Master Lessor definition

Master Lessor means the lessor in the Master Lease; “Master Lessee” means the lessee in the Master Lease. This Lease is subject to the provisions of the Master Lease and if there is any conflict between this Lease and the Master Lease, the Master Lease governs. Provisions required to be included in this Lease by the Master Lease are designated by “[ML]” at the end of each sentence of the provision.

Master Lessor means the party so identified above or its successor; but excluding any assignee (other than by operation of law) of Master Xxxxxx’s interest in a Lease.

Master Lessor means the lessor under the Master Lease.

Examples of Master Lessor in a sentence

• This Sublease is and at all times shall be subject and subordinate to the Master Lease and the rights of Master Lessor thereunder.

• All notices given to Master Lessor under the Master Lease shall be considered received only when delivered in accordance with the Master Lease.

• However, if Sublessor shall Default in the performance of its obligations to Master Lessor then Master Lessor may, at its option, receive and collect, directly from Sublessee, all Rent owing and to be owed under this Sublease.

• Sublessor agrees that Sublessee shall have the right to rely upon any such statement and request from Master Lessor, and that Sublessee shall pay such Rent to Master Lessor without any obligation or right to inquire as to whether such Default exists and notwithstanding any notice from or claim from Sublessor to the contrary and Sublessor shall have no right or claim against Sublessee for any such Rent so paid by Sublessee.

• Master Lessor shall not, by reason of this assignment of the Sublease nor by reason of the collection of the rents from the Sublessee, be deemed liable to Sublessee for any failure of the Sublessor to perform and comply with Sublessor's Remaining Obligations.

More Definitions of Master Lessor

Master Lessor. SUBLESSOR:

Master Lessor means 2040 Main, LLC, a Delaware limited liability company.

Master Lessor means the then holder of the Master Lessor’s interest in the Lease. The term “person” shall mean an individual, joint venture, corporation, partnership, trust, limited liability company, unincorporated association or other entity. All references herein to the Lease shall mean the Lease as modified by this Agreement and to any amendments or modifications to the Lease which are consented to in writing by Lender. Any inconsistency between the Lease and the provisions of this Agreement shall be resolved, to the extent of such inconsistency, in favor of this Agreement.

Master Lessor shall include any successor or assignee of Master Lessor, and the term “Lease” shall include any amendment, extension or renewal of the Lease.

Master Lessor. Wrigxx Xxxstad Properties L.P., a Delaware limited partnership Master Premises: The premises leased by Sublessor under the Master Lease, as more particularly described in Section 1.02 of the Office Lease, the First Amendment and Section 1 of the Second Amendment, together with all appurtenances thereto. Premises: 12,271 usable square feet, 13,481 rentable square feet of floor 47 (load factor 1.0986) (the "Premises"), as more particularly identified on Exhibit A attached hereto, together with such appurtenances thereto as are expressly described herein. The terms of this Sublease shall be adjusted to the extent that final measurements vary from this square footage.

Master Lessor or "Sublessor": Sections 10.2, 13, 17.8, 17.9, 18.2 (fifth sentence only) and 19; (d) references "in the following provisions to "Landlord" shall mean "Master Lessor" and "Sublessor": Sections 21.4, 21.6 and 35, (e) references to "Tenant" in Section 7.1 shall mean "Sublessor"; and (f) references to "Tenant's Pro Rata Share" shall mean 5% for Xxxxx 000, 1.5% for Space I, 1.1% for Space II, 0.3% for Space III, 2% for Labs 38-40, 7.33% for Xxxxx 000, 12.1% for Additional Space I, 1.4% for Additional Space II, and 11.2% for Additional Space III (as may be adjusted by the Master Lessor).

Master Lessor under the Master Lease identified in that certain Sublease dated for reference purposes, May 18, 1998 to which this Consent is attached, hereby consents to said Sublease. This Consent shall not be deemed to relieve Sublessor, as Tenant under the Master Lease, from any obligation or liability thereunder, nor shall this Consent be deemed Master Lessor's consent to any further subletting or assignment.