Common use of Options Personal Clause in Contracts

Options Personal. Each option granted to Lessee in this Lease is personal to the original Lessee and may be exercised only by the original Lessee, while occupying the Premises and without the intent of thereafter assigning this Lease or subletting the Premises or any portion thereof, and may be exercised or be assigned voluntarily or involuntarily, by or to any person or entity other than Lessee. The options, if any, granted to Lessee in or in connection with this Lease are not assignable separate and apart from this Lease, nor may any option be separated from this Lease in any manner, either by reservation or otherwise.

Options Personal. Each option Option granted to Lessee in this Lease is personal to the original Lessee and may be exercised only by the original Lessee, Lessee while occupying the Premises and who does so without the intent of thereafter assigning this Lease or subletting the Premises or any portion thereof, and may not be exercised or be assigned assigned, voluntarily or involuntarily, by or to any person or entity other than Lessee. The optionsOptions, if any, herein granted to Lessee in or in connection with this Lease are not assignable separate and apart from this Lease, nor may any option Option be separated from this Lease in any manner, either by reservation or otherwise.

Options Personal. Each option Option granted to Lessee in this Lease is personal to the original Lessee and may be exercised only by the original Lessee, Lessee while occupying the Premises and who does so without the intent of thereafter assigning this Lease or subletting the Premises or any portion thereof, and may not be exercised or be assigned assigned, voluntarily or involuntarily, by or to any person or entity other than Lessee, except to an assignee which is a majority- owned Affiliate or a New Owner. The optionsOptions, if any, herein granted to Lessee in or in connection with this Lease are not assignable separate and apart from this Lease, nor may any option Option be separated from this Lease in any manner, either by reservation or otherwise.

Options Personal. Each option Option granted to Lessee in this Lease is personal to the original Lessee and may be exercised only by the original Lessee, while occupying the Premises and Lessee who does so without the intent of thereafter assigning this Lease or subletting the Premises or any portion thereof, and may not be exercised or be assigned assigned, voluntarily or involuntarily, by or to any person or entity other than Lessee; provided, however, that an Option may be exercised by or assigned to any Lessee Affiliate as defined in paragraph 12.2 of this Lease. The optionsOptions, if any, herein granted to Lessee in or in connection with this Lease are not assignable separate and apart from this Lease, nor may any option Option be separated from this Lease in any manner, either by reservation or otherwise.