Sublessee's Property definition

Sublessee's Property has the meaning set forth in Section 11(c) of this Sublease.
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Sublessee's Property means all property owned by Sublessee other than its interest in this Sublease and the FF&E, including, but not limited to, all of Sublessee's inventory, accounts, trade fixtures, equipment, furniture, other personal property, goodwill and any other intangible personal property associated with Sublessee's business. In computing the amount payable to Sublessor, Sublessee may deduct from the rent and consideration all reasonable and customary expenses directly incurred by Sublessee attributable to the assignment or sublease, including, but not limited to, brokerage fees, legal fees and any tenant improvements made for the benefit of any subtenant. "Sublet" and "sublease" shall include a sublease as to which Sublessee is sublessor and any sub-sublease or other sub-subtenancy, irrespective of the number of tenancies and tenancy levels between the ultimate occupant and Sublessor, as to which Sublessee receives any consideration, as defined in this subsection. Any rent or other consideration which is to be passed through to Sublessor by Sublessee pursuant to this subsection shall be paid to Sublessor within thirty (30) days after receipt by Sublessee and shall be paid in cash, irrespective of the form in which received by Sublessee from any sub-subtenant or assignee. In the event that any rent or other consideration received by Sublessee from a sub-subtenant or assignee is in a form other than cash, Sublessee shall pay to Sublessor in cash the fair value of such consideration. Redacted
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Sublessee's Property means Sublessee’s personal property (other than fixtures), including, without limitation, Sublessee's movable fixtures, movable partitions, telephone equipment, computer equipment, furniture, furnishings and decorations.
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Examples of Sublessee's Property in a sentence

  • As the person makes sense of this mental picture, he evaluates available options, and then decides what action to take (Smith, 2006).

  • Within ten (10) days after Sublessee's request, Master Lessor shall execute documents reasonably acceptable to both parties to evidence Master Lessor's waiver of any right, title, lien, or interest in Sublessee's Property.

  • Any of Sublessee's Property not so removed by Sublessee as required herein shall be deemed abandoned and may be stored, removed, and disposed of by Sublessor at Sublessee's expense, and Sublessee waives all claims against Sublessor for any damages resulting from Sublessor's retention and disposition of such property; provided, however, that Sublessee shall remain liable to Sublessor for all costs incurred in storing and disposing of such abandoned property of Sublessee.

  • Sublessor further agrees to reasonably cooperate with Sublessee in connection with any such lease or financing arrangement by executing and delivering any documentation reasonably required to be executed by Sublessor, and any real estate consent or waiver forms submitted by any vendors, equipment lessors, chattel mortgagees, or holders or owners of the Sublessee's Property setting forth, inter-alia that Sublessor waives, in favor of such party any superior lien, claim, interest or other right therein.

  • The Sublessee's Property shall not become the property of Sublessor or Landlord or a part of the realty no matter how affixed to the Premises and may be removed by Sublessee or any equipment lessors at any time and from time to time during the entire term of this Sublease.

  • Sublessor acknowledges that Sublessor has no lien, right, claim, interest or title in or to the Sublessee's Property.

  • Sublessor further agrees that Sublessee have the right, at its discretion, to mortgage, pledge, hypothecate or grant a security interest in the Sublessee's Property as security for its obligations under any equipment lease or other financing arrangement related to the conduct of Sublessee's business at the Premises.

  • For the purposes of this Section 11(b), the term "rent" shall mean all consideration paid or given, which are not for a part of Sublessee's Property (as defined in Section 19), directly or indirectly, for the use of the Premises or any portion thereof.

  • Sublessor waives any and all rights, title and interest Sublessor now has, or hereafter may have, whether statutory or otherwise, to Sublessee's inventory, equipment (except Approved Alterations), furnishings, trade fixtures, books and records, personal property, accounts, goodwill, intangible personal property associated with Sublessee's business, and Sublessee improvements paid for by Sublessee located at the Premises (singly and/or collectively, the "Sublessee's Property").

  • The term "Sublessee's Property" shall mean all property owned by Sublessee other than its interest in this Sublease and the Equipment, including, but not limited to, all of Sublessee's inventory, accounts, trade fixtures, equipment, furniture, other personal property, goodwill and any other intangible personal property associated with Sublessee's business.


More Definitions of Sublessee's Property

Sublessee's Property means the Sublessee's property on the Leased Premises which the Sublessee owns or leases and the Sublessee's fixtures, fittings, signs, equipment and goods, including all cups, crockery, cutlery and glassware.
Sample 1
Sublessee's Property has the meaning set forth in Section 19 of this Sublease.
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Sublessee's Property means Sublessee's, furniture, fixtures, equipment and other personal property located in or on the Premises (including, without limitation, Sublessee's Special Systems, and any and all furniture, fixtures, equipment and other personal property of any Collocation Licensee) that may or must be removed from the Building at the expiration or earlier termination of this Sublease pursuant to this Sublease, including, without limitation, pursuant to and in conformance with the conditions set forth in Exhibits "C-I" and "C-2".
Sample 1
Sublessee's Property has the meaning set forth in Section 19 of this Sublease. Sublessor means Xxxxxxx Pharmaceutical, Inc., a Delaware corporation. Sublessor's Address means 0000 Xxxxxxxx, Xxxxx 000, Xxxxxxx, XX 00000.
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Related to Sublessee's Property

  • Tenant’s Property means Tenant's movable fixtures and movable partitions, telephone and other equipment, furniture, furnishings, decorations and other items of personal property.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Lessees SIGNATURE: DATE: PRINT NAME: LESSOR’S SIGNATURE: DATE: PRINT NAME: LESSOR’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSOR of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public My commission expires: LESSEE’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSEE of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public

  • Sublessor means one who conveys real property by sublease."

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • the Landlord includes the person for the time being entitled to the reversion immediately expectant on the determination of the Term;

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Lessors means a lessor under a Superior Lease.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Tenant means any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Landlords means anyone owning an interest in the Property, whether freehold or leasehold, entitling them to possession of it upon the termination or expiry of the Tenancy and anyone who subsequently owns the Property.

  • Tenants means the tenants under the Leases.

  • the Building means any building of which the Property forms part.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Authority’s Premises means any premises occupied by or under the control of the Authority where the Services are to be supplied, as set out in the Specification.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.