Unit 4 Sample Clauses
Unit 4. Landlord shall have no obligation to construct any Leasehold Improvements in Unit 4 in connection with Tenant’s continued occupancy thereof and Tenant’s continued occupancy of Unit 4 shall be conclusive evidence against Tenant that Unit 4 is in good order and satisfactory condition. Any leasehold improvement work which Tenant intends to complete within Unit 4 prior to the Unit 4 Commencement Date shall be governed by the applicable provisions of the Head Lease and shall be subject to Tenant’s receipt of prior written approval from each of the Subtenant and Head Tenant. Any leasehold improvement work which Tenant intends to complete within Unit 4 during the Unit 4 Term shall be governed by the applicable provisions of this Lease.
Unit 4. (a) It is hereby acknowledged by the parties hereto that Tenant, through its wholly-owned subsidiary, Wescom Solutions Inc., is currently the occupant of Unit 4 pursuant to the provisions of a sub-sublease agreement (“Sub-sublease”) with Accredited Processing Services Inc. (“Subtenant”) for a term which expires February 26, 2010, two (2) days prior to the Unit 4 Commencement Date (such two (2) day period being hereinafter referred to as the “Reversionary Period”), to which Landlord granted its consent pursuant to a consent agreement between Landlord, Tenant, Subtenant, Accredited Home Lenders Holding Co., Inc. (“Indemnifier”) and Yellow Pages Inc., successor to Verizon Information Services (Canada) Inc. (“Head Tenant”) and dated April 25, 2008 (“Sub-sublease Consent”).
(b) It is hereby acknowledged by the parties hereto that Subtenant is currently the sub-landlord of Unit 4 pursuant to the provisions of a sublease agreement (“Sublease”) with Head Tenant for a term which expires February 27, 2010, to which Landlord granted its consent pursuant to a consent agreement between Landlord, Sub Tenant, Indemnifier and Head Tenant and dated November 25, 2005 (“Sublease Consent”).
(c) During the Reversionary Period, when the Sub-sublease has expired but Head Tenant continues to be the head tenant of Unit 4 pursuant to the provisions of its lease for Unit 4 with Landlord dated September 9, 2002 (“Head Lease”), Tenant will be required to obtain the written consent of Subtenant and Head Tenant to allow Tenant to continue to remain in occupancy and possession of Unit 4. Landlord hereby consents to such continued occupancy and possession of Unit 4 by Tenant during the Reversionary Period. For greater certainty, during the Reversionary Period, all of the terms of the Head Lease shall continue to govern with respect to Unit 4.
(d) In the event that Landlord terminates either the Sublease or Head Lease as a result of the default by Subtenant or Head Tenant, as the case may be, or in the event that the Sublease or Head Lease is otherwise disclaimed or repudiated as a result of the bankruptcy or insolvency of Subtenant or Head Tenant, as the case may be, notwithstanding anything contained in the Sublease, Head Lease, Sublease Consent or the Sub-sublease Consent to the contrary, Tenant shall be entitled to remain in possession of ▇▇▇▇ ▇ and the Unit 4 Commencement Date of the Lease shall be advanced to be the date of termination, disclaimer or repudiation of the Sublease or He...
Unit 4. ▇▇▇▇ ▇ means that land, which so far as presently determined, is described in attached Exhibit A and all of the equipment, facilities and structures making up and housing the 330,000 KW generating unit to be located thereon, together with all related facilities at the Edgewater Generating Station to be constructed and used exclusively for said unit and excludes the Existing Common Facilities and the Unit 4 Common Facilities described in Sections 1.02 and 1.03 below.