Sub-Underlease definition

Sub-Underlease means any sub-underlease derived from a Sub-lease; and

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Sub-Underlease means any sub-underlease derived from a Sub-lease; and] ["Sub-Undertenant" means any tenant under a Sub-Underlease]. [Subject to paragraph 2.2, the] [The] Tenant may, with the Landlord's consent, sub-let the whole of the Premises [or the whole of a Permitted Part] by an Approved Sub-lease to an Approved Sub-tenant. [The Tenant must not allow more than [Insert number] people (including the Tenant) to have a legal right to occupy the Premises. Any Group Company of the Tenant [and any Service Provider providing services to the Tenant at the Premises] will count as the Tenant for the purposes of this paragraph.] The Tenant must ensure the Sub-tenant complies with the terms of its Sub-lease and any Sub-Undertenant complies with the terms of its Sub-Underlease. The Tenant must not reduce, defer, accelerate or commute any rent payable under any Sub-lease. On any review of the rent payable under any Sub-lease, the Tenant must: review the rent of the Sub-lease in compliance with its terms; not agree the reviewed rent (or the appointment of any third party to decide it) without the Landlord's approval; include in the Tenant's representations to any third party any representations that the Landlord may require; and notify the Landlord what the reviewed rent is within two weeks of its agreement or resolution by a third party. [The Tenant must not vary the terms or accept any renunciation of any Sub-lease without the Landlord's approval.] Plans105 1When deciding on the relevant Break Date, best practice is to make it the day before a rent payment date. This ensures that the Tenant is not legally obliged to pay a full month's or quarter's rent on the day on which this Lease ends under the break clause.

Sub-Underlease means the sub-underlease to be entered into between Circle Birmingham Limited (company number 07714029) with registered office at 32 Welbeck Street, London, W1G 8EU and Circle Rehabilitation Services Limited (company number 10527747), 32 Welbeck Street, London W1G 8EU;

Examples of Sub-Underlease in a sentence

The Advance Payment shall be paid by equal monthly instalments in advance and is subject to adjustment if the Estimated Expenditure is revised as contemplated by its definition, the first instalment, being a proportion of the monthly Advance Payment for the period beginning on the Service Charge Commencement Date and ending on the day before the next monthly payment date following the Service Charge Commencement Date, to be made on the date of this Sub-Underlease.
The Tenant shall pay to the Landlord on account of the Service Charge for the period beginning on the Service Charge Commencement Date to the end of the Financial Year current at the date of this Sub-Underlease the proportion of the Advance Payment for that Financial Year attributable to such period, and for each Financial Year following that current at date of this Sub-Underlease, the Advance Payment and in default of payment the Advance Payment shall be recoverable as rent in arrears.
Notwithstanding any other provision in this Sub-Underlease the Tenant shall permit the Landlord and all other persons authorised by the Landlord at any time to enter the Property in order to meet the Landlord’s obligations to carry out the Services in accordance with this clause 6.
Notwithstanding any other provision in this Sub-Underlease the Tenant shall permit the Landlord and all other persons authorised by the Landlord at any time to enter the Property in order to meet the Landlord’s obligations to carry out the Services in accordance with this clause 5.
The Landlord and the Tenant permit the Undertenant to grant the Sub-Underlease to the Sub-Undertenant on the terms of this Licence.
No letting or building scheme exists or shall be created in relation to the Premises and the grant of this Sub-Underlease does not confer any rights over the Premises or any other property and Section 62 Law of Property Act 1925 is excluded from this Sub-Underlease.
The Tenant shall not do any act, matter or thing which under the terms of the Superior Lease requires the approval of any superior lessor without obtaining such approval in addition to any approval of the Landlord required by the terms of this Sub-Underlease in all cases at the Tenant’s own expense whether or not such approvals are granted (except in cases where the Landlord is obliged not to unreasonably withhold its consent and the withholding of consent is held to be unreasonable).
This Sub-Underlease shall be governed by and construed in all respects in accordance with the law of England and for the benefit of the Landlord the English courts shall have exclusive jurisdiction in relation to any disputes arising under or connected with this Sub-Underlease and the Tenant and any guarantor agree that any process may be served on them by leaving a copy of the relevant document at the Premises.
Nothing contained in this Sub-Underlease shall confer on, or grant to the Tenant any easement, right or privilege, other than any expressly granted by this Sub-Underlease.
This Sub-Underlease is a new tenancy for the purposes of the Landlord and Tenant (Covenants) Act.

More Definitions of Sub-Underlease

Sub-Underlease a sub-underlease in respect of each Site (other than the Sinfin Site) in the form annexed to the Operating Contractor Underlease for the relevant Site to be made between (1) the Operating Contractor and (2) the HWRC Contractor;

Sub-Underlease means a Sub-Underlease of the Premises dated __________ ______ 199 made between ________________ (1) and _______________ (2) and (3)

Sub-Underlease means the Sub-underlease of the Sub-underlease Premises to be granted to the Developer or any Group Company of the Developer in the form of the agreed draft annexed to this Agreement as Annexure 22

Sub-Underlease has the meaning ascribed to it under clause 7 of the Underlease;