Prior Leases Clause Samples

Prior Leases. The Original Master Lease and Access Agreement, and each subsequent amendment identified on Exhibit B, amended and restated each Prior Lease (other than the Tulsa License) in its entirety from and after January 1, 2015 through the “Effective Time” identified in the documents identified on Exhibit B. It is the Parties’ intent that the terms and provisions of this Lease shall be effective and govern from and after the Effective Time hereof. Any matter first arising prior to January 1, 2015 (or, solely with respect to the Tulsa Rail and Truck Racks, January 1, 2021) shall be governed by the respective Prior Lease related thereto, if any.

Prior Leases. The parties hereto agree that this lease and all provisions herein replaces and supersedes and renders null and void any and all prior leases, supplemental agreements and/or amendments between the parties hereto, including but not limited to a lease dated the 1st day of July, 1978, between ANR Coal Development Company and ▇.▇. ▇▇▇▇▇, et al.

Prior Leases. Landlord shall have the right to enter into such Prior Leases and any modifications, amendments, supplements, replacements, extensions, renewals or substitutions thereto or thereof as Landlord shall elect in its sole discretion, provided the same does not result in the imposition on Tenant of any obligations that are materially more onerous than those imposed under this Lease or that otherwise materially adversely affect Tenant. This Lease is and shall be subject and subordinate to each and any Prior Lease provided that the Prior Lessor thereunder shall have entered into an SNDA in favor of Tenant, modified as appropriate, and to any modifications, amendments, supplements, replacements, extensions, renewals or substitutions thereto or thereof.

Prior Leases. The Original Master Lease and Access Agreement, and each subsequent amendment identified on Exhibit B, amended and restated each Prior Lease in its entirety from and after January 1, 2015 through the Effective Time. It is the Parties’ intent that the terms and provisions of this Lease shall be effective and govern from and after the Effective Time. Any matter first arising prior to January 1, 2015 shall be governed by the respective Prior Lease related thereto, if any.

Prior Leases. Tenant and Landlord's predecessor, Cherry Hill Industrial Sites, Inc., are parties to certain leases dated February 11, 1996 and August 22, 1997 ("Prior Leases") respecting premises 2 Pin Oak Lane and ▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ Township, New Jersey ("Prior Premises"). Tenant shall vacate the Prior Premises within seven (7) days following the Commencement Date of this Lease. Upon such vacation, provided Tenant shall have paid all sums due under the Prior Leases and performed all of its covenants thereunder, the Prior Leases shall terminate. As of the Commencement Date, no further Base Rent shall accrue or be payable under the Prior Leases and such rent shall be apportioned as of the Commencement Date, with the amount of any prepaid Base Rent credited towards rent next payable under this Lease. Tenant's direct cost of occupancy under the Prior Leases shall accrue and be payable through the date of vacation of the Prior Premises.

Prior Leases. (a) Landlord and Tenant previously entered into a lease for Suite 330 dated August 31, 2015; a lease for ▇▇▇▇▇ ▇▇▇ dated October 31, 2013; and, a lease for ▇▇▇▇▇ ▇▇▇ dated March 5, 2012 (collectively the “Prior Leases”). (b) From and after the Effective Date of this Lease, the Prior Leases are hereby fully amended and superseded by this Lease notwithstanding anything to the contrary in this Lease or the Prior Leases, Landlord and Tenant acknowledge and agree as follows: (i) The parties hereby acknowledge and agree that there are no known outstanding obligations under the Prior Leases with regard to Tenant’s obligation to pay Base Monthly Rent or Additional Rent under the Prior Leases. (ii) All improvements to the premises that are the subject of the Prior Leases are the property of Tenant throughout the Rental Term of this Lease. (iii) The full amount of the security deposits held by Landlord under the Prior Leases is Fifty-Seven Thousand Seven Hundred Dollars ($57,700.00), which amount is hereby credited to the Security Deposit required under this Lease. (iv) Tenant has no obligation under this Lease or the Prior Leases to contribute to any Operating Expenses incurred in calendar year 2017. (v) The Prior Leases are in effect until effectively terminated and replaced by this Lease and such Prior Leases shall be of no further force or effect and the parties shall have no further obligations thereunder.

Prior Leases. This Lease is the entire, final, and complete agreement of the parties with respect to the matters set forth in this Lease and supersedes and replaces all prior written and oral agreements or leases between the parties or their representatives with respect to such matters.

Prior Leases. It is mutually agreed that this Agreement shall terminate and supersede any prior leases or agreements between the parties hereto covering all or any portion of the Premises on and from the Lease Commencement Date of this Agreement.

Prior Leases. Prior Leases" shall mean, collectively, the forty-three (43) leases, each dated as of August 31, 1994, between LAMC and IHS. B3 310046.5 00575 00527 3/27/98 10:01 AM