Grant of Sublease Clause Samples

Grant of Sublease. The Sublandlord subleases the Sublet Premises to the Subtenant and the Subtenant subleases the Sublet Premises from the Sublandlord for the Sublease Term, on the terms and conditions set forth in this Sublease and the Head Lease. As applied to this Sublease, the words “Landlord” and “Tenant” in the Head Lease will be deemed to refer to Sublandlord and Subtenant, respectively, under this Sublease. The covenants, agreements, provisions and conditions of the Head Lease, to the extent that they relate to the Sublet Premises and to the extent that they are not inconsistent with the terms of this Sublease, are made a part of and incorporated into this Sublease as if recited In full in this Sublease. As between the Sublandlord and the Subtenant, in the event of a conflict between the terms of the Head Lease and the terms of this Sublease, the terms of this Sublease will prevail.

Grant of Sublease. If a Seller is unable to obtain a Property Third Party Consent from a Landlord for the transfer of a Transferred Leased Property the provisions of this paragraph 1.11 of Part 4 of Schedule 2 shall apply: 1.11.1 where a Lease permits a sublease to be granted without the requirement for any Property Third Party Consent from the Landlord, the Seller shall procure that the owner of the Transferred Property in question shall grant to the Purchaser a sublease of the Transferred Leased Property on the same rent and other terms and conditions as the Lease of the Transferred Leased Property with such changes as are appropriate and agreed between the Seller in relation to the Transferred Leased Property in question and the Purchaser acting reasonably and the term of the sublease shall be the term of such Lease less one day; and 1.11.2 where the Transferred Leased Property is held from a Landlord on terms which require the consent of the Landlord to: (i) the grant of a sublease; or (ii) the terms on which a sublease is granted, the Seller in relation to the Transferred Leased Property in question shall use all reasonable endeavours to obtain such consent (“Sublease Consent”) from such Landlord. Where the Seller is able to obtain the appropriate Sublease Consent (or, where applicable, the court of competent jurisdiction referred to in paragraph 1.12.1 of this Part 4 of Schedule 2 declares that the Sublease Consent has been unreasonably withheld or delayed), the Seller shall procure that the owner of the Transferred Property in question shall grant to the Purchaser a sublease of the Transferred Leased Property on the same rent and other terms and conditions as the Lease of the Transferred Leased Property with such changes as are appropriate and agreed between the Seller and the Purchaser acting reasonably and the term of the sublease shall be the term of such Lease less one day.

Grant of Sublease. Sublandlord does hereby sublease to Subtenant, and Subtenant hereby subleases from Sublandlord, the Premises, subject to the terms and conditions of this Sublease and the Master Lease. All of the terms of the Master Lease are incorporated into this Sublease, as if fully set forth in this Sublease; provided, however, in the event any of the terms of this Sublease conflict with the Master Lease, the terms of this Sublease shall control. Subtenant shall use the Premises solely for general office purposes.

Grant of Sublease. Subject to the consent of the Head Landlord, the Sublandlord subleases the Leased Premises (referred to as the “Sublet Premises” in this Sublease) from the Sublandlord for the balance of the Term, less one day (the “Sublease Term”).

Grant of Sublease. (a) Sublandlord hereby subleases to Subtenant and Subtenant hereby hires from Sublandlord the Premises, for a term (the “Term”) to commence on the earlier of: (i) the date that is thirty (30) days following the date upon which the Subtenant Improvements are Substantially Completed (as those terms are defined in Exhibit E) or (ii) the date upon which Subtenant actually occupies and conducts business in any portion of the Premises, (the “Commencement Date”), and to expire on February 13, 2011 (the “Expiration Date”, both dates inclusive, unless such Term is sooner terminated pursuant to the provisions hereof. (b) Upon execution of this Sublease and the Master Landlord Consent (as set forth in Section 22 herein) through the Commencement Date (the “Preliminary Occupancy Period”), Subtenant shall be allowed to occupy the 6,700 rentable square foot suite located on the northeast ▇▇▇▇▇ of the 5th floor of the Building, as more particularly shown on Exhibit D annexed hereto (the “Swing Space”), subject to’ the following conditions: (i) such occupancy shall be subject to all the terms and conditions of this Sublease, except the obligation to pay Fixed Rent or a proportionate share of Operating Expenses or Project Taxes; (ii) Subtenant shall deliver to Sublandlord the Insurance Certificate(s) required pursuant to Section 15 herein prior to occupancy; (iii) Subtenant shall not place more than 20 persons in the Swing Space during the Preliminary Occupancy Period; (v) Subtenant shall pay any Additional Rent for overtime or other extra services requested by and provided to Subtenant; and (v) in the event that Sublandlord enters into a sublease agreement with a third party to sublease the Swing Space to such third party which either commences during the Preliminary Occupancy Period or otherwise necessitates Sublandlord repossessing the particular space prior to the end of the Preliminary Occupancy Period (e.g., to construct tenant improvements for any such new subtenant), Sublandlord shall have the right, on thirty (30) days advance written notice, to relocate Subtenant to alternative premises that can accommodate at least 15 persons. (c) Subtenant hereby acknowledges, confirms, covenants and agrees that Subtenant does not have any right, option or privilege, pursuant to this Sublease or otherwise, to hire, let or sublet from Sublandlord (i) any portion of the Lease Premises other than the Premises, and only for the term hereinabove set forth in this Article 1 and upon a...

Grant of Sublease. The SUBLANDLORD hereby leases the SUB-PREMISES to the SUBTENANT for a term of Five (5) years, commencing on the 1st day of December, 2002, and ending on the 30th day of November, 2007, unless terminated earlier as provided for in this SUBLEASE.

Grant of Sublease. For and in consideration of the rents, cove▇▇▇▇▇ ▇▇▇ ▇greements in the Primary Lease and in this Sublease, Sublessor demises and subleases to Subtenant and Subtenant takes and subleases from Sublessor the Demised Premises with the right and privilege to exclusively occupy and use the Building and together with all other rights, privileges, easements, appurtenances, and amenities belonging to or in any way pertaining to the Demised Premises, upon and subject to the terms of this Sublease and the terms of the Primary Lease. Notwithstanding anything in this Sublease apparently to the contrary, except as provided in Section A of Part III hereof, Subtenant shall have no rights under Sections 1.3 or 1.4 of the Primary Lease or under Article XXII thereof, which rights are reserved by Sublessor. Subject to the preceding sentence, Sublessor authorizes and instructs Subtenant to pay Rent directly to Owner, and to directly deal with Owner as if Subtenant were the tenant under the Primary Lease. Notwithstanding the foregoing, however, Subtenant acknowledges that it has no privity of contract with Owner, and that Owner's sole obligations under the Lease inure to Sublessor.

Grant of Sublease. SUBLESSOR does hereby sublease to SUBLESSEE and SUBLESSEE does hereby sublease from SUBLESSOR that certain space on the Tower, the Shelter, and on the Land as more particularly described on Exhibits C (“Site Plan”) and C-1 (“Tower and Pole Mounted Equipment”) annexed hereto. The foregoing designated space in and upon the Property constitutes the “Subleased Premises.”

Grant of Sublease. The parties hereto take notice of the following leases: (a) On December 19, 2002, The Northwestern Mutual Life Insurance Company of Milwaukee, Wisconsin ("LESSOR") and Aristocrat Technologies, Inc. ("LESSEE") entered into that certain Lease Agreement (the "MASTER LEASE") for the premises located in the City of Fort Lauderdale, County of Broward, State of Florida, described as 550 W. Cypress Creek Road, consisting of approximately 3,995 rentable ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇ite 410. A copy of the Master Lease is attached as EXHIBIT 1. The leased premises under the Master Lease (the "MASTER PREMISES") are described in more detail in EXHIBIT 2. (b) On October 27, 2003, Lessee and Sublessor entered into that certain sublease for the Master Premises (the "MASTER PREMISES SUBLEASE"). A copy of the Master Premises Sublease is attached as EXHIBIT 3. The Master Lease and the Master Premises Sublease are collectively the "LEASES."