Common use of The Prime Lease Clause in Contracts

The Prime Lease. (a) This Sublease shall be subject (except as hereinafter expressly provided) to all of the terms, covenants, conditions, and provisions of the Included Provisions (hereinafter defined in Section 5(e) of this Sublease), and to all mortgages and ground leases to which the Prime Lease is subordinate, as set forth in Article 7 of the Prime Lease. This provision is self-operative but Subtenant shall, at Sublessor’s request, promptly execute any instrument reasonably requested by Sublessor or Prime Landlord to evidence or confirm same. (b) Except as specifically provided herein, the terms, covenants and conditions of the Included Provisions that relate to periods during the Term hereof, are incorporated herein by reference, so that each and every term, covenant and condition of the Included Provisions binding or inuring to the benefit of Prime Landlord thereunder, and applicable to the public areas of the Building, or the Subleased Premises shall, in respect of this Sublease, bind or inure to the benefit of Sublessor, and each and every term, covenant and condition of the Included Provisions binding or inuring to the benefit of the tenant thereunder shall, in respect of this Sublease, bind or inure to the benefit of Subtenant, with the same force and effect as if such terms, covenants and conditions were completely set forth in this Sublease, and as if the words “Landlord” and “Tenant”, or words of similar import, wherever the same appear in the Included Provisions, were construed to mean, respectively, “Sublessor” and “Subtenant” in this Sublease, as if the word “Term” wherever the same appears in the Included Provisions, were construed to mean the “Term” of this Sublease, as if the words “Premises”, or words of similar import, wherever the same appear in the Included Provisions, were construed to mean “Subleased Premises” in this Sublease, as if the word “Lease” or words of similar import, wherever the same appear in the Included Provisions, were construed to mean this “Sublease” and as if the words

Appears in 2 contracts

Sources: Sublease (National Financial Partners Corp), Sublease (Kbw, Inc.)

The Prime Lease. (a) This Sublease shall be subject (except Sublessee acknowledges that it has reviewed and is familiar with all of the terms, covenants, and conditions of the Prime Lease, a copy of which is attached hereto as hereinafter Exhibit B and made a part hereof. Except as otherwise expressly provided) provided in, or otherwise inconsistent with this Sublease, or to the extent not applicable to the Subleased Premises, all of the terms, covenants, conditions, and provisions of the Included Provisions (hereinafter defined in Section 5(e) of this Sublease)stipulations, rights, obligations, remedies, and to all mortgages and ground leases to which agreements of the Prime Lease is subordinateare incorporated herein and made a part hereof as if set forth herein at length. Sublessee assumes and agrees, except as otherwise provided herein, to perform, observe, and comply with all of the terms, covenants, and conditions to be performed, observed, and complied with by the tenant under the Prime Lease and on the part of Sublessor to be performed, observed and complied with under the Lease, as set forth in Article 7 the same may or shall relate to the occupancy of the Subleased Premises, and except as modified by this Sublease. Sublessee hereby makes all waivers and grants all rights, for the benefit of Sublessor and Lessor, made or granted by Sublessor as tenant under the Prime Lease. This provision is self-operative but Subtenant shallNotwithstanding anything herein to the contrary, at Sublessor’s requestand without limitation to the generality of the foregoing provisions, promptly execute any instrument reasonably requested by the parties hereto specifically acknowledge and agree that the provisions of Rider No. 1 to Office Lease, except for Sections 4, 6, 12, 14, 15 and 16, and except with respect to the rights of Sublessor or Prime Landlord under Section 8 of said Rider as described in Section 3 hereof, are personal to evidence or confirm sameSublessor and inconsistent with this Sublease, and that the provisions of the First Amendment to Office Lease related to storage space, are personal to Sublessor and inconsistent with this Sublease. (b) Except as specifically provided herein, This Sublease is expressly made subject to all of the terms, covenants covenants, and conditions of the Included Provisions that relate Prime Lease, except as otherwise expressly provided herein. Subject to periods during the Term hereofConsent to Sublease annexed hereto as Exhibit C, are incorporated herein by reference, so that each and every term, covenant and condition this Sublease shall terminate upon the expiration or termination of the Included Provisions binding or inuring Prime Lease, whereupon all covenants and agreements made by Sublessor herein shall cease without prejudice to the benefit right of Prime Landlord thereunder, and applicable Sublessor to recover all Rental accrued to the public areas latter of termination or recovery of the BuildingSubleased Premises. (c) Except as otherwise specified in this Sublease, the time limits set forth in the Prime Lease for the giving of notices, making demands, performance of any act, condition or covenant, or the Subleased Premises shallexercise of any right, in respect remedy or option, are changed for the purpose of this Sublease, bind by lengthening or inure shortening the same in each instance, as appropriate, so that notices may be given, demand made, or any act, condition or covenant performed or any right, remedy, or option hereunder exercised, by Sublessor or Sublessee, as the case may be, (and each party covenants that it will do so) within three (3) days prior to the benefit of Sublessor, and each and every term, covenant and condition expiration of the Included Provisions binding or inuring to time limit, taking into account the benefit of the tenant thereunder shallmaximum grace period, in respect of this Subleaseif any, bind or inure to the benefit of Subtenant, with the same force and effect as if such terms, covenants and conditions were completely set forth in this Sublease, and as if the words “Landlord” and “Tenant”, or words of similar import, wherever the same appear relating thereto contained in the Included Provisions, were construed to mean, respectively, “Sublessor” and “Subtenant” in this Sublease, as if the word “Term” wherever the same appears in the Included Provisions, were construed to mean the “Term” of this Sublease, as if the words “Premises”, or words of similar import, wherever the same appear in the Included Provisions, were construed to mean “Subleased Premises” in this Sublease, as if the word “Prime Lease” or words of similar import, wherever the same appear in the Included Provisions, were construed to mean this “Sublease” and as if the words.

Appears in 1 contract

Sources: Sublease Agreement (Versata Inc)