Prime Lease definition
Examples of Prime Lease in a sentence
Landlord leases the Premises from Prime Landlord pursuant to the Prime Lease.
Each party agrees that it will not, by its act or omission to act, cause a default under the Prime Lease.
This Sublease and all the rights of parties hereunder are subject and subordinate to the Prime Lease.
In furtherance of the foregoing, the parties hereby confirm, each to the other, that it is not practical in this Sublease agreement to enumerate all of the rights and obligations of the various parties under the Prime Lease and specifically to allocate those rights and obligations in this Sublease agreement.
Tenant understands that, in order for Landlord to lease and demise the premises to Tenant for the term set forth in Article 1 hereof, Landlord is required to exercise certain options to extend the term of the Prime Lease as therein set forth.