Subordination of Sublease. This Sublease is subject and subordinate to the Master Lease in all respects. If the Master Lease is terminated for any reason whatsoever, then this Sublease shall automatically terminate as if it expired by its terms (unless assumed by Master Landlord) and in such event neither Sublandlord nor Master Landlord shall have any liability whatsoever to Subtenant as a result of such termination, except that Sublandlord shall be liable to Subtenant for any such termination arising as a result of Sublandlord’s default under the Master Lease. Under no circumstance shall Sublandlord be obligated to, or be responsible or liable in any way for, Master Landlord’s failure to, (a) perform any acts required to be completed by Master Landlord under the Master Lease, (b) supply any item, including, but not limited to, any utility or service to the Subleased Premises required to be supplied by Master Landlord under the Master Lease, or (c) complete any work or maintenance in the Subleased Premises, the Building or the Master Premises required to be completed by Master Landlord under the Master Lease; and no such failure will in any way excuse Subtenant’s performance under this Sublease or entitle Subtenant to any abatement of Rent.
Subordination of Sublease. It is understood that Sublandlord is not the fee owner of the Premises, but has acquired its interest therein solely through the Underlying Lease. This Sublease is subject to the provisions of the Underlying Lease and subordinate thereto. In the event that the Underlying Lease shall be cancelled or terminated by Landlord, the Term of this Sublease shall automatically terminate as of the date of such cancellation or termination of the Underlying Lease by Landlord, and Sublandlord shall not be liable in any way or to any extent to Subtenant for such termination or cancellation or for any damages or losses incurred or claimed to be incurred by Subtenant as a result thereof.
Subordination of Sublease. This Sublease is subject to and subordinate in all respects to the Master Lease. Subtenant acknowledges that it has received a copy of the Master Lease.
Subordination of Sublease. This Sublease is and shall be at all times subject and subordinate to the Master Lease.
Subordination of Sublease. This Sublease is subject and subordinate to the Master Lease, and Subtenant shall have no greater rights in and to the Subleased Premises than Sublandlord has as tenant under the Master Lease.
Subordination of Sublease. This Sublease is and shall be subject and subordinate to any and all mortgages, deeds of trust or land leases now existing upon or that may be hereafter placed upon the Premises, and to all advances made or to be made thereon, and all renewals, modifications, consolidations, replacements or extensions thereof, and the lien of any such mortgages, deeds of trust and land leases shall be superior to all rights hereby or hereunder vested in Tenant, to the full extent of all sums secured thereby. This provision shall be self-operative, and no further instrument of subordination shall be necessary to effectuate such subordination; and the recording of any such mortgage, deed of trust or land lease shall have preference and precedence and be superior and prior in lien to this Sublease, irrespective of the date of recording. In confirmation of such subordination, Tenant shall within ten (10) days after request of Landlord, Prime Lessor, or the holder of any such mortgage, deed of trust, or land lease, execute and deliver to Landlord, Prime Lessor or such holder, as the case may be, any instrument acknowledging such subordination that Landlord, Prime Lessor or such holder may reasonably request. Tenant agrees to attorn to any person or entity who may acquire title to the Building by way of transfer or foreclosure provided that such transferee or purchaser agrees to recognize Tenant's rights under this Sublease so long as Tenant is not in default in any of its obligations hereunder. Tenant shall also, within twenty (20) days after Landlord's or Prime Lessor's request, execute an attornment agreement evidencing the obligations of Tenant herein to attorn to such mortgagee in the event of a future succession of the rights of Landlord herein to any mortgagee, deed of trust holder or land lessor of the Premises. In the event of any act or omission of Landlord constituting a default by Landlord, Tenant shall not exercise any remedy until Tenant has given Landlord, Prime Lessor and any mortgagee, deed of trust holder or land lessor of the Building a prior thirty (30) day written notice of such act or omission; provided, however, if such act or omission cannot, with due diligence and in good faith, be remedied within such thirty (30) day period, Landlord, Prime Lessor and any mortgagee, deed of trust holder or land lessor shall be allowed such further period of time as may be reasonably necessary provided that it commences remedying the same with due diligence and in good f...
Subordination of Sublease. This Sublease is subject and subordinate in all respects to the Main Lease, which Main Lease is incorporated herein by reference as if fully set forth herein. From and after the Commencement Date, SUBLESSEE agrees, to the extent applicable to the Premises, to assume and be bound by all of the covenants and agreements made by SUBLESSOR as lessee under the Main Lease and to perform all of the duties, obligations and responsibilities of SUBLESSOR as lessee under the Main Lease. In the event of any conflict or inconsistency between the terms, conditions or provisions of the Main Lease and this Sublease, the terms, conditions and provisions of the Main Lease shall prevail.
Subordination of Sublease. 33.1 SUBLEASE is subordinate to the terms and conditions contained in MISS. CODE XXX. § 59-1-17 (1972) as amended.
Subordination of Sublease. The Sublease shall at all times be subject and subordinate to the Master Lease and any and all terms, covenants and conditions of the Master Lease.
Subordination of Sublease. This Sublease is and shall always be subject and subordinate to the Prime Lease and to any financing with respect to the Property, whether now or hereafter existing, including any amendments and extensions thereof. Default. Subtenant’s failure to pay Rent and/or utility payments (if any) as and when due (“Payment Default”), subject to a 5-day cure period, constitutes a default hereunder. Sublessor is not required to provide Subtenant with any notice of default in regard to a Payment Default. In addition, breach or default under and any other term or requirement of this Sublease, upon notice by Sublessor to Subtenant and expiration of a 30-day cure period, shall also constitute a default hereunder. Upon a default by Subtenant hereunder, Sublessor shall have all rights and remedies available to it, including terminating this Sublease, seeking eviction or summary eviction, and pursuing money damages. Subtenant shall be liable for, and shall reimburse Sublessor from and against any legal fees incurred in the enforcement of this Sublease as against Subtenant.
