Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall : (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇. (b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s Default or Breach. (c) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting. (d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor. (e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36) (f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing. (g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 6 contracts
Sources: Industrial/Commercial Multi Tenant Lease (Liquidmetal Technologies Inc), Standard Multi Tenant Office Lease (America Great Health), Standard Multi Tenant Office Lease (America Great Health)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 5 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Cii Financial Inc), Standard Industrial/Commercial Single Tenant Lease (Telocity Inc), Standard Industrial/Commercial Single Tenant Lease Net (Skechers Usa Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 5 contracts
Sources: Lease Agreement (Social Capital Suvretta Holdings Corp. I), Standard Industrial/Commercial Multi Tenant Lease Gross (Social Capital Suvretta Holdings Corp. I), Standard Industrial/Commercial Single Tenant Lease Net (ImmunityBio, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1000 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 3634)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing, provided however the foregoing shall not apply to any Permitted Transfer. (See Paragraph 39.237.2)
Appears in 4 contracts
Sources: Commercial Lease (Ascend Wellness Holdings, LLC), Commercial Lease (Ascend Wellness Holdings, LLC), Commercial Lease (Ascend Wellness Holdings, LLC)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (iI) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 4 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease, Asset Purchase Agreement (Item 9 Labs Corp.), Industrial/Commercial Lease
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall : (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 4 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease (Exagen Inc.), Standard Multi Tenant Office Lease (America Great Health), Lease Agreement (Liquidmetal Technologies Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the the-primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or 10% of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 4 contracts
Sources: Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter after the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations obligation from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event even of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility reasonability and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the currently monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform confirm and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Lease Agreement (Cumetrix Data Systems Corp), Standard Industrial/Commercial Single Tenant Lease Gross (Cumetrix Data Systems Corp), Lease Agreement (Cumetrix Data Systems Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's Landlord’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee Tenant under this Lease, (ii) release Lessee Tenant of any obligations hereunder, or (iii) alter the primary liability of Lessee Tenant for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Tenant.
(b) Lessor Landlord may accept Rent or performance of ▇▇▇▇▇▇'s Tenant’s obligations from any person other than Lessee Tenant pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Landlord’s right to exercise its remedies for ▇▇▇▇▇▇'s Tenant’s Default or Breach.
(c) ▇▇▇▇▇▇'s Landlord’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Tenant, Lessor Landlord may proceed directly against Lessee, any Guarantors Tenant or anyone else responsible for the performance of ▇▇▇▇▇▇'s Tenant’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's Landlord’s remedies against any other person or entity responsible therefor therefore to LessorLandlord, or any security held by LessorLandlord.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's Landlord’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 as consideration for ▇▇▇▇▇▇'s Landlord’s considering and processing said request. ▇▇▇▇▇▇ Tenant agrees to provide Lessor Landlord with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee Tenant during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor Landlord has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Commercial Lease Agreement (ImmunityBio, Inc.), Commercial Lease (NantKwest, Inc.), Commercial Lease (NantKwest, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Wesco Aircraft Holdings, Inc), Standard Industrial/Commercial Single Tenant Lease Net (Wesco Aircraft Holdings, Inc), Lease Agreement (Wesco Aircraft Holdings, Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Troy Group Inc), Lease Agreement (I O Magic Corp), Standard Industrial/Commercial Single Tenant Lease Net (TTM Technologies Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 2,500 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is less, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Digitalthink Inc), Building Lease (Sew Cal Logo Inc), Building Lease (Sew Cal Logo Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 3 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Fox Factory Holding Corp), Lease Agreement (Fox Factory Holding Corp), Standard Industrial/Commercial Multi Tenant Lease (Quantum Fuel Systems Technologies Worldwide Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Any such deposit paid in accordance with this provision will be applied against any fees due pursuant to Paragraph 36), below.
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease (ChemoCentryx, Inc.), Standard Industrial/Commercial Multi Tenant Lease (ChemoCentryx, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessees obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessees Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach Breath by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, Lease including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writingventing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and arid agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. writing (See Paragraph 39.2).
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Net (AutoGenomics, Inc.), Standard Industrial/Commercial Single Tenant Lease Net (AutoGenomics, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Alphatec Holdings, Inc.), Standard Industrial/Commercial Single Tenant Lease (Alphatec Holdings, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of or any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations obligation from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its the remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to of any subsequent assignment or subletting.
(d) In the event of any Default default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublesseesubLessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesubLessee, including but not limited to the intended use and/or required request modification of or the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment agreement or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any by Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease (Ironclad Performance Wear Corp), Lease Agreement (Ironclad Performance Wear Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (1 0%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial Commercial Single Tenant Lease Net (Immune Response Corp), Standard Industrial Commercial Single Tenant Lease Net (Ipl Systems Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee sub lessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval approval, or disapproval disapproval, of such assignment nor the acceptance of Rent or performance shall constitute a waiver or nor estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s’ consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessor, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublesseesub lessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesub lessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee sub lessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than that such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee sub lessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. writing (See Paragraph 39.2)
Appears in 2 contracts
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)[*]
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Telocity Inc), Standard Industrial/Commercial Single Tenant Lease (Telocity Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee lease for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel appeal of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination termination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed formed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Dippy Foods Inc), Standard Industrial/Commercial Single Tenant Lease (Dippy Foods Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Dolby Laboratories, Inc.), Lease Agreement (Dolby Laboratories, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Bebe Stores Inc), Standard Industrial/Commercial Single Tenant Lease Net (Overhill Farms Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Lessors right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇'s Lessors consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including Including any assignee or sublessee, without first exhausting Lessor's Lessors remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information Information relevant to Lessor's Lessors determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended Intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessors considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessors consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2).
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease Gross, Standard Industrial/Commercial Multi Tenant Lease Gross (Zoned Properties, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, if required, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writingsublease.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Lease (SeaSpine Holdings Corp), Lease Agreement (SeaSpine Holdings Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Digital Entertainment Network Inc), Standard Industrial/Commercial Single Tenant Lease (International Remote Imaging Systems Inc /De/)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee not to exceed $500.00 applicable to the portion of $500 as the Premises which is the subject of the proposed assignment or sublease, consideration for ▇▇▇▇▇▇'s Lessor’s reasonable legal expenses for considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Nextest Systems Corp), Standard Industrial/Commercial Single Tenant Lease (Nextest Systems Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment any Assignment or subletting Subletting shall : not (i) be effective without the express written assumption by such assignee Assignee or sublessee Sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignmentAssignment. Neither a delay in the approval or disapproval of such assignment Assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment Assignment or subletting Subletting shall not constitute a consent to any subsequent assignment Assignment or sublettingSubletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee Assignee or sublesseeSublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment Assignment or subletting Subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee Assignee or sublesseeSublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed Assignment or Sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee Assignee of, or sublessee Sublessee under, this Lease shall, by reason of accepting such assignment, Assignment or entering into such sublease, or entering into possession of the Premises or any portion thereofSublease, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment Assignment or subleaseSublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment Assignment or sublease Sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Full Service Lease (Document Capture Technologies, Inc.), Full Service Lease (Document Capture Technologies, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇L▇▇▇▇▇.
(b) Lessor may accept Rent or performance of L▇▇▇▇▇▇'s ’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for L▇▇▇▇▇▇'s ’s Default or Breach.
(c) L▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇L▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of L▇▇▇▇▇▇'s ’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇L▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) L▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇L▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Lease Agreement (Brownie's Marine Group, Inc), Lease Agreement (Brownie's Marine Group, Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's Landlord’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee subtenant of the obligations of Lessee Tenant under this Lease, (ii) release Lessee Tenant of any obligations hereunder, or (iii) alter the primary liability of Lessee Tenant for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.Tenant,
(b) Lessor Landlord may accept Rent or performance of ▇▇▇▇▇▇'s Tenant’s obligations from any person other than Lessee Tenant pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Landlord’s right to exercise its remedies for ▇▇▇▇▇▇'s Tenant’s Default or Breach.
(c) ▇▇▇▇▇▇'s Landlord’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Tenant, Lessor Landlord may proceed directly against Lessee, any Guarantors Tenant or anyone else responsible for the performance of ▇▇▇▇▇▇'s Tenant’s obligations under this Lease, including any assignee or sublesseesubtenant, without first exhausting Lessor's Landlord’s remedies against any other person or entity responsible therefor therefore to LessorLandlord, or any security held by LessorLandlord.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's Landlord’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesubtenant, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Tenant agrees to provide Lessor Landlord with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)Tenant shall reimburse Landlord for all reasonable out of pocket costs actually incurred by Landlord in connection with the consideration of any request, including attorneys’ fees.
(f) Any assignee of, or sublessee subtenant under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee Tenant during the term Term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor Landlord has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Terms and Conditions Applicable to Assignment and Subletting. (a) 13.2.1 Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) 13.2.2 Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s 13.2.3 Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) 13.2.4 In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) 13.2.5 Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36Section 20.18)
(f) 13.2.6 Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s 13.2.7 Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2Section 19.1.)
13.2.8 If Lessee assigns and/or sublets any portion(s) of its interest in this Lease or in the Premises with Lessor’s consent, any consideration received by Lessee for said assignment and/or subletting, after deducting any real estate broker’s commissions incurred solely for the purpose of and in connection with the assignment or subletting, shall be divided equally with Lessor to the extent it exceeds the consideration due Lessor from Lessee under this Lease (“Net Rent Premium”). The amount due Lessor shall be paid to Lessor within ten (10) days after its receipt by Lessee. Lessee shall act as Lessor’s agent in collecting such amounts from any such assignee or sublessee.
Appears in 2 contracts
Sources: Industrial/Commercial Multi Tenant Lease (Genelux Corp), Industrial/Commercial Multi Tenant Lease (Genelux Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consentWithout limiting the foregoing, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Except for a Permitted Transferee, Lessor's consent to any assignment or subletting subletting, if any, shall not transfer to the assignee or sublessee any Option or Right of First Refusal granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease (Amistar Corp), Purchase and Sale Agreement (Amistar Corp)
Terms and Conditions Applicable to Assignment and Subletting. See Addendum.
(a) Regardless of Lessor's Lessors consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessees obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Lessors right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇'s Lessors consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's Lessors determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Gross (Laser Pacific Media Corp), Standard Industrial/Commercial Single Tenant Lease (Laser Pacific Media Corporation)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall : (i) be effective effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease Net (International Stem Cell CORP), Standard Industrial/Commercial Multi Tenant Lease Gross
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept any Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s the Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇of Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone any one else responsible for the performance of ▇▇▇▇▇▇the Lessee's obligations under this Lease, including any assignee or the sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if . If any, together with a fee of $500 1,000, as consideration for ▇▇▇▇▇▇Lessor's consideration for Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Lease Agreement (Equinix Inc), Lease Agreement (Equinix Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or 10% of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease (Essxsport Corp), Standard Industrial/Commercial Multi Tenant Lease (Essxsport Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall : not (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or nor (iii) alter the primary liability of Lessee for the payment of Base Rent and other sums due Lessor hereunder or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee under this Lease.
(b) Lessor may accept Rent any rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or any rent for performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s the Default or BreachBreach by Lessee of any of the terms, covenants or conditions of this Lease.
(c) ▇▇▇▇▇▇'s The consent of Lessor to any assignment or subletting shall not constitute a consent to any subsequent assignment or sublettingsubletting by Lessee or to any subsequent or successive assignment or subletting by the assignee or sublessee.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇of Lessee's obligation under this Lease, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇the Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including including, but not limited to to, the intended use and/or required modification of the Premises, if any, together with a fee non-refundable deposit of $500 1,000 as reasonable consideration for ▇▇▇▇▇▇Lessor's considering and processing said requestthe request for consent. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)requested by Lessor.
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession be deemed, for the benefit of the Premises or any portion thereofLessor, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease (Supergen Inc), Lease Agreement (Supergen Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's Lessors consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.Lessee, unless (see Paragraph 57)
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s Lessees Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, assignment or entering into possession of the Premises or any portion thereof, in be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)see addendum
Appears in 2 contracts
Sources: Standard Industrial/Commercial Single Tenant Lease Net (SMTC Corp), Lease Agreement (SMTC Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall : (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 2 contracts
Sources: Standard Industrial/Commercial Multi Tenant Lease Net (Cue Health Inc.), Lease Agreement (Cue Health Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver waver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee assigee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Agreement (Consolidated Capital of North America Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or off sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have have; assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Entech Environmental Technologies Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Addendum Paragraph 3671)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Capstone Turbine Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, . including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)Initials: /s/ TRM, NB,GWT
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Hi Shear Technology Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (iI) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Multi Tenant Office Lease (Villageedocs Inc)
Terms and Conditions Applicable to Assignment and Subletting. See Paragraph 56 of Addendum No.
(a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 750.00 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. requested within five (See also Paragraph 36)5) days after Lessee's request for consent.
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Acadia Pharmaceuticals Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, sublease be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Laser Pacific Media Corporation)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Agreement (New Focus Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, sublessee without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ , Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall : (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.. ________________INITIALS Page 13 of 32 ________________INITIALS
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premisespremises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Multi Tenant Office Lease (Energy Vault Holdings, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, or (iii) alter after the primary Primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lease.
(b) Lessor may accept Rent or of performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver waive or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or of subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or of entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's 's, determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesubleases, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 or one percent (1%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Remec Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i1) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 inclusive of attorneys' fees, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Multi Tenant Lease Net (Divine Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee sublease of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else also responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this the Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held hold by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesublease, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or 10% of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee subleases under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed perfumed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Multi Tenant Office Lease (Coast Bancorp/Ca)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by b information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed propose assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (North Valley Bancorp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇the Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ request Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (California Amplifier Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity entity, responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. any (See also Addendum Paragraph 3655 (d))
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of or an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Wireless Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's Lassoes consent, no assignment or subletting shall shall: (iI) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (iiII) release Lessee of any obligations hereunder, or (iiilit) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(ea) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's Lessors determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended Intended use and/or required modification of the Premises, if If any, together with a fee of $500 1,000 or 10% of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessors considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, or (ii) release release, Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Lessors right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or of Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, under this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every ever term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial Commercial Single Tenant Lease (En Pointe Technologies Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenantconvenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Eco Soil Systems Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee subleases of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iiiii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublesseesubleases, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee subleases under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Sublease Agreement (Andromedia Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇the Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 500, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ request Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Somera Communications Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall : not (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this LeaseLease as may be incorporated therein, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or any rent for performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s the Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇the Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Us Search Corp Com)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessee. Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment/sublease. Neither a delay in the approval or disapproval of such assignment assignment/sublease nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s . Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) . In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance perfomrnnce of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for . Lessee may consent to an assignment subsequent assignments of this Lease or subletting shall be in writingamendments or modifications to this Lease with assignees of Lessee, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee ofwithout notifying Lessee, or sublessee underany successor of Lessee, this Lease shall, by reason of accepting and without obtaining its or their consent thereto and such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting action shall not transfer to the assignee or sublessee any Option granted to the original relieve Lessee by of liability under this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)Lease.
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's Lessors consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (MRV Communications Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Default or Breach.
(c) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. , (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee subleases of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.or
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (North American Scientific Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Addendum Paragraph 3671)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Capstone Turbine Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every termform, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Smtek International Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall : not (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or nor (iii) alter the primary liability of Lessee for the payment of Base Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent any rent or performance of ▇▇▇▇▇▇'s obligations Lessee’s obligation from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or any rent for performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s the Default or Breach.
(c) ▇▇▇▇▇▇'s The consent of Lessor to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors Guarantors, or anyone else responsible for the performance of ▇▇▇▇▇▇'s the Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of not more than $500 1,000, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ the request Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)requested by Lessor.
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Cerus Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 500.00 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial Commercial Single Tenant Lease Gross (Modacad Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, assignment be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. See Addendum Paragraph 57
(a) Regardless of Lessor's Lessors consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, sublease be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Initials /s/ DEH/PAS Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Default Lesso? ??fault or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment as????ment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. This provision is inapplicable as to subleases with Lessee’s vehicle supplying customers, as set forth in Sec. 12.1 (See also Paragraph 36a).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Amendment (Copart Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any ~ny security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, sublease be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Intest Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Prolong International Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall : not. (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 500.00 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Sigma Circuits Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s Default or Breach.
(c) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors Guarantors, or anyone else responsible for the performance of ▇▇▇▇▇▇'s ’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of to the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition condition, and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease (VenHub Global, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (iI) be effective without the express written assumption by such assignee or sublessee sub lessee of the obligations of Lessee under this Lease, (ii11) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.Lessee
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. assignment Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel estoppels of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublesseesub lessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writingwilting, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesub lessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee sub lessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in In writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee sub lessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in Lessor In writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and INITIALS INITIALS operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Multi Tenant Lease Gross (Vincera Pharma, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter after the primary liability of Lessee for the payment of or Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment of sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or of sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Imaging Technologies Corp/Ca)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, : or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Nutech Digital Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall : not (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations to Landlord hereunder, or (iii) alter the primary liability of Lessee to Landlord for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default default or Breach breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information information, relevant to LessorLandlord's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 150.00 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Agreement (Infocrossing Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee Assignee at Sublessee of the obligations of Lessee under this Lease, lease; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or at performance of ▇▇▇▇▇▇at Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignmentAssignment. Neither a delay in the approval or disapproval of such assignment Assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's Lessors right to exercise its remedies for ▇▇▇▇▇▇'s Lessees Default or Breach.
(c) ▇▇▇▇▇▇'s Lessors consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, Lessor any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, Lease including any assignee Assignee or sublessee, Sublessee without first exhausting Lessor's remedies against any other person or a entity responsible therefor therefore to Lessor, Lessor or any security held by Lessor.
(e) Each request for consent to an assignment Assignment or subletting Subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee Assignee or sublesseeSublessee, including but not limited to the intended use and/or required modification of at the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed Assignment or Sublease, whichever it greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)to
(f) Any assignee Assignee of, or sublessee Sublessee under, this Lease shall, by reason of accepting such assignment, Assignment or entering into such sublease, or entering into possession of the Premises or any portion thereofSublease, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee Leasee during the term of said assignment Assignment or subleaseSublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment Assignment or sublease Sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Full Service Lease Gross (National Scientific Corp/Az)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇'s Default or Breach.
(c) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended Intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Agreement (Reeds Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Multi Tenant Office Lease (California Software Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premisespremises, if any, together with a fee of $500 exact attorney invoice of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Sublease Agreement (Xoma Corp /De/)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall : (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s ’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s ’s Default or Breach.
(c) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s ’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Multi Tenant Office Lease Gross (Signing Day Sports, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s ’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s ’s Default or Breach.. ___________ ___________ ___________ ___________
(c) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇, Lessor may proceed directly against Lessee, any Guarantors Guarantors, or anyone else responsible for the performance of ▇▇▇▇▇▇'s ’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of to the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition condition, and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s ’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, : (ii) release Lessee Lessee...of any obligations hereunder, : or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 as consideration for ▇▇▇▇▇▇'s as may be considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, under this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment assign or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Single Tenant Lease (Micrel Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
(h) In the event of any approved assignment or sublease of all or any portion of the Premises where the rent reserved in the assignment or sublease exceeds the rent or pro rata portion of the rent, as the case may be, for such space reserved in this Lease, Lessee shall pay Lessor monthly, as additional rent, at the same time as the payment of minimum rent required hereunder, the excess of the rent reserved in the assignment or sublease over the rent reserved in this Lease applicable to the assigned or subleased space. In the event of any approved assignment or sublease of this Lease or the Premises, Lessee shall pay Lessor, immediately upon receipt, all consideration received by Lessee as a result of such assignment or sublease.
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (Lumenis LTD)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective effective, in the case of an assignment without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇.Lessee;
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.;
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting requiring such consent hereunder shall not constitute a consent to any subsequent assignment or subletting.;
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s obligations under this Lease, including any assignee or sublesseeassignee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.;
(e) Each request for consent to an assignment or subletting requiring Lessor’s consent, shall be in writing, accompanied by information relevant to Lessor's determination ’s determination, in the case of a proposed assignment requiring Lessor’s consent, as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseeassignee, including but not limited to the intended use by such assignee and/or required modification of the Premises, if any, and in the case of a sublessee, as to the intended use by such sublessee and/or required modification of the Premises, if any, together with a fee to Lessor of $500 [***] as consideration for ▇▇▇▇▇▇'s Lessor’s considering and processing said requestrequest (the “Assignment/Sublease Request Processing Fee”). ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)Lessee shall reimburse Lessor for all reasonable out of pocket costs actually incurred by Lessor in connection with the consideration of any request, including reasonable attorneys’ fees;
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease[***] The asterisks denote that confidential portions of this exhibit have been omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been submitted separately to the Securities and Exchange Commission. assignment, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.. Each sublease of the Premises or any part thereof shall be subject and subordinate to the provisions of this Lease and the sublessee shall affirm same in such sublease;and
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer Unless Lessor specifically consents in writing to the assignee assignment of the Renewal Option to an assignee, such Renewal Option is not assignable or sublessee any Option granted to the original Lessee assumable or assumed by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)assignee.
Appears in 1 contract
Sources: Lease Agreement (SAVVIS, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's ’s consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇'s Lessee’s obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's ’s right to exercise its remedies for ▇▇▇▇▇▇'s Lessee’s Default or Breach.
(c) ▇▇▇▇▇▇'s Lessor’s consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇'s Lessee’s obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's ’s remedies against any other person or entity responsible therefor to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's ’s determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a an administrative fee to Lessor of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request2,000. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease (Zulily, Inc.)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii0) release Lessee of any obligations hereunder, ; or (iii) alter after the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's Lessors remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇'s Lessors considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Lmi Aerospace Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter after the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required require modification of the Premisespremises, if any, together with a fee of $500 1,000 or ten percent (10%) of the current monthly Base Rent applicable to the portion of the Premises which is the subject of the proposed assignment or sublease, whichever is greater, as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Single Tenant Lease (Invivo Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee Sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Veterinary Centers of America Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting of subletting, shall not: (i) be effective without the express written assumption by such assignee assignment or sublessee subleases of the obligations of Lessee under this Lease, the lease (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations obligation from any person persons other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its in remedies for ▇▇▇▇▇▇Lessee's Default or Breach.Branch
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublesseeassignee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublesseesubleases, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ If any Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee subleases under, this Lease shall, shall by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions provision of an assignment or sublease to which Lessor has specifically specially consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease Net (Impco Technologies Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 1,000 (which amount shall be reduced to $500.00 in the case of any assignment or sublease to an Affiliate) as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36).
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Agreement (Litronic Inc)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no assignment or subletting shall shall: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible responsibly for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's Lessors determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇Lessor's considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ Lessor in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Lease Termination and New Lease Agreement (Amistar Corp)
Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, no any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, ; (ii) release Lessee of any obligations hereunder, ; or (iii) alter the primary liability of Lessee for the payment of Rent or for the performance of any other obligations to be performed by ▇▇▇▇▇▇Lessee.
(b) Lessor may accept Rent or performance of ▇▇▇▇▇▇Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for ▇▇▇▇▇▇Lessee's Default or Breach.
(c) ▇▇▇▇▇▇Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.
(d) In the event of any Default or Breach by ▇▇▇▇▇▇Lessee, Lessor may proceed directly against Lessee, any Guarantors or anyone else responsible for the performance of ▇▇▇▇▇▇Lessee's obligations under this Lease, including any assignee or sublessee, without first exhausting Lessor's remedies against any other person or entity responsible therefor therefore to Lessor, or any security held by Lessor.
(e) Each request for consent to an assignment or subletting shall be in writing, accompanied by information relevant to Lessor's determination as to the financial and operational responsibility and appropriateness of the proposed assignee or sublessee, including but not limited to the intended use and/or required modification of the Premises, if any, together with a fee of $500 as consideration for ▇▇▇▇▇▇'s considering and processing said request. ▇▇▇▇▇▇ Lessee agrees to provide Lessor with such other or additional information and/or documentation as may be reasonably requested. (See also Paragraph 36)Lessee shall reimburse Lessor for any actual costs affiliated with the request for consent, including but not limited to legal fees incurred by Lessor.
(f) Any assignee of, or sublessee under, this Lease shall, by reason of accepting such assignment, assignment or entering into such sublease, or entering into possession of the Premises or any portion thereof, be deemed to have assumed and agreed to conform and comply with each and every term, covenant, condition and obligation herein to be observed or performed by Lessee during the term of said assignment or sublease, other than such obligations as are contrary to or inconsistent with provisions of an assignment or sublease to which Lessor has specifically consented to in writing.
(g) ▇▇▇▇▇▇'s consent to any assignment or subletting shall not transfer to the assignee or sublessee any Option granted to the original Lessee by this Lease unless such transfer is specifically consented to by ▇▇▇▇▇▇ in writing. (See Paragraph 39.2)
Appears in 1 contract
Sources: Standard Industrial/Commercial Single Tenant Lease (International Remote Imaging Systems Inc /De/)