Common use of Prime Lease Clause in Contracts

Prime Lease. (a) Sublessee hereby acknowledges that is has reviewed a copy of the Prime Lease a copy of which is attached hereto as Exhibit “B” (which by this reference is made apart hereof), and is fully familiar with the provisions thereof. During the Term, Sublessee shall perform, observe, comply with and be subject to, all of the terms, covenants, and conditions of the Prime Lease on the part of the “Tenant” therein named to be performed with respect to the Subleased Premises, and all of the terms, covenants and conditions of the Prime Lease and are hereby incorporated herein by reference with the same force and effect as if herein set forth in full except (a) to the extent that the same are expressly modified by the terms of this Agreement and (b) Sublessee shall have no right to terminate this Sublease under Exhibit F, Section 2 of the Prime Lease, no right to Sublessor’s right of first offer under Exhibit F, Section 3 of the Prime Lease and no right to extend this lease under Article 39 of the Prime Lease. Sublessee shall not do or permit anything to be done which would result in a default under or cause the Prime Lease to be terminated or forfeited. Wherever the terms “Tenant,” “this Lease” and “Premises” occur in the Prime Lease, the same shall be deemed to refer to Sublessee, this Agreement and the Subleased Premises, respectively, herein).

Appears in 1 contract

Samples: Sublease Agreement (Taleo Corp)

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Prime Lease. (a) Sublessee hereby acknowledges The Prime Lease is incorporated herein by reference so that, except to the extent that is has reviewed a copy certain provisions of the Prime Lease a copy of which is attached hereto as Exhibit “B” (which are inapplicable or modified by this reference is made apart hereof)Sublease, or excluded below, each and is fully familiar with the provisions thereof. During the Termevery term, Sublessee shall perform, observe, comply with covenant and be subject to, all of the terms, covenants, and conditions condition of the Prime Lease on binding or inuring to the part benefit of Landlord shall, in respect of the “Tenant” therein named to be performed with respect Sublease, bind or inure to the Subleased Premisesbenefit of Sublessor, and all of the termseach and every term, covenants covenant and conditions condition of the Prime Lease and are hereby incorporated herein by reference binding or inuring to the benefit of lessee thereunder shall, in respect to the Sublease, bind or inure to the benefit of Subtenant, with the same force and effect as if herein such terms, covenants and conditions were completely set forth in full except (a) to the extent that Sublease, and as if the same are expressly modified by the terms of this Agreement and (b) Sublessee shall have no right to terminate this Sublease under Exhibit F, Section 2 of the Prime Lease, no right to Sublessor’s right of first offer under Exhibit F, Section 3 of the Prime Lease and no right to extend this lease under Article 39 of the Prime Lease. Sublessee shall not do or permit anything to be done which would result in a default under or cause the Prime Lease to be terminated or forfeited. Wherever the terms words Tenant,” “this LeaseLessor(s)” and “Premises” occur Lessee(s)”, or words of similar import, wherever the same appear in the Prime Lease, the same shall be deemed were construed to refer to Sublessee, this Agreement and the Subleased Premisesmean, respectively, “Sublessor” and “Subtenant” in the Sublease, and as if the words “Leased Premises”, “Premises”, “Leased Property”, or words of similar import, wherever the same appear in the Prime Lease, were construed to mean “Subleased Premises” in the Sublease, and as if the word “Lease,” or words of similar import, wherever the same appear in the Prime Lease, were construed to mean the “Sublease.” If any of the express provisions of the Sublease shall conflict with any of the provisions of the Prime Lease incorporated by reference herein), such conflict shall be resolved in every instance in favor of the express provisions of the Sublease. Notwithstanding the foregoing or anything to the contrary contained herein, Subtenant shall not have the right to exercise any renewal options, expansion options, rights of first offer or similar rights set forth in the Prime Lease.

Appears in 1 contract

Samples: Commercial Lease Agreement (Mannatech Inc)

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Prime Lease. The Prime Lease is incorporated herein by reference (aExhibit A) Sublessee hereby acknowledges so that, except to the extent that is has reviewed a copy certain provisions of the Prime Lease a copy of which is attached hereto as Exhibit “B” (which are inapplicable or modified by this reference is made apart hereof)Sublease, or excluded below, each and is fully familiar with the provisions thereof. During the Termevery term, Sublessee shall perform, observe, comply with covenant and be subject to, all of the terms, covenants, and conditions condition of the Prime Lease on binding or inuring to the part benefit of Landlord shall, in respect of the “Tenant” therein named to be performed with respect Sublease, bind or inure to the Subleased Premisesbenefit of Sublessor, and all of the termseach and every term, covenants covenant and conditions condition of the Prime Lease and are hereby incorporated herein by reference binding or inuring to the benefit of lessee there under shall, in respect to the Sublease, bind or inure to the benefit of Subtenant, with the same force and effect as if herein such terms, covenants and conditions were completely set forth in full except (a) to the extent that Sublease, and as if the same are expressly modified by the terms of this Agreement and (b) Sublessee shall have no right to terminate this Sublease under Exhibit F, Section 2 of the Prime Lease, no right to Sublessor’s right of first offer under Exhibit F, Section 3 of the Prime Lease and no right to extend this lease under Article 39 of the Prime Lease. Sublessee shall not do or permit anything to be done which would result in a default under or cause the Prime Lease to be terminated or forfeited. Wherever the terms words Tenant,” “this LeaseLandlord” and “Premises” occur Tenant”, or words of similar import, wherever the same appear in the Prime Lease, the same shall be deemed were construed to refer to Sublessee, this Agreement and the Subleased Premisesmean, respectively, “Sublessor” and “Subtenant” in this Sublease, and as if the words “Leased Premises”, “Premises”, “Leased Property”, or words of similar import, wherever the same appear in the Prime Lease, were construed to mean “Subleased Premises” in this Sublease, and as if the word “Lease”, or words of similar import, wherever the same appear in the Prime Lease, were construed to mean this “Sublease.” If any of the express provisions of the Sublease shall conflict with any of the provisions of the Prime Lease incorporated by reference herein), such conflict shall be resolved in every instance in favor of the express provisions of the Sublease. Notwithstanding the foregoing or anything to the contrary contained herein, Subtenant shall not have the right to exercise any renewal options, expansion options, rights of first offer or similar rights set forth in the Prime Lease.

Appears in 1 contract

Samples: Sublease Agreement (Oragenics Inc)

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