Right to Sublease definition

Right to Sublease means Subtenant’s automatic right to Sublease the Phase II Facilities Tract from Sublessor subject to the terms of Article XXV.
Right to Sublease. ASSIGN: Altus will not have the right to sublease or assign any portion of the Subleased Premises during the term of the Sublease. Vertex agrees that in the event that ownership of Altus' industrial business shall change, subject to Vertex's consent, which will not be unreasonably withheld, and subject to the Landlord's consent, Altus may sublease a portion of the Subleased Premises to the new owner thereof upon the same terms and conditions as Altus' Sublease.

Examples of Right to Sublease in a sentence

  • No Right to Sublease: Landlord does not convey to Tenant the right to lease or sublease the Agreement Area or any portion thereof.

  • Right to Sublease or Assign ............................................

  • Right to Sublease or Assign .........................................

  • Section 10.3 Lessee's Right to Sublease.............................

  • The Right to Sublease is subject, however, to the following conditions: (i) that this Sublease becomes effective pursuant to Article XXIV; (ii) that Subtenant is not in default hereunder, (iii) and that Subtenant obtains financing for the Project.

  • The Right to Sublease is effective for five (5) years from the Effective Date.

  • Landlord hereby grants Tenant the Right to Sublease a portion of the Premises to Retail Holdings for a sixty (60) day period commencing on April 1, 1992, and terminating May 31, 1992.

Related to Right to Sublease

  • Consent to subcontract means the Contracting Officer’s written consent for the Contractor to enter into a particular subcontract.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Master Lease This schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CARDIMA, INC. COMDISCO, INC. as Lessee as Lessor By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ By: ------------------ ------------------------------- Title: Title: --------------- ----------------------------- Date: Date: ---------------- ----------------------------- 18 SLXXXXX-XX EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.