Sub-Leasing Clause Samples

Sub-Leasing. Exhibitors may not sub-lease their space. Only one company is allowed in an exhibit space.

Sub-Leasing. Lessee will not sub-lease or otherwise part with possession of the Aircraft, the Engines or any Part except that the Lessee may part with possession: (a) with respect to the Aircraft, the Engines or any Part, to the relevant manufacturers for testing or similar purposes or to an Agreed Maintenance Performer for service, repair, maintenance or overhaul work or for alterations, modifications or additions to the extent required or permitted by this Agreement; (b) with respect to an Engine or Part, as expressly permitted by this Agreement; (c) with respect to the Aircraft or an Engine, pursuant to an ACMI (aircraft crew, maintenance and insurance) "wet" lease or charter of the Aircraft in which operational control of the Aircraft remains with the Lessee at all times, provided the Aircraft remains registered with the Aviation Authority; (d) with respect to the Aircraft or an Engine, and with the consent of Lessor and Mortgagee (which consent shall not be unreasonably withheld), pursuant to a sublease to a certificated air carrier under the following conditions: (i) no Default shall have occurred and be continuing; (ii) notwithstanding such sublease, Lessee shall remain primarily responsible to Lessor hereunder and the sublease, by its terms, shall be expressly subject and subordinate in all respect to this Agreement; (iii) the sublease shall include clauses identical to or having the same substantive effect as Clauses 2.1, 2.2, 5, 7.7, 7.8, 8, 9, 10, 13, 15.11 and Schedule 5 of this Agreement, except that a sublease may impose additional or more stringent obligations on, or give fewer rights to, any sublessee than are imposed on Lessee under the provisions of this Agreement and that the term of the sublease shall not be capable of extending beyond the Expiry Date; provided, that any sublease to a certificated air carrier that is an Affiliate of Lessee (an "Affiliate Sublease") need only include clauses identical to or having the same substantive effect as Clauses 8 and 9 and Schedule 5 of this Agreement; (iv) the rights, title and interests of Lessor and the Financing Parties in and to the Leased Property and this Agreement shall be duly evidenced and protected to the satisfaction of Lessor and such Financing Parties (including as to the making of all necessary filings and registrations) and such interests shall not, in Lessor's reasonable opinion, be prejudiced by the sublease; (v) Lessee and the sublessee shall have executed and delivered to Lessor a security...

Sub-Leasing. The AO reserves the right to require revenue sharing as a condition of a sublease approval. Said fee shall be determined by negotiation between the Lessee and the AO, but shall not be less than 25% of all compensation paid annually to the Lessee by the Sub-Lessee for commercial usage. The amount of revenue sharing shall be subject to change at the same time as the lease compensation adjustment and whenever the terms or conditions of the sub-lease agreement are amended. “Sublease” shall be defined to include any lease, rental, storage, or accommodation agreement between the Lessee and another individual, business, or corporation utilizing or benefiting from the leasehold. “Sub-Lessee” shall be defined to mean any individual, business, or corporation executing an agreement, as above, with the Lessee. Before approval of a sub-lease will be given, the Lessee must:

Sub-Leasing. The Shipper may also sub-lease its capacity. In this case, it shall not be released from its obligations under the Contract.

Sub-Leasing. The Organizer of this event will only contract with one exhibiting company per booth. If the contracted firm wishes to share his space, he must obtain written permission from the Organizer.

Sub-Leasing. Sub-leasing of residential spaces or other housing locations within the residence hall system is prohibited.

Sub-Leasing. LESSEE WILL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF LESSOR, SUB-LEASE OR OTHERWISE PART WITH POSSESSION OF THE AIRCRAFT, THE ENGINES OR ANY PART EXCEPT THAT LESSEE MAY PART WITH POSSESSION (A) WITH RESPECT TO THE AIRCRAFT, THE ENGINES OR ANY PART TO THE RELEVANT MANUFACTURERS FOR TESTING OR SIMILAR PURPOSES OR TO THE AGREED MAINTENANCE PERFORMER FOR SERVICE, REPAIR, MAINTENANCE OR OVERHAUL WORK, OR ALTERATIONS, MODIFICATIONS OR ADDITIONS TO THE EXTENT REQUIRED OR PERMITTED BY THIS AGREEMENT, AND (B) WITH RESPECT TO AN ENGINE OR PART, AS EXPRESSLY PERMITTED BY THIS AGREEMENT.

Sub-Leasing. Exhibitor may not sublet his/her space, nor any part thereof, nor exhibit, offer for sale, give as a premium, or advertise articles not manufactured or sold in his/her own name, except where such articles are required for the proper demonstration or operation of Exhibitor’s display, in which case identification of such articles shall be limited to the regular nameplate or other identification which in standard practice appears normally on them. Exhibitor may not permit, in the Conference Room, non-exhibiting companies’ representa- tives. Rulings of the Management shall in all instances be final with regard to use of any Exhibitor Conference Room space.

Sub-Leasing. (a) The Lessee may only sublease the Aircraft if permitted by the laws of the Home Jurisdiction of the Lessee and the Lessor has given its prior written consent, which the Lessor may give or withhold at its discretion, and provided in any case that: (i) the Lessee remains primarily liable for the performance of, and, where applicable procures the performance by the sublessee of, the terms of this Agreement, which shall remain at all times in full force and effect; (ii) the terms of the sublease shall be expressly subject and subordinate to this Agreement and shall not be capable of preventing, delaying or prejudicing the Lessor or the Security Trustee from re-acquiring possession of the Aircraft under this Agreement or any other Relevant Document; (iii) the Lessee procures that all steps that the Lessor may reasonably require are taken to ensure the continued priority, validity and enforceability of the right, title and interest of the Lessor Parties and the Finance Parties in and to the Aircraft Assets; (iv) the Aircraft continues to be insured on terms which are consistent with the Insurances; (v) the Lessor and the Security Trustee receive a legal opinion in relation to the sublease in form and substance satisfactory to the Lessor and the Security Trustee; (vi) the Lessee bears the costs incurred by the Lessor and the Security Trustee in connection with its approval of the sublease; (vii) the sublessee shall not be permitted to sub-sublease the Aircraft; (viii) if required to do so by the Lessor, the Lessee grants to the Lessor (or to the Finance Parties or any of them) an assignment by way of security of its rights under that sublease; and (ix) if the proposed sublease (and any assignment by way of security of the associated rights under that sublease entered into in accordance with paragraph (viii) above) creates a Registrable Interest, the Lessor and Lessee shall, and the Lessee shall procure that the sublessee shall, at no cost to the Lessor Parties or the Finance Parties, prior to commencement of the sublease, do or cause to be done, any act or thing which the Lessor and/or the Finance Parties deem necessary or desirable to ensure that the Lessor Parties and the Finance Parties shall have the full benefit of the Convention. Such actions may include (without limitation): (A) any matters connected with the registration, perfection and preservation of a Registrable Interest; (B) subordination of the Lessee’s and the sublessee’s rights in relation to t...