Common use of Permitted Subleases Clause in Contracts

Permitted Subleases. Subject to Section 23.4 hereof, Tenant shall have the right to sublease up to ten percent (10%) of the floor area of a Facility in the ordinary course of the health care business being conducted in such Facility without Landlord's consent, and subject to Landlord's consent, which shall not unreasonably be withheld or delayed an additional ten percent (10%) of the floor area of such Facility.

Appears in 3 contracts

Samples: Master Lease (Integrated Health Services Inc), Master Lease (Monarch Properties Inc), Master Lease (Monarch Properties Inc)

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Permitted Subleases. Subject to Section 23.4 hereof, Tenant shall have the right to sublease up to ten percent (10%) of the floor area of a the Facility in the ordinary course of the health care business being conducted in such the Facility without Landlord's consent, and subject to Landlord's consent, which shall not unreasonably be withheld withheld, conditioned or delayed an additional ten percent (10%) of the floor area of such the Facility.

Appears in 2 contracts

Samples: Lease (Monarch Properties Inc), Lease Agreement (Monarch Properties Inc)

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