Common use of Sublease Subordinate to Master Lease Clause in Contracts

Sublease Subordinate to Master Lease. This Sublease is subject and subordinate to the Master Lease. 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 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 during the term of this Sublease 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 or suffer any act of negligence that will violate any of the provisions of the Master Lease. If the Master Lease terminates for any reason (other than as a result of a consensual termination by Lessor and Sublessor), this Sublease shall 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 Sublessor or Sublessee under the Master Lease or under this Sublease, the defaulting party shall be liable to the non-defaulting party for all damage suffered by the non-defaulting party as a result of the termination. Sublessee shall provide copies of all reports required under the Master Lease to Sublessor and to Lessor.

Appears in 2 contracts

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

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Sublease Subordinate to Master Lease. This Sublease is and shall be at all times subject and subordinate to the Master Lease. 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 Subtenant shall not 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 do anything that would constitute a default under the Master Lease during or omit to do anything that Subtenant is obligated to do under the term terms of this Sublease with respect so as to the Premises, except that the obligation cause there to pay rent to Lessor be a default 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 or suffer any act of negligence that will violate any of the provisions of the Master Lease. If the Master Lease terminates for any reason (other than as a result of a consensual termination by Lessor and Sublessor)with respect to the Subleased Premises, 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 Sublessor any further liability or Sublessee under the Master Lease or obligation under this Sublease, except pursuant to any provision of this Sublease that survives the defaulting party shall be liable to the non-defaulting party for all damage suffered by the non-defaulting party as a result expiration or earlier termination of this Sublease. As between Sublandlord and Subtenant, if there are inconsistencies between any provision of the terminationMaster Lease and any provision of this Sublease, this Sublease shall control. Sublessee shall provide copies of all reports required Sublandlord agrees not to (a) cause any default under the Master Lease, or (b) terminate or amend the Master Lease with respect to Sublessor and the Subleased Premises, or consent to Lessorsame, 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.)

Sublease Subordinate to Master Lease. This Sublease is subject and subordinate to the Master Lease. As and Subject to the extent hereinafter providedmodifications set forth in this Sublease, all applicable the terms and conditions of the Master Lease are incorporated into herein by reference, and made a part of this Sublease will, as between Sublandlord and Subtenant (as if Sublessee they were the lessee Landlord and Tenant, respectively, under the Master Lease) constitute the terms of this Sublease except to the extent that they are inapplicable to, inconsistent with, or modified by, the terms of this Sublease. Sublessor shall not agree with Lessor to terminate Except as otherwise expressly provided herein (including the Master Lease immediately preceding sentence) and except with respect to the Premises without having first obtained Excluded Provisions (as defined below), Subtenant will perform all affirmative covenants and will refrain from performing any act which is prohibited by the prior written consent negative covenants of Sublessee. Unless expressly provided for in this Sublease to the contraryMaster Lease, Sublessee assumes and agrees where the obligation to perform or refrain from performing is by its nature imposed upon the Sublessor's obligations party in possession of the Sublease Premises. If practicable, Subtenant will perform affirmative covenants which are also covenant of Sublandlord under the Master Lease during the term of this Sublease with respect prior 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 or suffer any act of negligence that will violate any of the provisions of the Master Lease. If the Master Lease terminates for any reason (other than as a result of a consensual termination by Lessor and Sublessor), this Sublease shall terminate and the parties shall be relieved from all liabilities and obligations under this Sublease; provided, however, that if this Sublease date when Sublandlord’s performance is terminated by Lessor due to a default of Sublessor or Sublessee under the Master Lease or under this Sublease, the defaulting party shall be liable to the non-defaulting party for all damage suffered by the non-defaulting party as a result of the termination. Sublessee shall provide copies of all reports required under the Master Lease to Sublessor (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 inconsistencies between the terms and to Lessorprovisions of the Master Lease and the terms and provisions of this Sublease, the terms and provisions of this Sublease will govern as between Sublandlord and Subtenant. Subtenant acknowledges that it has reviewed the Master Lease and is familiar with the terms and conditions thereof.

Appears in 1 contract

Samples: Sublease Agreement (Archer Aviation Inc.)

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Sublease Subordinate to Master Lease. This Sublease is subject Subtenant acknowledges that the Sublandlord’s rights and subordinate to interests in the Subleased Premises derive solely from the Master Lease. As and to the extent hereinafter provided, all applicable terms and conditions of Unless 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 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 contraryLandlord should otherwise agree, Sublessee assumes and agrees to perform the Sublessor's obligations under the Master Lease during the term of this Sublease 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 or suffer any act of negligence that will violate any of the provisions of the Master Lease. If the Master Lease terminates should Sublandlord for any reason (other than as a result of a consensual termination by Lessor and Sublessor)whatsoever, voluntarily or involuntarily, no longer have the right to occupy the Subleased Premises, this Sublease shall terminate and the parties shall be relieved from have no further rights against one another, except for rights which arose prior to the date of termination of Sublandlord’s rights in the Subleased Premises. 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 in the event of Sublandlord’s default under Article XI of the Master Lease. Subtenant agrees to abide by all liabilities terms of the Master Lease and obligations under this Sublease; provided, however, any rules and regulations of Master Landlord promulgated thereunder. Subtenant acknowledges that if this Sublease is terminated by Lessor due to a default of Sublessor or Sublessee it has no rights under the Master Lease except those specifically set forth herein. Except as specifically excluded or under modified by this Sublease, the defaulting party shall be liable to the non-defaulting party for all damage suffered by the non-defaulting party as a result terms, covenants and conditions of the termination. Sublessee shall provide copies of all reports required under 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 Sublessor 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 Lessorthe 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.

Appears in 1 contract

Samples: Sublease Agreement (Viveve Medical, Inc.)

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