Common use of Rights of Subtenants Clause in Contracts

Rights of Subtenants. Notwithstanding anything herein contained to the contrary, Landlord acknowledges that Tenant is using Tenant’s Facility to be constructed on the Tenant’s Facility as a medical office center and that space in Tenant’s Facility will be subleased by Tenant to others for various uses consistent with the operation of the Tenant’s Facility as medical office center and in accordance with Section 2.2 herein. All Subtenants will be occupying Tenant Spaces pursuant to the terms of Space Leases. Tenant agrees to include in all of its Space Leases the provisions of Article IV of this Lease. Notwithstanding anything herein contained to the contrary, Landlord hereby agrees for the benefit of any Subtenant that upon either the expiration of this Lease or a default by Tenant which will empower Landlord to terminate this Lease or Tenant’s right to possession, that, so long as the Subtenant is not in default under the terms, conditions or provisions of its Space Lease and so long as Subtenant agrees to attorn to Landlord, no action by Landlord shall terminate or in any manner affect the rights of the Subtenant under the Space Lease and that Landlord and all those claiming by, through or under Landlord agree (i) to recognize the Space Lease and the Subtenant’s right to possession of a portion of Tenant’s Facility under the Space Lease, provided the provisions of Article IV of this Lease have been included in such Space Lease, and (ii) to accept the Space Lease and to perform the obligations of Tenant accruing after Landlord succeeds to the interest of Tenant in Tenant’s Facility as if Landlord was the original landlord under the Space Lease. Landlord, at the request of Tenant, agrees to promptly execute such documents and instruments as may be reasonably required to effectuate the terms and provisions of this Section 10.3. Tenant, at the request of Landlord, agrees to use its best efforts to cause all Subtenants to execute such documents and instruments as may be reasonably required by Landlord to effectuate the terms and provisions of this Section 10.3. Landlord acknowledges and agrees that Landlord has reviewed and approved Tenant’s form of Space Lease, and will not unreasonably withhold, condition or delay its consent to any commercially reasonable amendments to Tenant’s form of Space Lease in the future, provided the provisions of Article IV of this Lease have been included in such Space Lease and no material changes are made to the Space Lease.

Appears in 2 contracts

Samples: Rights Lease Agreement, Air Rights Lease Agreement (CNL Healthcare Properties, Inc.)

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Rights of Subtenants. Notwithstanding anything herein contained to the contrary, Landlord acknowledges that Tenant is using Tenant’s Facility to be constructed on the Tenant’s Facility Premises as a medical office center and that space in Tenant’s Facility MOB B will be subleased leased by Tenant to others (hereinafter referred to individually as a “Subtenant”, and collectively as the “Subtenants”) for various uses consistent with the operation of the Tenant’s Facility Premises as medical office center and in accordance with Section 2.2 herein. All Subtenants will be occupying portions of the Premises (hereinafter referred to as the “Tenant Spaces Spaces”) pursuant to the terms of Space Leasesa lease between the Subtenants and Tenant which need not disclose that it is a sublease (each, an “Office Lease”). Tenant agrees to include in all of its Space Office Leases the provisions of Article IV II of this Lease. Notwithstanding anything herein contained to the contrary, Landlord hereby agrees for the benefit of any Subtenant that upon either the expiration of this Lease or a default by Tenant which will empower Landlord to terminate this Lease or Tenant’s right to possession, that, that so long as the Subtenant is not in default under the terms, conditions or provisions of its Space Office Lease and so long as Subtenant agrees to attorn to Landlord, no action by Landlord shall terminate or in any manner affect the rights of the Subtenant under the Space Office Lease and that Landlord and all those claiming by, through or under Landlord agree (i) to recognize the Space Office Lease and the Subtenant’s right to possession of a portion of Tenant’s Facility the Premises under the Space Office Lease, provided the provisions of Article IV II of this Lease have been included in such Space Office Lease, and (ii) to accept the Space Office Lease and to perform the obligations of Tenant accruing after Landlord succeeds to the interest of Tenant in Tenant’s Facility the Premises as if Landlord was the original landlord under the Space Office Lease. Landlord, at the request of Tenant, agrees to promptly execute such documents and instruments as may be reasonably required to effectuate the terms and provisions of this Section 10.3. Tenant, at the request of Landlord, agrees to use its best efforts to cause all Subtenants to execute such documents and instruments as may be reasonably required by Landlord to effectuate the terms and provisions of this Section 10.3. Landlord acknowledges and agrees that Landlord has reviewed and approved Tenant’s form of Space Office Lease, and will not unreasonably withhold, condition or delay its consent to any commercially reasonable amendments to Tenant’s form of Space Office Lease in the future, provided the provisions of Article IV II of this Lease have been included in such Space Lease and no material changes are made to the Space Office Lease.

Appears in 2 contracts

Samples: Ground Lease Agreement, Ground Lease Agreement (CNL Healthcare Properties, Inc.)

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Rights of Subtenants. Notwithstanding anything herein contained to the contrary, Landlord acknowledges that Tenant is using Tenant’s Facility to be constructed on the Tenant’s Facility Premises as a medical office center and that space in Tenant’s Facility the MOB will be subleased leased by Tenant to others (hereinafter referred to individually as a “Subtenant”, and collectively as the “Subtenants”) for various uses consistent with the operation of the Tenant’s Facility Premises as medical office center and in accordance with Section 2.2 herein. All Subtenants will be occupying portions of the Premises (hereinafter referred to as the “Tenant Spaces Spaces”) pursuant to the terms of Space Leasesa lease between the Subtenants and Tenant which need not disclose that it is a sublease (each, an “Office Lease”). Tenant agrees to include in all of its Space Office Leases the provisions of Article IV II of this Lease. Notwithstanding anything herein contained to the contrary, Landlord hereby agrees for the benefit of any Subtenant that upon either the expiration of this Lease or a default by Tenant which will empower Landlord to terminate this Lease or Tenant’s right to possession, that, so long as the Subtenant is not in default under the terms, conditions or provisions of its Space Office Lease and so long as Subtenant agrees to attorn to Landlord, no action by Landlord shall terminate or in any manner affect the rights of the Subtenant under the Space Office Lease and that Landlord and all those claiming by, through or under Landlord agree (i) to recognize the Space Office Lease and the Subtenant’s right to possession of a portion of Tenant’s Facility the Premises under the Space Office Lease, provided the provisions of Article IV II of this Lease have been included in such Space Office Lease, and (ii) to accept the Space Office Lease and to perform the obligations of Tenant accruing after Landlord succeeds to the interest of Tenant in Tenant’s Facility the Premises as if Landlord was the original landlord under the Space Office Lease. Landlord, at the request of Tenant, agrees to promptly execute such documents and instruments as may be reasonably required to effectuate the terms and provisions of this Section 10.3. Tenant, at the request of Landlord, agrees to use its best efforts to cause all Subtenants to execute such documents and instruments as may be reasonably required by Landlord to effectuate the terms and provisions of this Section 10.3. Landlord acknowledges and agrees that Landlord has reviewed and approved Tenant’s form of Space Office Lease, and will not unreasonably withhold, condition or delay its consent to any commercially reasonable amendments to Tenant’s form of Space Office Lease in the future, provided the provisions of Article IV II of this Lease have been included in such Space Lease and no material changes are made to the Space Office Lease.

Appears in 1 contract

Samples: Ground Lease Agreement (CNL Healthcare Properties, Inc.)

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