Common use of Sublessors Covenants Clause in Contracts

Sublessors Covenants. Notwithstanding anything to the contrary in this Sublease, so long as Sublessee is not in default under this Sublease, Sublessor shall: (1) not modify, amend or waive any provisions thereof or make any election, exercise any option, right or remedy, or grant any consent or approval thereunder which would affect Sublessee's interests under this Sublease without, in each instance, Sublessee's prior written consent; and (2) pay the rent due and perform all of Sublessor's obligations under the Master Lease, except to the extent that Sublessee is obligated to perform such obligations under this Sublease. Sublessor shall (a) upon Sublessee's written request, notify Master Lessor of its nonperformance under the Master Lease and request that Master Lessor perform its obligations under the Master Lease.

Appears in 1 contract

Sources: Sublease (Mti Technology Corp)

Sublessors Covenants. Notwithstanding anything to the contrary in this Sublease, so long as Sublessee is not in default under this Sublease, Sublessor shall: (1) not modify, amend or waive any provisions thereof or make any election, exercise any option, right or remedy, or grant any consent or approval thereunder which would affect Sublessee's ’s interests under this Sublease without, in each instance, Sublessee's ’s prior written consent; , and (2) pay the rent due and perform all of Sublessor's ’s obligations under the Master Lease, except to the extent that Sublessee is obligated to perform such obligations under this Sublease. Sublessor shall (a) upon Sublessee's ’s written request, notify Master Lessor of its nonperformance under the Master Lease and request that Master Lessor perform its obligations under the Master Lease.

Appears in 1 contract

Sources: Sublease (Leadis Technology Inc)