Consent Not to be Unreasonably Withheld Sample Clauses
The 'Consent Not to be Unreasonably Withheld' clause requires that when one party's approval or consent is needed under an agreement, such consent cannot be refused arbitrarily or without valid reason. In practice, this means that if a party requests permission for an action—such as assigning a contract or making alterations—the other party must consider the request fairly and provide consent unless there is a legitimate, objective basis for denial. This clause ensures that contractual rights are not unduly restricted and prevents one party from exercising veto power in a capricious or obstructive manner.
POPULAR SAMPLE Copied 378 times
Consent Not to be Unreasonably Withheld. When consent to an action is requested of a party to this Agreement, such consent shall not be arbitrarily or unreasonably withheld.
Consent Not to be Unreasonably Withheld. If Landlord does not exercise its applicable option under Section 13.2, then Landlord will not unreasonably withhold or delay ITS consent to the proposed assignment o subletting if each of the following conditions is satisfied:
(a) the proposed transferee, in Landlord's opinion, has sufficient financial capacity an business experience to perform Tenant's obligations under this Lease;
(b) the proposed transferee will make use of the Premises which in Landlord's reasonable opinion (1) is lawful; (2) is consistent with the Permitted Use of the Premises under this Lease; (3) i consistent with the general character of uses conducted by the other occupants of the Gunbarrel Technical Center; (4) will not increase the likelihood of damage or destruction to the Building; (5) will not increase the rate of wear and tear to the Building; and (6) will not cause an increase in insurance premiums for insurance policies applicable to the Building;
(c) the proposed transferee does not have a poor reputation in the general business community (such as a reputation for engaging in illegal or unethical business practices);
(d) if the proposed transfer is a sublease, the rent which the proposed transferee will be required to pay will be equal to at least 90% of the then-current market rent for the portion of the premises being sublet;
(e) the proposed transferee, at the time of the proposed transfer, is neither a tenant in any building owned or managed by Landlord or any Affiliate of Landlord in the same county in which the Building is located, nor a party with whom Landlord is then negotiating for the lease of space in the Gunbarrel Technical Center;
(f) at the time of the proposed transfer no "Default" (as defined in Section 19.1) exists under this Lease beyond any applicable notice and cure period; and
Consent Not to be Unreasonably Withheld. Whenever either Party requests any consent, permission, or approval which may be required or desired by that Party pursuant to the provisions of this Agreement, the other Party shall not unreasonably withhold or postpone the grant of such consent, permission, or approval.
Consent Not to be Unreasonably Withheld. If Landlord does not exercise any of its applicable options under Section 13.2, then Landlord will not unreasonably withhold or delay its consent to the proposed assignment or subletting, except with respect to a proposed assignment or sublease to an existing tenant or other occupant in the Building or to a party who has been engaged in negotiations with Landlord for a lease in the Building within six (6) months prior to Tenant's request for Landlord's approval of such assignment or sublease, for which Landlord may withhold its consent in its sole and absolute discretion.
Consent Not to be Unreasonably Withheld. Except as otherwise may be provided in this Lease, in the event any provision of this Lease requires the consent of the other party prior to undertaking an action, such consent by the other party shall not be unreasonably withheld.
Consent Not to be Unreasonably Withheld. Except to the extent, if any, specifically provided otherwise herein, the Lessor Parties shall not unreasonably withhold their consent, permission, or approval for any act which may be required or desired by the Lessee under the provisions of this Lease. Such consent, permission, or approval shall be deemed to have been granted if, within forty-five (45) days after any Lessor Party receives the request, fails to notify the Lessee of its express disapproval and the reasons therefor.
Consent Not to be Unreasonably Withheld. A. Whenever consent is required herein by either AVIATION or AIRLINE, such consent shall not be unreasonably withheld.
Consent Not to be Unreasonably Withheld. Whenever consent or approval is required hereunder by either Authority or Airline, such consent or approval is not to be unreasonably withheld or to be delayed for any unreasonable period of time.
Consent Not to be Unreasonably Withheld. Except as otherwise specifically provided in this Lease, the Landlord and the Tenant, and each Person acting for them, in granting a consent or approval or making a determination, designation, calculation, estimate, conversion or allocation under this Lease, will act reasonably and in good faith and each Expert or other professional Person employed or retained by the Landlord will act in accordance with the applicable principles and standards of such Person's profession; however, the foregoing shall not apply in respect of any actions taken by or on behalf of the Landlord under Article 15. The Tenant's sole remedy against the Landlord in respect of any breach or alleged breach of this Section shall be an action for specific performance and, without limitation, the Landlord shall not be liable for damages and the Tenant shall not be entitled to any other rights or remedies.
Consent Not to be Unreasonably Withheld. If Landlord does not exercise any of its applicable options under Section 13.2, then Landlord will not unreasonably withhold or delay its consent to the proposed assignment or subletting. Landlord's approval or disapproval shall be given to Tenant within fifteen (15) business days after receipt of Tenant's request for consent, failing which Landlord's consent shall be deemed given. If Landlord disapproves a transfer, Landlord shall advise Tenant with reasonable specificity of the reasonable grounds upon which Landlord is withholding its consent.