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. |
An underlease allows the undertenant to occupy for a shorter period of time. |
The underlease contained various covenants by Mr Walker and Mr Mittee not to deal in any way with the reversion to the lease. |
As a matter of form, identical rent review provisions are contained in the underlease as in the lease. |
No one on either side considered that the grant of the underlease would in any way impact on the exercise of the break clause. |
By the underlease, the corporation covenanted to repair the interior of the demised premises. |