Subleasing of Premises. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises, upon and subject to the terms and conditions hereinafter set forth.
Subleasing of Premises. Subject to the written consent of the Prime Landlord, Landlord hereby subleases to Tenant and Tenant hereby subleases from Landlord the Premises, upon and subject to all of the terms, covenants, recitals and conditions hereinafter set forth.
Subleasing of Premises. A. Sublessor hereby subleases to Sublessee and Sublessee hereby hires from Sublessor the Premises for the Term, as defined in Section 2 hereof.
Subleasing of Premises. 1.1. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises, as hereinafter defined, consisting of a portion of the Overxxxxx Xxxmises, as shown on "Exhibit A" annexed hereto and made a part hereof.
1.2. For all purposes of this Sublease, the parties agree that the Overxxxxx Xxxmises includes 5,047 square feet of rentable area, regardless of actual measurements or anything else to the contrary.
Subleasing of Premises. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises (commonly known as Suites 850 and 900), consisting of approximately 49,311 rentable square feet, together with any right Subtenant may have to use the Basement Garage and the Multi-Story Parking Facility (as such terms are defined in the Prime Lease).
Subleasing of Premises. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises, upon and subject to the terms and conditions hereinafter set forth. This Sublease includes, at no additional cost, the furniture, fixtures, equipment and cabling in the Premises on the date of this Sublease shown on the plans attached hereto as Exhibit C (the “Property”). During the term of this Sublease (a) on or before January 28, 2017, Subtenant shall not remove the Property from the Premises without the prior written consent of Sublandlord, which shall not be unreasonably withheld so long as such removal shall not diminish the utility or marketability of the Premises and (b) Sublandlord shall retain a lien on the Property at the Premises as security for Subtenant’s obligations under this Lease. After January 28, 2017, Subtenant may remove all of the Property from the Premises without the prior written consent of Sublandlord. In addition to the foregoing, at any time during the term of this Sublease, Subtenant may remove Property that, in the aggregate, does not exceed $1,000 in value (as reasonably determined by Subtenant), without Sublandlord’s consent, provided Subtenant (i) notifies Sublandlord regarding same and (ii) replaces such Property with furniture of equal or greater value, that is not encumbered or subject to any liens. As of the Expiration Date (as hereinafter defined), Subtenant shall be responsible to remove any Property from the Premises and the Building required to be removed pursuant to the Lease upon the expiration or sooner termination of this Sublease. Notwithstanding anything herein to the contrary, during the Term (as hereinafter defined), Sublandlord shall have the right of access to each of the pump room and electrical switch room as identified on Exhibit B hereto, in order to perform certain maintenance thereto and to remove personalty and alterations therefrom.
Subleasing of Premises. Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord that portion of the Prime Lease Premises consisting of approximately 27,035 rentable square feet of floor area located on the first and second floors of the Building, depicted as the Three (3) phased occupancy-hatched area on the floor plan annexed hereto as Exhibit C and made a part hereof (the “Subleased Premises”). As used herein, “Subleased Premises” shall include such appurtenant rights to use the common areas of the Building in common with Sublandlord and any other tenants and occupants thereof as granted to Sublandlord under the Master Lease to the extent reasonably required by Subtenant for the use of and access to the Subleased Premises as contemplated hereby, and the existing interior improvements of the Subleased Premises, upon and subject to all of the terms, covenants, rentals and conditions hereinafter set forth.
Subleasing of Premises. 1.1. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises, as hereinafter defined, consisting of:
(a) a portion of the third floor of the Overxxxxx Xxxmises, as shown on "Exhibit A" annexed hereto and made a part hereof and designated thereon and referred to herein as the "First Premises";
(b) a second portion of the third floor of the Overxxxxx Xxxmises, as shown on Exhibit A and designated thereon and referred to herein as the "Second Premises"; and
(c) a third portion of the third floor of the Overxxxxx Xxxmises, as shown on Exhibit A and designated thereon and referred to herein as the "Third Premises."
1.2. For all purposes of this Sublease, the parties agree that the Overxxxxx Xxxmises includes 40,906 square feet of rentable area, the First Premises includes 10,000 square feet of rentable area, the Second Premises includes 4,000 square feet of rentable area and the Third Premises includes 6,453 square feet of rentable area, regardless of actual measurements or anything else to the contrary.
Subleasing of Premises. Sublandlord subleases to Subtenant and Subtenant hires from Sublandlord the four executive offices on the west side of the Overlease Premises, as depicted on Exhibit A annexed hereto (the "Pxxxxxxx"). The Premises also includes (i) the use (subject to passage, ingress and egress by Sublandlord and its employees, agents and invitees to and from the balance of the Overlease Premises) of the secretarial and support areas contiguous xx xxx Xremises as also depicted on Exhibit A; (ii) the use in common with Sublandlord, of the Boardroom, kitchen and pantry, copy room, small conference room, mail room and file room (such use intended to approximate 50% thereof) on a first come, first served basis, and (iii) shared use of the reception area. The use by Subtenant includes the use of the furniture, fixtures and equipment ("Furnishings") now located within the four offices and the secretarial/support areas immediately adjacent thereto; Exhibit B annexed hereto lists the Furnishings and except as noted thereon the parties agree that the Furnishings are in good condition, free from damage or defects.
Subleasing of Premises. Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises, upon and subject to the terms and conditions hereinafter set forth. This Sublease is contingent upon the non-disapproval of this Sublease by the New York Insurance Department (the “Non-Disapproval”) on or before the Commencement Date (the “Non-Disapproval Contingency”). If the Non-Disapproval does not occur on or before the Commencement Date, then Subtenant shall have the option by written notice given to Sublandlord on the Commencement Date, time being of the essence with respect to the giving of such notice, to either terminate this Sublease for all purposes effective as of the Commencement Date (the “Non-Disapproval Termination Option”) or waive the Non-Disapproval Contingency set forth above. If the Non-Disapproval does not occur on or before the Commencement Date and the Subtenant does not on the Commencement Date exercise in writing the Non-Disapproval Termination Option, then Subtenant will be deemed to have irrevocably waived the Non-Disapproval Contingency and Subtenant’s Non-Disapproval Termination Option shall automatically be deemed null and void.
