Common use of Termination of Master Lease Clause in Contracts

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlord.

Appears in 5 contracts

Samples: Sublease (Atheros Communications Inc), Sublease Agreement (Calico Commerce Inc/), Sublease Agreement (Security Dynamics Technologies Inc /De/)

AutoNDA by SimpleDocs

Termination of Master Lease. If This Sublease is and shall at all times be subordinate to the Master Lease. In the event the Master Lease is terminated for any reason reason, then, on the term date of such termination, this Sublease automatically shall terminate and be of no further force or effect. If the termination of the Master Lease shall terminate prior to (and the scheduled Expiration Dateresulting termination of this Sublease) occurs through no fault of Sublessor, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination Sublessor shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordno liability therefor to Sublessee.

Appears in 3 contracts

Samples: Sublease Agreement (Imanage Inc), Sublease Agreement (Imanage Inc), Sublease Agreement (Imanage Inc)

Termination of Master Lease. If for any reason the term Term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated terminated, and unless such termination of the Master Lease is due to a breach or Default by Sublandlord hereunder or thereunder, Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination thereof. Sublandlord shall have been effected because of the breach or default of Sublandlord under no obligation hereunder to exercise any option contained in the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by SublandlordLease.

Appears in 2 contracts

Samples: Sublease Agreement, Sublease Agreement (E Loan Inc)

Termination of Master Lease. If In the event the Master Lease is terminated for any reason reason, then, on the term date of such termination, this Sublease shall automatically terminate and be of no further force or effect. If the termination of the Master Lease shall terminate prior to the scheduled Expiration Date(and resulting termination of this Sublease) occurs through no fault of Sublandlord, this Sublease shall thereupon be terminated and Sublandlord shall not be liable have no liability to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such for the resultant termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordthis Sublease.

Appears in 2 contracts

Samples: Sublease (Netlogic Microsystems Inc), Sublease Agreement (Saflink Corp)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration DateDate of this Sublease, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlord.default

Appears in 2 contracts

Samples: Sublease Agreement (Northwest Biotherapeutics Inc), Sublease Agreement (Northwest Biotherapeutics Inc)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any and applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlord.

Appears in 1 contract

Samples: Sublease Agreement (Zoran Corp \De\)

Termination of Master Lease. If for any reason In the term event of and upon the termination or cancellation of the Master Lease shall terminate prior pursuant to any of the scheduled Expiration Dateprovisions thereof, this Sublease shall thereupon automatically expire and terminate and shall be terminated of no further force and Sublandlord shall not be liable effect (except with respect to Subtenant by reason thereof unless (i) those obligations that survive the expiration or termination of this Sublease), and Subtenant shall not then have no claim against Sublandlord of any kind whatsoever. If the Master Lease terminates, in no event shall Sublandlord be required to act beyond its obligations as tenant in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordas Sublandlord in this Sublease.

Appears in 1 contract

Samples: Consent to Sublease (NovaCardia Inc)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Sublease Expiration Date, this Sublease shall thereupon automatically be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of caused by the breach or default of Sublandlord under the Master Lease or Lease, and such Sublandlord default was not caused by reason of the voluntary a Subtenant default hereunder. Sublandlord shall use commercially reasonable efforts to provide notice to Subtenant prior to any termination or surrender of the Master Lease by Sublandlordof which Sublandlord receives written notice.

Appears in 1 contract

Samples: Sublease Agreement (Locust Walk Acquisition Corp.)

Termination of Master Lease. If the Master Lease is terminated for any reason reason, this Sublease shall terminate as of the term date of termination of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord Sublessor shall not be liable to Subtenant Sublessee by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because is based upon any action or failure to act by Sublessor which constitutes a default under Section 5(b) of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordthis Sublease.

Appears in 1 contract

Samples: Sublease (Genta Incorporated /De/)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Dateexpiration of the Term, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (ia) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (iib) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlord.

Appears in 1 contract

Samples: Sublease Agreement (Getty Images Inc)

AutoNDA by SimpleDocs

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected Date because of the breach or default of Sublandlord beyond any applicable notice and cure period under the Master Lease Lease, Sublandlord shall indemnify, defend and hold harmless Subtenant from and against all losses, costs, damages, expenses and liabilities, including, without limitation, reasonable attorneys' fees and disbursements, which Subtenant may incur or pay out by reason of the voluntary termination or surrender of the Master Lease by Sublandlordsuch termination.

Appears in 1 contract

Samples: Sublease Agreement (Getty Images Inc)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Dateexpiration of the Term, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlord.

Appears in 1 contract

Samples: Sublease Agreement (Daou Systems Inc)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord terminated. This Section 7 shall not be liable operate to Subtenant by reason thereof unless (irelieve Sublandlord of any of its obligations or liabilities under Section 5.2(d) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordabove.

Appears in 1 contract

Samples: Sublease (Ecotality, Inc.)

Termination of Master Lease. If In the event the Master Lease is terminated, this Sublease may be terminated upon written notice by either party to the other and in such event, neither party, provided it is not responsible for a default causing such termination of the Master Lease, shall have any reason further obligation or liability to the term other arising out of this Sublease except for rights or obligations accruing prior to the termination of this Sublease. Sublandlord shall forward a copy of any notice of termination of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by Sublandlordpromptly upon receipt.

Appears in 1 contract

Samples: Sublease (Maxxis Group Inc)

Termination of Master Lease. If for any reason the term of the Master Lease shall terminate prior to the scheduled Expiration Date, this Sublease shall thereupon be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless (i) Subtenant shall not then be in default hereunder beyond any applicable notice and cure period and (ii) such termination shall have been effected because of the breach or default of Sublandlord under the Master Lease or by reason of the voluntary termination or surrender of the Master Lease by SublandlordSublandlord (except in the event of a casualty or condemnation).

Appears in 1 contract

Samples: Sublease Agreement (Cutter & Buck Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!