Complex sentence: The Tony Award for Best Lead Actress in a Play is an honor presented at the Tony Awards, a ceremony established in 1947 as the Antoinette Perry Awards for Excellence in Theatre, to actresses for quality leading roles in a Broadway play.
Split into simpler sentences: The Tony Award for Best Lead Actress in a Play is an honor presented at the Tony Awards, a ceremony established in 1947 as the Antoinette Perry Awards for Excellence in Theatre. The award is given to actresses for quality leading roles in a Broadway play.