Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 8 contracts
Sources: Lease Agreement (Rambus Inc), Net Lease Agreement (Bloom Energy Corp), Net Lease Agreement (Calix, Inc)
Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s 's interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 7 contracts
Sources: Net Lease Agreement (Silicon Storage Technology Inc), Net Lease Agreement (Laserscope), Net Lease Agreement (Cruel World Inc)
Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s 's interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 2 contracts
Sources: Office Lease (Abovenet Communications Inc), Office Lease (Abovenet Communications Inc)
Hypothecation. Tenant shall not hypothecate, mortgage or encumber ------------- Tenant’s 's interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 1 contract
Sources: Net Lease Agreement (Navisite Inc)
Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage. The foregoing shall not prevent the leasing or financing of equipment or moveable fixtures at the Premises by Tenant.
Appears in 1 contract
Sources: Net Lease Agreement (Proteinsimple)
Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s 's interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 1 contract
Hypothecation. Tenant shall not hypothecate, mortgage or ------------- encumber Tenant’s 's interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Appears in 1 contract