Prime Lease. If Lessor leases the Approved Site, Lessor shall provide ------------ Lessee with a copy of its lease and any necessary consent to any Site Lease (the "Prime Lease"), which will be attached to and incorporated into the Site Lease as Schedule 6. Lessor shall diligently pursue the written consent of its lessor, if such consent to the Site Lease is required under the Prime Lease. Such written consent shall be attached to the Prime Lease and included in Schedule 6 to the Site Lease. Notwithstanding anything to the contrary contained in this Agreement or in each individual Site Lease, this Agreement and all of Lessee's rights and obligations hereunder are expressly under and subject to the Prime Lease. In the event the Prime Lease expires or is terminated, the respective Site Lease shall terminate as between Lessor and Lessee on the effective date of termination of the Prime Lease, and Lessor shall have no liability to Lessee therefor, unless such termination is due to the intentional misconduct of Lessor. Lessor shall give Lessee written notice of such termination or expiration of the Prime Lease in accordance with paragraph 24(d) below. This Agreement, including any Site Lease, is subordinate and inferior to the Prime Lease, and Lessee will execute any documents reasonably requested by Lessor in furtherance thereof.
Appears in 2 contracts
Samples: Assignment Agreement (Ipcs Equipment Inc), Assignment Agreement (Ipcs Equipment Inc)
Prime Lease. If Lessor leases Tenant recognizes and acknowledges the Approved Site, Lessor shall provide ------------ Lessee with a copy existence of its lease the Prime Lease and any necessary consent to any Site Lease (the "Prime Lease"), which will be attached to and incorporated into the Site Lease as Schedule 6. Lessor shall diligently pursue the written consent of its lessor, if such consent to the Site that this Lease is required under a sublease of a portion of the Landlord’s leasehold estate created by the Prime Lease. Such written consent The termination of the Prime Lease for any reason whatsoever shall be attached never constitute a default by the Landlord hereunder nor shall such termination entitle Tenant to terminate this Lease or the payment of any rent or other sums due by the Tenant hereunder. Tenant further agrees that this Lease is subject to all of the terms and provisions of the Prime Lease and included in Schedule 6 hereby agrees to be bound by provisions thereof, including but not limited to the Site Leaseprovisions relating to employment and non-discrimination. Notwithstanding anything to the contrary contained in this Agreement or in each individual Site LeaseBy execution hereof, this Agreement and Tenant hereby acknowledges that it has received a copy of all of Lessee's rights and obligations hereunder are expressly under and subject to the Prime Lease. In the event the Prime Lease expires or is terminated, the respective Site Lease shall terminate as between Lessor and Lessee on the effective date of termination of the Prime Lease, and Lessor shall have no liability to Lessee therefor, unless such termination is due to the intentional misconduct of Lessor. Lessor shall give Lessee written notice of such termination or expiration provisions of the Prime Lease in accordance with paragraph 24(d) belowrelating to employment and non-discrimination all as set forth on Exhibit C attached hereto. This AgreementProvided, including however, that the execution of this Lease by Landlord shall never be construed to be an approval hereof by the Prime Lessor, it being understood that the Prime Lessor cannot be bound by any Site act or omission of Landlord. If Prime Lessor shall request a modification of this Lease, is subordinate Tenant shall not unreasonably withhold or delay its consent to a modification which does not materially adversely affect Tenant’s rights and inferior to the Prime Lease, and Lessee will execute any documents reasonably requested by Lessor in furtherance thereofprivileges hereunder or impose material burdens on Tenant. Section 7.21.
Appears in 1 contract
Samples: Office Lease Agreement
Prime Lease. If Lessor leases Tenant recognizes and acknowledges the Approved Site, Lessor shall provide ------------ Lessee with a copy existence of its lease the Prime Lease and any necessary consent to any Site Lease (the "Prime Lease"), which will be attached to and incorporated into the Site Lease as Schedule 6. Lessor shall diligently pursue the written consent of its lessor, if such consent to the Site that this Lease is required under a sublease of a portion of the Landlord’s leasehold estate created by the Prime Lease. Such written consent The termination of the Prime Lease for any reason whatsoever shall be attached never constitute a default by the Landlord hereunder nor shall such termination entitle Tenant to terminate this Lease or the payment of any rent or other sums due by the Tenant hereunder. Tenant further agrees that this Lease is subject to all of the terms and provisions of the Prime Lease and included in Schedule 6 hereby agrees to be bound by provisions thereof, including but not limited to the Site Leaseprovisions relating to employment and non-discrimination. Notwithstanding anything to the contrary contained in this Agreement or in each individual Site LeaseBy execution hereof, this Agreement and Tenant hereby acknowledges that it has received a copy of all of Lessee's rights and obligations hereunder are expressly under and subject to the Prime Lease. In the event the Prime Lease expires or is terminated, the respective Site Lease shall terminate as between Lessor and Lessee on the effective date of termination of the Prime Lease, and Lessor shall have no liability to Lessee therefor, unless such termination is due to the intentional misconduct of Lessor. Lessor shall give Lessee written notice of such termination or expiration provisions of the Prime Lease in accordance with paragraph 24(d) belowrelating to employment and non-discrimination all as set forth on Exhibit C attached hereto. This AgreementProvided, including however, that the execution of this Lease by Landlord shall never be construed to be an approval hereof by the Prime Lessor, it being understood that the Prime Lessor cannot be bound by any Site act or omission of Landlord. If Prime Lessor shall request a modification of this Lease, is subordinate Tenant shall not unreasonably withhold or delay its consent to a modification which does not materially adversely affect Tenant’s rights and inferior to the Prime Lease, and Lessee will execute any documents reasonably requested by Lessor in furtherance thereofprivileges hereunder or impose material burdens on Tenant.
Appears in 1 contract
Prime Lease. If Lessor leases the Approved Site, Lessor shall provide ------------ ----------- Lessee with a copy of its lease and any necessary consent to any Site Lease (the "Prime Lease"), which will be attached to and incorporated into the Site Lease as Schedule 6. Lessor shall diligently pursue the written consent of its lessor, if such consent to the Site Lease is required under the Prime Lease. Such written consent shall be attached to the Prime Lease and included in Schedule 6 to the Site Lease. Notwithstanding anything to the contrary contained in this Agreement or in each individual Site Lease, this Agreement and all of Lessee's rights and obligations hereunder are expressly under and subject to the Prime Lease. In the event the Prime Lease expires or is terminated, the respective Site Lease shall terminate as between Lessor and Lessee on the effective date of termination of the Prime Lease, and Lessor shall have no liability to Lessee therefor, unless such termination is due to the intentional misconduct of Lessor. Lessor shall give Lessee written notice of such termination or expiration of the Prime Lease in accordance with paragraph 24(d) below. This Agreement, including any Site Lease, is subordinate and inferior to the Prime Lease, and Lessee will execute any documents reasonably requested by Lessor in furtherance thereof.
Appears in 1 contract
Samples: Master Lease Agreement (Ipcs Inc)