Common use of RELEASE OF SUBLESSEE Clause in Contracts

RELEASE OF SUBLESSEE. Subject to Sublessee's compliance with the covenants and conditions contained in this Agreement and the satisfaction of the conditions contained in Section 6, and except as to the following conditions, effective as of the Effective Date, the Sublessor hereby releases Sublessee from any further obligation(s) to pay rent or to reimburse sublessor for operating, maintenance and common area operating expenses that relate to the period after such date.

Appears in 2 contracts

Sources: Termination Agreement (American Aircarriers Support Inc), Termination Agreement (American Aircarriers Support Inc)