RIGHTS OF SUBTENANT Sample Clauses

The "Rights of Subtenant" clause defines the legal entitlements and protections granted to a subtenant under a sublease agreement. This clause typically outlines the specific rights the subtenant has regarding the use and enjoyment of the leased premises, such as access to common areas, the ability to make certain modifications, or the right to quiet enjoyment. It may also clarify the subtenant's obligations and the extent to which they are protected if the primary lease is terminated or if disputes arise with the original landlord. The core function of this clause is to ensure that subtenants understand their position and protections within the leasing arrangement, thereby reducing uncertainty and potential conflicts.
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RIGHTS OF SUBTENANT. Subtenant shall be entitled to the benefit of all of the obligations of Landlord pursuant to the Master Lease with respect to the Building and the Premises including but not limited to Landlord's obligations to repair and restore and provide or render work and services, and Subtenant acknowledges and agrees that such obligations are and shall be the responsibility of Landlord and not those of Sublandlord. In the event Landlord shall fail or refuse to comply with any of the terms of the Master Lease affecting the Premises or the use or occupancy thereof by Subtenant or anyone claiming by, under or through Subtenant, or if Landlord shall fail to issue any consent pursuant to the Master Lease which Subtenant reasonably believes Landlord is required to issue under the Master Lease, Subtenant shall have the right, in its own name (and in the name of the Sublandlord, if Subtenant shall have notified Sublandlord in writing that it intends to use Sublandlord's name and the purpose therefor and such notice shall reaffirm Subtenant's obligation to indemnify and hold Sublandlord harmless as set forth in this paragraph with respect to any such action taken by Sublandlord. Subtenant shall indemnify and hold Sublandlord harmless from and against any and all damages, losses, penalties, fines, costs or expenses, including, without limitation, attorneys' fees and costs, which Sublandlord may incur or be subject to as a result of any action taken by Subtenant in accordance with this paragraph), and at its own cost, to compel performance by Landlord pursuant to the terms of the Master Lease, or to compel Landlord to issue such consent, and, provided Subtenant indemnifies and holds Sublandlord harmless from any liability, loss, cost or expense (including, without limitation, reasonable attorneys' fees and costs), Sublandlord shall, at Subtenant's request and expense, (i) make
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RIGHTS OF SUBTENANT. Subtenant shall be entitled to the benefit of all of the obligations of Landlord pursuant to the Master Lease with respect to the Building (other than the Leased Premises not included in the Premises) and the Premises including but not limited to Landlord’s obligations to repair and restore and provide or render work and services, if any, and Subtenant acknowledges and agrees that such obligations are and shall be the responsibility of Landlord and not those of Sublandlord, but nothing herein shall be deemed to affect the obligations of Sublandlord under the Purchase Agreement, including, without limitation, Section 9.1
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RIGHTS OF SUBTENANT. Except as otherwise provided herein, Subtenant hereby (i) covenants and agrees to perform all of the obligations undertaken by Sublandlord with respect to the Sublease Premises and (ii) shall, with respect to the Sublease Premises, be entitled to the benefit of the provisions of the ▇▇▇▇▇▇▇▇▇ to the extent applicable hereto and/or the other provisions of this Sublease, which are for the benefit of the "Tenant" thereunder, provided that Sublandlord shall have the exclusive right to enforce all "Tenant" rights under the ▇▇▇▇▇▇▇▇▇, including the applicable provisions of the ▇▇▇▇▇▇▇▇▇ incorporated herein as aforesaid.
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RIGHTS OF SUBTENANT. From and after such attornment, the Prime Landlord shall adopt the Sublease as a direct lease between the Prime Landlord and the Subtenant such that the Subtenant shall have all rights to exercise all rights and remedies under the Sublease directly against the Prime Landlord.
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Related to RIGHTS OF SUBTENANT

  • Rights of Subrogation No Loan Guarantor will assert any right, claim or cause of action, including, without limitation, a claim of subrogation, contribution or indemnification that it has against any Obligated Party, or any collateral, until the Loan Parties and the Loan Guarantors have fully performed all their obligations to the Administrative Agent, the Issuing Bank and the Lenders.

  • Waiver of Rights of Subrogation Notwithstanding anything to the contrary elsewhere contained herein or in any other Loan Document to which Guarantor is a party, Guarantor hereby expressly waives with respect to Borrower and its successors and assigns (including any surety) and any other Person which is directly or indirectly a creditor of Borrower or any surety for Borrower, any and all rights at law or in equity to subrogation, to reimbursement, to exoneration, to contribution (except as specifically provided in Section 11 below), to setoff or to any other rights that could accrue to a surety against a principal, to a guarantor against a maker or obligor, to an accommodation party against the party accommodated, or to a holder or transferee against a maker, and which Guarantor may have or hereafter acquire against Borrower or any other such Person in connection with or as a result of Guarantor's execution, delivery and/or performance of this Guaranty or any other Loan Document to which Guarantor is a party. Guarantor agrees that it shall not have or assert any such rights against Borrower or its successors and assigns or any other Person (including any surety) which is directly or indirectly a creditor of Borrower or any surety for Borrower, either directly or as an attempted setoff to any action commenced against Guarantor by Borrower (as a Borrower or in any other capacity), Beneficiary or any other such Person. Guarantor hereby acknowledges and agrees that this waiver is intended to benefit Borrower and Beneficiary and shall not limit or otherwise affect Guarantor's liability hereunder, under any other Loan Document to which Guarantor is a party, or the enforceability hereof or thereof.

  • Waiver of Subrogation Rights The Contractor shall require the carriers of required coverages to waive all rights of subrogation against the County, District, and their officers, employees, agents, volunteers, contractors and subcontractors. All general or auto liability insurance coverage provided shall not prohibit the Contractor and Contractor’s employees or agents from waiving the right of subrogation prior to a loss or claim. The Contractor hereby waives all rights of subrogation against the County and District.

  • Use of Sub-Contractors If the Applicant requires the use of a Sub-Contractor in order to adequately complete the Project, a collaboration letter, contract or agreement between the Applicant and the Sub-Contractor must be in place prior to the Applicant proceeding with any Milestone which requires assistance from the Sub-Contractor. Applicant shall: (a) identify the Sub-Contractor to Alberta Innovates; (b) provide a copy of such Sub- Contractor agreement to Alberta Innovates upon request, and on a strictly confidential basis; and (c) ensure that dealings with the Sub-Contractor are not prohibited under any Applicable Laws Including any Anti- Bribery, Anti-Corruption and Sanctions Laws or Export Control Laws. Alberta Innovates may request the Applicant to provide evidence that it has paid the Sub-Contractor for such services. If the Applicant is using a Sub-Contractor: (aa) nothing in this Investment Agreement creates any employment, contract, agency relationship, or other direct or indirect, relationship of any kind between Alberta Innovates and such Sub-Contractor; and (bb) the Applicant shall be solely responsible for all work, acts, claims, defaults and liabilities relating to the Sub-Contractor.

  • Postponement of Subrogation Each Grantor agrees that it will not exercise any rights against another Grantor which it may acquire by way of rights of subrogation under any Loan Document to which it is a party until following the Termination Date. No Grantor shall seek or be entitled to seek any contribution or reimbursement from the Borrower or any of the Subsidiaries, in respect of any payment made under any Loan Document or otherwise, until following the Termination Date. Any amount paid to any Grantor on account of any such subrogation rights prior to the Termination Date shall be held in trust for the benefit of the Lender and shall immediately be paid and turned over to the Lender in the exact form received by such Grantor (duly endorsed in favor of the Lender, if required), to be credited and applied against the Obligations, whether matured or unmatured, in accordance with Section 6.1(b); provided that if such Grantor has made payment to the Lender of all or any part of the Obligations and the Termination Date has occurred, then at such Grantor’s request, the Lender will, at the expense of such Grantor, execute and deliver to such Grantor appropriate documents (without recourse and without representation or warranty) necessary to evidence the transfer by subrogation to such Grantor of an interest in the Obligations resulting from such payment. In furtherance of the foregoing, at all times prior to the Termination Date, such Grantor shall refrain from taking any action or commencing any proceeding against the Borrower or any of the Subsidiaries (or their successors or assigns, whether in connection with a bankruptcy proceeding or otherwise) to recover any amounts in respect of payments made under this Security Agreement to the Lender.