Examples of Head Lease in a sentence
The terms of a sublease agreement of the Building by the Master Tenant Partnership to any person will be deemed unreasonable unless the duration of the sublease is shorter than the duration of the Head Lease.
If the Head Lease or the Sublease is terminated for any reason, then the Landholder must provide to the Trustee a copy of any such notice received in connection with the termination as soon as reasonably practicable (and in any event, not later than three Business Days) after it is received by the Landholder.
For purposes of this Assignment, the defined term "Operative Document" shall have the meaning ascribed thereto in the Refunding Agreement and shall be deemed to include the Amended and Restated Head Lease TIA.
This obligation is included so as to link the two documents – i.e. Agreement and Head Lease so as to allow breach of this provision by the Authority to be treated as a Compensation Event.
The obligations set out in the Head Lease will bind the Tenant provided the Tenant has been given notice of them.