Licence to Underlet definition

Licence to Underlet a licence to underlet or other deed containing a direct covenant by the Tenant with the Superior Lessor to pay the rents reserved by the Lease and to perform and observe all the covenants on the part of the lessee contained in the Lease and to perform and observe all the covenants on the part of the Landlord in the Superior Lease (other than the obligation to pay the rents thereby reserved and except where inapplicable to the Premises)
Sample 1
Licence to Underlet means a Licence from the Superior Landlord to the Landlord to underlet the Premises to the Tenant in a form reasonably acceptable to the parties hereto
Sample 1
Licence to Underlet a licence to underlet in the agreed form or in such other form as the Buyer or the Seller may agree (each party acting reasonably) made between the Landlord (1), The New Unique Broadcasting Company Limited (2) and the Company (3) authorising the grant of the Underlease “Loan Waiver Agreement” the loan waiver agreement to be entered into prior to Completion between (1) the Company and (2) the Seller in respect of an inter-company debt of (approximately) £8,000,000
Sample 1

Examples of Licence to Underlet in a sentence

  • RESOLVED That (1) approval be granted to Barry & Wilkinson Ltd to assign their current lease to Extrasmooth Ltd, and then to Superscore Ltd as part of a corporate reorganisation; and (2) approval be granted for a Licence to Underlet by Superscore Ltd to the proposed Undertenant, Micheldever Tyre Services Ltd.

  • The Cabinet Member also considered a request from Barry & Wilkinson to grant a Licence to Underlet.

  • This can usually be obtained from the managing agent of the building and is often referred to as a Licence to Underlet or Sublet.

  • Property Completion of the sale and purchase of the Leasehold Property (but not the sale of the business carried on at it) is conditional upon the grant of the relevant Licence to Assign (or the Licence to Underlet where an application is made pursuant to paragraph 3.5 or if applicable the obtaining of a Declaration pursuant to paragraph 3.7) and Standard Condition 10.3 shall apply in so far as it is not inconsistent with this paragraph 3.

  • Resource Capital Fund is not considered a related party for the purposes of the Corporations Act 2001(Cth).Consolidated 2011 2010The auditor of Murchison Metals Ltd is Ernst & Young.

  • Mind-Body Interventions: Applications and Potential Opportunities for Health Education Practice.

  • Property Completion of the sale and purchase of the Leasehold Property (but not the sale of the business carried on at it) shall not be conditional upon the grant of the Licence to Assign or the Licence to Underlet in respect of the Singapore Property.

  • A lease was drawn up between the Council and the Academy, for the remaining duration of the PFI Agreement.In addition, as part of the PFI Project Agreement, a Licence to Underlet was required from our PFI Provider, which is also completed.

  • For the avoidance of doubt, the UK Seller shall not be obliged to exercise the option to renew the Singapore tenancy for a further term during the Permitted Occupation Period where the Licence to Assign and Licence to Underlet has not been obtained.

  • A lease has now been drawn up between the Council and the Academy, for the remaining duration of the PFI Agreement and is in the final stages of completion.In addition, as part of the PFI Project Agreement, a Licence to Underlet was required from our PFI Provider, which is now also in the final stages of completion.


More Definitions of Licence to Underlet

Licence to Underlet a licence to underlet or other deed permitting the grant of the Lease by the Landlord in such form as the Superior Lessor may properly require
Sample 1
Licence to Underlet means in relation to the Singapore Property the licence or consent required to be given by the Landlord to permit the Sellers and/or the UK Seller to underlet the Singapore Property to the Buyer in accordance with the terms of the Singapore Lease of that Property
Sample 1
Licence to Underlet has the meaning given in paragraph ‎1 of ‎Part B of ‎Schedule 12;
Sample 1

Related to Licence to Underlet

  • the Licence means the Instrument of Appointment by the Secretary of State for the Environment of Severn Trent Water Limited as a Water and Sewerage Undertaker under the Water Act 1989;

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • licence means a licence granted under this Act;

  • Licencee means any Person licensed under this By-law;

  • Licence Area means the area constituted by the blocks that are the subject of a licence;

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Copyleft License means any license that requires, as a condition of use, modification and/or distribution of software subject to such license, that such software subject to such license, or other software incorporated into, derived from, or used or distributed with such software subject to such license (i) in the case of software, be made available or distributed in a form other than binary (e.g., source code form), (ii) be licensed for the purpose of preparing derivative works, (iii) be licensed under terms that allow the Company’s or any Subsidiary of the Company’s products or portions thereof or interfaces therefor to be reverse engineered, reverse assembled or disassembled (other than by operation of Law) or (iv) be redistributable at no license fee. Copyleft Licenses include the GNU General Public License, the GNU Lesser General Public License, the Mozilla Public License, the Common Development and Distribution License, the Eclipse Public License and all Creative Commons “sharealike” licenses.

  • network licence means the network licence, as the same is amended from time to time, granted to Network Rail Infrastructure Limited by the Secretary of State in exercise of his powers under section 8 of the Railways Act l993;

  • Data Use Agreement means the agreement incorporated into the Contract to facilitate creation, receipt, maintenance, use, disclosure or access to Confidential Information.

  • Licensee Know-How means all Know-How that is owned or Controlled by Licensee or its Affiliates after the Effective Date and is necessary in the research, Development, manufacture, use, or Commercialization of the Licensed Products.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • MSA means the Maryland Stadium Authority.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Site License means for each product, the term “Site License” shall mean the license established upon acquisition of the applicable number of copies of such product and payment of the applicable license fees as set forth in the Statement of Work.

  • Named User License means the Metric and Licensed Level applicable to each Named User.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • licence holder means any person who is licensed for street trading under Part III of the London Local Authorities Act 1990 as amended.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • Licensed Know-How means any and all unpatented and/or non-patentable technical data, documents, materials, samples and other information and know‐how that is Controlled by LICENSOR or any of its Affiliates as of the Effective Date or thereafter during the Term that relates to, or is otherwise reasonably necessary or reasonably useful for, the use, Development, manufacture, or Commercialization of the Product. Licensed Know-How shall not include Licensed Patents.

  • Sublicense means any agreement to Sublicense.

  • exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990; S. 3(1) def. of "fish" inserted by No. 40/2002 s. 3(a).