Common use of Options Personal Clause in Contracts

Options Personal. Any right or option to extend the Term of this Lease or renew this Lease is personal to the original Tenant and may be exercised only by the original Tenant while occupying the Premises who does so without the intent of thereafter making any Assignment of this Lease or Subletting of the Premises, or any portion thereof, and may not be exercised by or assigned, voluntarily or involuntarily, by or to any person or entity other than Tenant provided, however, that an option may be exercised by or assigned to an Affiliate. The options, if any, herein granted to Tenant 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.

Appears in 2 contracts

Sources: Ground Lease, Ground Lease

Options Personal. Any right or option to extend the Term of this Lease or renew this Lease is personal to the original named Tenant and may be exercised only by the original named Tenant while occupying the Premises who does so without the intent of thereafter then making any an Assignment of this Lease or Subletting of the Premises, all or any portion thereof, and of the Premises. No right or option to extend the Term or renew this Lease may not be exercised by or assigned, voluntarily or involuntarily, by or to any person or entity other than Tenant provided, however, that an option may be exercised by or assigned to an Affiliatethe original named Tenant. The options, if any, herein granted to Tenant are not assignable separate and apart from this Lease, nor and no option may any option be separated from this Lease in any manner, either by reservation or otherwise.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Options Personal. DRAFT Any right or option to extend the Term of this Lease or renew this Lease is personal to the original Tenant named ▇▇▇▇▇▇ and may be exercised only by the original named Tenant while occupying the Premises who does so without the intent of thereafter then making any an Assignment of this Lease or Subletting of the Premises, all or any portion thereof, and of the Premises. No right or option to extend the Term or renew this Lease may not be exercised by or assigned, voluntarily or involuntarily, by or to any person or entity other than Tenant provided, however, that an option may be exercised by or assigned to an Affiliatethe original named Tenant. The options, if any, herein granted to Tenant are not assignable separate and apart from this Lease, nor and no option may any option be separated from this Lease in any manner, either by reservation or otherwise.

Appears in 1 contract

Sources: Lease Agreement

Options Personal. Any right or option to extend the Term of this Lease or renew this Lease is personal to the original Tenant named ▇▇▇▇▇▇ and may be exercised only by the original named Tenant or its Affiliate while occupying the Premises who does so without the intent of thereafter then making any an Assignment of this Lease or Subletting of the Premises, all or any portion thereof, and of the Premises. No right or option to extend the Term or renew this Lease may not be exercised by or assigned, voluntarily or involuntarily, by or to any person or entity other than the original named Tenant provided, however, that an option may be exercised by or assigned to an its Affiliate. The options, if any, herein granted to Tenant are not assignable separate and apart from this Lease, nor and no option may any option be separated from this Lease in any manner, either by reservation or otherwise.

Appears in 1 contract

Sources: Lease Agreement