Common use of Substantial Portion Clause in Contracts

Substantial Portion. For all purposes of this Sublease, the term "SUBSTANTIAL PORTION" (i) any part of the building on the Subleased Premises, (ii) 10% OR MORE of the parking spaces on the Subleased Premises, (iii) 15% OR MORE of the land area demised as part of the Subleased Premises, (iv) any property which materially and adversely affects the direct access from the Subleased Premises to any adjacent street or highway, AND (iv) any portion of the land or improvements, the absence of which is reasonably likely to have a substantial impact on the business of Lessee conducted in, on, or from the Subleased Premises.

Appears in 2 contracts

Sources: Sublease Agreement (Tumbleweed Inc), Sublease Agreement (Tumbleweed Inc)