Examples of Sublease in a sentence
During the term of this Project Agreement, the Company shall maintain insurance with respect to the Project Facility as required pursuant to Sublease Agreement and particularly as set forth in Sections 6.3, 6.4 and 5.5 of the Sublease Agreement.
The parties hereto have executed or will execute the Company Lease Agreement, Sublease Agreement and PILOT Agreement.
Upon the end of the Lease Term, the Parties’ respective interests under this Sublease will automatically end and be released, and title to the Site and Work will automatically and fully vest in the Owner.
In the event that the Tenant Operator does not cure such breach within thirty (30) days, the City may, at its option and in its sole discretion, terminate this Sublease without any further notice, or may rectify such breach at the cost of the Tenant Operator, and the Tenant Operator shall forthwith, on demand, reimburse the City for the cost of rectification together with an administration fee of fifteen per cent (15%) of the cost of rectification.
If the Date for Completion for each phase is extended by change orders that grant time extensions for delay pursuant to the Contract, then the Sublease Term shall be extended by one month for each full month of total time extensions, and Owner shall increase the number, and lower the equal dollar amounts, of the remaining Sublease Payments for that phase based on the months added to the Sublease Term.