Prime Lease Terms and Conditions Sample Clauses

Prime Lease Terms and Conditions. The terms and conditions of the Prime Lease are hereby incorporated by reference and made a part hereof, as if set forth in full herein, except that references to “Tenant” therein shall be deemed to be “Subtenant” hereunder, references to “Landlord” therein shall be deemed to be “Sublandlord” hereunder (except in Article IV of the Prime Lease as incorporated herein by reference, where references to “Landlord” shall be deemed to refer only to Prime Landlord and except that financial statements shall be provided only to Sublandlord and Prime Landlord pursuant to Section 12.11 only if required by Prime Landlord pursuant to the Prime Lease), references to the “Premises” therein shall be deemed to be “Subleased Premises” and such other terms shall be deemed modified as may be appropriate in the given context, provided (i) Prime Landlord shall continue to have all rights set forth in the Prime Lease (notwithstanding the fact that Sublandlord shall also have the same rights under this Sublease), and (ii) Sublandlord shall not be deemed to have assumed any of the obligations of Prime Landlord as a result of the incorporation of the Prime Lease. This Sublease and all of its terms, covenants, representations, warranties, agreements and conditions are in all respects subject and subordinate to the Prime Lease. Subtenant agrees that in no event shall Prime Landlord be (a) liable to Subtenant for any act or omission of Sublandlord; (b) liable for the return of any security deposit unless Prime Landlord is holding the same; (c) subject to any offsets or defenses by Sublandlord which Subtenant may have against Sublandlord; or (d) bound by any rent or additional rent which Subtenant may have prepaid for more than the current month. Without limiting the foregoing, it is understood and agreed that Subtenant shall have the abatement and termination rights of “Tenant” (in the event of a casualty or eminent domain) under and pursuant to Article VIII of the Prime Lease as incorporated herein by reference. Notwithstanding the foregoing, the following provisions of the Prime Lease and Exhibits annexed thereto are not incorporated herein by reference and shall not, except as to definitions set forth therein, have any applicability to this Sublease: Articles/Sections: I, II, 3.1, 3.2, 3.3, 3.4, 3.7, XI, 12.8, 12.9, 12.10 and 12.17. Except to the extent otherwise expressly provided herein, the only services or rights to which the Subtenant is entitled hereunder are those expressly s...
Sample 1
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Prime Lease Terms and Conditions. Other than the obligations for rent, Operating Expenses, Security Deposit and other matters which are expressly addressed in this Sublease as between Sublandlord and Subtenant, Subtenant assumes and shall perform all obligations
Sample 1
Prime Lease Terms and Conditions. The terms and conditions of the Prime Lease are hereby incorporated by reference and made a part hereof, meaning that, as applicable, references to "Tenant" therein shall be deemed to be "Subtenant" hereunder, references to "Landlord" therein shall be deemed to be "Sublandlord" hereunder, references to "Premises" therein shall be deemed to "Subleased Premises" and such other terms and conditions shall be deemed modified as may be appropriate in the given context or to the extent inconsistent with the other provisions of this Sublease, provided (i) Prime Landlord shall continue to have all rights set forth in the Prime Lease (notwithstanding the fact that Sublandlord shall also have the same rights under this Sublease), and (ii) Sublandlord shall not be deemed to have assumed any of the obligations of Prime Landlord as a result of the incorporation of the Prime Lease. Sections 3.3 through 3.9 of the Prime Lease are incorporated herein but Subtenant shall only be responsible for Subtenant's Pro Rata Share of the amounts due thereunder. Notwithstanding the foregoing, the following terms of the Prime Lease shall not be incorporated herein: the second sentence of Section 4.1; Section 4.7; Section 6.2(a); the obligation under Section 6.2(b) to obtain contractual liability endorsements as to losses resulting from the failure of Subtenant to perform and discharge its covenants and obligations under the Sublease; Section 7.1; Section 10.3 (except as to notices to Prime Landlord); Section 10.5; Section 10.10; and Section 10.14. This Sublease and all of its terms, covenants, representations, warranties, agreements and conditions are in all respects subject and subordinate to the Prime Lease. Subtenant agrees that in no event shall Prime Landlord be (a) liable for any act or omission of Sublandlord; (b) liable for the return of any security deposit unless Prime Landlord is holding the same; (c) subject to any offsets or defenses which Subtenant may have against Sublandlord; or (d) bound by any rent or additional rent which Subtenant may have prepaid for more than the current month. Sublandlord shall use reasonable efforts to enforce the obligations of the Prime Landlord under the Prime Lease, provided that Sublandlord shall not be obligated to commence litigation to do so.
Sample 1

Related to Prime Lease Terms and Conditions

  • SPECIAL TERMS AND CONDITIONS There are no other provisions hereof and this Agreement supersedes any other agreements, whether written or oral, between the parties. Any amendment hereto must be in writing, executed by both parties.

  • General Terms and Conditions 14.1 The parties hereto hereby covenant and agree that they will execute such further agreements, conveyances and assurances as may be requisite, or which counsel for the parties may deem necessary to effectually carry out the intent of this Agreement.

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • Other Terms and Conditions The Notes shall have such other terms and conditions as provided in the form thereof attached as Exhibit A hereto.

  • Lease Terms Except where a Railcar is being conveyed on a Closing Date and the related Series Supplement references this Section 5.01(w) and permits an exception hereto, each Railcar Conveyed on the relevant Delivery Date is subject to a Permitted Lease, which Lease (together with the other Leases that are or have been the subject of such Conveyances) contains rental and other terms which are no different, taken as a whole, from those for similar railcars in the Servicer’s Fleet.

  • Additional Terms and Conditions Applicable to Subletting The following terms and conditions shall apply to any subletting by Lessee of all or any part of the Premises and shall be deemed included in all subleases under this Lease whether or not expressly incorporated therein:

  • Miscellaneous Terms and Conditions (a) Each party understands and agrees that Executive or it assumes all risk that the facts or law may be, or become, different than the facts or law as believed by the party at the time Executive or it executes this Agreement. Executive and the Company acknowledge that their relationship precludes any affirmative obligation of disclosure, and expressly disclaim all reliance upon information supplied or concealed by the adverse party or its counsel in connection with the negotiation and/or execution of this Agreement.

  • Terms and Conditions It is understood and agreed that the Option evidenced hereby is subject to the following terms and conditions:

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