Cancellation After End of Term. Provided that no Draw Event, Event of Default, or other breach or default under the Sublease Agreement then exists, Sublessor will deliver the Letter of Credit to the Issuer for cancellation within sixty (60) days after Subtenant surrenders the Premises to Sublessor upon the expiration of the Term.
Appears in 2 contracts
Sources: Sublease Agreement (AbSci Corp), Sublease Agreement (AbSci Corp)