Sublease Termination. Provided that there is no earlier Event of Default under the Sublease on the part of the Sublessee and further provided there is no Event of Default under the Sublease on the Termination Date (as hereinafter defined), the Sublease (including without limitation Section 26 of the Sublease) shall be deemed terminated (the "Termination") effective as of the date set forth herein (the "Termination Date") as if the Termination Date was the date originally set forth in the Sublease for expiration of the Term of the Sublease. Effective as of the Termination Date, Sublessee shall have no further rights to use or occupy the Subleased Premises or obligations (except for Sublessee's Surviving Obligations as defined below) with respect to the Subleased Premises. The Termination Date for the Subleased Date for the Subleased Premises shall be 11:59 P.M. on September 30, 2001. Upon execution of this Agreement, Sublessor shall have access to the entire Subleased Premises for the purposes of showing the Subleased Premises to prospective tenants. The provisions of this Paragraph 1 shall not limit Sublessee's obligation to pay Yearly Fixed Rent, Parking Rent and additional rent accruing prior to the Termination Date in accordance with the terms of the Sublease. Should Sublessee default under this Agreement and/or the Second Amendment, (a) the Agreement shall at the sole option of Sublessor be of no further force and effect and the parties shall have all of their original obligations set forth in the Sublease and/or (b) Sublessor shall have all rights and remedies set forth in this Agreement and the Sublease for any such breach and/or default without any requirement of notice to Sublessee.
Sublease Termination. Tenant and Subtenant hereby agree that the Sublease shall terminate as of the Termination Date. From and after the Termination Date, Tenant and Subtenant shall have no further rights, obligations or claims with respect to each other arising under the Sublease after the Termination Date. Subtenant and Tenant represent that, as of the date hereof, neither has any knowledge of any default under the Sublease by the other nor any event or circumstance which, with the passage of time, would result in a default under the Sublease.
Sublease Termination. Tenant acknowledges that BiPar Sciences (“BiPar”) currently occupies the Released Space under the terms of a sublease agreement between Tenant and BiPar dated as of March 24, 2009. Tenant further understands and acknowledges that no privity of contract or estate exists between Landlord and BiPar and therefore agrees that Tenant shall be responsible, at no charge or cost to Landlord, for terminating the BiPar sublease and causing BiPar to vacate the Released Space on or before the Effective Date of this Agreement (subject to the provisions of ¶ 3.2 below) in order to effectuate the partial termination of the Lease provided for hereunder. Notwithstanding anything to the contrary herein or in the Lease, Tenant shall not be required to restore any improvements or remove any telecom wiring in the Released Space in connection with the partial termination of the Lease effected hereunder.
Sublease Termination. Upon the Sublease Termination Date (defined above), the Sublease shall be fully terminated, the Subleased Premises surrendered by Subtenant and the Parties relieved of all liabilities and obligations under the Sublease, except with respect to any claims or duties that accrued prior to termination and such liabilities and obligations as are intended to survive expiration of the Sublease.
Sublease Termination. Pfaltzgraff and Wellspan agree that notwithstanding anything to the contrary contained in the Sublease, the Sublease shall terminate and expire as of December 1, 2009 (the “Sublease Termination Date”) and effective as of the Sublease Termination Date the Sublease shall be null and void and of no further force and effect.
Sublease Termination. Landlord and Tenant hereby confirm the termination of the Sublease as the Effective Date.
Sublease Termination. If such proceedings shall result in the taking of the whole or substantially all of the demised premises, this Sublease and the term hereof shall terminate and expire on the date of such taking, and the Basic Rent, Additional Rent, and other sinus or charges provided in this Sublease to be paid by Tenant shall be apportioned and paid to the date of such taking.
Sublease Termination. Pennyrile Energy LLC has entered into a termination agreement (the “Termination Agreement”) with the sublessor under the Sublease Agreement wherein, among other things, the sublessor has agreed to termination of the Sublease Agreement on or before Closing, subject to right of Pennyrile Energy LLC to enter the premises to remove equipment and infrastructure from the Riveredge Mine as contemplated by Section 6.05 and the sealing of the Riveredge Mine as contemplated by Section 6.05, and waived sublessor’s right to acquire any or all of what would otherwise be Purchased Assets hereunder, including the Purchased Permits and the Real Property. A true and complete copy of the Termination Agreement has been provided to Buyer and the Termination Agreement is in full force and effect.
Sublease Termination. As of the Effective Date, BioNTech hereby surrenders the Subleased Premises to Voyager and Landlord. Upon the Effective Date, the BioNTech Sublease shall automatically terminate, shall be fully and finally surrendered and shall no longer be of any force or effect, except for those provisions that, by their express terms, survive the expiration or earlier termination of the BioNTech Sublease. For the avoidance of doubt, BioNTech shall not be required to have the Subleased Premises decontaminated as set forth in Section 11(a) of the BioNTech Sublease. BioNTech’s Annual Fixed Rent, Subtenant’s Share of Operating Expenses and Subtenant’s Share of Taxes shall be apportioned between Voyager and BioNTech as of the Effective Date and paid, if applicable, to the party entitled to the same as set forth in the Lease.
Sublease Termination. If Subtenant and Master Landlord enter into a new --------------------- lease agreement (the "New Lease") for the Sublease Premises to be effective prior to the expiration of the Master Lease and this Sublease, and Master Landlord releases Sublandlord of all obligations and liabilities under the Master Lease accruing subsequent to such effective date of the New Lease, Sublandlord shall release Subtenant of all obligations and liabilities accruing subsequent to such effective date of the New Lease.
