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)
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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
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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
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Examples of Licence to Underlet in a sentence

  • The Landlord has agreed (at the request of the other parties) to grant a Licence to Underlet upon the terms set out below to enable the Tenant to demise the Property to the Undertenant for the Underlease Term.

  • 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.

  • On 30 June 2006 a Licence to Underlet and change of use was granted by the Radnor Estate allowing the granting of an under lease to Live Nation (Venues) UK Ltd for a term of 20 years.

  • One of the core principles of the 2008 report, ‘Protect, Respect and Remedy: A Framework for Business and Human Rights’ by John Ruggie,7 is the corporate responsibility to protect human rights.

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

  • The Trustees agreement to pay the Council’s costs in preparing, negotiating and completing the Licence to Underlet.

  • 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.

  • Grant of Easement:Land north of Hustledown Road, Stanley(j) Service Agreement:Mapping and data products and other services(k) Public Path Stopping-up Order 2005:Tees Crescent, South Stanley(l) Contract:Demolition, properties at The Grove, Consett(m) Deed of Release:Land adjacent to Prince of Wales, Flint Hill, Dipton(n) Nomination Rights Agreement:Land at Lily Bungalows, Dipton(o) Licence to Underlet: part of first floor, Towneley House, Stanley 4.

  • The Licence to Underlet would be a single consent for the Trustees to underlet the land at Gaces Acre, Newport in the circumstances of the Newport Free Grammar School converting to an Academy School.

  • Yokoo, editors, AAMAS ’07: Proceedings of the 6th international joint conference on Autonomous agents and multiagent systems, pages 640–642, New York, NY, USA, 2007.


More Definitions of Licence to Underlet

Licence to Underlet means in relation to the Leasehold Property the licence or consent required to be given by the Landlord (and any Superior Landlord) to permit the Sellers to underlet that Leasehold Property to the Buyer in accordance with the terms of the Lease of that Property
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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
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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
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Licence to Underlet has the meaning given in paragraph ‎1 of ‎Part B of ‎Schedule 12;
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Related to Licence to Underlet

  • 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;

  • 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.

  • Licensee Know-How means all Information and Inventions Controlled by Licensee or its Affiliates (other than the Takeda Know-How and Joint Know-How) during the Term that are necessary to Exploit a Licensed Compound or a Licensed Product. Licensee Know-How excludes any Information contained within or Inventions Covered by a published Licensee Patent Right.

  • relevant licence means a production licence for petroleum in force under Part III of the Petroleum Act 1967 immediately before the commencement of this section.

  • 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.

  • Sub-License means the sub-licensing of any space in the Station Development Assets and Project Utilities in the Station Development Project, by the Station Facility Manager to any licensee, in accordance with the Station Facility Management Agreement;

  • 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.

  • Patent License Agreement means the Patent License Agreement substantially in the form of Exhibit C.

  • Use of System Agreement means an agreement or arrangement between us and a Distribution Network Operator governing our use of their Distribution System to provide the Supply;

  • 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.

  • 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.