Common use of Request for Consent Clause in Contracts

Request for Consent. If Tenant requests ▇▇▇▇▇▇▇▇’s consent to a Transfer, then, at least 15 business days prior to the effective date of the proposed Transfer, Tenant shall provide Landlord with a written description of all terms and conditions of the proposed Transfer, copies of the proposed documentation, and the following information about the proposed transferee: name and address of the proposed transferee and any entities and persons who own, control or direct the proposed transferee; reasonably satisfactory information about its business and business history; its proposed use of the Premises; financial, and other credit information; and general references sufficient to enable Landlord to determine the proposed transferee’s creditworthiness and character. Concurrently with ▇▇▇▇▇▇’s notice of any request for consent to a Transfer, Tenant shall pay to Landlord a fee of $2,500 to defray Landlord’s expenses in reviewing such request, and Tenant shall also reimburse Landlord immediately upon request for its reasonable out of pocket attorneys’ fees and other expenses incurred in connection with considering any request for consent to a Transfer in an amount not to exceed $2,500. If Landlord does not consent to a Transfer in violation of its obligations hereunder, ▇▇▇▇▇▇’s sole remedy against Landlord will be an action for specific performance or declaratory relief, and Tenant shall have no right to terminate this Lease or seek monetary damages.

Appears in 1 contract

Sources: Lease Agreement (Evolent Health, Inc.)

Request for Consent. If Tenant requests ▇▇▇▇▇▇▇▇Landlord’s consent to a Transfer, then, at least 15 business days prior to the effective date of the proposed Transfer, Tenant shall provide Landlord with a written description of all terms and conditions of the proposed Transfer, copies of the proposed documentation, and the following information about the proposed transferee: name and address of the proposed transferee and any entities and persons who own, control or direct the proposed transferee; reasonably satisfactory information about its business and business history; its proposed use of the Premises; banking, financial, and other credit information; and general references sufficient to enable Landlord to determine the proposed transferee’s creditworthiness and character. Concurrently with ▇▇▇▇▇▇’s notice of any request for consent to a Transfer, Tenant shall pay to Landlord a fee of $2,500 to defray Landlord’s expenses in reviewing such request, and Tenant shall also reimburse Landlord immediately upon request for its reasonable out of pocket attorneys’ fees and other expenses incurred in connection with considering any request for consent to a Transfer (whether or not consent is granted) and in an amount documenting (and negotiating the terms of) Landlord’s consent (which shall not to exceed $2,5002,500 for consents to subleases provided Landlord’s standard consent to sublease form is used without material modification or negotiation). If Landlord does not consent to a Transfer in violation of its obligations hereunderTransfer, ▇▇▇▇▇▇Tenant’s sole remedy against Landlord will be an action for specific performance or declaratory relief, and Tenant shall have no right to may not terminate this Lease or seek monetary damages.

Appears in 1 contract

Sources: Lease Agreement (Dirtt Environmental Solutions LTD)

Request for Consent. If Tenant requests ▇▇▇▇▇▇▇▇Landlord’s consent to a Transfer, then, at least 15 business days prior to the effective date of the proposed Transfer, Tenant shall provide Landlord with a written description of all terms and conditions of the proposed Transfer, copies of the proposed documentation, and the following information about the proposed transferee: name and address of the proposed transferee and any entities and persons who own, control or direct the proposed transferee; reasonably satisfactory information about its business and business DMWEST #36871000 v9 ▇▇ ▇▇▇▇▇ ▇▇▇▇ history; its proposed use of the Premises; banking, financial, and other credit information; and general references sufficient to enable Landlord to determine the proposed transferee’s creditworthiness and character. Concurrently with ▇▇▇▇▇▇Tenant’s notice of any request for consent to a Transfer, Tenant shall (i) pay to Landlord a fee of $2,500 1,000 to defray Landlord’s expenses in reviewing such request, and Tenant shall also (ii) reimburse Landlord immediately upon request for its reasonable out of pocket attorneys’ fees and other out-of-pocket expenses incurred in connection with considering any request for consent to a Transfer in an amount not to exceed $2,500Transfer. If Landlord does not consent to a Transfer in violation of its obligations hereunderTransfer, ▇▇▇▇▇▇Tenant’s sole remedy against Landlord will be an action for specific performance or declaratory relief, and Tenant shall have no right to may not terminate this Lease or seek monetary damages.

Appears in 1 contract

Sources: Lease Agreement (Dicerna Pharmaceuticals Inc)

Request for Consent. If Tenant requests ▇▇▇▇▇▇▇▇Landlord’s consent to a Transfer, then, at least 15 business days prior to the effective date of the proposed Transfer, Tenant shall provide Landlord with a written description of all terms and conditions of the proposed Transfer, copies of the proposed documentation, and the following information about the proposed transferee: name and address of the proposed transferee and any entities and persons who own, control or direct the proposed transferee; reasonably satisfactory information about its business and business history; its proposed use of the Premises; banking, financial, and other credit information; and general references sufficient to enable Landlord to determine the proposed transferee’s creditworthiness and character. Concurrently with ▇▇▇▇▇▇Tenant’s notice of any request for consent to a Transfer, Tenant shall pay to Landlord a fee of $2,500 1,000 to defray Landlord’s expenses in reviewing such request, and Tenant shall also reimburse Landlord immediately upon request for its reasonable out of pocket attorneys’ fees and other expenses incurred in connection with considering any request for consent to a Transfer (whether or not consent is granted) and in an amount not to exceed $2,500documenting (and negotiating the terms of) Landlord’s consent. If Landlord does not consent to a Transfer in violation of its obligations hereunderTransfer, ▇▇▇▇▇▇Tenant’s sole remedy against Landlord will be an action for specific performance or declaratory relief, and Tenant shall have no right to may not terminate this Lease or seek monetary damages.. 23048 N. 15th Avenue

Appears in 1 contract

Sources: Lease Agreement (AIRO Group Holdings, Inc.)