Specified Sublease Clause Samples
The Specified Sublease clause defines and identifies a particular sublease agreement that is relevant within the context of a larger contract, such as a master lease or assignment agreement. This clause typically references the sublease by date, parties, and property address, ensuring there is no ambiguity about which sublease is being discussed. Its core function is to provide clarity and precision, preventing misunderstandings or disputes about the scope and application of rights and obligations related to the referenced sublease.
Specified Sublease. Any lease in effect on the Commencement Date constituting part of the Leased Property with respect to which Tenant is a sublessor, substantially as in effect on the Commencement Date, a list of which is attached on Schedule A hereto. State: With respect to each Facility, the state or commonwealth in which such Facility is located.