Common use of Sublease Subordinate to Master Lease Clause in Contracts

Sublease Subordinate to Master Lease. This Sublease is and shall be at all times subject and subordinate to the Master Lease. Subtenant shall not do anything that would constitute a default under the Master Lease or omit to do anything that Subtenant is obligated to do under the terms of this Sublease so as to cause there to be a default under the Master Lease. If the Master Lease terminates with respect to the Subleased Premises, this Sublease shall terminate, and the parties shall be relieved of any further liability or obligation under this Sublease, except pursuant to any provision of this Sublease that survives the expiration or earlier termination of this Sublease. As between Sublandlord and Subtenant, if there are inconsistencies between any provision of the Master Lease and any provision of this Sublease, this Sublease shall control. Sublandlord agrees not to (a) cause any default under the Master Lease, or (b) terminate or amend the Master Lease with respect to the Subleased Premises, or consent to same, without the prior written consent of Subtenant, which consent shall not be unreasonably withheld, conditioned or delayed with respect to an amendment that will not materially reduce the area of the Subleased Premises or increase Subtenant’s monetary obligations hereunder. The provisions of this section shall survive the termination or expiration of this Sublease.

Appears in 2 contracts

Samples: Sublease (Radius Health, Inc.), Sublease (Radius Health, Inc.)

AutoNDA by SimpleDocs

Sublease Subordinate to Master Lease. This Sublease is and shall be at all times subject and subordinate to the Master Lease. Subtenant As and to the extent hereinafter provided, all applicable terms and conditions of the Master Lease are incorporated into and made a part of this Sublease as if Sublessee were the lessee under the Master Lease. Sublessor shall not do anything that would constitute a default agree with Lessor to terminate the Master Lease with respect to the Premises without having first obtained the prior written consent of Sublessee. Unless expressly provided for in this Sublease to the contrary, Sublessee assumes and agrees to perform the Sublessor's obligations under the Master Lease or omit to do anything that Subtenant is obligated to do under during the terms term of this Sublease so as with respect to the Premises, except that the obligation to pay rent to Lessor under the Master Lease shall be considered performed by Sublessee by virtue of its payments and reimbursements to Sublessor pursuant to this Sublease. Sublessee shall not cause there to be a default under or suffer any act of negligence that will violate any of the provisions of the Master Lease. If the Master Lease terminates with respect to the Subleased Premisesfor any reason (other than as a result of a consensual termination by Lessor and Sublessor), this Sublease shall terminate, terminate and the parties shall be relieved from all liabilities and obligations under this Sublease; provided, however, that if this Sublease is terminated by Lessor due to a default of any further liability Sublessor or obligation Sublessee under the Master Lease or under this Sublease, except pursuant the defaulting party shall be liable to any provision the non-defaulting party for all damage suffered by the non-defaulting party as a result of this Sublease that survives the expiration or earlier termination termination. Sublessee shall provide copies of this Sublease. As between Sublandlord and Subtenant, if there are inconsistencies between any provision of all reports required under the Master Lease to Sublessor and any provision of this Sublease, this Sublease shall control. Sublandlord agrees not to (a) cause any default under the Master Lease, or (b) terminate or amend the Master Lease with respect to the Subleased Premises, or consent to same, without the prior written consent of Subtenant, which consent shall not be unreasonably withheld, conditioned or delayed with respect to an amendment that will not materially reduce the area of the Subleased Premises or increase Subtenant’s monetary obligations hereunder. The provisions of this section shall survive the termination or expiration of this SubleaseLessor.

Appears in 2 contracts

Samples: Sublease Agreement (Adcare Health Systems, Inc), Sublease Agreement (Adcare Health Systems, Inc)

Sublease Subordinate to Master Lease. This Sublease is Subtenant acknowledges that the Sublandlord’s rights and shall be at all times subject and subordinate to interests in the Subleased Premises derive solely from the Master Lease. Subtenant shall not do anything that would constitute a default under Unless the Master Lease Landlord should otherwise agree, should Sublandlord for any reason whatsoever, voluntarily or omit involuntarily, no longer have the right to do anything that Subtenant is obligated to do under the terms of this Sublease so as to cause there to be a default under the Master Lease. If the Master Lease terminates with respect to occupy the Subleased Premises, this Sublease shall terminate, terminate and the parties shall be relieved of any have no further liability or obligation under this Subleaserights against one another, except pursuant for rights which arose prior to any provision the date of this Sublease that survives the expiration or earlier termination of this SubleaseSublandlord’s rights in the Subleased Premises. As between Sublandlord Subtenant specifically acknowledges the potential termination of the Master Lease in the event of damage or destruction of the Building under Article IX of the Master Lease, in the event of the exercise of eminent domain rights under Article X of the Master Lease, and Subtenant, if there are inconsistencies between any provision in the event of Sublandlord’s default under Article XI of the Master Lease. Subtenant agrees to abide by all terms of the Master Lease and any provision rules and regulations of Master Landlord promulgated thereunder. Subtenant acknowledges that it has no rights under the Master Lease except those specifically set forth herein. Except as specifically excluded or modified by this Sublease, the terms, covenants and conditions of the Master Lease are incorporated herein by reference so that each and every such term, covenant and condition of the Master Lease binding on or inuring to the benefit of Landlord thereunder shall in respect of this Sublease, bind or inure to the benefit of Sublandlord and each and every such term, covenant and condition of the Master Lease binding or incurring to the benefit of the Tenant thereunder shall, in respect of this Sublease, bind or inure to the benefit of Subtenant. In the event of a conflict between the terms and conditions of the Master Lease and the terms and conditions of this Sublease, then the terms and conditions of this Sublease shall control. Sublandlord agrees not to (a) cause any default under the Master Lease, or (b) terminate or amend the Master Lease with respect to the Subleased Premises, or consent to same, without the prior written consent of Subtenant, which consent shall not be unreasonably withheld, conditioned or delayed with respect to an amendment that will not materially reduce the area of the Subleased Premises or increase Subtenant’s monetary obligations hereunder. The provisions of this section shall survive the termination or expiration of this Sublease.

Appears in 1 contract

Samples: Sublease Agreement (Viveve Medical, Inc.)

AutoNDA by SimpleDocs

Sublease Subordinate to Master Lease. This Sublease is and shall be at all times subject and subordinate to the Master Lease. Subject to the modifications set forth in this Sublease, the terms of the Master Lease are incorporated herein by reference, and will, as between Sublandlord and Subtenant shall not do anything that would constitute a default (as if they were Landlord and Tenant, respectively, under the Master Lease or omit to do anything that Subtenant is obligated to do under Lease) constitute the terms of this Sublease so except to the extent that they are inapplicable to, inconsistent with, or modified by, the terms of this Sublease. Except as to cause there to be a default under otherwise expressly provided herein (including the Master Lease. If the Master Lease terminates immediately preceding sentence) and except with respect to the Subleased Excluded Provisions (as defined below), Subtenant will perform all affirmative covenants and will refrain from performing any act which is prohibited by the negative covenants of the Master Lease, where the obligation to perform or refrain from performing is by its nature imposed upon the party in possession of the Sublease Premises. If practicable, this Sublease shall terminate, and Subtenant will perform affirmative covenants which are also covenant of Sublandlord under the parties shall be relieved Master Lease prior to the date when Sublandlord’s performance is required under the Master Lease (provided that if notice is required under the Master Lease in connection therewith that Sublandlord provides Subtenant with such notice). In the event of any further liability or obligation under this Sublease, except pursuant to any provision of this Sublease that survives the expiration or earlier termination of this Sublease. As between Sublandlord and Subtenant, if there are inconsistencies between any provision the terms and provisions of the Master Lease and any provision the terms and provisions of this Sublease, the terms and provisions of this Sublease shall controlwill govern as between Sublandlord and Subtenant. Sublandlord agrees not to (a) cause any default under the Master Lease, or (b) terminate or amend Subtenant acknowledges that it has reviewed the Master Lease and is familiar with respect to the Subleased Premises, or consent to same, without the prior written consent of Subtenant, which consent shall not be unreasonably withheld, conditioned or delayed with respect to an amendment that will not materially reduce the area of the Subleased Premises or increase Subtenant’s monetary obligations hereunder. The provisions of this section shall survive the termination or expiration of this Subleaseterms and conditions thereof.

Appears in 1 contract

Samples: Sublease Agreement (Archer Aviation Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.