Common use of Precondition Clause in Contracts

Precondition. The Master Lease requires that Sublandlord obtain the consent of Master Landlord to any subletting by Sublandlord. This Sublease shall not be effective unless and until Master Landlord signs a consent to this subletting satisfactory to Sublandlord. Subtenant will sign such consent if required by Master Landlord as reasonably presented by Master Landlord.

Appears in 2 contracts

Sources: Sublease Agreement (Compugen LTD), Sublease Agreement (Kalobios Pharmaceuticals Inc)

Precondition. The Master Lease master lease requires that Sublandlord obtain Sublessor has received the consent of Master Landlord the main landlord to any subletting by Sublandlordsublease Sublessor. This Sublease shall The present sublease is not be effective unless and until Master Landlord signs as long as the main landlord will not sign satisfactory to subtenant a consent to this subletting satisfactory to Sublandlordsublease. Subtenant will sign such consent if required by Master Landlord as reasonably presented by Master Landlord.Article 11 miscellaneous 11.1

Appears in 1 contract

Sources: Sublease Agreement