Examples of Sub-Sublease Agreement in a sentence
On 23 December 2021 (after trading hours of the Stock Exchange), Xinji Yuzheng and Bangshe Gongyu Guangzhou entered into the Sub-Sublease Agreement pursuant to which Xinji Yuzheng agreed to sub-sublease the Properties to Bangshe Gongyu Guangzhou for a term of 10 years commencing from 11 January 2022 and expiring on 10 January 2032 (both days inclusive).
The Directors are of the view that the Sublease Agreement and the Sub-Sublease Agreement were entered into on normal commercial terms, in the ordinary and usual course of business of the Group and that the terms are fair and reasonable and in the interests of the Company and the its shareholders as a whole.
The Directors considered that the entering into of the Sublease Agreement and the Sub-Sublease Agreement will enable the Group to diversify its existing businesses and provide a stable source of revenue for the Group.
Additional information regarding the build-to-suit lease is included in Note 5, “Build-To-Suit Lease.” Sub-Sublease of Current SSF Facility On July 18, 2018, the Company, entered into a Sub-Sublease Agreement (the “Sub-Sublease”) with Assembly Biosciences, Inc.
The term of this Sub-Sublease Agreement shall commence on the 1st day of April, 2001 and shall terminate on the 31st day of July, 2001.
From the above Clause 3.5.6 of the NIT, it is clear that every consortium member would be jointly and severally responsible when a bid is submitted as a consortium.
Additional information regarding the build-to-suit lease is included in Note 6, “Build-To-Suit Lease.” Sub-Sublease of Current SSF Facility On July 18, 2018 , the Company, through its wholly owned subsidiary Prothena Biosciences Inc, entered into a Sub-Sublease Agreement (the “Sub-Sublease”) with Assembly Biosciences, Inc.
On 23 December 2021 (after trading hours of the Stock Exchange), Xxxxx Xxxxxxx and Xxxxxxx Xxxxxx Guangzhou entered into the Sub-Sublease Agreement pursuant to which Xxxxx Xxxxxxx agreed to sub-sublease the Properties to Xxxxxxx Xxxxxx Guangzhou for a term of 10 years commencing from 11 January 2022 and expiring on 10 January 2032 (both days inclusive).
Save for the change of the sublandlord/sub-sublandlord from Longmei Dongman to Xinji Yuzheng, the terms and conditions of the Sub-Sublease Agreement are substantially the same as that of the 2018 Agreement.
Monthly rental for the Car Park : RMB75,928.32 per month (subject to rental increment of 4% every other year), which shall be payable in advance by Bangshe Gongyu Guangzhou to Xinji Yuzheng on a monthly basis before the 10th day of each month during the term of the Sub-Sublease Agreement.