SUPERIOR LEASE Clause Samples
The Superior Lease clause defines the relationship between a lease and any overarching lease or interest (the 'superior lease') that governs the property. It typically stipulates that the tenant’s rights and obligations are subject to the terms of the superior lease, and may require the tenant to comply with those terms or acknowledge that their lease could be affected by the superior leaseholder’s actions. This clause ensures that all parties are aware of the hierarchy of interests in the property, helping to prevent conflicts and clarify the tenant’s position if the superior lease is terminated or modified.
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SUPERIOR LEASE. Any lease to which this Lease is, at the time referred to, subject and subordinate.
SUPERIOR LEASE. 4.5.1 To comply with all the obligations imposed upon the Landlord by a Superior Landlord if the Property is held under a Superior Lease.
4.5.2 To take all reasonable steps to ensure that the Superior Landlord complies with the obligations of the Superior Lease.
SUPERIOR LEASE. 3.18.1 To comply with all the conditions of any Superior Lease of which the Tenant has been given notice prior to signing this Tenancy Agreement, under which the Landlord owns the Property (if applicable) except for the payment of ground rent and maintenance charges, and to perform any covenants in the Superior Lease.
3.18.2 To agree to enter into any agreement, deed of covenant or licence with the Superior Landlord to observe and perform the covenants of the Superior Lease if reasonably required to do so.
SUPERIOR LEASE. The Landlord shall pay the rent reserved by the Superior Lease as and when it falls due and will observe and perform its covenants in the Superior Lease (except insofar as the Tenant covenants so to do under this Lease) but this covenant shall be by way of indemnity only for the Tenant.
SUPERIOR LEASE. With respect to the Facility for which there exists a Superior Lease, this Lease shall be deemed a sublease of Lessor’s entire interest as tenant/lessee under such Superior Lease. Lessee acknowledges that it shall have no interest in the Leased Property of any Facility subject to the Superior Lease, and that Lessor has no ability to grant or convey any interest therein, beyond the interest granted to Lessor as the tenant/lessee under such Superior Lease. This Lease shall be subject and subordinate in all respect to the Superior Lease. At Superior Lessor’s request, Lessee shall attorn to such Superior Lessor, or any successor-in- interest to such Superior Lessor. This clause shall be self-operative and no further instrument of subordination shall be required; provided that upon the request of Lessee, Lessor shall use commercially reasonable efforts to cause Superior Lessor to deliver to Lessee a non-disturbance agreement in form and substance reasonably acceptable to Lessee and Superior Lessor. Lessee acknowledges that the Superior Lease imposes certain obligations on the tenant or lessee thereunder to comply with or cause the operator and/or sublessee of the Facility to comply with all representations, covenants and warranties contained therein relating to such Facility and the operator and/or sublessee of such Facility, including, covenants relating to (a) the maintenance and repair of the Facility, (b) maintenance and submission of financial records and accounts of the operation of the Facility and related financial and other information regarding the operator and/or lessee of the Facility and the Facility itself, (c) the procurement of insurance policies with respect to the Facility, and (d) without limiting the foregoing, compliance with all Legal Requirements relating to the Facility and the operation thereof for its Primary Intended Use. For so long as any interest is held in the Leased Property pursuant to the Superior Lease, Lessee covenants and agrees, at its sole cost and expense and for the express benefit of Lessor, to operate the Facility in strict compliance with the terms and conditions of the Superior Lease and to timely perform all of the obligations of Lessor relating thereto (other than with respect to the payment of any rent or other monetary obligations of Lessor thereunder to the extent the same would be in addition to the Rent and other costs and expenses expressly required to be paid by Lessee hereunder), or to the extent that any o...
SUPERIOR LEASE. The Landlord shall observe and perform the tenant covenants in the Superior Lease including to pay the rent save where they are the responsibility of the Tenant or another occupier of all or any part of the Building and shall procure so far as possible the Superior Landlord’s compliance with the landlord covenants in the Superior Lease.
SUPERIOR LEASE. The Tenant will comply with the obligations of the tenant contained or referred to in any lease which is superior to this lease. This clause does not apply:
3.18.1 where the Landlord expressly agrees in this lease to comply with the relevant obligations; or
3.18.2 to obligations relating either to the payment of rent or to premises other than the Property.
SUPERIOR LEASE. The Landlord will pay the rent payable under any superior lease and comply with the tenant's obligations under it insofar as they are not the responsibility of the Tenant under this lease or relate to premises other than the Property.
SUPERIOR LEASE. To observe and perform the tenant covenants in the Superior Lease in so far as they relate to the Premises except for the covenant to pay rent.
SUPERIOR LEASE. Not to cause the Landlord to be in breach of its tenant covenants in the Superior Lease.