Common use of Termination of Prime Lease Clause in Contracts

Termination of Prime Lease. If for any reason the term of the Prime Lease shall terminate prior to the last day of the Term of this Sublease, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease and Sublessor shall not be liable to Sublessee by reason thereof.

Appears in 4 contracts

Samples: Lease (Editas Medicine, Inc.), Lease (Editas Medicine, Inc.), Lease (Editas Medicine, Inc.)

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Termination of Prime Lease. If the Prime Lease expires or terminates for any reason during the term of the Prime Lease shall terminate prior to the last day of the Term of this Sublease, this Sublease shall thereupon automatically terminate as to concurrently with the premises demised under termination or expiration of the Prime Lease Lease, and Sublessor shall not be liable have no liability to Sublessee by reason thereofas a result of the termination or expiration.

Appears in 3 contracts

Samples: Sublease Agreement (Cross Continent Auto Retailers Inc M&l), Sublease Agreement (Cross Continent Auto Retailers Inc M&l), Sublease Agreement (Cross Continent Auto Retailers Inc M&l)

Termination of Prime Lease. If for any reason the term of the Prime Lease shall terminate is terminated prior to the last day of the Term Expiration Date of this Sublease, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease be terminated and Sublessor shall not be liable to Sublessee Subtenant by reason thereofthereof unless such termination is due to the negligence or wrongful acts of Sublessor, its agents, employees or contractors or a breach by Sublessor of its obligations under the Prime Lease or this Sublease.

Appears in 2 contracts

Samples: National Financial Partners Corp, Kbw, Inc.

Termination of Prime Lease. If for any reason the term of the Prime Lease shall terminate is terminated prior to the last day of the Term Expiration Date of this Sublease, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease be terminated and Sublessor shall not be liable to Sublessee Subtenant by reason thereofthereof unless such termination is due to a breach by Sublessor of its obligations under the Prime Lease or this Sublease, or by affirmative act or agreement between Sublessor and Prime Landlord in which event Sublessor shall be fully liable to Subtenant for all actual damages occasioned to Subtenant by such cancellation.

Appears in 1 contract

Samples: Bisys Group Inc

Termination of Prime Lease. If for any reason whatsoever the term of the Prime Lease shall terminate be terminated prior to the last day of the Term expiration date of this Sublease, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease be ipso facto terminated and Sublessor shall not be liable to Sublessee by reason thereof, unless said termination shall have been effected because of a default on the part of Sublessor as Tenant under the Prime Lease which was not the result of a default by Sublessee.

Appears in 1 contract

Samples: Everest Reinsurance Holdings Inc

Termination of Prime Lease. If the Prime Lease is terminated for any reason reason, this Sublease shall terminate as of the term date of termination of the Prime Lease. Sublessor shall have no liability to Sublessee as a result of such termination unless such termination results from a breach of the Prime Lease shall terminate prior to by Sublessor, any exercise by Sublessor of any right of cancellation, or if such termination is the last day result of the Term of this Sublease, this Sublease shall thereupon automatically terminate as to the premises demised under the an agreement between Sublessor and Prime Lease and Sublessor shall not be liable to Sublessee by reason thereofLandlord.

Appears in 1 contract

Samples: Office Lease Agreement (Xanodyne Pharmaceuticals Inc)

Termination of Prime Lease. If for any reason the term of Prime Landlord terminates the Prime Lease shall terminate prior pursuant to its terms or the last day of the Term of this SubleasePrime Lease otherwise terminates or expires, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease likewise and Sublessor shall not be liable to Sublessee by reason thereofsimultaneously terminate.

Appears in 1 contract

Samples: Sublease (Acusphere Inc)

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Termination of Prime Lease. If for any reason the term of either Prime Landlord or Sublandlord terminates the Prime Lease shall terminate prior pursuant to its terms or the last day of the Term of this SubleasePrime Lease otherwise terminates or expires, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease likewise and Sublessor shall not be liable to Sublessee by reason thereof.simultaneously terminate. [End of text on page]

Appears in 1 contract

Samples: Sublease (Authoriszor Inc)

Termination of Prime Lease. If for any reason the term of either Prime Landlord or Sublandlord terminates the Prime Lease shall terminate prior pursuant to its terms or the last day of the Term of this SubleasePrime Lease otherwise terminates or expires, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease likewise and Sublessor shall not be liable to Sublessee by reason thereofsimultaneously terminate.

Appears in 1 contract

Samples: Navisite Inc

Termination of Prime Lease. If for any reason the term of the Prime Lease shall terminate prior to the last day of the Term of this Subleaseis terminated for any reason, this Sublease shall thereupon automatically terminate as to the premises demised under the Prime Lease and Sublessor shall not be liable to Sublessee by reason thereofsimultaneously.

Appears in 1 contract

Samples: Office Lease (Success Bancshares Inc)

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