Common use of Sublandlord Representations Clause in Contracts

Sublandlord Representations. Sublandlord represents and warrants, to Sublandlord’s actual knowledge (without duty of investigation or inquiry), that: (i) it is the holder of the interest of the “Tenant” under the Master Lease and said interest is not the subject of any lien, assignment, sublease, or other hypothecation or pledge by Sublandlord; (ii) the Master Lease is in full force and effect unmodified, except as set forth above, and constitutes the entire agreement between the Master Landlord and Sublandlord in respect of the Subleased Premises; (iii) no notices of default have been served on Sublandlord under the Master Lease which have not been cured; (iv) neither Sublandlord nor Master Landlord is in default under the Master Lease; (v) there are no financing statements outstanding with respect to the Subleased Premises or any fixtures therein or improvements or alterations thereto under which Sublandlord is the debtor; (vi) there are no Hazardous Materials in, on or about the Subleased Premises (other than those materials customarily used in the business or activity expressly permitted to be undertaken in the Subleased Premises under Section 1.9 of the Master Lease); (vii) there are currently no uncured violations of any federal, state or local laws, regulations, codes, executive orders, guidelines or requirements affecting the Subleased Premises.

Appears in 1 contract

Sources: Sublease Agreement (Avanir Pharmaceuticals, Inc.)

Sublandlord Representations. Sublandlord represents and warrantsSublandlord, to Sublandlord’s actual knowledge (without duty of investigation or inquiry), that: (i) it is as the holder of the interest of the “Tenant” tenant under the Master Lease identified in Section 1.3 above, represents and said interest warrants to Subtenant that: (a) Exhibit B to this Sublease is a full and complete copy of the Master Lease, as redacted, and has not the subject of any lien, assignment, sublease, been modified or other hypothecation or pledge by Sublandlordamended except as included in Exhibit B; (iib) the Master Lease Lease, as of the Execution Date, is in full force and effect unmodified, except as set forth above, and constitutes the entire agreement between the of Master Landlord and Sublandlord in respect relating to the lease of the Subleased Sublease Premises; , and (iiic) to the current actual knowledge of Sublandlord (without duty of inquiry or investigation), there exists no notices event of default have been served on Sublandlord under the Master Lease which have and Sublandlord has not been cured; (iv) neither Sublandlord nor Master Landlord is in given or received an uncured notice of default under the Master Lease; (vd) there the person or persons executing this Sublease for Sublandlord are fully authorized to so act and no financing statements outstanding with respect other action is required to the Subleased Premises or any fixtures therein or improvements or alterations thereto under which bind Sublandlord is the debtorto this Sublease; (vie) there are no Hazardous Materials inSublandlord has not previously assigned its rights under the Master Lease or sublet all or a portion of the Sublease Premises for any portion of the Sublease Term, on or about the Subleased Premises (other than those materials customarily used in to Subtenant, and (f) Sublandlord has the business or activity expressly permitted right and power to be undertaken in the Subleased Premises under Section 1.9 of the execute and deliver this Sublease and to perform its obligations hereunder, subject only to Master Lease); (vii) there are currently no uncured violations of any federal, state or local laws, regulations, codes, executive orders, guidelines or requirements affecting the Subleased PremisesLandlord’s consent.

Appears in 1 contract

Sources: Sublease (Nerdwallet, Inc.)