Common use of Master Landlord Consent Clause in Contracts

Master Landlord Consent. This Sublease shall not become effective and shall not be deemed to be an offer to sublease or create any rights or obligations between Subtenant or Sublandlord unless and until Sublandlord and Subtenant have executed and delivered the same, and Master Landlord has executed and delivered a consent to this Sublease in the form attached hereto as Exhibit E, with such changes as may reasonably be accepted by Subtenant and Sublandlord as long as Master Landlord does not change the non-disturbance language of paragraph 4 of the consent set forth in Exhibit E. Subtenant shall use commercially reasonable efforts to obtain the consent of Master Landlord promptly following mutual execution hereon. If no such consent to this Sublease is given by Master Landlord within thirty (30) days after the delivery of a copy of the fully executed Sublease to Master Landlord, then either Sublandlord or Subtenant shall have the right, by written notice to the other, to terminate this Sublease at any time prior to such consent from Master Landlord being given. By delivering this Sublease, each Party hereby represents and warrants to the other that such execution and delivery has been duly authorized by all necessary corporate or partnership action and that the person(s) executing same have been duly authorized to do so. In the event the Master Lease is terminated prior to the expiration of the Sublease Term, whether as a result of a voluntary termination by Sublandlord or a default on the part of Sublandlord, this Sublease shall, upon notice from Master Landlord to Subtenant, remain in full force and effect as a direct lease between Subtenant and Master Landlord (in which event Subtenant shall attorn to Master Landlord).

Appears in 2 contracts

Samples: Sublease Agreement (Halozyme Therapeutics Inc), Sublease Agreement (Avanir Pharmaceuticals)

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Master Landlord Consent. This Sublease (and delivery of possession of the Sublease Premises to Subtenant) is subject to the written consent of Master Landlord, which consent shall not become effective be upon terms and shall not be deemed conditions acceptable to be an offer to sublease or create any rights or obligations between Subtenant or and Sublandlord unless in their sole and until Sublandlord and Subtenant have executed and delivered the same, and absolute discretion. If Master Landlord has executed and delivered a refuses to unconditionally consent to this Sublease, or if the consent contains terms and conditions unacceptable to Sublandlord or Subtenant, this Sublease in shall terminate and neither party shall have any continuing obligation to the form attached hereto as Exhibit E, other with such changes as may reasonably be accepted respect to the Subleased Premises; provided Sublandlord promptly shall return to Subtenant all sums paid by Subtenant and to Sublandlord as long as Master Landlord does not change in connection with Subtenant’s execution of this Sublease. In the non-disturbance language of paragraph 4 of the consent set forth in Exhibit E. Subtenant shall use commercially reasonable efforts to obtain the event such unconditional consent of Master Landlord promptly following mutual execution hereon. If no such consent to this Sublease is given not obtained by Master Landlord within thirty (30) days after the delivery of a copy of the fully executed Sublease to Master LandlordSublandlord by March 15, 2005, then either Sublandlord or Subtenant shall have the right, by written notice to the other, to may terminate this Sublease at any time prior to such consent from Master Landlord being given. By delivering this Sublease, each Party hereby represents and warrants to by giving the other that such execution and delivery has been duly authorized by all necessary corporate or partnership action and that party ten (10) days’ prior written notice, in which case this Sublease shall terminate on the person(s) executing same have been duly authorized to do so. In day following the event the Master Lease is terminated prior to the expiration last day of the Sublease Termten (10) day notice period (unless Master Landlord’s consent is obtained during such ten (10) day period, whether as a result of a voluntary termination by Sublandlord or a default on the part of Sublandlord, in which case this Sublease shall, upon notice from Master Landlord to Subtenant, shall remain in full force and effect as a direct lease between effect), neither party shall have any further rights or obligations hereunder and Sublandlord promptly shall return to Subtenant and Master Landlord (all sums paid by Subtenant to Sublandlord in which event Subtenant shall attorn to Master Landlord)connection with Subtenant’s execution of this Sublease.

Appears in 2 contracts

Samples: Agreement and Certificate (Openwave Systems Inc), Agreement and Certificate (Openwave Systems Inc)

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Master Landlord Consent. This Sublease shall not become effective and shall not be deemed to be an offer to sublease or create any rights or obligations between Subtenant or Sublandlord unless and until Sublandlord and Subtenant have executed and delivered the same, and Master Landlord has executed and delivered a consent to this Sublease in the form attached hereto as Exhibit ED, with such changes as may reasonably be accepted by Subtenant and Sublandlord as long as Master Landlord does not change the non-disturbance language of paragraph 4 of the consent set forth in Exhibit E. D. Subtenant shall use commercially reasonable efforts to obtain the consent of Master Landlord promptly following mutual execution hereon. If no such consent to this Sublease is given by Master Landlord within thirty (30) days after the delivery of a copy of the fully executed Sublease to Master Landlord, then either Sublandlord or Subtenant shall have the right, by written notice to the other, to terminate this Sublease at any time prior to such consent from Master Landlord being given. By delivering this Sublease, each Party hereby represents and warrants to the other that such execution and delivery has been duly authorized by all necessary corporate or partnership action and that the person(s) executing same have been duly authorized to do so. In the event the Master Lease is terminated prior to the expiration of the Sublease Term, whether as a result of a voluntary termination by Sublandlord or a default on the part of Sublandlord, this Sublease shall, upon notice from Master Landlord to Subtenant, remain in full force and effect as a direct lease between Subtenant and Master Landlord (in which event Subtenant shall attorn to Master Landlord).

Appears in 2 contracts

Samples: Sublease Agreement (Halozyme Therapeutics Inc), Sublease Agreement (Avanir Pharmaceuticals)

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