Examples of Subleased Property in a sentence
If Remainco and Buyer do not reach a mutual agreement pursuant to the preceding sentence on or before October 31, 2024, then the Relocating Party shall fully vacate, at its sole cost and expense, the applicable Subleased Property on or prior to the Closing Date.
Remainco and Buyer shall facilitate execution of the sublease or license of each Subleased Property, including obtaining the Lease Consent for any Relevant Lease, on the same terms and conditions as provided in Article II and Article III for the assignment of the Leased Properties, as applicable.
Such subleases or licenses shall, so far as the law in the jurisdiction in which such Subleased Property is located permits, be on the same terms and conditions as provided in Section 5.2, and shall include such other deliveries (and Remainco, Spinco and Buyer shall comply with such other customary procedures and formalities) as may be required by the laws of the jurisdiction in which such Subleased Property is located.