Sublease Premises Sample Clauses

Sublease Premises. Sublandlord hereby subleases to Subtenant the Sublease Premises, and Subtenant hereby subleases the Sublease Premises from Sublandlord, pursuant to the terms and conditions of this Sublease. Subtenant shall accept the Sublease Premises in the condition and state of repair on the Commencement Date (as defined in Section 3 below) in its “AS IS” and “WHERE IS” condition, and Sublandlord makes no representation or warranty regarding the Sublease Premises. Subtenant expressly acknowledges and agrees Sublandlord shall not have any obligation to perform any work to prepare the Sublease Premises for Subtenant’s use and occupancy. By taking possession of the Sublease Premises, Subtenant is deemed to have accepted the Sublease Premises and agreed that the Sublease Premises are in good order and satisfactory condition, with no representation or warranty by Sublandlord as to the condition of the Sublease Premises or the suitability thereof for Subtenant’s use. Pursuant to California Civil Code Section 1938, Sublandlord is required to state as follows regarding the Sublease Premises: A Certified Access Specialist (CASp) can inspect the subject premises and determine whether the subject premises comply with all of the applicable construction-related accessibility standards under state law. Although state law does not require a CASp inspection of the subject premises, the commercial property owner or lessor may not prohibit the lessee or tenant from obtaining a CASp inspection of the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection, the payment of the fee for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction-related accessibility standards within the premises.

Sublease Premises a. Sublessor leases to Sublessee and Sublessee hires from Sublessor the following described premises together with the appurtenances thereto, situated in the City of Atlanta, State of Georgia commonly known as River Ridge, ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, consisting of approximately 3,983 rentable square feet and located on the fourth floor and commonly known as Suite 470 (the "Sublease Premises"). The Sublease Premises are shown on the site plan attached hereto as Exhibit B. --------- b. Sublessee will be taking possession of the Sublease Premises "as is," in its condition existing on the date of delivery of the Sublease Premises to Sublessee. Sublessee acknowledges that Sublessee is leasing the Sublease Premises based on its own inspection of the Sublease Premises and those of its agents, and is not relying on any representations or warranties of the Sublessor regarding the physical condition of the Sublease Premises. Sublessee acknowledges that as of the date of delivery of the Sublease Premises to Sublessee, the Sublease Premises will contain wiring from Sublessee's security system (but not the software or hardware for such system) and a paging system (collectively, "Equipment"). Sublessor expressly does not warrant the working condition of the Equipment or its usefulness for Sublessee's purposes and Sublessor shall not be responsible for any damages incurred by Sublessee or any third party related to such Equipment. Sublessee's taking of possession of the Sublease Premises shall constitute conclusive evidence that the Sublease Premises were, as of that date, in good, clean and tenantable condition. Sublessee acknowledges that the square footage of the Sublease Premises as specified in Subparagraph 1.2 is an estimate and that Sublessor does not warrant the exact square footage of the Sublease Premises. By taking possession of the Sublease Premises, Sublessee accepts the square footage of the Sublease Premises as that specified in Subparagraph

Sublease Premises. Sublandlord hereby subleases to Subtenant, and Subtenant hereby subleases from Sublandlord, the Sublease Premises, subject to the terms and conditions herein contained.

Sublease Premises a. Upon the terms and conditions of this Sublease, University hereby subleases to IDC and IDC hereby subleases from University a portion of the Premises under the Master Lease (the “Sublease Premises”), consisting of the laboratory and office space on the 3rd floor of the Building which is delineated in red on Exhibit B attached hereto. For purposes of this Sublease, the Sublease Premises is deemed to contain 11,000 rentable square feet b. In addition, University hereby grants IDC a nonexclusive license to use those certain areas delineated in green on Exhibit B as the “Shared Services Space” and deemed to contain 1,250 RSF. IDC and University shall reasonably cooperate to jointly use the Shared Services Space and IDC’s use of the same shall be subject to such reasonable rules and regulations as University may from time to time designate in writing. IDC shall pay University for IDC’s share of the Operating Expenses (as defined under the Master Lease) owing by University for the Shared Services Space under the Master Lease (collectively, the “Share Services Rent”). As of the date of this Sublease, IDC’s share of the Operating Expenses applicable to the Shared Services Space owing under the Master Lease is Forty-Five and 14/100 percent (45.14%) during the first twelve (12) months of the Term and thereafter Fifty-Five and 18/100 percent (55.18%). IDC shall have the right to terminate its license of the Shared Services Space at any time upon thirty (30) days prior written notice to University, and upon such termination IDC shall no longer have the right to use such space or the obligation to pay for IDC’s share of the Operating Expenses owing for the same. IDC shall use the Shared Services Space only for such uses as are permitted in the Sublease Premises pursuant to this Sublease. All obligations of IDC with respect to the Sublease Premises shall apply equally to the Shared Services Space with the exception of (a) the economic terms set forth above in this paragraph, (b) IDC’s maintenance and repair obligations, and (c) IDC’s indemnification obligations with respect to the Shared Services Space shall be limited to those matters arising out of the actions of IDC and its employees and invitees of IDC in the Shared Services Space.

Sublease Premises. The “Sublease Premises” shall be deemed to consist of: (a) approximately 20,000 square feet of rentable space in the Prime Lease Premises located on the 2nd floor of the Building (the “2nd Floor Sublease Premises”) and (b) approximately 2,000 square feet of rentable space in the Prime Lease Premises located on the 1st floor of the Building (the “1st Floor Sublease Premises”) as shown on the floor plans attached hereto as Exhibit D. Subtenant shall have no right to exercise any rights under the Prime Lease to expand the Prime Lease Premises. Sublandlord shall deliver the 1st Floor Sublease Premises to Subtenant upon receipt of the last of the following: (i) an executed Sublease from Subtenant; (ii) the first months’ payment of Sublease Base Rent and (iii) a fully executed Landlord Consent (as defined in Section 3 below). Sublandlord shall deliver the 2nd Floor Sublease Premises to Subtenant on April 1, 2009. If any portion of the Sublease Premises is delivered after the latest of the dates set forth hereinabove, then as of the Rent Commencement Date, Subtenant shall only be obligated to pay Sublease Base Rent with respect to that portion of the Sublease Premises which has been delivered to Subtenant. Such amount shall be determined by multiplying the square footage of the portion of the Sublease Premises that has been delivered to Subtenant by the rentable square foot rate set forth in Section 5 below. Notwithstanding anything to the contrary herein, the parties acknowledge and agree that the 2nd Floor Sublease Premises does not include approximately 5,000 square feet of contiguous, rentable square feet located on the 2nd floor of the Prime Lease Premises (herein referred to as the “Excluded Sublease Premises”) as such area is mutually agreed upon by the parties. Within sixty (60) days after the Sublease Commencement Date, the parties shall meet to determine a mutually agreeable area to serve as the Excluded Sublease Premises and Subtenant shall immediately surrender any portion of the Excluded Sublease Premises that is occupied by Subtenant. The Excluded Sublease Premises will not be occupied on a permanent basis by Subtenant; provided that it will also not be taped off or otherwise separately demised from the remainder of the Sublease Premises and Subtenant will be permitted to walk through or otherwise pass through the Excluded Sublease Premises to the extent required to access the remainder of the Sublease Premises or as may be required for exiting requ...

Sublease Premises. The entirety of the Master Lease Premises constituting approximately 27,575 rentable square feet at 1▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the “Building”), as depicted on Exhibit B attached hereto.

Sublease Premises. Except as otherwise agreed, the Sublease Premises will be used in common by Sublessor and Sublessee, subject to and together with the benefit of the terms, covenants, conditions and provisions of this Sublease Agreement and the Main Lease, as may be applicable thereto. Sublessee also has the non-exclusive right to access and use common areas of the Main Lease Premises.

Sublease Premises. Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the Sublease Premises, upon and subject to the terms and conditions set forth herein, together with the non-exclusive use of 3 parking spaces per 1,000 rentable square feet in the Sublease Premises.

Sublease Premises. Sublessor hereby subleases the Sublease Premises to Sublessee, subject to and together with the terms and conditions of this Sublease Agreement, and the applicable terms and conditions of the Main Lease.