ACKNOWLEDGEMENT OF MASTER LEASE AND GRANT PROVISIONS Sample Clauses

ACKNOWLEDGEMENT OF MASTER LEASE AND GRANT PROVISIONS. It is hereby expressly understood, acknowledged and agreed by Sublessor and Sublessee that this Sublease is subject to the terms, covenants, provisions and conditions of the Master Lease. Sublessee agrees to observe, and comply with, all obligations of Sublessor as the Tenant under the Master Lease as applicable to the use and occupancy of the Subleased Premises, including, without limitation, limiting its use of the Subleased Premises to those uses which are permitted under the terms of the Master Lease and the Grant provided by the United States Department of Commerce, Economic Development Administration (the “EDA”), provided by the EDA in connection with the development and construction of the Premises. The aforementioned provisions stipulate that the Premises shall be used only for the purposes of fostering businesses in Flagstaff that further research and development, science, technology, clean energy, bio-science, healthcare, manufacturing, digital products, emerging technology, tourism, and astronomy fields (hereinafter referred to as “target fields”). Sublessee shall not commit or permit to be committed on the Subleased Premises any act or omission which shall violate any term or condition of the Master Lease or any term or condition of the Grant. Sublessee hereby agrees that, in the event that Sublessor’s rights with respect to the Subleased Premises expire or are terminated for any reason, whether as a result of the termination of the Master Lease by the Master Lessor in accordance with the Master Lessor’s rights under the Master Lease or otherwise, then this Sublease and all of the rights and obligations of Sublessee hereunder shall continue in full force and effect; provided, however, that Sublessee shall adhere to and perform all of its obligations under this Sublease to and for the benefit of the Master Lessor pursuant to the terms of the Master Lease. A copy of the Master Lease and the Grant provided by the EDA to Master Lessor shall be made available from time to time by Sublessor to Sublessee for Sublessee’s review.
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Related to ACKNOWLEDGEMENT OF MASTER LEASE AND GRANT PROVISIONS

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  • Acknowledgement and Consent to Bail In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Acknowledgement of Waiver of Claims Under ADEA Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and the Company agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the Effective Date of this Agreement. Employee acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Employee was already entitled. Employee further acknowledges that he has been advised by this writing that:

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