Sublease of Office Space Sample Clauses

Sublease of Office Space. Doctors Health, as sublessor, and the LLC, as sublessee, shall, simultaneously with the execution of this Agreement (or as soon after Closing as is reasonably practicable), enter into a Sublease in form substantially similar to EXHIBIT 2B attached hereto as a part hereof (each a "SUBLEASE") for and in respect of each location where the LLC intends to establish an office from which to engage in the Practice of Medicine as of the Closing Date. Specifically, Doctors Health and the LLC will enter into a Sublease for those portions of each of the buildings shown on SCHEDULE 2B attached hereto as a part hereof (collectively, the "UNITS") consisting of the medical office space designated in such Schedule (collectively, the "OFFICE SPACE").
Sample 1
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Sublease of Office Space. VTPI shall and hereby does sublease to CRI that portion of the office space located at 00 Xxxxxx Xxxxxx, South Hackensack, New Jersey, as set forth in Schedule 1.9 attached hereto and incorporated herein. Said sublease shall be subject to compliance by the parties with Section 11 of the master lease by and between VTPI and Mejor Angora, L.L.C. dated August 27, 1996. The parties hereto shall cooperate in obtaining all necessary approvals of the landlord to implement the sublease, and CRI shall undertake to assume and abide by the terms and conditions of the master lease, provided that VTPI shall remain directly and primarily liable for the performance of the terms and conditions of the master lease. Said sublease shall continue for the unexpired term of the master lease or until terminated. The current monthly rent for the space is $4,340. Fast-Pak Trading shall pay $500 per month. CRI shall pay $500 for the rear storage space set forth in the letter agreement dated March 14, 1997, between Mejor Angora, L.L.C. and VTPI, and shall have the option to cancel the use of said space at any time. The remaining monthly rent of $3,340 shall be split as follows: IVT shall pay one-half ($1,670) and CRI shall pay the other half ($1670). CRI shall pay to VTPI the monthly rent on or before the first day of each month commencing the first day of the month following Closing. Said monthly rent shall be increased in proportion to any increases of the monthly rent as set forth in the master lease, including any increases in real estate taxes. CRI shall pay its proportionate share of utilities services and repairs as set forth in Section 6 of the master lease. At Closing CRI and VTPI shall enter into a sublease agreement mutually acceptable to both parties.
Sample 1
Sublease of Office Space. The Manager, as sublessor, and the LLC, as sublessee, shall, simultaneously with the execution of this Agreement (or as soon after Closing as is reasonably practicable), enter into a Sublease in form substantially similar to Exhibit 2b attached hereto as a part hereof (each a "Sublease") for and in respect of each location where the LLC intends to establish an office from which to engage in the Practice of Medicine as of the Closing Date. Specifically, the Manager and the LLC will enter into a Sublease for those portions of each of the buildings shown on Schedule 2b attached hereto as a part hereof (collectively, the "Units") consisting of the medical office space designated in such Schedule (collectively, the "Office Space").
Sample 1
Sublease of Office Space. EKI hereby subleases to the Company, and the Company hereby subleases from EKI, the area the Company is presently occupying at EKI's headquarters located at 000 Xxxxxxxxx Xxxxx, Xxxxx Xxxxxxx, Xxxxxxxxxx, comprising approximately 1,600 square feet (the "Subleased Premises"). EKI shall also provide janitorial services with respect to the Subleased Premises and shall provide the Company with reasonable use of EKI's receptionist and EKI's conference rooms. EKI represents and warrants to the Company that it has full right, authority and power to sublease the Subleased Premises to the Company. The sublease created hereby shall not be a triple net lease and EKI shall be responsible for the cost of all property taxes and property and casualty insurance with respect to the Subleased Premises. The Company shall be responsible for the maintenance of, and improvements to, the Subleased Premises, provided any such maintenance or improvement projects are approved in advance by the Company.
Sample 1
Sublease of Office Space. Company and Buyer desire to enter into a Sublease Agreement for a portion of the Company’s current office space consisting of the entire second floor of the building, as set forth in more detail in the proposed Sublease Agreement attached hereto as Schedule 9.1(e). Company’s current lease requires its landlord’s consent, not to be unreasonably withheld, in order to enter into a sublease. Company covenants and agrees to promptly obtain the landlord’s consent. Upon obtaining the landlord’s consent, Company and Buyer covenant and agree to execute the Sublease Agreement attached hereto as Schedule 9.1(e). As a matter of convenience, at the Closing, the parties will execute the Sublease Agreement, but it will be held in escrow and will not be legally effective. The parties agree that the Sublease Agreement will not be released from escrow unless both Company and Buyer, acting through their counsel, agree in writing. Prior to entry into a legally binding sublease, Company shall permit Buyer to use the to-be-subleased portion of its offices pursuant to the Transition Services Agreement in exchange for a fee corresponding to the rent which would otherwise be payable under the Sublease Agreement, calculated on a per diem basis.
Sample 1
Sublease of Office Space. Shareholder, subject to the prior rights which Brookfield Management Services ("Landlord") may have under -------- the master lease, agrees to enter into a Sublease Agreement with Surviving Entity substantially in the form of the Sublease Agreement attached hereto as Exhibit 6.2.4, pursuant to which Shareholder shall sublease to Surviving Entity ------------- the space identified on the attached floor plan of the 27th floor at Republic Plaza, 000 00xx Xxxxxx, Xxxxxx, Xxxxxxxx, plus associated storage space, at the rate of $22.00 per square foot for a term identical to that of the master lease between Shareholder and Landlord. In addition, Shareholder shall commit to sublease to Surviving Entity two additional offices, as marked on the attached floor plan, at the rate of $22.00 per square foot, inclusive of related storage space upon the terms and conditions set forth in the Sublease Agreement.
Sample 1

Related to Sublease of Office Space

  • Office Space Manager will provide office space in the offices of the Manager or in such other place as may be reasonably agreed upon by the parties hereto from time to time, and all necessary office facilities and equipment;

  • Lease of Premises Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises for the Term and upon the terms, covenants and conditions provided in this Lease.

  • RELOCATION OF PREMISES Landlord shall have the right to relocate the Premises to another part of the Building in accordance with the following:

  • Subleased Premises Sublandlord does hereby sublease to Subtenant, and Subtenant subleases and rents from Sublandlord, the Premises (the “Subleased Premises”).

  • Condition of Subleased Premises (a) Subtenant shall maintain and repair the Subleased Premises in a manner consistent with Sublandlord’s obligations under the Lease. Sublandlord shall have the right to enter the Subleased Premises from time to time upon reasonable prior notice to Subtenant, during normal business hours and escorted by Subtenant (if Subtenant makes such escort reasonably available). Sublandlord’s right of entry shall include the right of inspection to confirm that Subtenant is in compliance with all applicable maintenance and repair obligations set forth in the Lease. In the event that Sublandlord determines, in Sublandlord’s reasonable opinion, that Subtenant is in default of any maintenance and/or repair obligation set forth in the Lease, and such default may incur liability to Sublandlord upon the surrender of the Subleased Premises upon the expiration or earlier termination of the Lease (a “Required Repair Item”), then Sublandlord shall have the right to notify Subtenant of any such Required Repair Items. Subtenant shall be obligated to cure such Required Repair Items within thirty (30) days of such notice from Sublandlord, or, if such Required Repair Items cannot be reasonably completed in such thirty (30) day period, such longer period as reasonably necessary to cure such Required Repair Items, so long as Subtenant has commenced such cure and diligently pursues such cure to completion. In no event shall Sublandlord’s rights hereunder impose any additional and/or greater repair or maintenance standards from those set forth in the Lease. In the event Subtenant fails to cure such Required Repair Items as set forth above, then such failure shall be deemed a default under this Sublease, entitling Sublandlord to exercise any of its rights and remedies herein, including, without limitation, the self help rights set forth in Section 6(b) above.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Rentable Area of the Premises The term "Rentable Area of the Premises" shall mean 7,000 square feet, which Landlord and Tenant have stipulated as the Rentable Area of the Premises. Tenant acknowledges that the Rentable Area of the Premises includes the usable area of the premises, without deduction for columns or projections, multiplied by a load factor to reflect a share of certain areas, which may include lobbies, corridors, mechanical, utility, janitorial, boiler and service rooms and closets, restrooms and other public, common and service areas of the Building.

  • Sublease Premises On and subject to the terms and conditions below, Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the Sublease Premises.

  • Access to Leased Premises Landlord may enter the Leased Premises after business hours, upon twenty-four (24) hour notice to Tenant (and at any time and without notice in case of emergency), for the purposes of (a) inspect the Leased Premises, (b) exhibiting the Leased Premises to prospective purchasers, lenders or, within one hundred eighty (180) days of the end of the Term, prospective, (c) determining whether Tenant is complying with all of its obligations hereunder, (d) supplying janitorial service and any other services to be provided by Landlord to Tenant hereunder, (e) post notices of non-responsibility, and (f) make repairs required of Landlord under the terms hereof or repairs to any adjoining space or utility services or make repairs, alterations or improvements to any other portion of the Building. For such purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in, on or about the Leased Premises (excluding Tenant’s vaults, safes, storage facilities for sensitive materials, confidential patient files and similar areas designated in writing by Tenant in advance); and Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in any emergency in order to obtain entry to the Leased Premises. If, as a result of any such inspection or for any reason, Landlord reasonably determines that Tenant has failed to meet its obligations under Section 5.2 hereof, Landlord shall so notify Tenant and Tenant shall immediately commence to cure any such failure. In the event Tenant refuses or neglects to commence and complete such cure within a reasonable time, Landlord may make or cause to be made such repairs. In such event, Landlord’s cost to make such repairs shall constitute an Advance.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

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