Common use of Space Leases Clause in Contracts

Space Leases. Lessor hereby assigns to Lessee all of Lessor's right, title and interest as landlord under the Space Leases, which Space Leases shall be subleases of the applicable Properties on the terms and conditions set forth in the Space Leases. Lessee shall fulfill, perform and observe in all respects, at its own cost and expense, each and every condition and covenant of the lessor in each Space Lease and give prompt notice to Lessor of any claim or event of default under any Space Lease given to Lessee by any Space Lessee or given by Lessee to any Space Lessee, together with a complete copy or statement of any information submitted or referenced in support of such claim or event of default. Lessor agrees that the Space Leases are not subject to the consent requirements set forth in Section 26.B, provided that, Lessee shall not be relieved of any of its obligations with respect to this Lease by reason of the Space Leases.