Subordination of Sublease Sample Clauses

Subordination of Sublease. It is understood that Sublandlord is not the fee owner of the Premises, but has acquired its interest therein solely through the Underlying Lease. This Sublease is subject to the provisions of the Underlying Lease and subordinate thereto. In the event that the Underlying Lease shall be cancelled or terminated by Landlord, the Term of this Sublease shall automatically terminate as of the date of such cancellation or termination of the Underlying Lease by Landlord, and Sublandlord shall not be liable in any way or to any extent to Subtenant for such termination or cancellation or for any damages or losses incurred or claimed to be incurred by Subtenant as a result thereof.

Subordination of Sublease. This Sublease is and shall at all times be subject and subordinate to the Lease.

Subordination of Sublease. This Sublease is and shall be subject and subordinate to any and all mortgages, deeds of trust or land leases now existing upon or that may be hereafter placed upon the Premises, and to all advances made or to be made thereon, and all renewals, modifications, consolidations, replacements or extensions thereof, and the lien of any such mortgages, deeds of trust and land leases shall be superior to all rights hereby or hereunder vested in Tenant, to the full extent of all sums secured thereby. This provision shall be self-operative, and no further instrument of subordination shall be necessary to effectuate such subordination; and the recording of any such mortgage, deed of trust or land lease shall have preference and precedence and be superior and prior in lien to this Sublease, irrespective of the date of recording. In confirmation of such subordination, Tenant shall within ten (10) days after request of Landlord, Prime Lessor, or the holder of any such mortgage, deed of trust, or land lease, execute and deliver to Landlord, Prime Lessor or such holder, as the case may be, any instrument acknowledging such subordination that Landlord, Prime Lessor or such holder may reasonably request. Tenant agrees to attorn to any person or entity who may acquire title to the Building by way of transfer or foreclosure provided that such transferee or purchaser agrees to recognize Tenant's rights under this Sublease so long as Tenant is not in default in any of its obligations hereunder. Tenant shall also, within twenty (20) days after Landlord's or Prime Lessor's request, execute an attornment agreement evidencing the obligations of Tenant herein to attorn to such mortgagee in the event of a future succession of the rights of Landlord herein to any mortgagee, deed of trust holder or land lessor of the Premises. In the event of any act or omission of Landlord constituting a default by Landlord, Tenant shall not exercise any remedy until Tenant has given Landlord, Prime Lessor and any mortgagee, deed of trust holder or land lessor of the Building a prior thirty (30) day written notice of such act or omission; provided, however, if such act or omission cannot, with due diligence and in good faith, be remedied within such thirty (30) day period, Landlord, Prime Lessor and any mortgagee, deed of trust holder or land lessor shall be allowed such further period of time as may be reasonably necessary provided that it commences remedying the same with due diligence and in good f...

Subordination of Sublease. This Sublease is and shall always be subject and subordinate to the Prime Lease and to any financing with respect to the Property, whether now or hereafter existing, including any amendments and extensions thereof. Default. Subtenant’s failure to pay Rent and/or utility payments (if any) as and when due (“Payment Default”), subject to a 5-day cure period, constitutes a default hereunder. Sublessor is not required to provide Subtenant with any notice of default in regard to a Payment Default. In addition, breach or default under and any other term or requirement of this Sublease, upon notice by Sublessor to Subtenant and expiration of a 30-day cure period, shall also constitute a default hereunder. Upon a default by Subtenant hereunder, Sublessor shall have all rights and remedies available to it, including terminating this Sublease, seeking eviction or summary eviction, and pursuing money damages. Subtenant shall be liable for, and shall reimburse Sublessor from and against any legal fees incurred in the enforcement of this Sublease as against Subtenant.

Subordination of Sublease. This Sublease is subject and subordinate to the Master Lease, and Subtenant shall have no greater rights in and to the Subleased Premises than Sublandlord has as tenant under the Master Lease.

Subordination of Sublease. This Sublease and all rights of Concessionaire hereunder are in all respects subject and subordinate to (i) the Agreement and to all of the terms, covenants and conditions thereof, and (ii) to all encumbrances now affecting the Agreement or the Premises or to which the Agreement is subject and subordinate. The foregoing provisions shall be self-operative and no further instrument of subordination shall be necessary, unless required by Host or City, in which event Concessionaire agrees, on demand, at any time or times, to execute, acknowledge and deliver to Host and/or City any and all instruments that may be reasonably necessary or proper to confirm the aforesaid subordination of this Sublease, and all rights of Concessionaire hereunder, to the Agreement and the lien of any such encumbrances.

Subordination of Sublease. This Sublease is subject to and subordinate in all respects to the Master Lease. Subtenant acknowledges that it has received a copy of the Master Lease.

Subordination of Sublease. The Sublease shall at all times be subject and subordinate to the Master Lease and any and all terms, covenants and conditions of the Master Lease.

Subordination of Sublease. Subtenant acknowledges that this Sublease is subject and subordinate to the Master Lease and to all the terms, covenants and conditions contained therein. To the extent the Master Lease is also subject and subordinate to any other instruments, this Sublease is also subject and subordinate to any which might now or hereafter affect the Master Lease, the Premises or the Subleased Premises. The voluntary or other surrender of the Master Lease or the cancellation of the Master Lease by mutual agreement of Sublandlord and Master Landlord or the termination of the Master Lease for any other reason will not create a merger, and will, at Master Landlord's option, (a) terminate the Sublease, or (b) operate as an assignment to Master Landlord of the Sublease, whereupon (i) Subtenant shall be entitled to continued occupancy in the Subleased Premises in accordance with this Sublease with Sublandlord as long as this Sublease is not terminated in accordance with its terms (including termination for event of default), and (ii) Subtenant agrees to attorn to Master Landlord under the Sublease (including the payment of all rental and other charges without offset for prepayments previously made other than rental and other charges paid not more than one month in advance) and agrees not to effect the termination of the same due to any termination of the Master Lease, and upon such other terms and conditions as are customarily required in similar circumstances..