CONSENT TO SUBLEASE
This Consent to Sublease is entered into as of the 6th day of January 1997, by
and among, 80-02 LEASEHOLD COMPANY ("Owner") NEWSDAY, INC.("Tenant"), and MAJOR
FLEET and LEASING CORP. ("Subtenant"), and is made with reference to the
following
WHEREAS, owner and Tenant are parties to that certain lease dated July 25, 1929,
an amended January 31, 1996 (the "Lease"), demising certain premises. in the
building (the "building) located at 00-00 Xxx Xxxxxxx Xxxx, Xxx Xxxxxxx, as more
particularly described in the Lease (the "Demised Premises"); and
WHEREAS, Tenant has requested that Owner consent to the subleasing of a portion
of the Demised Premises (the "Sublease Premises") to the Subtenant on the term
contained in a certain Sublease by and between Tenant and Subtenant, dated
January 8, 1997.
(The sublease); "and
WHEREAS, Owner is willing to consent to the Sublease upon the express terms and
conditions hereinafter set forth:
NOW, THEREFORE, in consideration of the mutual agreements herein contained and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows;
1. Each of the recitals set forth above is incorporated herein by this
reference.
2. Tenant hereby represents and warrants that it has delivered to owner a true,
correct and complete copy of the sublease.
3. Owner hereby consents to the subleasing of the Sublease Premises to Subtenant
upon the terms and conditions herein.
4. The consent by owner to such subleasing shall not operate as a waiver of any
term, condition, or provision of the Lease nor Shall the same in any -manner be
construed to modify any term, condition or provision or the Lease, and such
consent shall not be deemed to be a consent to any subsequent assignment of the
Lease or subsequent subleasing of the Demised Promises or any portion thereof,
nor Shall such consent- be deemed to constitute the consent or approval of any
specific terms or conditions contained in the sublease. I
5. Tenant and Subtenant expressly acknowledge and agree that any Work or
alterations to the Sublease Premises Shall be performed In a good and
workmanlike manner, in compliance with all applicable laws, without any expense
to Owner, and in compliance with the terms and conditions relating thereto as
set forth in the Lease.
6. The aforesaid consent by Owner shall not in any manner serve to release or
discharge Tenant from any obligation,
i
I
liabilities, or duties under the terms of the Lease.
3.0. Under no circumstances shall owner be liable for any brokerage commission
or other charge Or expense in connection with the Sublease, and Tenant hereby
indemnifier. and agrees to hold Owner harmless from any claim or liability,
wither meritorious or not, in connection with any such brokerage commission or
charge.
IN WITNESS WHEREOF, the parties have executed this Consent to Sublease as of the
day and year first written above.
8O-02 LEASEHOLD COMPANY,
Owner
By: /s/
NEWSDAY, INC., Tenant
7. The Sublease shall at all times remain subject and subordinate to the Lease,
and Subtenant by executing this Consent to Sublease agrees that Subtenant shall
km fully and completely
bound by each and every term of both the Lease insofar as such terms are
expressly incorporated in the Sublease. Any breach of the Lease, caused by the
Subtenant, Shall entitled owner to avail itself of any remedy set forth in the
Lease in the event of any such breach, as well as any other remedy available to
owner at law or in equity as AX the breach had been caused by Tenant.
a. Subtenant, by execution of this Consent to Sublease, acknowledges that
Subtenant has examined and is familiar with all Of the applicable terms,
provisions, and conditions of the Lease.
9. Tenant and Subtenant agree that to the extent any terms, conditions, or
provisions of the Sublease are contrary to the terms of the Lease, "the terms,
conditions, and provisions of the Sublease are not binding on Owner.
-2-
Name: /s/ XXXXX X. XXXXX
Xxxxx X. Xxxxx
Titles: Information
Systems & Engineering Services
MAJOR FLEET AND LEASING CORP.,
Subtenant
By: /s/ Xxxxx Xxxxx
Xxxxx Xxxxx, V.P.
