Early Termination of Master Lease Sample Clauses

Early Termination of Master Lease. If, without the fault of Sublandlord hereunder the Master Lease should terminate prior to the expiration of this Sublease, Sublandlord shall have no liability to Subtenant. To the extent that the Master Lease grants Sublandlord any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublandlord shall have the right to exercise such right with regard to the Sublease Premises in its sole and absolute discretion.
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Early Termination of Master Lease. If, without the fault of Sublessor or Sublessee, the Master Lease should terminate prior to the expiration of this Sublease, neither party shall have any liability to the other party. To the extent that the Master Lease grants Sublessor any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublessor shall be entitled to exercise or not exercise such right in its complete and absolute discretion.
Early Termination of Master Lease. Sublandlord shall not amend or otherwise modify the Master Lease in a manner that would adversely affect the Sublease Premises, Subtenant’s use or occupancy thereof (or its use of the Common Areas), or Sublandlord’s or Subtenant’s rights or obligations under this Sublease Agreement, except that to the extent that the Master Lease grants Sublandlord any discretionary right to terminate the Master Lease due to casualty or condemnation, Sublandlord may exercise such rights during the Term of this Sublease in its sole discretion. Notwithstanding the foregoing, Sublandlord may terminate the Master Lease for reasons other than casualty or condemnation provided that Sublandlord delivers to Subtenant a nondisturbance agreement in form reasonably acceptable to Subtenant and executed by Master Landlord or an assignment of Sublandlord’s interest as Sublandlord under this Sublease pursuant to which Master Landlord assumes all obligations of Sublandlord hereunder. If the Master Lease should terminate prior to the expiration of this Sublease for any reason, Sublandlord shall have no liability to Subtenant on account of such termination, except as expressly set forth in Section 11.5 above.
Early Termination of Master Lease. If, without the fault of Sublandlord or Subtenant, the Master Lease should terminate prior to the expiration of this Sublease, neither party shall have any liability to the other party. To the extent that the Master Lease grants Sublandlord any discretionary right to terminate the Master Lease, whether due to casualty, condemnation or otherwise, Sublandlord shall be entitled to exercise or not exercise such right in its complete and absolute discretion; provided, however, that Sublandlord shall use reasonable efforts to give to Subtenant as much prior notice of its intent to terminate as practicable.
Early Termination of Master Lease. If, without the fault of Sublandlord or Subtenant, the Master Lease should terminate prior to the expiration of this Sublease, neither party shall have any liability to the other party.
Early Termination of Master Lease. If, without the fault of Sublessor hereunder the Master Lease should terminate prior to the expiration of this Sublease, Sublessor shall have no liability to Sublessee. To the extent that the Master Lease grants Sublessor any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublessor shall not exercise such right at any time during the first forty two (42) months of the term of this Sublease without the prior written consent of the Sublessee. Commencing with the forty third (43rd) month, Sublessor shall be entitled to exercise or not exercise any such discretionary right to terminate the Master Lease in its complete and absolute discretion. In the event of a termination of this Sublease due to casualty or condemnation, Sublessor shall be entitled to all insurance proceeds for the Sublessor Improvements regardless of whether the insurance covering the Sublessor Improvements is maintained by Sublessor or Sublessee. In the event of a casualty or condemnation which does not result in a termination of this Sublease, Sublessee shall receive all insurance proceeds for the Sublessor Improvements (regardless of whether the insurance covering the Sublessor Improvements is maintained by
Early Termination of Master Lease. (a) If the Master Lease terminates prior to the scheduled expiration of the Sublease Term, Sublandlord shall have no liability to Subtenant unless termination of the Master Lease is due to Sublandlord's default thereunder, and such default is not caused by Subtenant's failure to timely and fully observe, perform and discharge its obligations under this Sublease (including, without limitation, the Transferred Obligations) or Sublandlord's material default under this Sublease. Where the Master Lease grants Sublandlord any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublandlord shall exercise such right only with the prior written consent of Subtenant and, subject only to such consent requirement, the termination of this Sublease as a consequence of Sublandlord's exercise of any right to terminate the Master Lease shall not lead to any liability on Sublandlord's part.
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Early Termination of Master Lease. If, without the fault of Sublandlord or Subtenant, a Master Lease should terminate prior to the expiration of this Sublease, neither party shall have any liability to the other party. To the extent that a Master Lease grants Sublandlord any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublandlord agrees to give Subtenant prompt written notice of such option, Provided that there has not theretofore occurred any Event of Default more than twice during the term of this Sublease, and there is not at that time existing any Event of Default or any event which with notice or passage of time or both would constitute an Event of Default, Sublandlord agrees that it will not exercise such option (i) unless so directed in writing by Subtenant at any time within five business (5) days of the deadline for exercise of such option by Sublandlord, or (ii) unless
Early Termination of Master Lease. If any damage or destruction or condemnation of the Subleased Premises occurs during the Term, Sublessee shall have the right to terminate this Sublease within the time periods set forth in Articles 11 and 13 of the Master Lease, as incorporated herein. Sublessor shall promptly (in no event later than five (5) Business Days following receipt thereof) forward any communication from Master Lessor with respect to any damage or destruction or condemnation of the Subleased Premises. If this Sublease is not so terminated, Sublessor agrees to use its commercially reasonable efforts to cause the Master Lessor to perform and complete its obligations under the Master Lease (without requiring Sublessor to expend more than a nominal sum unless Sublessee reimburses Sublessor for such expenses). If Sublessor is entitled under Articles 11 or 13 to receive any abatement or reduction of Rent, then Sublessee shall receive the same abatement or reduction of Rent, to the extent Sublessor actually receives such abatement from Master Lessor.
Early Termination of Master Lease. Where the Master Lease grants Sublandlord any discretionary right to terminate the Master Lease as to all or any portion of the Premises, whether due to casualty, condemnation, or otherwise, including, without limitation, pursuant to Section 44.3. of the Master Lease, Sublandlord shall not exercise any such right unless consented to by Subtenant in Subtenant’s sole and absolute discretion if such termination would adversely affect Subtenant’s occupancy or use of the Premises or would increase its obligations or reduce its rights hereunder. In connection with any casualty or condemnation affecting the Premises, Subtenant shall have the same rights to terminate this Sublease within the same time periods set forth under the Master Lease in Articles 13 and/or 14 of the Master Lease (except that for purposes of clause (iii) of Section 13.3(A) of the Master Lease, the word “Term” shall refer to the Sublease Term). Sublandlord shall promptly forward to Subtenant any communication from Landlord with respect to any damage or destruction or condemnation of the Premises. Landlord’s recognition of Subtenant as a direct tenant in the event of a termination of the Master Lease shall be governed by the terms of the Landlord’s Consent.
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