Common use of Rent Abatement and Damages to Personal Property Clause in Contracts

Rent Abatement and Damages to Personal Property. In the event Sublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Sublessee shall be entitled to rent abatement in an amount that the net rentable area of the Subleased premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Terrn. In addition, any amounts paid or credited to Sublessor under the terms of the Master Lease for damage to personal property shall be credited to Sublessee, subject to the same limitations set forth above. Sublessor: By: /s/ Almanor Ventures Date: August 10, 2010 Name and Title Printed Sublessee: By: /s/ Xxxxxx Xxxxxxxxxxx Date: July 30, 2010 Name and Title Printed Xxxxxx Xxxxxxxxxxx, COO Exhibit "A" Master Lease Exhibit "B" Premises LESSOR CONSENT: The undersigned, Lessor under the Master Lease attached as Exhibit A, hereby consents to the subletting of the Subleased Premises described herein on the terms and conditions contained in this Sublease. This Consent shall apply only to this Sublease and shall not be deemed to be a ­consent to any other Sublease. LESSOR:____________________________ By: _____________________________ Date: _____________________

Appears in 3 contracts

Samples: Amarantus BioSciences, Inc., Amarantus BioSciences, Inc., Jumpkicks, Inc.

AutoNDA by SimpleDocs

Rent Abatement and Damages to Personal Property. In the event Sublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Sublessee shall be entitled to rent abatement in an amount that the net rentable area of the Subleased premises Premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease TerrnTerm. In addition, any amounts paid or credited to Sublessor under the terms of the Master Lease for damage to personal property shall be credited to Sublessee, subject to the same limitations set forth above. Sublessor: ZAMBA CORPORATION By: /s/ Almanor Ventures Xxxxxxx Xxxxxx Date: August 10, 2010 Name and Title Printed 1/20/02 Xxxxxxx Xxxxxx — Chief Financial Officer Sublessee: PARK PLACE CAPITAL CORPORATION By: /s/ Xxx Xxxxxx Xxxxxxxxxxx Date: July 301/28/02 NOTICE TO SUBLESSOR AND SUBLESSEE: CORNISH & XXXXX COMMERCIAL, 2010 Name and Title Printed Xxxxxx XxxxxxxxxxxIS NOT AUTHORIZED TO GIVE LEGAL OR TAX ADVICE; NOTHING CONTAINED IN THIS SUBLEASE OR ANY DISCUSSIONS BETWEEN CORNISH & XXXXX COMMERCIAL AND SUBLESSOR AND SUBLESSEE SHALL BE DEEMED TO BE A REPRESENTATION OR RECOMMENDATION BY CORNISH & XXXXX COMMERCIAL, COO Exhibit "A" Master Lease Exhibit "B" Premises LESSOR CONSENT: The undersigned, Lessor under the Master Lease attached as Exhibit A, hereby consents to the subletting of the Subleased Premises described herein on the terms and conditions contained in this SubleaseOR ITS AGENTS OR EMPLOYEES AS TO THE LEGAL EFFECT OR TAX CONSEQUENCES OF THIS DOCUMENT OR ANY TRANSACTION RELATING THERETO. This Consent shall apply only to this Sublease and shall not be deemed to be a ­consent to any other Sublease. LESSOR:____________________________ By: _____________________________ Date: _____________________ALL PARTIES ARE ENCOURAGED TO CONSULT WITH THEIR INDEPENDENT FINANCIAL CONSULTANTS AND/OR ATTORNEYS REGARDING THE TRANSACTION CONTEMPLATED BY THIS PROPOSAL.

Appears in 1 contract

Samples: Zamba Corp

Rent Abatement and Damages to Personal Property. In the event Sublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Sublessee shall be entitled to rent abatement in an amount that the net rentable area of the Subleased premises Premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Terrnterm. In addition, any amounts paid or credited to Sublessor under the terms of the Master Lease for damage to personal property shall be credited to Sublessee, subject to the same limitations set forth above. Sublessor: PUREDEPTH, INC. By: /s/ Almanor Ventures Date: August 10, 2010 Name and Title Printed Sublessee: By: /s/ Xxxxxx Xxxxxxxxxxx Date: July 30, 2010 Name and Title Printed Xxxxxx Xxxxxxxxxxx, COO Exhibit "A" Master Lease Exhibit "B" Premises LESSOR CONSENT: The undersigned, Lessor under the Master Lease attached as Exhibit A, hereby consents to the subletting of the Subleased Premises described herein on the terms and conditions contained in this Sublease. This Consent shall apply only to this Sublease and shall not be deemed to be a ­consent to any other Sublease. LESSOR:____________________________ By: _____________________________ Date: _____________________________ Sublessee: PRECISE SOFTWARE SOLUTIONS, INC. By: _________________________________________ Date: _____________________________ 000 XXXXXXXX XXXXXX XXXXXXXXX, XXXXX 000, XXX XXXXX, XX 00000 • (000) 000 0000 FAX (000) 000 0000 Sublease NOTICE TO SUBLESSOR AND SUBLESSEE: CORNISH & XXXXX COMMERCIAL, IS NOT AUTHORIZED TO GIVE LEGAL OR TAX ADVICE; NOTHING CONTAINED IN THIS SUBLEASE OR ANY DISCUSSIONS BETWEEN CORNISH & XXXXX AND SUBLESSOR AND SUBLESSEE SHALL BE DEEMED TO BE A REPRESENTATION OR RECOMMENDATION BY CORNISH & XXXXX COMMERCIAL, OR ITS AGENTS OR EMPLOYEES AS TO THE LEGAL EFFECT OR TAX CONSEQUENCES OF THIS DOCUMENT OR ANY TRANSACTION RELATING THERETO. ALL PARTIES ARE ENCOURAGED TO CONSULT WITH THEIR INDEPENDENT FINANCIAL CONSULTANTS AND/OR ATTORNEYS REGARDING THE TRANSACTION CONTEMPLATED BY THIS PROPOSAL.

Appears in 1 contract

Samples: Puredepth, Inc.

AutoNDA by SimpleDocs

Rent Abatement and Damages to Personal Property. In the event SublessorSublandlord, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Sublessee Subtenant shall be entitled to rent abatement in an amount that the net rentable area of the Subleased subleased premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Terrnsublease term. In addition, any amounts paid or credited to Sublessor Sublandlord under the terms of the Master Lease for damage to personal property shall be credited to SublesseeSubtenant, subject to the same limitations set forth above. SublessorSUBLANDLORD: SARONIX, A CALIFORNIA CORPORATION By: /s/ Almanor Ventures Jamex Xxxxxxxx Date: August 10------------------------------------ ------------------ Jamex Xxxxxxxx, 2010 Name and Title Printed SublesseeXxce President 141 Xxxxxxxxx Xxxxx Xxxxx Xxxx, XX 00000 XXBTENANT: BROADBASE INFORMATION SYSTEMS, INC., A CALIFORNIA CORPORATION By: /s/ Xxxxxx Xxxxxxxxxxx Chucx Xxx Date: July 30------------------------------------ ------------------ Chucx Xxx, 2010 Name and Title Printed Xxxxxx XxxxxxxxxxxChief Financial Officer 141 Xxxxxxxxx Xxxxx Xxxxx Xxxx, COO Exhibit "A" Master Lease Exhibit "B" Premises LESSOR CONSENT: The undersigned, Lessor under the Master Lease attached as Exhibit A, hereby consents to the subletting of the Subleased Premises described herein on the terms and conditions contained in this Sublease. This Consent shall apply only to this Sublease and shall not be deemed to be a ­consent to any other Sublease. LESSOR:____________________________ By: _____________________________ Date: _____________________XX 00000

Appears in 1 contract

Samples: Sublease Agreement (Broadbase Software Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!