SUBJECT AND SUBORDINATE Clause Samples
The 'Subject and Subordinate' clause defines the hierarchical relationship between the main subject matter of an agreement and any secondary or subordinate provisions. Typically, this clause clarifies that the primary terms take precedence, while subordinate clauses or provisions are interpreted in light of the main subject. For example, if a conflict arises between a general provision and a specific term related to the subject, the specific term will govern. This structure ensures clarity in interpreting the agreement and helps resolve ambiguities by establishing which provisions control in case of inconsistency.
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SUBJECT AND SUBORDINATE. The Equipment User acknowledges and agrees that its rights and interests in and to the Equipment are subject and subordinate in all respects to the Security Interest and the rights and interests of the Collateral Agent under the Security Agreement.
SUBJECT AND SUBORDINATE. This Agreement and all rights of Licensee hereunder are subject and subordinate to the terms and conditions of any and all underlying leases and mortgages which may now or hereafter affect the Building.
SUBJECT AND SUBORDINATE. The rights of Lessee with respect to the Aircraft shall be subject and subordinate in all respects to Lessor's rights, including all rights of Lessor as Trustee under the Beneficiary Trust Agreement and any related documents thereto.
SUBJECT AND SUBORDINATE. Prior to delivery of any Car by Car Provider in connection with the Master Supply Agreement, Car Provider shall notify Car User of any restriction or restraint on the use of such Car which is not otherwise disclosed in this Agreement; provided, however, this requirement shall only apply to Cars delivered after the date hereof. The Parties hereby acknowledge and agree that this Agreement, including any and all rights that Car User or Car Provider may now have or hereafter acquire in connection herewith, is subject and subordinate in all respects to any lease and/or sublease which the Cars may be or become subject to and all rights of the lessor and/or sublessor thereunder; provided, however, that in no event shall the terms of any lease and/or sublease which any of the Cars are or become subject to shall relieve either party of its obligation to provide Cars as set forth in the Master Supply Agreement. *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
SUBJECT AND SUBORDINATE. This Agreement is subject and subordinate to (i) the rights of any bank, lending, or financing institution or any other lender in connection with any Financing, including the rights of any agent or trustee; (ii) NFL Rules; (iii) the terms of any existing or future contracts and agreements entered into by an NFL Entity relating to sponsorships or the broadcast or telecast of NFL games or that otherwise restrict the visibility of signage within the Stadium during nationally televised NFL games; (iv) if and to the extent applicable, the rules and regulations of the NBA, NHL, NCAA, FIFA, CFP, U.S. Olympic Committee, International Olympic Committee, and all other similar sanctioning or governing bodies; and (v) all applicable Laws, as any of the foregoing currently exist or as they may be amended or modified from time to time after the Effective Date. If, at any time after the Effective Date, any further action is necessary or desirable to comply with the NFL Rules or the rules and regulations of the NBA, NHL, NCAA, FIFA, CFP, U.S. Olympic Committee, International Olympic Committee, or a similar sanctioning or governing body, the Parties shall take or cause to be taken all such necessary or desirable action, including the execution and delivery of such instruments and documents as may be reasonably requested by the other Party for such purpose.
SUBJECT AND SUBORDINATE. This License Agreement and all rights of Licensee hereunder are subject and subordinate to the terms and
SUBJECT AND SUBORDINATE. The rights and remedies of the Owner Trustee and the Owner Participant in the Undivided Interest, the Real Property Interest and the related Generation Entitlement Share are subject and subordinate to the rights and remedies of the ANPP Participants (other than (i) the Lessee or (ii) any Person who shall become an ANPP Participant in respect of the Lessor's Interest (as defined in Section B(c)(3)) under the ANPP Project Agreements.
SUBJECT AND SUBORDINATE. This Sub-sublease is subject and subordinate to ------------------------ - the Prime Lease, a true and complete copy of which is attached hereto as EXHIBIT B. Except as may be inconsistent with the terms hereof, all the terms, covenants and conditions in the Prime Lease Sections 1.
SUBJECT AND SUBORDINATE. THIS LEASE AND LESSEE'S RIGHTS HEREUNDER AND IN THE AIRCRAFT ARE SUBJECT AND SUBORDINATE TO ALL THE TERMS OF THE MORTGAGE, INCLUDING, WITHOUT LIMITATION, MORTGAGEE'S RIGHT TO TAKE IMMEDIATE POSSESSION OF THE AIRCRAFT UPON THE OCCURRENCE OF AN EVENT OF DEFAULT UNDER THE MORTGAGE. Without limiting the foregoing, solely as between Lessor and Lessee, Lessor covenants that if, and so long as, no Event of Default shall have occurred and be continuing, Lessor shall not (and Lessor shall not provide a basis for Mortgagee or any other person lawfully claiming through Lessor or Mortgagee to) disturb Lessee's quiet enjoyment of the Aircraft hereunder. If Lessor breaches the foregoing covenant or if Mortgagee improperly repossesses, seizes or attaches the Aircraft, Lessee acknowledges and agrees that Lessee's sole right and remedy shall be the right to seek to recover resulting damages from Lessor, but Lessee shall have no right to recover any damages from or otherwise ▇▇▇ Mortgagee in connection therewith or otherwise to retain possession or use of the Aircraft in contravention of the rights, interests, benefits or remedies of Mortgagee.
SUBJECT AND SUBORDINATE. Lessee hereby acknowledges and agrees that this Lease and all right, title and interest of Lessee in, to and under this Lease are now and shall at all times continue to be unconditionally subject and subordinate in each and every respect (i)to the lien of Fleet Capital Corporation (the “Mortgagee”) in the Aircraft, as said lien may be amended, modified or renewed from time to time, and (ii) to all of the terms and conditions of the Loan and Aircraft Security Agreement (S/N 65) dated as of December 31, 2003 (as may be amended, restated or modified from time to time, the “Loan Agreement”), between Lessor and Mortgagee, including, without limitation, all of the rights, powers and/or remedies of Mortgagee under the Loan Agreement, including, without limitation, Mortgagee’s rights of repossession and to terminate this Lease upon the occurrence of an event of default under the Loan Agreement.