Common use of Status of Lease Clause in Contracts

Status of Lease. Sublandlord hereby represents and warrants to Subtenant that (i) the Master Lease attached hereto as Exhibit 3 has been executed and delivered by Master Landlord and Sublandlord and constitutes the entire agreement of the parties thereto relating to the lease of the Premises, (ii) no default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Landlord, exists under the Lease, (iii) no event has occurred that, with the passage of time, the giving of notice, or both, would constitute a default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Landlord under the Lease, and (iv) subject to receipt of Landlord's written consent hereto, Sublandlord has the right and power to execute and deliver this Sublease and to perform its obligations hereunder. Sublandlord shall not, except with the prior written consent of Subtenant, terminate the Master Lease or take any action that gives rise to a right of termination thereof by Landlord. Furthermore, so long as Subtenant is not in default hereunder (after any applicable notice and cure period), Sublandlord shall not, except with the prior written consent of Subtenant, modify or amend the Master Lease, or make any elections or give any consent under the Master Lease in such a manner as to materially adversely affect the rights or obligations of Subtenant under this Sublease.

Appears in 1 contract

Samples: E Piphany Inc

AutoNDA by SimpleDocs

Status of Lease. Sublandlord hereby represents and warrants to Subtenant that (i) the Master Lease attached hereto as Exhibit 3 Attachment I has been executed and delivered by Master Landlord and Sublandlord and constitutes the entire agreement of the parties thereto relating to the lease of the Subleased Premises, (ii) no default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Master Landlord, exists under the Master Lease, (iii) no event has occurred that, with the passage of time, the giving of notice, or both, would constitute a default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Master Landlord under the Master Lease, and (iv) subject to receipt of Master Landlord's written consent hereto, . Sublandlord has the right and power to execute and deliver this Sublease and to perform its obligations hereunder. Sublandlord shall not, except with the prior written consent of Subtenant, terminate the Master Lease or take any action that gives rise to a right of termination thereof by Landlord. Furthermore, so long as Subtenant is not in default hereunder (after any applicable notice and cure period), Sublandlord shall not, except with the prior written consent of Subtenant, modify or amend the Master Lease, or make any elections or give any consent under the Master Lease in such a manner as to materially adversely affect increase the rights or obligations of Subtenant hereunder or under this Subleasethe Master Lease, without the prior written consent of Subtenant.

Appears in 1 contract

Samples: Cyberstar Computer Corp

Status of Lease. Sublandlord hereby represents and warrants to --------------- Subtenant that (i) the Master Lease attached hereto as Exhibit 3 A has been executed and delivered by Master Landlord and Sublandlord and constitutes the entire agreement of the parties thereto relating to the lease of the Premises, (ii) no default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Landlord, exists under the Lease, (iii) no event has occurred that, with the passage of time, the giving of notice, or both, would constitute a default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Landlord under the Lease, and (iv) subject to receipt of Landlord's written consent hereto, Sublandlord has the right and power to execute and deliver this Sublease and to perform its obligations hereunder. Sublandlord shall not, except with the prior written consent of Subtenant, terminate the Master Lease or take any action that gives rise to a right of termination thereof by Landlord. Furthermore, so long as Subtenant is not in default hereunder (after any applicable notice and cure period), Sublandlord shall not, except with the prior written consent of Subtenant, modify or amend the Master Lease, or make any elections or give any consent under the Master Lease in such a manner as to materially adversely affect increase the rights or obligations of Subtenant hereunder or under this Subleasethe Master Lease, without the prior written consent of Subtenant, which shall not be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Sublease (Preview Systems Inc)

Status of Lease. Sublandlord Sublessor hereby represents and warrants to Subtenant Sublessee --------------- that to the best of Sublessor's knowledge (i) the Master Lease attached hereto as Exhibit 3 A has been executed and delivered by Master Landlord Lessor and Sublandlord Sublessor and --------- constitutes the entire agreement of the parties thereto relating to the lease of the Premises, (ii) no default or breach by Sublandlord Sublessor or, to the best of SublandlordSublessor's knowledge, by Landlord, Lessor exists under the Lease, (iii) no event has occurred that, with the passage of time, the giving of notice, or both, otherwise would constitute a default or breach by Sublandlord Sublessor or, to the best of SublandlordSublessor's knowledge, by Landlord Lessor under the Lease, and (iv) subject the term of the Lease expires concurrently with or Subsequent to the term of this Sublease; and (v) Subject to receipt of LandlordLessor's written consent hereto, Sublandlord Sublessor has the right and power to execute and deliver this Sublease and to perform its obligations hereunder. Sublandlord Sublessor shall notnot rescind, except amend or otherwise enter into any agreement modifying or affecting the Lease (including, without limitation, any agreement Subordinating its rights under the Lease to the rights of any other party which agreement does not comply with the terms of Paragraph 24 of the Lease) without the prior written consent of Subtenant, terminate the Master Lease or take any action that gives rise to a right of termination thereof by LandlordSublessee. Furthermore, so So long as Subtenant is not in no default hereunder (after any applicable notice by Sublessee has occurred and cure period)remains uncured hereunder, Sublandlord Sublessee shall notbe entitled to peaceful and quiet possession of the Premises and the Second Property, except with Subject to the prior written consent terms and conditions of Subtenant, modify or amend this Sublease and the Master Lease, or make any elections or give any consent under the Master Lease in such a manner as to materially adversely affect the rights or obligations of Subtenant under this Sublease.

Appears in 1 contract

Samples: Power Integrations Inc

AutoNDA by SimpleDocs

Status of Lease. Sublandlord hereby represents and warrants to Subtenant that (i) the Master Lease attached hereto as Exhibit 3 Attachment I has been executed and delivered by Master Landlord and Sublandlord and constitutes the entire agreement of the parties thereto relating to the lease of the Subleased Premises, (ii) no default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Master Landlord, exists under the Master Lease, (iii) no event has occurred that, with the passage of time, the giving of notice, or both, would constitute a default or breach by Sublandlord or, to the best of Sublandlord's knowledge, by Master Landlord under the Master Lease, and (iv) subject to receipt of Master Landlord's written consent hereto, Sublandlord has the right and power to execute and deliver this Sublease and to perform its obligations hereunder. Sublandlord shall not, except with the prior written consent of Subtenant, terminate the Master Lease or take any action that gives rise to a right of termination thereof by Landlord. Furthermore, so long as Subtenant is not in default hereunder (after any applicable notice and cure period), Sublandlord shall not, except with the prior written consent of Subtenant, modify or amend the Master Lease, or make any elections or give any consent under the Master Lease in such a manner as to materially adversely affect increase the rights or obligations of Subtenant hereunder or under this Subleasethe Master Lease, without the prior written consent of Subtenant.

Appears in 1 contract

Samples: Cobalt Networks Inc

Time is Money Join Law Insider Premium to draft better contracts faster.