Primary Lease. Sublessee understands that Sublessor has possession of the Subleased Premises by virtue of a Lease Agreement (the “Primary Lease”) dated November 14, 2002, by and between Sublessor, as tenant and Xxxxx Five Partnership, Ltd., a Texas limited partnership, as the landlord (“Landlord”). A copy of the Primary Lease is attached hereto as Exhibit B. Sublessee understands and acknowledges that this Sublease is subject and subordinate all of the terms and provisions of the Primary Lease. Sublessee further hereby agrees to abide by all terms and provisions of the Primary Lease affecting Sublessor as tenant, and agrees to assume all obligations and responsibilities of Sublessor thereunder, including, but not limited to, the maintenance of insurance coverages, the payment of personal property taxes, late payment charges and other interest owed, and the prohibition of the release or discharge of any hazardous materials. Further, Sublessee shall accept the Subleased Premises in an “as is” and “where is” condition. In the event Landlord shall have the right to modify the terms of the Primary Agreement or to affect the occupancy of the Subleased Premises by Sublessor, its assignees or Sublessee, and does so exercise such right, then Sublessor shall also have the right to take such action and shall be deemed to have done so also. Any termination of the Primary Lease by Landlord or by Sublessor under Section 2.02 of the Primary Lease shall be deemed a termination of this Sublease. Sublessor shall not be liable or responsible to Sublessee in any manner for a breach or termination of the Primary Lease by Landlord or Sublessor. Sublessee shall not be entitled to any of Sublessor’s rights or privileges under Sections 1.04, 2.02, 10.01, 10.02, 13.01, 13.02, 13.03, 13.04, 13.06 and 13.07, Exhibit H or under Exhibit I of the Primary Lease.
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Primary Lease. (a) The terms and conditions of the Primary Lease are incorporated into this Sublease by reference for all purposes. Subtenant, by Subtenant’s execution of this Sublease, acknowledges that Tenant has furnished Subtenant with a copy of the Primary Lease and Amendment, Subtenant has examined the Primary Lease and is familiar with its terms. Except as otherwise expressly provided in this Sublease, Subtenant agrees to comply in all respects with the terms and conditions of the Primary Lease insofar as the same are applicable to the Subleased Premises.
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Primary Lease. (a) Except as otherwise expressly provided herein, the ------------- terms and conditions of the Primary Lease are hereby incorporated herein by reference for all purposes, and Sublessee, by Sublessee's execution hereof, acknowledges that Sublessor has furnished Sublessee with a copy of the Primary Lease and that Sublessee has examined the Primary Lease and is familiar with the terms thereof. Except as otherwise expressly provided in this Sublease, Sublessee hereby agrees to comply in all respects with the terms and conditions of the Primary Lease insofar as the same are applicable to the Subleased Premises.
Primary Lease. It is expressly understood and agreed that if the primary lease between KJZP and Lessor, which governs the Premises and adjacent areas, is terminated, canceled, amended, or for any reason abated as to any portion of the Premises or adjacent areas, such termination, cancellation, amendment, or abatement shall, at Lessor’s option, operate as a cancellation of this Agreement and Lessor shall be relieved of liability for any and all damages Lessee may sustain as a result thereof.
Primary Lease. The Primary Lease is in full force and effect; no default by Lessee has occurred under the Primary Lease; and there is no existing condition which, but for the passage of time or the giving of notice, would result in a default by Lessee or, to the knowledge of Lessee, by Borrower under the terms of the Primary Lease. Lessee's interest in the Property is assignable to Lender without the consent of, or notice to, Borrower (or any such consent or notice that is required has been given).
Primary Lease. Saraland Industrial, LLC, an Alabama limited liability company (the "Landlord"), is the owner of fee simple title to the Land and leases the Building and Land to Sublandlord pursuant to that certain Lease Agreement dated January 14, 2019 between the Landlord and Sublandlord (the "Primary Lease"). Subtenant acknowledges and agrees that it has read and agrees to comply with the terms of the Primary Lease. 1 The premises of this sublease is hereinafter referred to as the “EB storage Area.” Saraland Warehouse Lease
Primary Lease. (a) If Prospect leases all or part of a Property on or before , Broker will pay Referring Broker a fee equal to: □ (1) % of all rents to be paid for the term of the lease. □ (2)
Primary Lease. (a) Sublessor (as lessee) and Precedent Lakeside Acquisitions, LLC (the “Landlord”) (successor in interest to Precedent Co-Investor, LLC, a Delaware limited liability company, itself successor in interest to PP Indianapolis IV Project Corporation), are parties to that certain Lease Agreement dated May 24, 2011 (the “Original Lease”), as amended by that certain Xxxxx Xxxxxxxx dated May 21, 2012 (the “First Addendum”), that certain Xxxxx Xxxxxxxx XX dated July 2, 2012 (the “Second Addendum”), that certain Lease Addendum III dated March 1, 2013 (the “Third Addendum”), that certain Lease Addendum IV dated March 1, 2013 (the “Fourth Addendum”) and that certain Fifth Amendment to Lease dated
