SUB-LEASE Sample Clauses

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.
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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-LEASELESSEE shall, subject to LESSOR’s approval of the sub-LESSE and its development plan, which consent shall not be unreasonably withheld, have the right to sub-lease the Leased property, in whole or in part; Provided, that the provisions of this Contract of Lease shall be incorporated by reference in the contract covering such sub-lease and a copy of such contract of sub-lease shall have been submitted by the LESSEE to the LESSOR; Provided, further, that the purpose of the sub-lease shall be consistent with the parameters and guidelines set by (i) this Contract of Lease, (ii) the approved MDP, and (iii) the approved PIP of the Provisional License. Failure of LESSEE to comply with the immediately preceding paragraph shall entitle LESSOR to impose upon LESSEE a penalty in an amount equivalent to one (1) year’s rental as provided under the relevant sub-lease contract. Thereafter, the LESSEE shall seek the LESSOR’s approval of the sub-LESSEE and its development plan. If the LESSOR finds the sub-LESSEE and its development plan to be acceptable, the LESSOR will notify the LESSEE in writing, of such approval. However, if the LESSOR finds the sub-LESSEE and its development plan to be unacceptable to it, the LESSOR shall require the LESSEE to immediately cause the termination of the sub-lease contract within thirty (30) days from LESSEE’s receipt of written notice from LESSOR requiring such termination. Failure of LESSEE to terminate the relevant sub-lease contract within the 30-day period shall entitle LESSOR to impose upon LESSEE a penalty in an amount equivalent to one (1) year’s rental as provided under the relevant sub-lease contract, for every month of delay or a fraction thereof. In the event that LESSEE enters into a sub-lease contract in accordance with this Section 5, it is understood and agreed that LESSOR shall receive a fee equivalent to Five Percent (5%) of any and all gross revenues paid by these sub-lease tenants to LESSEE, and which shall be payable by the LESSEE to the LESSOR without need of demand, within seven (7) days from the payment deadline(s) as set forth in the relevant sub-lease contract.
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-LEASELessee 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 20 effective delivery of the Private Improvements, CMPA shall enter into the Sub-Lease with the Developer, 21 in the form attached hereto as Exhibit "G". The Sub-Lease will not commence until satisfaction or waiver 22 of the conditions set forth in Section 11.01 below and Paragraph 7 of the Sub-Lease.
SUB-LEASEThe RENTER shall not directly or indirectly sublet, allow or permit the rented vehicle to be rented by any person, form or corporation; neither shall the RENTER 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 RENTER without RENT A CAR’s written approval.
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SUB-LEASE. Sub-leasing of the facility will not be permitted.
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-LEASEBuyer will execute the sublease agreement with Seller of property leased by Equipment Specialties as outlined in Appendix G.
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