Common use of Cancellation of Master Lease Clause in Contracts

Cancellation of Master Lease. In the event of the cancellation or termination of the Master Lease for any reason whatsoever or due to the involuntary surrender of the Master Lease by operation of law prior to the expiration date of this Sublease, Subtenant agrees, at the sole option of Master Landlord, to make full and complete attornment to Master Landlord under the Master Lease for the balance of the Sublease Term upon the then executory terms of this Sublease, provided Master Landlord agrees in writing not to disturb the possession of the Subleased Premises by Subtenant or the rights of Subtenant under this Sublease so long as Subtenant is not in material default (subject to applicable notice and cure rights in favor of Subtenant) in the performance of its obligations thereunder. Such attornment shall be evidenced by an agreement in form and substance reasonably satisfactory to Master Landlord. Subtenant agrees to execute and deliver such an agreement at any time within ten (10) business days after request by Master Landlord. Subtenant waives the provisions of any law now or hereafter in effect that may provide Subtenant any right to terminate this Sublease or to surrender possession of the Subleased Premises in the event any proceeding is brought by Master Landlord under the Master Lease to terminate the Master Lease. Notwithstanding anything to the contrary contained herein, if the Master Lease is cancelled through no fault of Subtenant and Subtenant is not then in default under the terms of this Sublease, Master Landlord shall provide Subtenant a minimum ninety (90) days notice before requiring Subtenant to surrender the Subleased Premises ("Permissive Holdover Period"). During the Permissive Holdover Period (which may be more or less than ninety (90) days as determined by mutual agreement of Subtenant and Landlord), Subtenant shall pay rent for the Subleased Premises in accordance with either the amount set forth in the Sublease or the amount set forth in the Master Lease (i.e., the amount which Sublandlord is responsible for), whichever is greater, and perform all obligations required under the Sublease directly to Master Landlord.

Cancellation of Master Lease. In the event of the cancellation or termination of the Master Lease for any reason whatsoever or due to of the involuntary surrender of the Master Lease by operation of law prior to the expiration date of this Sublease, Subtenant agrees, at the sole option of Master Landlord, agrees to make full and complete attornment to Master the Landlord under the Master Lease for the balance of the term of this Sublease Term and upon the then executory terms hereof at the option of this Sublease, provided Master the Landlord agrees in writing not to disturb the possession at any time during Subtenant's occupancy of the Subleased Premises by Subtenant or the rights of Subtenant under this Sublease so long as Subtenant is not in material default (subject to applicable notice and cure rights in favor of Subtenant) in the performance of its obligations thereunder. Such Premises, which attornment shall be evidenced by an agreement in form and substance reasonably satisfactory to Master Landlord, provided that in no event shall Landlord (i) be liable for any previous act or omission of Sublandlord under this Sublease, (ii) be subject to any defense or offset previously accrued in favor of Subtenant against Sublandlord, or (iii) be bound by any pervious modification of the Sublease made without Landlord's written consent, or by any previous prepayment by the Subtenant of more than one month's rent. Subtenant agrees to execute and deliver such an agreement at any time within ten (10) business days after request by Master of the Landlord. , and Subtenant waives the provisions of any law now or hereafter in effect that which may provide give Subtenant any right or election to terminate this Sublease or to surrender possession of the Subleased Premises in the event any proceeding is brought by Master the Landlord under the Master Lease to terminate the Master Lease. Notwithstanding anything to the contrary contained herein, if the Master Lease is cancelled through no fault of Subtenant and Subtenant is not then in default under the terms of this Sublease, Master Landlord shall provide Subtenant a minimum ninety (90) days notice before requiring Subtenant to surrender the Subleased Premises ("Permissive Holdover Period"). During the Permissive Holdover Period (which may be more or less than ninety (90) days as determined by mutual agreement of Subtenant and Landlord), Subtenant shall pay rent for the Subleased Premises in accordance with either the amount set forth in the Sublease or the amount set forth in the Master Lease (i.e., the amount which Sublandlord is responsible for), whichever is greater, and perform all obligations required under the Sublease directly to Master Landlord.