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.
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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 or subletting if each of the following conditions is satisfied:
(a) the proposed transferee, in Landlord’s reasonable opinion, has sufficient financial capacity and 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 (i) is lawful, (ii) is consistent with the permitted Use of the Premises under this Lease, (iii) is consistent with the general character of business carried on by tenants of similar office buildings, (iv) does not conflict with any exclusive rights or covenants not to compete in favor of any other tenant or proposed tenant of the Building, (v) will not increase the likelihood of damage or destruction to the Building, (vi) will not increase the rate of wear and tear to the Premises or Common Areas, (vii) will not cause an increase in insurance premiums for insurance policies applicable to the Building, and (viii) will not require new tenant improvements incompatible with then-existing Building systems and components;
(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) 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 city in which the Building is located, nor a party with whom Landlord is then negotiating for the lease of space in the Building;
(e) if the proposed transfer is a sublease, the rent which the proposed transferee will be required to pay will be equal to at least 100% of the then-current market rent for the portion of the Premises being sublet; and In the event the proposed transfer is a sublease and the rent collected by the Tenant is more than the contracted rate, the Tenant will split the excess amounts over the Lease obligation with the Landlord on a 50/50 basis.
(f) at the time of the proposed transfer no “Default” (as defined in Section 20.1) exists under this Lease.
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. To the extent Landlord’s consent is required, and if Landlord does not exercise any of its applicable options under Section 13.2, then Landlord will not unreasonably withhold, condition 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 Project (provided that Landlord has sufficient space available in the Project to meet that tenant or occupant’s needs) or to a party who is then engaged in negotiations with Landlord for a lease in the Project, 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 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. Without limiting the other instances in which it may be reasonable for Landlord to withhold its consent to an assignment or sublease, it shall be reasonable for Landlord to withhold its consent: (i) if the proposed transferee does not satisfy Landlord’s then-current credit standards for tenants of the Building or does not have the financial strength or stability to perform all obligations under this Lease to be performed by Tenant or (ii) if: (a) the proposed transferee is an existing tenant or occupant of the Building or is a person or entity with whom Landlord is then dealing or with whom Landlord has had any dealings within the previous six (6) months and (b) comparable vacant space then does exist in the Building. Landlord shall have the right to condition Landlord’s approval of any such sublease on the sublet Space being mechanically engineered for such subtenant’s use of such Space.
Consent Not to be Unreasonably Withheld. To the extent Landlord’s consent is required, and if Landlord does not exercise any of its applicable options under Section 13.2, then Landlord will not unreasonably withhold, condition or delay its consent to the proposed assignment or subletting. Landlord shall respond to Tenant’s request for consent within 30 days after receipt of such request, except that Landlord may withhold its consent in its sole and absolute discretion with respect to a proposed assignment or sublease to an existing tenant or other occupant in the Project or to a party who has been engaged in negotiations with Landlord for a lease in the Project within three months prior to Tenant’s request for Landlord’s approval of such assignment or sublease, if Landlord has space available in the Project to satisfy the requirements of such existing tenant or party with whom Landlord has been in negotiations at the time Tenant requests Landlord’s consent to the applicable sublease or assignment. If Landlord does not respond within such 30-day period, Tenant may deliver a notice requesting Landlord’s response, and if Landlord does not respond within two business days after such notice, then such assignment or sublease (as applicable) shall be deemed to be approved. If Landlord disapproves any proposed assignment or sublease, Landlord will provide the reason(s) for such disapproval.
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. Whenever any waiver, approval or consent shall be provided for from any party hereunder, it is agreed and understood that such waiver, consent or approval shall not be unreasonably withheld or delayed. [signature page follows]