Personal Options Sample Clauses
The "Personal Options" clause defines the rights or choices available to an individual party under an agreement. Typically, this clause outlines specific actions or decisions that a person can make, such as opting into or out of certain services, selecting preferences, or exercising particular rights granted by the contract. For example, it may allow an employee to choose between different benefit packages or permit a customer to select from various service levels. The core function of this clause is to provide flexibility and autonomy to the individual, ensuring that personal preferences or circumstances can be accommodated within the contractual relationship.
Personal Options. The Option(s) are personal to the Tenant named in Section 1.03 of the Lease or any Tenant's Affiliate described in Section 9.02
Personal Options. The Options are personal to the Tenant named in Section 1.03 of this Lease (the “Original Tenant”) or any Tenant Affiliate (described in Section 9.07 of this Lease) of the Original Tenant or a Tenant Affiliate within a series of Tenant Affiliates of the Original Tenant. If Tenant subleases any portion of the Property or assigns any interest under this Lease to an entity other than such a Tenant Affiliate prior to the exercise of an Option (whether with or without Landlord’s consent), then such Option and any succeeding Options shall lapse. If Tenant subleases any portion of the Property or assigns any interest of Tenant under this Lease to an entity other than such a Tenant Affiliate after the exercise of an Option but prior to the commencement of the respective Extension (whether with or without Landlord’s consent), then such Option and any succeeding Options shall lapse and the Lease Term shall expire as if such Option were not exercised. If Tenant subleases any portion of the Property or assigns any interest of Tenant under this Lease to an entity other than such a Tenant Affiliate after the exercise of an Option and after the commencement of the Extension related to such Option, then the term of this Lease shall expire upon the expiration of the Extension during which such sublease or transfer occurred and only the succeeding Options shall lapse.
Personal Options. The Option is personal to the Tenant named in Section 1.3 of the Lease and cannot be transferred without Landlord’s consent.
2.6.1 If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest under the Lease prior to the exercise of an Option without Landlord’s consent, the Option shall lapse.
2.6.2 If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest of Tenant under the Lease after the exercise of an Option but prior to the commencement of the month-to-month tenancy without Landlord’s consent, the Option shall lapse and the Lease Term shall expire as if such Option were not exercised.
2.6.3 If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest of Tenant under the Lease after the exercise of the Option and after the commencement of the month-to-month tenancy related to such Option without Landlord’s consent, then the term of the Lease shall expire upon the expiration of the month during which such sublease or transfer occurred and the remainder of the Option shall lapse.
Personal Options. The Option is personal to the Tenant named above or any Tenant’s Affiliate described in Paragraph 12.1
Personal Options. The Option(s) are personal to the LESSEE names in Section I of the Lease. If LESSEE subleases any portion of the Property or assigns or otherwise transfers any interest under the Lease prior to the exercise of an Option (whether with or without LESSOR'S consent), such Option and any succeeding Options shall lapse and the Lease Term shall expire as if such Option were not exercised. If LESSEE subleases any portion of the Property or assigns or otherwise transfers any interest of LESSEE under the Lease in accordance with Article 25 of the Lease after the exercise of an Option and after the commencement of the Extension related to such Option, then the term of the Lease shall expire upon the expiration of the Extension during which such sublease or transfer occurred and only the succeeding Options shall lapse.
Personal Options. The Renewal Options set forth in this Section 3.4 are personal to Tenant and may not be assigned, transferred or conveyed to any party, except to an Affiliate or Successor of Tenant defined in Section 14.1 below provided that the foregoing shall not be construed to limit Tenant’s ability to exercise its rights under this Section 3.4 for the benefit of any Transferee permitted pursuant to Article 14 below.
Personal Options. Each Option is personal to Seagate Technology, Inc. and shall not be assignable or transferable to any assignee of Tenant (other than an assignee in which Seagate Technology, Inc. holds an ownership interest of fifty-one percent (51%) or more ("Permitted Assignee")) or any sublessee of all or any portion of the Premises. If Tenant subleases or assigns or otherwise transfers any interest under the Lease (other than an assignment to a Permitted Assignee) prior to the exercise of an Option, such Option and any succeeding Option shall lapse. If Tenant subleases or assigns or otherwise transfers any interest of Tenant under the Lease (other than an assignment to a Permitted Assignee) after the exercise of an Option but prior to the commencement of the applicable Extension, such Option and any succeeding Option shall lapse and the Term of the Lease shall expire as if such Option was not exercised.
Personal Options. The Option(s) are personal to the above-named Tenant. Whether with or without Landlord's consent, if Tenant Transfers prior to the commencement of the respective Extension, such Option and any succeeding Option(s) shall lapse and the Term shall expire as if such Option had not been exercised. If Tenant Transfers after exercise of an Option and after the commencement of the Extension related to such Option, then the Term, shall expire upon the expiration of the Extension during which such Transfer occurred and any succeeding Option(s) shall lapse.
Personal Options. The Renewal Options and the Additional Space Option set forth in this Section 3.4 are personal to Tenant and may not be assigned, transferred or conveyed to any party, except to an Affiliate or Successor of Tenant defined in Section 14.1 below provided that the foregoing shall not be construed to limit Tenant’s ability to exercise its rights under this Section 3.4 for the benefit of any Transferee permitted pursuant to Article 14 below.
Personal Options. Each Extension Option is personal to the Tenant named in Section 1.3 of the Lease and cannot be transferred without Landlord’s consent. Notwithstanding the foregoing, if Landlord consents to a sublease of the Premises or an assignment of this Lease, each Extension Option may be transferred to Tenant’s sublessee or assignee, at Tenant’s election. The foregoing notwithstanding, at Landlord’s election, Landlord may require that the applicable Extension Option be exercised for the entire Premises or none of the Premises.