Common use of Early Termination of Master Lease Clause in Contracts

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.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Portola Pharmaceuticals Inc), Asset Purchase Agreement (Portola Pharmaceuticals Inc), Collaboration and Facilities Agreement (Cytokinetics Inc)

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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 be entitled to exercise or not exercise such right with regard to the Sublease Premises in its sole and absolute discretion.

Appears in 1 contract

Samples: Sublease (Preview Systems Inc)

Early Termination of Master Lease. If, without the fault of Sublandlord Sub- --------------------------------- sublandlord hereunder the Master Lease should terminate prior to the expiration of this SubleaseSub-sublease, Sublandlord Sub-sublandlord shall have no liability to SubtenantSub-subtenant. To the extent that the Master Lease grants Sublandlord Sub-sublandlord any discretionary right to terminate the Master Lease, whether due to casualty, condemnation, or otherwise, Sublandlord Sub- sublandlord shall have the right be entitled to exercise or not exercise such right with regard to the Sublease Premises in its sole and absolute discretion.

Appears in 1 contract

Samples: Sub (Egain Communications Corp)

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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 Lease due to casualty, casualty or condemnation, or otherwise, Sublandlord shall have the right to not exercise such right with regard to without the Sublease Premises prior written consent of the Subtenant which may be withheld by Subtenant in its sole and absolute discretion.

Appears in 1 contract

Samples: Opticnet Inc

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