Sublease Consent. This Sublease shall become effective only if the written consent hereto of Underlying Landlord is obtained. If such written consent is not obtained, then this Sublease shall be null and void and of no force or effect and Sublessor shall return to Sublessee the first month's rent and the L/C (hereinafter defined) and thereupon neither party shall have any further obligation to the other. Sublessee agrees to provide such information in connection with such request as Underlying Landlord shall reasonably request. If the foregoing consent is not obtained within thirty (30) days following the execution and delivery of this Sublease by both parties, and Sublessor’s receipt of the first month’s rent and L/C, then Sublessee may, within ten (10) days following the expiration of said thirty (30) day period, cancel this Sublease by giving written notice to Sublessor of its election to cancel. If Sublessee does not give notice to cancel within said ten (10) day period, time being of the essence, Sublessee shall have no further right to cancel this Sublease pursuant to this Paragraph 18. Upon Sublessor's receipt of a valid notice of cancellation, this Sublease shall be null and void and Sublessor shall return to Sublessee the first month's rent and the L/C and thereupon neither party shall have any further obligation to the other. In the event that Underlying Landlord shall notify Sublessor that it will not consent to this Sublease, then Sublessor will promptly notify Sublessee of such fact, return to Sublessee the first month's rent and L/C, and thereupon this Sublease shall be null and void with no further liability, one party to the other.
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Samples: Sublease Agreement (Pzena Investment Management, Inc.)
Sublease Consent. This Sublease shall become effective only if the written consent hereto of Underlying Landlord is obtained. If such written consent is not obtained, then this Sublease shall be null and void and of no force or effect and Sublessor shall return to Sublessee the first (1st), third (3rd), fourth (4th) and sixth (6th) month's rent and the L/C (hereinafter defined) security deposit and thereupon neither party shall have any further obligation to the other. Sublessor shall promptly request the consent of Underlying Landlord to this Sublease. Sublessee agrees to provide such information in connection with such request as Underlying Landlord shall reasonably request. If the foregoing consent is not obtained within thirty sixty (3060) days following the execution and delivery of this Sublease by both parties, and Sublessor’s receipt of the first month’s rent and L/C, then either Sublessor or Sublessee may, within ten (10) days following the expiration of said thirty sixty (3060) day period, cancel this Sublease by giving written notice to Sublessor the other party of its election to cancel. If either Sublessor or Sublessee does do not give notice to cancel within said ten (10) day period, time being of the essence, Sublessor or Sublessee shall only have no further the right to cancel this Sublease pursuant to this Paragraph Article 18, thereafter only up until the time Underlying Landlord's consent may ultimately be given. Upon Sublessor's receipt of a valid notice of cancellation, this Sublease shall be null and void and Sublessor shall return to Sublessee the first (1st), third (3rd), fourth (4th) and sixth (6th) month's rent and the L/C and thereupon neither party shall have any further obligation to the other. In the event that Underlying Landlord shall notify Sublessor that it will not consent to this Sublease, then Sublessor will promptly notify Sublessee of such fact, return to Sublessee the first (1st), third (3rd), fourth (4th) and sixth (6th) month's rent and L/Csecurity deposit, and thereupon this Sublease shall be null and void with no further liability, one party to the othervoid.
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Sublease Consent. This Sublease shall become effective only if the written consent hereto of Underlying Landlord is obtained. If such written consent is not obtained, then this Sublease shall be null and void and of no force or effect and Sublessor shall return to Sublessee the first (1st) month's rent and the L/C (hereinafter defined) security deposit and thereupon neither party shall have any further obligation to the other. Sublessor shall promptly request the consent of Underlying Landlord to this Sublease. Sublessee agrees to provide such information in connection with such request as Underlying Landlord shall reasonably request. If the foregoing consent is not obtained within thirty sixty (3060) days following the execution and delivery of this Sublease by both parties, and Sublessor’s receipt of the first month’s rent and L/C, then either Sublessor or Sublessee may, within ten (10) days following the expiration of said thirty sixty (3060) day period, cancel this Sublease by giving written notice to Sublessor the other party of its election to cancel. If either Sublessor or Sublessee does do not give notice to cancel within said ten (10) day period, time being of the essence, Sublessor or Sublessee shall only have no further the right to cancel this Sublease pursuant to this Paragraph 18Article 22, thereafter only up until the time Underlying Landlord's consent may ultimately be given. Upon Sublessor's receipt of a valid notice of cancellation, this Sublease shall be null and void and Sublessor shall return to Sublessee the first (1st) month's rent and the L/C and thereupon neither party shall have any further obligation to the other. In the event that Underlying Landlord shall notify Sublessor that it will not consent to this Sublease, then Sublessor will promptly notify Sublessee of such fact, return to Sublessee the first (1st) month's rent and L/Csecurity deposit, and thereupon this Sublease shall be null and void with no further liability, one party to the othervoid.
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Sublease Consent. This Sublease shall become effective only if the written consent hereto of Underlying Landlord is obtained. If such written consent is not obtained, then this Sublease shall be null and void and of no force or effect and Sublessor shall return to Sublessee the first month's rent and the L/C (hereinafter defined) and thereupon neither party shall have any further obligation to the other. Sublessee agrees to provide such information in connection with such request as Underlying Landlord shall reasonably request. If the foregoing consent is not obtained within thirty (30) days following the execution and delivery of this Sublease by both parties, and Sublessor’s receipt of the first month’s rent and L/Cdate hereof (the "Outside Date"), then Sublessor or Sublessee may, within on or before the date that is ten (10) days following after the expiration of said thirty (30) day periodOutside Date, cancel this Sublease by giving written notice to Sublessor the other party of its election to cancel. If Sublessee does not give neither party gives notice to cancel within said on or before the date that is ten (10) day perioddays after the Outside Date, time being of the essence, Sublessee then neither party shall have no any further right to cancel this Sublease pursuant to this Paragraph 18paragraph. Upon Sublessoreither party's receipt of a valid notice of cancellation, this Sublease shall be null and void and Sublessor shall return to Sublessee the first month's rent and the L/C Security Deposit paid by Sublessee to Sublessor, and thereupon this Sublease shall be null and void and neither party shall have any further obligation to the otherother except as expressly set forth herein. In the event that Underlying Landlord shall notify Sublessor that it will not consent to this Sublease, then Sublessor will promptly notify Sublessee of such fact, return to Sublessee the first month's rent and L/CSecurity Deposit paid by Sublessee to Sublessor, and thereupon this Sublease shall be null and void with no and neither party shall have any further liability, one party obligation to the otherother except as expressly set forth herein.
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Sublease Consent. This Sublease shall become effective only if the written consent hereto of Underlying Landlord is obtainedobtained (the “Sublease Consent”). If such written consent the Sublease Consent is not obtained, then this Sublease shall be null and void and of no force or effect and Sublessor Escrow Agent shall return to Sublessee the first month's ’s rent and the L/C (hereinafter defined) security being held by Escrow Agent and thereupon neither party shall have any further obligation to the other. Upon execution and delivery of this Sublease by Sublessor and Sublessee and confirmation of Escrow Agent’s receipt of the first month’s rent and security, Sublessor shall promptly request the consent of Underlying Landlord to this Sublease. Sublessee agrees to provide such information in connection with such request as Underlying Landlord shall reasonably request. If the foregoing consent is not obtained within thirty (30) days following the execution and delivery of this Sublease by both parties, and Sublessor’s receipt of the first month’s rent and L/C, then Sublessee may, within ten (10) days following the expiration of said thirty (30) day period, cancel this Sublease by giving written notice to Sublessor of its election to cancel. If Sublessee does not give notice to cancel within said ten (10) day period, time being of the essence, Sublessee shall have no further right to cancel this Sublease pursuant to this Paragraph 18. Upon Sublessor's receipt of a valid notice of cancellation, this Sublease shall be null and void and Sublessor shall return to Sublessee the first month's rent and the L/C and thereupon neither party shall have any further obligation to the other. In the event that Underlying Landlord shall notify Sublessor that it will not consent to this Sublease, then Sublessor will promptly notify Sublessee and Escrow Agent of such fact, Escrow Agent shall return to Sublessee the first month's ’s rent and L/Csecurity, and thereupon this Sublease shall be null and void. If the foregoing consent is not obtained by July 1, 2004 (the “Outside Date”), then either party may terminate this Sublease upon written notice to the other given at any time following the Outside Date but prior to receipt of the Sublease Consent and as of the date of such notice this Sublease shall be deemed void with and of no force and effect, and neither party shall have any further liability, one party obligation or liability to the other, except that Escrow Agent shall return the first month’s rent and security to Sublessee.
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Samples: Sublease Agreement (Ampex Corp /De/)