Common use of ASSUMPTION AND ATTORNMENT Clause in Contracts

ASSUMPTION AND ATTORNMENT. If Tenant shall assign this Lease as permitted herein, the assignee shall expressly assume all of the obligations of Tenant hereunder in a written instrument satisfactory to Landlord and furnished to Landlord: (i) in case of an assignment for which Landlord's consent is not required, not later than fifteen (15) days after the effective date of the assignment, and (ii) in all other cases on or before the effective date of the assignment. If Tenant shall sublease the Premises as permitted herein, Tenant shall, at Landlord's option, within fifteen (15) days following any request by Landlord, obtain and furnish to Landlord the written agreement of such subtenant to the effect that the subtenant will attorn to Landlord and will pay all subrent directly to Landlord.

Appears in 1 contract

Sources: Office Lease (Calico Commerce Inc/)

ASSUMPTION AND ATTORNMENT. If Tenant shall assign this Lease as permitted herein, the assignee shall expressly assume all of the obligations of Tenant hereunder in a written instrument satisfactory to Landlord and furnished to Landlord: (i) in case of an assignment for which Landlord's consent is not required, not later than fifteen (15) days after the effective date of the assignment, and (ii) in all other cases on or before the effective date of the assignment. If Tenant shall sublease the Premises as permitted herein, Tenant shall, at Landlord's option, within fifteen (15) days following any request by Landlord, obtain and furnish to Landlord the written agreement of such subtenant to the effect that the subtenant will attorn to Landlord and will pay all subrent directly to Landlord.written

Appears in 1 contract

Sources: Office Lease (Calico Commerce Inc/)