The Subleased Premises Clause Samples
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The Subleased Premises. (a) The foregoing recitals are incorporated in and are a part of this Sublease. Sublandlord hereby (i) subleases to Subtenant and Subtenant hereby subleases from Sublandlord, Suite 420, which is more particularly described on Exhibit B (“Suite 420 Sublease Premises”), and, (ii) upon the Suite 450 Sublease Commencement Date, subleases to Subtenant and Subtenant hereby subleases from Sublandlord, Suite 450, which is more particularly described on Exhibit B (the “Suite 450 Sublease Premises” and, together with the Suite 420 Sublease Premises, the “Subleased Premises”).
(b) The term of the Sublease with respect to Suite 420 Sublease Premises (the “Suite 420 Term”) shall commence on the receipt of Prime Landlord’s Consent (the “Suite 420 Commencement Date”), and shall expire on January 31, 2017 (the “Expiration Date”), unless the Suite 420 Term shall sooner terminate pursuant to the terms of this Sublease. At Sublandlord’s request, promptly after the Suite 420 Commencement Date is ascertained, Sublandlord and Subtenant shall execute a written declaration (the “Suite 420 Declaration”) setting forth the Suite 420 Commencement Date and the date upon which the term of this Sublease will expire. Any failure of the parties to execute such Suite 420 Declaration shall not affect the validity of the Suite 420 Commencement Date as determined in accordance with this Section.
(c) The term of the Sublease with respect to the Suite 450 Sublease Premises (the “Suite 450 Term” and, together with the Suite 420 Term, the “Term”) shall commence on the later of (i) the receipt of Prime Landlord’s Consent, (ii) September 1, 2014 or (iii) upon Sublandlord’s move out of Suite 450 (the “Suite 450 Commencement Date” and, together with the Suite 420 Commencement Date, the “Commencement Date”), and shall expire on the Expiration Date, unless the Suite 450 Term shall sooner terminate pursuant to the terms of this Sublease. If, at any time, Sublandlord believes, for any reason, that it is reasonably likely that its move out of Suite 450 will not have occurred prior to November 1, 2014, Sublandlord shall promptly notify Subtenant in writing of such anticipated delay and shall grant Subtenant one of the following additional rights: (i) Subtenant shall have the right to immediately terminate the sublease of Suite 450 under this Sublease upon written notice to Sublandlord delivered anytime within thirty (30) days of Subtenant’s receipt of such notice from Sublandlord, in which case the Premise...
The Subleased Premises. Pursuant to that certain sublease dated as of August 21, 1996 between KBC of America, Inc., as sublessor, and Prospectus Plus, Inc., as sublessee, which sublease was assigned to Tenant pursuant to that certain assignment dated as of December 17, 1996 between Prospectus Plus, Inc., as assignor, and Tenant, as assignee (collectively, the “Sublease”), Tenant is currently occupying certain additional space on floor 12A of the Building which is adjacent to the Premises (the “Subleased Premises”). For a term commencing on July 30, 2000 or upon such earlier date that the Sublease shall terminate (such earlier date is hereinafter referred to as the “Adjustment Date”), the following additional space in the Building shall be added to and included in the Premises, to wit: a portion of floor 12A of the Building substantially as shown hatched on the floor plan annexed hereto as Exhibit 2 and made a part hereof (the “Subleased Premises”),
The Subleased Premises. The Subleased Premises contains approximately 329 square feet of space (the “Subleased Premises”) located in Suite 108, Room P, in the building known as ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “Building”) as more fully shown on the site plan (“Site Plan”) attached hereto as Exhibit A. Sublandlord grants to Subtenant access to and use of the common areas (the “Common Areas”) in the Building and on the land surrounding the Building (the “Land”).
The Subleased Premises. 2.1. The subleased premises cover the following areas, see Annex 1: 108 Ground floor Regular workplace Non-regular workplace Office - hereinafter the ‘Subleased Premises’.
2.2. The gross area includes access rooms, stairways, hallways, toilets, canteen, kitchenette, prototype workshop, changing room etc. as well as any escape routes, corridors, emergency exits etc. irrespective of the limitations attached thereto.
2.3. The parties are aware that the Danish Property Agency, Bygningsstyrelsen (BYGST) is the owner of the property situated at ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ Roskilde. Sections 25-28 of the Danish Business Tenancy Act as well as the principles of the provisions stated apply to this Sublease such that both CAS and BYGST have access to the Subleased Premises and have the right to make alterations.
2.4. In order to ensure optimum allocation of the premises on DTU’s area, the Sublessee is prepared to move to other similar premises on DTU’s area subject to not less than three months’ notice in writing to expire on the first day of a month. Such removal must be made at no cost to the Sublessee, including removal costs.
The Subleased Premises