Subleases Permitted. Subject to subparagraphs (d), (e) and (f) hereof and Article 5 hereof, Tenant may sublet the Leased Property or any portion or portions thereof and retain any profits derived from such subleasing, provided that (i) no Event of Default has occurred and is continuing, and (ii) each sublease shall expressly be made subject to the terms of this Lease.
Appears in 2 contracts
Samples: Lease Agreement (Gramercy Capital Corp), Lease Agreement (Gramercy Capital Corp)
Subleases Permitted. Subject to subparagraphs (d), (ec) and (f) hereof and Article 5 hereof, Tenant may sublet the Leased Property or any portion or portions thereof and retain any profits derived from such subleasingthereof, provided that (i) no Event event of Default default has occurred and is continuing, and (ii) each sublease shall expressly be made subject to the terms provisions of this Lease.
Appears in 2 contracts
Samples: Lease Agreement (Gramercy Capital Corp), Lease Agreement (Gramercy Capital Corp)