SUB-LEASE. The LESSEE shall not directly or indirectly sublet, allow or permit the leased premises to be occupied in whole or in part by any person, form or corporation, neither shall the LESSEE assign its rights hereunder to any other person or entity and no right of interest thereto or therein shall be conferred on or vested in anyone by the LESSEE without the LESSOR'S written approval.
SUB-LEASE. Tenants shall not assign or sublet any part of the leased premises without prior written consent of Landlord, and no person shall occupy the premises except Tenants. Subletting does not release any Tenants or Co-signers from Lease Agreement terms, including paying rent. There is a one-time $100 charge for each subleasor applying to be added to a Lease Agreement.
SUB-LEASE. 12.1 The Parties agree that the Lessee shall have the express and unqualified rights to sub-lease, license/ shop- in- shop arrangement of the Unit to any person on such terms and conditions as may be agreed between such third party and the Lessee in its sole discretion during the Term and may offer possession of the unit to the Third Party Lessee for carrying fit-out even before the effective date. For the avoidance of doubt it is hereby clarified that no further act, consent or action of the Lessor would be required with regard to sub-lease of the Unit by the Lessee. The Parties further agree that as soon as possible on or before the Effective Date, the Lessee shall endeavor to execute a sub-lease agreement of the Unit in favor of a Third Party. The Parties agree that, the Lessee shall pass on the entire Upside (if any) less Administrative Charges from such sub-lease agreement (“Sub-Lease Benefits”) to the Lessor, as per the terms of Section 7 of this Agreement. The Lessee/ Sub-lessee shall be entitled to use the said Unit any time of the day or night and/or on holidays at the sole option of the Lessee/ sub-lessee without any restrictions or limitations relating to the working days or hours of the demised premises, however, subject to statutory restrictions.
12.2 In the event the Unit is not capable of being demarcated and identified and is held by the Lessor as a undivided share in a larger area, which is collectively sub-leased by the Lessee to a Third Party, the Lessor shall cooperate with the Lessee and other lessor(s) holding undivided interest in the larger area leased to the Third Party to ensure peaceful possession and unhindered operation of business by such Third Party and shall not do or omit to do any acts, deeds and things which may result in any disturbance/ interruption to enjoyment of lease of such larger area by such Third Party. Further, in such event, the Sub-Lease Benefits payable to the Lessor shall be calculated on a proportionately on the basis of the area of the Unit to the larger area.
12.3 The Lessee/ Sub-lessee shall be entitled to carry out, at its own costs and expenses, all internal decorations, additions, changes, etc. in the Unit including erection of partitions, putting up of false ceilings, re-flooring, installation of apparatus, fixtures, fittings, furniture, air conditioners, all office equipment, etc. as and when required in the Unit.
SUB-LEASE. Lessee is not permitted to sublet or grant use or possession of the leased premises without the written consent of 73 Lessor and then only in accordance with the terms of this lease. Any expense associated with subleasing the premises shall be paid 74 by NO SUBLEASING ALLOWED 75
SUB-LEASE. Lessee shall not sub-lease, assign or SHARE the premises or any part thereof without the written consent of the Lessor/Agent.
SUB-LEASE. As the lessee under the Master Lease (2006), and at the appropriate time for timely and 18 effective delivery of the Private Improvements, CMPA shall enter into a single Sub-Lease with the 19 Developer, in the form attached hereto as Exhibit "G". The Sub-Lease will not commence until satisfaction 20 or waiver of the conditions set forth in Section 11.01 below and Paragraph 7 of the Sub-Lease. The Sub-
SUB-LEASE. Buyer will execute the sublease agreement with Seller of property leased by Equipment Specialties as outlined in Appendix G.
SUB-LEASE. Lessee is not permitted to post any “For Rent” signs, rent, sublet, or grant use or possession of the leased premises without the written consent of Lessor and then only in accordance with this lease.
SUB-LEASE. PerSeptive shall, pursuant to and in accordance with the terms and conditions of the Sub-Lease, subject to obtaining the landlord's consent, lease the Premises (as defined in the Sub-Lease) to ChemGenics. ChemGenics shall, pursuant to and in accordance with the terms and conditions of the Sub-Lease, not be obligated to pay rent until the completion of the Public Offering; thereafter, ChemGenics shall pay the monthly rent provided for in the Sub-Lease to PerSeptive. Notwithstanding the foregoing, in the event PerSeptive's landlord does not consent to the Sublease on a timely basis, PerSeptive shall provide ChemGenics with satisfactory use of such premises or equivalent premises on terms equivalent to those set forth in the Sub-Lease. If the Public Offering does not occur and the asset purchase and other agreements and instruments set forth herein are rescinded and unwound (as described below), ChemGenics and PerSeptive agree to negotiate in good faith regarding the terms and conditions of continuation or termination of the Sub-Lease, subject to the other terms and provisions thereof.
SUB-LEASE. Sub-leasing of the facility will not be permitted.
