Common use of SUBORDINATION TO AND INCORPORATION OF THE PRIME LEASE Clause in Contracts

SUBORDINATION TO AND INCORPORATION OF THE PRIME LEASE. A. Except to the extent of any conflict between this Sublease and the Prime Lease, in which event, as between Sublandlord and Subtenant, this Sublease shall control, this Sublease and all of Subtenant’s rights hereunder are and shall remain in all respects subject and subordinate to (i) all of the terms, conditions and provisions of the Prime Lease, a true and complete copy of which has been delivered to and reviewed by Subtenant and is attached hereto as Schedule A, (ii) any and all amendments or modifications to the Prime Lease or supplemental agreements relating thereto hereafter made between the Prime Landlord and Sublandlord which do not in any respect contravene any express rights granted to Subtenant hereunder or increase the obligations of Subtenant hereunder and (iii) any and all matters to which the tenancy of Sublandlord, as tenant under the Prime Lease, is or may be subordinate. The foregoing provisions shall be self-operative and no further instrument of subordination shall be necessary to effectuate such provisions.

Appears in 2 contracts

Samples: HTM Sublease Agreement, Sublease (Getty Images Inc)

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SUBORDINATION TO AND INCORPORATION OF THE PRIME LEASE. A. Except to the extent of any conflict between this Sublease and the Prime Lease, in which event, as between Sublandlord and Subtenant, this Sublease shall control, this Sublease and all of Subtenant’s rights hereunder are and shall remain in all respects subject and subordinate to (i) all of the terms, conditions and provisions of the Prime Lease, a true and complete copy of which has been delivered to and reviewed by Subtenant and is attached hereto as Schedule A, (ii) any and all amendments or modifications to the Prime Lease or supplemental agreements relating thereto hereafter made between the Prime Landlord and Sublandlord which do not in any respect contravene any express rights granted to Subtenant hereunder or hereunder, increase the obligations of Subtenant or decrease the obligations of Sublandlord hereunder and (iii) any and all matters to which the tenancy of Sublandlord, as tenant under the Prime Lease, is or may be subordinate. The foregoing provisions shall be self-operative and no further instrument of subordination shall be necessary to effectuate such provisions.

Appears in 1 contract

Samples: Agreement of Sublease (Getty Images Inc)

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SUBORDINATION TO AND INCORPORATION OF THE PRIME LEASE. A. Except to the extent of any conflict between this Sublease and the Prime Lease, in which event, as between Sublandlord and Subtenant, this Sublease shall control, this 7.1 This Sublease and all of Subtenant’s 's rights hereunder are and shall remain in all respects subject and subordinate to (i) all of the terms, conditions and provisions of the Prime Lease, a true and complete copy of which has been delivered to (except for the reduction of the rent and reviewed by Subtenant and certain other financial provisions) is attached hereto as Schedule Exhibit A, together with any amendments or modifications thereto. This Sublease and all of Subtenant's rights hereunder shall also remain subject and subordinate to (iia) any and all amendments or modifications to the Prime Lease or supplemental agreements relating thereto hereafter made between the Prime Landlord and Sublandlord which do not in any respect contravene any express rights granted to Subtenant hereunder or increase the obligations of Subtenant hereunder and (iiib) any and all matters to which the tenancy of Sublandlord, as tenant under the Prime Lease, is or may be subordinate. Subtenant shall (except as otherwise expressly provided in this Sublease) in no case have any rights under this Sublease greater than Sublandlord's right as tenant under the Prime Lease. The foregoing provisions shall be self-operative and no further instrument of subordination shall be necessary to effectuate such provisions.

Appears in 1 contract

Samples: Supplemental Indenture (Abacus Direct Corp)

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