Common use of Conditions for Consent Clause in Contracts

Conditions for Consent. (1) The Lessor may impose the following conditions for granting its consent to a rights transfer in connection with this Contract, in addition to the other conditions the Lessor is entitled to apply under this Contract, everything pursuant to resolutions passed by the Israel Lands Administration Board or according to any law. A. The Lessee shall have complied with all the conditions of this Lease Contract; B. The Lessee and the transferee shall sign and submit such documents as shall be required by the Lessor in connection with the transfer and shall comply with all the conditions imposed by this Contract in connection with the grant of consent, including an obligation on the part of the transferee to comply with all the conditions of this Lease Contract. (2) In the event of the Lessee having obtained any exemption or discount, whether partial or total, with regard to the payment of the Rent, or having paid a reduced Rent, and these or any of them having been made conditional on compliance with conditions imposed for this purpose, the Lessor's consent to the rights transfer shall be conditional on compliance with the conditions established for the grant of such exemption or discount or reduced payment, including compliance with all the implications thereof. (3) The Lessor's consent to a sublease or to a delivery of possession, if granted, shall not release or exempt the Lessee from any obligation imposed on the Lessee hereunder, and the Lessee and transferee shall be jointly and severally liable for compliance with all of the Lessee's obligations under this Contract. (4) The Lessor may demand details and statements on the following matters from the Lessee and the proposed transferee of the rights (hereinafter: the Transferee): A. The nature of the rights being transferred and the date on which the Lessee and the Transferee intend to carry out the contemplated transfer; B. The name, address, and identity number of the Transferee; 15 C. In the case of a corporate Transferee: (1) Name, address, corporate number as entered at the office of the Companies Registrar; the names of the shareholders, their holdings in the share capital, voting power and appointment power, and the names of the directors. (2) Details as stated in the foregoing paragraph (B) with regard to aver▇ shareholder and director of the corporation. (3) In the event of a corporate shareholder or director in the Transferee corporation, details on the corporation as stated hereinabove in this paragraph (C), and details on every one of the shareholders and directors of the corporation as stated in the foregoing paragraph (B). D. The amount payable by the Transferee to the Lessee for the rights. The Lessor may demand further information and documents in connection with the Transferee from the Lessee and the Transferee.

Appears in 1 contract

Sources: Lease Contract (Trans Resources Inc)

Conditions for Consent. (1) The Lessor If Landlord does not exercise any recapture right arising in favor of Landlord under Paragraph 10B. Tenant may impose then enter into the assignment or sublease, as the case may be, specified in the Tenant's Notice giving rise to such recapture right, in accordance, and only in accordance, with the following conditions provisions. If Tenant enters into such assignment or sublease it shall submit an executed copy of the sublease or assignment to Landlord for granting its consent to a rights transfer in connection with this Contract, in addition not less than thirty (30) days prior to the other conditions proposed effective date of assignment or the Lessor is entitled to apply under this Contract, everything pursuant to resolutions passed by the Israel Lands Administration Board or according to any law. A. The Lessee shall have complied with all the conditions of this Lease Contract; B. The Lessee and the transferee shall sign and submit such documents as shall be required by the Lessor in connection with the transfer and shall comply with all the conditions imposed by this Contract in connection with the grant of consent, including an obligation on the part proposed commencement date of the transferee to comply with all the conditions of this Lease Contract. (2) In the event term of the Lessee having obtained any exemption or discountsublease, whether partial or total, with regard to as the payment of the Rent, or having paid a reduced Rent, and these or any of them having been made conditional on compliance with conditions imposed for this purpose, the Lessor's consent to the rights transfer shall be conditional on compliance with the conditions established for the grant of such exemption or discount or reduced payment, including compliance with all the implications thereof. (3) The Lessor's consent to a sublease or to a delivery of possession, if granted, shall not release or exempt the Lessee from any obligation imposed on the Lessee hereunder, and the Lessee and transferee shall be jointly and severally liable for compliance with all of the Lessee's obligations under this Contract. (4) The Lessor case may demand details and statements on the following matters from the Lessee and the proposed transferee of the rights (hereinafter: the Transferee): A. The nature of the rights being transferred and the date on which the Lessee and the Transferee intend to carry out the contemplated transfer; B. The name, address, and identity number of the Transferee; 15 C. be. In the case of a corporate Transferee:sublease, the instrument shall expressly state that it is and shall remain at all times subject and subordinate to this Lease and all of the terms, covenants and agreements contained in this Lease. No such assignment or sublease instrument shall expressly or by implication impose upon Landlord any duties or obligations or alter the provisions of this Lease. Landlord agrees to give Tenant written notice within fifteen (15) days after receipt by Landlord of Tenant's proposed assignment or proposed sublease of Landlord's consent to or rejection of same. Landlord agrees that its consent to any such proposed assignment or proposed sublease shall not be unreasonably withheld; provided, however, that in addition to other circumstances under which Landlord's consent may be withheld, Tenant agrees that the withholding by Landlord of its consent to such proposed assignment or proposed sublease will not be deemed "unreasonable" if; (1) Namethe assignee or subtenant is non-creditworthy or disreputable, addressor is not of a character, corporate number as entered at or otherwise is not in keeping with, the office nature or class of the Companies Registrar; the names of the shareholders, their holdings tenants in the share capital, voting power and appointment power, and the names of the directors.Building, (2) Details as stated the assignee or subtenant is a government (or subdivision or agency thereof) or is then a tenant in the foregoing paragraph (B) with regard to aver▇ shareholder and director of the corporation.Building, (3) In the event of a corporate shareholder or director in the Transferee corporation, details on the corporation as stated hereinabove in this paragraph (C), and details on every one use of the shareholders Premises by the assignee or subtenant would, in Landlord's reasonable judgment, significantly increase the pedestrian traffic in and directors out of the corporation as Building or the vehicular traffic in and about, or the use of, the exterior paved parking area, or would require Landlord to perform any alterations to the Building to comply with applicable building code requirements, (4) there is then in existence any sublease of all or any part of the Premises, or (5) Tenant is then in breach or default under this Lease. Tenant may not submit to Landlord for consent any assignment or sublease on terms or conditions or with parties different from those stated in the foregoing paragraph Tenant's Notice for such assignment or sublease, nor may Tenant submit to Landlord for consent any assignment or sublease later than the date which is sixty (B). D. The amount payable by 60) days after the Transferee to the Lessee for the rights. The Lessor may demand further information and documents in connection with the Transferee from the Lessee and the Transferee.expiration of

Appears in 1 contract

Sources: Lease Agreement (Security Associates International Inc)

Conditions for Consent. (1) The Lessor If Landlord does not exercise any recapture right arising in favor of Landlord under Para▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇ then enter into the assignment or sublease, as the case may impose be, specified in the Tenant's Notice giving rise to such recapture right, in accordance, and only in accordance, with the following conditions provisions. If Tenant enters into such assignment or sublease it shall submit an executed copy of the sublease or assignment to Landlord for granting its consent to a rights transfer in connection with this Contract, in addition not less than thirty (30) days prior to the other conditions proposed effective date of assignment or the Lessor is entitled to apply under this Contract, everything pursuant to resolutions passed by the Israel Lands Administration Board or according to any law. A. The Lessee shall have complied with all the conditions of this Lease Contract; B. The Lessee and the transferee shall sign and submit such documents as shall be required by the Lessor in connection with the transfer and shall comply with all the conditions imposed by this Contract in connection with the grant of consent, including an obligation on the part proposed commencement date of the transferee to comply with all the conditions of this Lease Contract. (2) In the event term of the Lessee having obtained any exemption or discountsublease, whether partial or total, with regard to as the payment of the Rent, or having paid a reduced Rent, and these or any of them having been made conditional on compliance with conditions imposed for this purpose, the Lessor's consent to the rights transfer shall be conditional on compliance with the conditions established for the grant of such exemption or discount or reduced payment, including compliance with all the implications thereof. (3) The Lessor's consent to a sublease or to a delivery of possession, if granted, shall not release or exempt the Lessee from any obligation imposed on the Lessee hereunder, and the Lessee and transferee shall be jointly and severally liable for compliance with all of the Lessee's obligations under this Contract. (4) The Lessor case may demand details and statements on the following matters from the Lessee and the proposed transferee of the rights (hereinafter: the Transferee): A. The nature of the rights being transferred and the date on which the Lessee and the Transferee intend to carry out the contemplated transfer; B. The name, address, and identity number of the Transferee; 15 C. be. In the case of a corporate Transfereesublease, the instrument shall expressly state that it is and shall remain at all times subject and subordinate to this Lease and all of the terms, covenants and agreements contained in this Lease. No such assignment or sublease instrument shall expressly or by implication impose upon Landlord any duties or obligations or alter the provisions of this Lease. Landlord agrees to give Tenant written notice within fifteen (15) days after receipt by Landlord of Tenant's proposed assignment or proposed sublease of Landlord's consent to or rejection of same. Landlord agrees that its consent to any such proposed assignment or proposed sublease shall not be unreasonably withheld; provided, however, that in addition to other circumstances under which Landlord's consent may be withheld, Tenant agrees that the withholding by Landlord of its consent to such proposed assignment or proposed sublease will not be deemed "unreasonable" if: (1) Namethe assignee or subtenant is non-creditworthy or disreputable, addressor is not of a character, corporate number as entered at or otherwise is not in keeping with, the office nature or class of the Companies Registrar; the names of the shareholders, their holdings tenants in the share capital, voting power and appointment power, and the names of the directors.Building, (2) Details as stated the assignee or subtenant is a government (or subdivision or agency thereof) or is then a tenant in the foregoing paragraph (B) with regard to aver▇ shareholder and director of the corporation.Building, (3) In the event of a corporate shareholder or director in the Transferee corporation, details on the corporation as stated hereinabove in this paragraph (C), and details on every one use of the shareholders Premises by the assignee or subtenant would, in Landlord's reasonable judgment, significantly increase the pedestrian traffic in and directors out of the corporation as Building or the vehicular traffic in and about, or the use of, the exterior paved parking area, or would require Landlord to perform any alterations to the Building to comply with applicable building code requirements, (4) there is then in existence any sublease of all or any part of the Premises, or (5) Tenant is then in breach or default under this Lease. Tenant may not submit to Landlord for consent any assignment or sublease on terms or conditions or with parties different from those stated in the foregoing paragraph Tenant's Notice for such assignment or sublease, nor may Tenant submit to Landlord for consent any assignment or sublease later than the date which is sixty (B)60) days after the expiration of the period for exercise by Landlord of the recapture right arising by reason of such assignment or sublease, without the right to exercise its recapture right. Notwithstanding anything to and contrary contained in this Lease, Tenant's sole right and remedy in any dispute as to whether Landlord's consent to a proposed sublease or proposed assignment has been unreasonably withheld shall be action for declaratory judgment or specific performance and Tenant shall not be entitled to any damages if Landlord is adjudged to have unreasonably withheld such consent. D. The amount payable by the Transferee to the Lessee for the rights. The Lessor may demand further information and documents in connection with the Transferee from the Lessee and the Transferee.

Appears in 1 contract

Sources: Lease Agreement (Security Associates International Inc)

Conditions for Consent. (1) The Lessor may impose is permitted to make the following conditions for granting of its consent to a rights transfer Transfer of Rights in connection with this ContractContract contingent upon the conditions hereunder, this, in addition to the all other conditions upon which the Lessor is entitled may - pursuant to apply under this Contract, everything pursuant to resolutions passed by the decisions of the Israel Lands Administration Board Council or according pursuant to any law.law - make its consent contingent in this regard: A. (a) The Lessee shall have complied with fulfilled all the conditions of in this Lease Contract;. B. (b) The Lessee and the transferee shall sign documents and submit such furnish all documents as that shall be required requested by the Lessor in connection with the transfer and shall comply with all the conditions imposed by fulfill every condition prescribed pursuant to this Contract in connection with on the grant matter of consentconsenting, including an obligation on the part of undertaking by the transferee to comply with fulfill all the conditions of specified in this Lease Contract. (2) In the event of If the Lessee having obtained any received an exemption or discount, whether partial or totalfull, with regard to the from payment of the RentLease Payment, or having if the Lessee paid a reduced RentLease Payment, and these all or any of them having been made conditional on compliance with these were qualified by the fulfillment of conditions imposed prescribed for this purpose, the Lessor's consent to the rights transfer Transfer of Rights shall be conditional on compliance with contingent upon the fulfillment of the conditions established prescribed for the grant granting of such the said exemption or the discount or the reduced payment, including compliance with payment and upon the fulfillment of all the implications thereofthat derives therefrom. (3) The Lessor's consent to a sublease Sublease or to a delivery Handing over of possession, Occupancy - if granted, such consent shall be given - shall not release or exempt the Lessee and shall not exempt it from any obligation imposed on the Lessee hereunderwhatsoever that is applicable to it pursuant to this Contract, and the Lessee and transferee the recipient of the aforesaid rights shall be liable, jointly and severally liable severally, for compliance with the fulfillment of all obligations of the Lessee's obligations under Lessee pursuant to this Contract.. ISRAEL LANDS ADMINISTRATION (4) The Lessor may demand details and statements on the following matters is permitted to require from the Lessee and from the proposed transferee recipient of the rights (hereinafter: hereinafter - "the Transferee):Recipient") details and declarations about all these: A. The nature of the (a) What rights are being transferred and the on what date on which do the Lessee and the Transferee intend Recipient want to carry out execute the contemplated transfer;aforesaid Transfer of Rights. B. (b) The name, address and I.D. number of the Recipient. (c) If the Recipient is a corporation - (1) its name, address, and identity number of the Transferee; 15 C. In the case of a corporate Transferee: (1) Name, address, corporate number as entered at the office Registrar of the Companies Registrar; Companies, the names of the shareholders, their holdings in shareholders and the ratio of the share capital, capital and the voting power and the appointment powerrights that are held by each of them, and the names of the directors.; (2) Details details, as stated in the foregoing paragraph clause (Bb) with regard to aver▇ shareholder and director above about each of the shareholders and directors in the corporation.; (3) In the event of if a corporate shareholder or director in the Transferee corporation, Recipient's corporation is a corporation - details on the about this corporation as stated hereinabove in this paragraph clause (C)c) above, and details on every one about each of the shareholders and directors of the corporation in this corporation, as stated in the foregoing paragraph clause (B)b) above. D. The (d) the amount payable by that the Transferee Recipient shall pay to the Lessee for the rights. The Lessor may demand further is permitted to request additional information and documents in connection with regarding the Transferee Recipient from the Lessee and the TransfereeRecipient.

Appears in 1 contract

Sources: Lease Contract (Scope Metals Group Ltd.)