Additional Provisions Relating to Assignment and Subletting Sample Clauses

Additional Provisions Relating to Assignment and Subletting. (a) Section 18(a) of the lease is amended as follows:
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Additional Provisions Relating to Assignment and Subletting. (a) Notwithstanding any provision of Section 18 or this Rider Section 49 to the contrary:
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Additional Provisions Relating to Assignment and Subletting. (a) Notwithstanding the provisions of Section 19(a) of this Agreement, the Lessee shall have the right to assign this Agreement and the letting hereunder in its entirety to a corporation which directly or indirectly controls or is directly or indirectly controlled by the Lessee, or to a corporation which is directly or indirectly controlled by a corporation which directly controls the Lessee, and in the case of such indirect control, each of the corporate entities in the chain between the Lessee and the proposed assignee shall directly control or be directly controlled by the immediately adjacent corporate entity in such chain, or to a corporation into or with which the Lessee is merged or consolidated if all the conditions stated in subparagraph (k)(2) of Section 54 of this Agreement are met and such assignment is required in connection with such merger or consolidation, provided however that nothing contained herein shall limit or affect the provisions of Section 7(h) in any way and any such assignee shall use the premises solely for the purposes set forth in Section 3 and for no other purpose whatsoever, and provided further however that such assignment shall not be effective until an agreement in the form annexed hereto as "Exhibit Y" has been executed by the Port Authority, the Lessee, and the proposed assignee, and the Port Authority's consent as herein stated shall be effective only as long as the proposed assignee maintains the above-described relationship to the Lessee. If such relationship is no longer in effect, the Port Authority shall have the right, in addition to all other rights and remedies under this Agreement, to revoke its said consent and the Lessee and assignee will immediately cause this Agreement and the letting hereunder to be reassigned to the Lessee.
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Additional Provisions Relating to Assignment and Subletting. In the event that Tenant submits to Landlord for its consent a proposed assignment or subletting transaction, together with all information reasonably necessary for Landlord to grant or withhold its consent, but Landlord does not respond to Tenant within thirty (30) days of such completed submission, the proposed assignment or subletting transaction shall be deemed approved by Landlord as required by subsection 18(a). Notwithstanding such approval, subsections 18(b) and 18(c) shall apply to any such assignment or subletting transaction, as applicable.
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Related to Additional Provisions Relating to Assignment and Subletting

  • Additional Provisions Relating to Customer 6.1 Representations of Customer and Bank

  • Terms and Conditions Applicable to Assignment and Subletting (a) Regardless of Lessor's consent, 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, 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.

  • Special Provisions Relating to Euro Each obligation hereunder of any party hereto that is denominated in the National Currency of a state that is not a Participating Member State on the date hereof shall, effective from the date on which such state becomes a Participating Member State, be redenominated in Euro in accordance with the legislation of the European Union applicable to the European Monetary Union; provided that, if and to the extent that any such legislation provides that any such obligation of any such party payable within such Participating Member State by crediting an account of the creditor can be paid by the debtor either in Euros or such National Currency, such party shall be entitled to pay or repay such amount either in Euros or in such National Currency. If the basis of accrual of interest or fees expressed in this Agreement with respect to an Agreed Foreign Currency of any country that becomes a Participating Member State after the date on which such currency becomes an Agreed Foreign Currency shall be inconsistent with any convention or practice in the interbank market for the basis of accrual of interest or fees in respect of the Euro, such convention or practice shall replace such expressed basis effective as of and from the date on which such state becomes a Participating Member State; provided that, with respect to any Borrowing denominated in such currency that is outstanding immediately prior to such date, such replacement shall take effect at the end of the Interest Period therefor. Without prejudice to the respective liabilities of the Borrower to the Lenders and the Lenders to the Borrower under or pursuant to this Agreement, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time, in consultation with the Borrower, reasonably specify to be necessary or appropriate to reflect the introduction or changeover to the Euro in any country that becomes a Participating Member State after the date hereof; provided that the Administrative Agent shall provide the Borrower and the Lenders with prior notice of the proposed change with an explanation of such change in sufficient time to permit the Borrower and the Lenders an opportunity to respond to such proposed change.

  • General Provisions Relating to Transfers and Exchanges (1) To permit registrations of transfers and exchanges, the Company will execute and the Trustee will authenticate Global Notes and Definitive Notes upon receipt of an Authentication Order in accordance with Section 2.02 hereof or at the Registrar’s request.

  • Special Provisions Relating to Certain Collateral 13 Section 4.05. Remedies. 15 Section 4.06. Deficiency 17 Section 4.07. Locations, Names, Etc 17 Section 4.08. Private Sale 17 Section 4.09. Application of Proceeds 17 Section 4.10. Attorney in Fact and Proxy 17 Section 4.11. Perfection and Recordation 18 Section 4.12. Termination 18 Section 4.13. Further Assurances 18

  • Additional Terms and Conditions Applicable to Subletting The following terms and conditions shall apply to any subletting by Lessee of all or any part of the Premises and shall be deemed included in all subleases under this Lease whether or not expressly incorporated therein:

  • Additional Provisions Related to Exercise (a) The Option shall be exercisable only on such date or dates and during such period and for such number of shares of Common Stock as are set forth in this Agreement.

  • Definitions of Key Terms Relating to Additional Rent As used in this Article 4, the following terms shall have the meanings hereinafter set forth:

  • Agency Provisions Relating to Collateral Each Lender authorizes and ratifies Agent's entry into this Agreement and the Security Documents for the benefit of Lenders. Each Lender agrees that any action taken by Agent with respect to the Collateral in accordance with the provisions of this Agreement or the Security Documents, and the exercise by Agent of the powers set forth herein or therein, together with such other powers as are reasonably incidental thereto, shall be authorized and binding upon all Lenders. Agent is hereby authorized on behalf of all Secured Parties, without the necessity of any notice to or further consent from any Lender to take any action with respect to any Collateral or the Loan Documents which may be necessary to perfect and maintain perfected Agent's Liens upon the Collateral, for the benefit of the other Secured Parties. Lenders hereby irrevocably authorize Agent, at its option and in its discretion, to release any Lien granted to or held by Agent upon any Collateral (i) upon termination of the Agreement and payment and satisfaction of all Obligations; or (ii) constituting Property in which no Borrower owned any interest at the time the Lien was granted or at any time thereafter; or (iii) in connection with any foreclosure sale or other disposition of Collateral after the occurrence and during the continuance of an Event of Default; or (iv) if approved, authorized or ratified in writing by Agent at the direction of all Lenders. Upon request by Agent at any time, Xxxxxxx will confirm in writing Agent's authority to release particular types or items of Collateral pursuant hereto. Agent shall have no obligation whatsoever to any Lender or to any other Person to assure that the Collateral exists or is owned by any Borrower or is cared for, protected or insured or has been encumbered or that the Liens granted to Agent herein or pursuant to the Security Documents have been properly or sufficiently or lawfully created, perfected, protected or enforced or are entitled to any particular priority, or to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of its rights, authorities and powers granted or available to Agent in this Section 11.7 or in any of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission or event related thereto, Agent may act in any manner it may deem appropriate, in its sole discretion, but consistent with the provisions of this Agreement, including given Agent's own interest in the Collateral as a Lender and that Agent shall have no duty or liability whatsoever to any Lender.

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