Common use of Personal Option Clause in Contracts

Personal Option. The foregoing right of first offer to lease the Expansion Space is personal to the original Tenant signing the Lease, but may not be assigned or transferred to or exercised by any assignee, sublessee or transferee under a Transfer.

Appears in 1 contract

Sources: Office Lease (Insweb Corp)

Personal Option. The foregoing right of first offer First Offer Right to lease the Expansion Space is personal to the original Tenant signing the Lease, but may not be assigned or transferred to or exercised by any assignee, sublessee or transferee under an assignment or sublease (unless such assignee, sublessee or transferee is a TransferPermitted Tenant Successor or a Tenant Affiliate).

Appears in 1 contract

Sources: Lease Agreement (Hubspot Inc)

Personal Option. The foregoing right of first offer to lease the Expansion Space is personal to the original Tenant signing the LeaseLease and any tenant by way of a Permitted Transfer, but may not be assigned or transferred to or exercised by any other assignee, sublessee or transferee under a Transfer.

Appears in 1 contract

Sources: Lease Addendum (Nassda Corp)