Common use of Termination of Master Lease Clause in Contracts

Termination of Master Lease. If the Sublet Space is damaged or destroyed and Landlord or Sublessor exercises any option either may have to terminate the Master Lease, if any, this Sublease shall terminate as of the date of the termination of the Master Lease.

Appears in 3 contracts

Samples: Sublease Agreement (Starent Networks, Corp.), Sublease Agreement (Seven Networks Inc), Sublease Agreement (Nvidia Corp/Ca)

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Termination of Master Lease. If the Sublet Space is damaged or destroyed and Landlord or Sublessor exercises any option either it may have to terminate the Master Lease, if any, this Sublease shall terminate as of the date of the termination of the Master Lease. If Sublessor has the option to terminate the Master Lease and the relevant event of damage or destruction occurs after the Phase II Commencement Date, Sublessor shall promptly give Sublessee notice of such option and shall exercise such option if so directed by Sublessee subject to the relevant provisions of the Master Lease.

Appears in 1 contract

Samples: Sublease Agreement (Yahoo Inc)

Termination of Master Lease. If the Sublet Space is Sublease Premises are damaged or destroyed and Landlord or Sublessor Sublandlord exercises any option either may have to terminate the Master LeaseLease as to the Sublease Premises, if any, this Sublease shall terminate as of the date of the termination of the Master Lease.

Appears in 1 contract

Samples: Sublease (Hollis Eden Pharmaceuticals Inc /De/)

Termination of Master Lease. If the Sublet Space is damaged or destroyed and Landlord or Sublessor exercises any option either may have to terminate the Master Lease, if any, this Sublease shall automatically terminate as of the date of the termination of the Master Lease, unless Landlord and Sublessee have theretofore entered into a recognition and attornment agreement whereby Landlord has agreed to accept this Sublease as a direct lease between Landlord and Sublessee. Sublessee shall have no independent right to terminate this Sublease upon damage or destruction.

Appears in 1 contract

Samples: Sublease Agreement (Connetics Corp)

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Termination of Master Lease. If the Sublet Space is damaged --------------------------- or destroyed and Landlord or Sublessor exercises any option either may have to terminate the Master Lease, if any, this Sublease shall terminate as of the date of the termination of the Master Lease.

Appears in 1 contract

Samples: Sublease Agreement (Actuate Software Corp)

Termination of Master Lease. If the Sublet Space is Premises are damaged or destroyed and Landlord or Sublessor exercises any option either may have to terminate the Master Lease, if any, this Sublease shall terminate as of the date of the termination of the Master Lease.

Appears in 1 contract

Samples: Sublease Agreement (Larscom Inc)

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