Sublet definition

Sublet means to lease or rent all or part of a leased or rented property.
Sublet means any transfer, sublet, assignment, license or concession agreement, change of ownership, mortgage, or hypothecation of this Lease or the Lessee’s interest in the Lease or in and to all or a portion of the Premises.
Sublet means to sublease or otherwise allow a person who is not a licensed representative to exercise license privileges on the premises of a service center, manufacturer or laboratory license.

Examples of Sublet in a sentence

  • The person or entity with whom a Sublet agreement is proposed to be or is made.

  • Sublet of any of the premises assigned or assignment to another concession is not authorized.

  • Initials Sublet: Xxxxxx agrees not to sublet said apartment OR ANY PART THEREOF without written consent from Green Street.

  • Sublet: The lessee may sublet the property provided that the consent of the lessor is obtained.

  • Any attempted or purported Sublet without Landlord's prior written consent shall be void and confer no rights upon any third person and, at Landlord's election, shall terminate this Lease.


More Definitions of Sublet

Sublet means to sublease or otherwise allow a person who is not a licensee representative to exercise privileges that require a manufacturer, service center, facilitator or laboratory license on the licensed premises.
Sublet and "sublease" shall include a sublease as to which Tenant is sublessor and any sub-sublease or other sub-subtenancy, irrespective of the number of tenancies and tenancy levels between the ultimate occupant and Landlord, as to which Tenant receives any consideration, as defined in this subparagraph, and Tenant shall require on any sublease which it executes that Tenant receive the profit from all sub-subtenancies, irrespective of the number of levels thereof. Any rent or other consideration which is to be passed through to Landlord by Tenant pursuant to this subparagraph shall be paid to Landlord promptly upon receipt by Tenant and shall be paid in cash, irrespective of the form in which received by Tenant from any subtenant or assignee. In the event that any rent or other consideration received by Tenant from a subtenant or assignee is in a form other than cash, Tenant shall pay to Landlord in cash the fair value of such consideration.
Sublet means giving another person the right to live in part or all of the property.
Sublet means to sublet the manufactured home site on which the home owner's manufactured home is situated to a subtenant under section 28 (1) of the Act.
Sublet means to sublease or otherwise allow a person who is not a licensee representative to exercise privileges that require a manufacturer, service center, facilitator or laboratory license on the licensed premises. Sublet does not include a facilitator providing psilocybin services at a service center.
Sublet and "sublease" shall include a sublease as to which Tenant is sublessor and any sub-sublease or other subsubtenancy, irrespective of the number of tenancies and tenancy levels between the ultimate occupant and Landlord, as to which Tenant receives any consideration, as defined herein, and Tenant shall require on any sublease which it executes that Tenant receive the profit from all subsubtenancies, irrespective of the number of levels thereof. Any rental payment or other consideration which is to be passed through to Landlord by Tenant shall be paid to Landlord within five (5) days following receipt by Tenant and shall be paid in cash, irrespective of the form in which received by Tenant from a subtenant or assignee. Tenant acknowledges and agrees that the purpose of this Section 15.4 is to ensure that Landlord receives one hundred percent (100%) of any profit (after subtracting Tenant's costs and fees described in clauses (a) through (c) hereinabove) from any assignment or sublease of the Premises (including, without limitation, from Internal Transactions) that Tenant receives over Monthly Base Rent payable by Tenant hereunder.
Sublet has the meaning set forth in Section 7.1(a)(1).