Permitted Subletting. Unless an Event of Default has occurred and is continuing, Landlord shall not unreasonably withhold or delay Landlord's consent to sublettings by Tenant of a part or parts of the Leased Premises, but Landlord shall not be obligated to consent to a subletting for a use prohibited by Section 6(a). Each such subletting shall be for undivided occupancy by the subtenant of that part of the Floor affected thereby for the use permitted under this Lease. Landlord may, however, withhold such consent if, in Landlord's reasonable judgment, the proposed subtenant is not engaged in a business consistent with the character and dignity of the Building, or will impose any additional material burden upon Landlord in the operation of the Building (to an extent greater than the burden to which Landlord would have been put if Tenant continued to use, or used, such part of the Leased Premises for its own purposes). In the event of any dispute between Landlord and Tenant as to the reasonableness of Landlord's refusal to consent to any subletting such dispute shall be submitted to mediation pursuant to Section 28. Except as otherwise set forth in subsection (a), if any portion of the Leased Premises is sublet at any time, and if the rent received by Tenant on account of such subletting exceeds the Basic Rent, allocated to the space subject to the sublease in the proportion of the area of such space to the Rentable Area of the Leased Premises, plus actual out-of-pocket expenses incurred by Tenant in connection with Tenant's subleasing of such space, including advertising, attorneys' fees, brokerage commissions and the unamortized cost of preparing such space for occupancy by the subtenant, then, except as otherwise provided in the next sentence, Tenant shall pay to Landlord fifty percent (50%) of such excess, monthly as received by Tenant from the subtenant. Except as otherwise set forth in subsection (a), Landlord shall not share in any profit derived by Tenant from the permitted subletting of all or any part of the space located on the Floor designated by Tenant as its "Sublet Floor" in a notice given to Landlord before Tenant enters into its first permitted sublease pursuant to this subsection. Notwithstanding anything to the contrary in this Section 15(d), Tenant shall have the right to sublet space in the Leased Premises to Tenant's affiliates (hereinafter defined), subcontractors or consultants without notice to or the consent of Landlord, and, except as set forth in Sectio...
Permitted Subletting. Provided no Lessee Default shall have occurred and be continuing, StadCo shall have the right, without the consent of ECSC, to enter into a sublease, license, use agreement or any other similar agreement for all or any portion of the Stadium Complex with:
(a) the Bills (the “Use Agreement”), (b) any other Affiliate of StadCo for any purpose permitted by Section 5.1; (c) any other Person for the purpose of staging entertainment events (such as a concert); or (d) any third party in connection with the installation of telecommunications towers or antennas, windmills, or solar energy panels or other utility and electrical components servicing the Stadium provided that the term of any such sublease does not extend beyond the Term of this Stadium Lease.
Permitted Subletting. (a) Notwithstanding the foregoing provisions of this Article, Tenant may sublet all of the Demised Premises, but not less than all, to one subtenant, for occupancy and use as permitted by Article 9, provided however, that Tenant shall first obtain the consent of Landlord, which consent shall not be unreasonably withheld or delayed. The consent by Landlord to such subletting shall not in any way be considered to relieve Tenant from obtaining the express consent of Landlord to any further subletting.*
(b) If Tenant shall have a bona fide intention to sublet the Demised Premises, as stated above, it shall first notify Landlord of such fact and of the terms of Tenant's proposed subrental and other terms of subletting, and:
(i) If Tenant intends to sublet the Demised Premises, then, and in such event, Landlord shall have the option, exercisable by notice within 30 days after the date of Tenant's notice, to elect to cancel this lease, effective as of 4 months from the last day of the month in which Landlord shall have given such notice. Upon any such cancellation of this lease by Landlord, Tenant shall have no further obligations to Landlord with respect to this lease except for obligations accrued up to the date of cancellation.
(ii) If Landlord shall not have elected to cancel as aforedescribed, and if within a period of 4 months from the date of Tenant's notice, Tenant has not requested Landlord's consent to a specific subletting, then the provisions of this Article requiring Tenant to give notice to Landlord of intended subletting, and any of Landlord's rights to elect, shall again prevail.
(iii) If Landlord shall not exercise the 23 option to cancel this lease, Tenant may actively seek to obtain an appropriate subtenant, and Tenant shall submit (x) the name and address of such proposed subtenant, (y) reasonably satisfactory information as to the nature and character of the business of the proposed subtenant, and as to the proposed nature of its proposed use of the space, and (z) banking, financial and other information relating to the proposed subtenant reasonably sufficient to enable Landlord to determine the financial responsibility and character of the proposed subtenant.
(iv) In determining whether or not to consent to a proposed subletting, Landlord may take into consideration all relevant factors surrounding the proposed sublease, including the following:
a. The business reputation of the proposed subtenant.
b. The nature of the business and the propo...
Permitted Subletting. Notwithstanding any provisions of Article 12 to the contrary, except as otherwise specifically provided in this Agreement, neither the rental of rooms in the Hotel to hotel guests, nor entering into agreements by Operator affecting the Hotel with concessionaires, subtenants or licensees, shall be deemed to be a Transfer of the Hotel.
Permitted Subletting. Landlord acknowledges that Tenant will be a permitted subtenant under the lease with Beyond Genomics, Inc. for one individual office, one lab bench and one unit of lab space on a month-to-month basis, in which subleased space Tenant will continue to do business on a reduced scale in the same manner as it currently does business under the Lease with Landlord. Tenant agrees to be subject to, and abide by, all terms and conditions of Landlord's lease with Beyond Genomics, Inc. which provide conditions as to occupancy.
Permitted Subletting. Provided no Material Sublessee Default shall have occurred and be continuing, the Bills shall have the right, without the consent of either the County or the ECSC, to sublease all or any portion of the Stadium Complex: (a) to an Affiliate of the Bills for any purpose permitted by Section 5.1; (b) to any other Person for the purpose of staging a single entertainment event (such as a concert); (c) to any other Person for the purpose of keeping or maintaining a professional sports franchise (other than an NFL football team or a professional baseball franchise) at the Stadium; or (d) to any third party in connection with the installation of telecommunications towers or antennas, windmills, or solar energy panels or other utility and electrical components servicing the Stadium provided that the term of any such sublease does not extend beyond the Term of this 2013 Stadium Lease.
Permitted Subletting of the Lease (which section was added to the Lease pursuant to that certain First Amendment to Building Lease, dated as of May , 2000) is hereby deleted in its entirety.
Permitted Subletting. Notwithstanding any of the provisions in this Lease to the contrary, during the first seven (7) years following the Term Commencement Date, provided that it is not in default under the terms of this Lease, the original Lessee shall have the right, without the Lessor's consent and without the payment of any Transfer Consideration, to sublease portions of the Premises to one or more subtenants provided that (i) the total aggregate space subleased to all subtenants at any one time shall not exceed one-half of the Premises and (ii) the Lessee shall remain primarily liable for the performance of all of the terms and conditions of this Lease. Any sublease of any portion of the Premises entered into after the seventh anniversary of the Term Commencement Date shall be subject to the requirement that the prior written consent of the Lessor be obtained as provided herein and the requirement that the Transfer Consideration be paid to the Lessor as provided herein.
Permitted Subletting. Tenant shall not have any right to lease, sublease, license or otherwise permit the use or occupancy of any space on or within any Property, except for: (a) the Lands’ End Agreements; (b) the Sears Hometown License Agreement; and (c) leases, licenses, concessions or in-store department agreements with third-party retailers, concessionaires, tenants or licensees that (i) operate wholly within or as part of Tenant’s Store with respect to any Demised Premises (except for storage or parking of vehicles in connection with vehicle rentals), do not operate separate or apart from the operations of the applicable Kmart Stores and/or Sears Stores, do not violate or conflict with any Encumbrance or any use restrictions
Permitted Subletting. The Premises, or any portion thereof, may be subleased by Tenant to any third party without the prior approval of Landlord, subject to the following: (i) the provisions of Section 15(c) shall be applicable to any sublease; (ii) any subtenant shall comply with all of the terms and conditions of this Lease, including the Permitted Use specified in Section1(b)(iv) hereof; (iii) a subtenant’s occupancy of the Premises shall be in compliance with all applicable laws. Any other subletting of the Premises shall require the prior written consent of Landlord.
