Common use of Assumption by Sublessee Clause in Contracts

Assumption by Sublessee. In addition to the terms, conditions and provisions of this Sublease, Sublessee understands and agrees that this Sublease is subject to each and all of the terms, conditions and provisions of the Lease and of the rights of Lessor thereunder. Except as expressly provided in this Sublease, Sublessee expressly assumes all of the responsibilities and obligations imposed upon Sublessor as the tenant under the terms of the Lease. In the event any inconsistency arises between the Lease and this Sublease in the obligations of the Sublessee, the more stringent obligations shall prevail.

Appears in 1 contract

Sources: Asset Purchase Agreement (New Horizons Worldwide Inc)

Assumption by Sublessee. In addition to the terms, conditions and provisions of this Sublease, Sublessee understands and agrees that this Sublease is subject to each and all of the terms, conditions and provisions of the Lease and of the rights of Lessor Landlord thereunder. Except as expressly provided in this Sublease, Sublessee expressly assumes all of the responsibilities and obligations imposed upon Sublessor as the tenant under the terms of the Lease. In the event any inconsistency arises between the Lease and this Sublease in the obligations of the Sublessee, the more stringent obligations shall prevail.

Appears in 1 contract

Sources: Asset Purchase Agreement (New Horizons Worldwide Inc)