenant may by written notice given within five (5) days of Sublandlord’s notice, cancel this Sublease by notice to the other and, if such consent has not been received prior to the cancellation date specified in such notice, this Sublease and the Term shall terminate and expire on the cancellation date set forth in said notice, and neither party shall have any further obligation or liability to the other party. The Overlandlord’s consent must include the modification of the ▇▇▇▇▇▇▇▇▇ such that Subtenant shall have the benefit of all of paragraph 3, paragraph 4, paragraph 5, paragraph 10(d), paragraph 11 and paragraph 20 hereof, and Section 9.6, Section 10.2 and Section 14.5 of the ▇▇▇▇▇▇▇▇▇ and must be otherwise reasonably satisfactory in form and substance to Sublandlord and Subtenant.