Existing Subleases definition
Examples of Existing Subleases in a sentence
Any material modifications, amendments and restatements of the Existing Subleases or any Tenant Lease hereafter entered into (but excluding renewals and extensions that do not otherwise materially modify or amend the relevant Existing Sublease or Tenant Lease) must be approved by Lessor in accordance with this Article XXIII.
Notwithstanding anything contained herein to the contrary, Lessor and Lessee acknowledge that there currently exists certain leases or subleases on the Leased Property as described on EXHIBIT C attached hereto (collectively the "Existing Subleases").
No Sublease other than the Existing Subleases shall contain any restrictions on inspection other than as set forth herein.
The foregoing limitation shall not however, preclude or otherwise prohibit subtenants having Existing Subleases from exercising under the terms of their Existing Subleases any expansion rights or renewal options in effect as of the Lease Commencement Date.
Any modifications, amendments and restatements of the Existing Subleases must be approved by Lessor in accordance with this Article XXIII.