| By the underlease, the corporation covenanted to repair the interior of the demised premises. |
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| The underlease contained various covenants by Mr Walker and Mr Mittee not to deal in any way with the reversion to the lease. |
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| No one on either side considered that the grant of the underlease would in any way impact on the exercise of the break clause. |
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| As a matter of form, identical rent review provisions are contained in the underlease as in the lease. |
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| An underlease allows the undertenant to occupy for a shorter period of time. |
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| The subtenant may also grant a further lease of the same premises to an undertenant, as long as the underlease is for a shorter period than the sublease. |
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| Cllr Anderson said the extended underlease will make running the theatre more attractive. |
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| Sub-letting occurs when the tenant grants an underlease out of the tenant's own lease with the landlord. |
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| The tenure will be available on a new underlease at pounds 16 per sq ft for a period to be agreed. |
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| Meanwhile Mars has granted an underlease of the Newforge site to Morrisons. |
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| The council's cabinet agreed to take out a 25-year underlease from the leisure centre's operators, gaming giants Genting Stanley. |
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