Fillable Standard Sublease Agreement (Page 3 of 5) in pdf

8.2 Master Lessor, by executing this document. agrees that until a default shall occur in the performance of

Sublessor's Obligations under the Master Lease, that Sublessor may receive, collect and enjoy the rents

accruing under this Sublease. However, if Sublessor shall default In the performance of its obligations to Master

Lessor then Master Lessor may, at its option, receive and collect, directly from Sublessee, all rent owing and to

be owed under this Sublease. Master Lessor shall not, by reason of this assignment of the Sublease nor by

reason of the collection of the rents from the Sublessee, be deemed liable to Sublessee for any failure of the

Sublessor to perform and comply with Sublessor's Remaining Obligations.

8.3 Sublessor hereby irrevocably authorizes and directs Sublessee, upon receipt of any written notice from

the Master Lessor stating that a default exists in the performance of Sublessor's obligations under the Master

Lease, to pay to Master Lessor the rents due and to become due under the Sublease. Sublessor agrees that

Sublessee shall have the right to rely upon any such statement and request from Master Lessor, and that

Sublessee shall pay such rents to Master Lessor without any obligation or right to inquire as to whether such

default exists and notwithstanding any notice from or claim from Sublessor to the contrary and Sublessor shall

have no right or claim against Sublessee for any such rents so paid by Sublessee.

8.4 No changes or modifications shall be made to this Sublease without the consent of Master Lessor.

9. Consent of Master Lessor.

9.1 In the event that the Master Lease requires that Sublessor obtain the consent of Master Lessor to any

subletting by Sublessor then, this Sublease shall not be effective unless, within 10 days of the date hereof,

Master Lessor signs this Sublease thereby giving its consent to this Subletting.

9.2 In the event that the obligations of the Sublessor under the Master Lease have been guaranteed by third

parties then this Sublease, nor the Master Lessor’ s consent, shall not be effective unless, within 10 days of the

date hereof, said guarantors sign this Sublease thereby giving guarantors consent to this Sublease and the

terms thereof.

9.3 In the event that Master Lessor does give such consent then:

(a) Such consent will not release Sublessor of its obligations or alter the primary liability of Sublessor to

pay the rent and perform and comply with all of the obligations of Sublessor to be performed under the Master

Lease.

(b) The acceptance of rent by Master Lessor from Sublessee or any one else liable under the Master

Lease shall not be deemed a waiver by Master Lessor of any provisions of the Master Lease.

assignment.

(d) In the event of any default of Sublessor under the Master Lease, Master Lessor may proceed directly

against Sublessor, any guarantors or any one else liable under the Master Lease or this Sublease without first

exhausting Master Lessor's remedies against any other person of, entity liable thereon to Master Lessor.

(e) Master Lessor may consent to subsequent sublettings and assignments of the Master Lease or this

Sublease or any amendments or modifications thereto without notifying Sublessor nor any one else liable under

the Master Lease and without obtaining their consent and such action shall not relieve such persons from

liability.

(f) In the event that Sublessor shall default in its obligations under the Master Lease, then Master

Lessor, at its option and without being obligated to do so, may require Sublessee to attorn to Master Lessor in

which event Master Lessor shall undertake the obligations of Sublessor under this Sublease from the time of

the exercise of said option to termination of this Sublease but Master Lessor shall not be liable for any prepaid

rents nor any security deposit paid by Sublessee. nor shall Master Lessor be liable for any other defaults of the

Sublessor under the Sublease.

9.4 The signatures of the Master Lessor and any Guarantors of Sublessor at the end of this document shall

constitute their consent to the terms of this Sublease.

9.5 Master Lessor acknowledges that, to the best of Master Lessor's knowledge, no default presently exists

under the Master Lease of obligations to be performed by Sublessor and that the Master Lease is in full force

and effect.

9.6 In the event that Sublessor defaults under its obligations to be performed under the Master Lease by

Sublessor, Master Lessor agrees to deliver to Sublessee a copy of any such notice of default. Sublessee shall

have the right to cure any default of Sublessor described in any notice of default within ten days after service of

Standard Sublease Agreement Page 3

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