Additional Terms and Conditions Applicable to Assignment and Subletting. It is the intent of the parties hereto that the Lease shall confer upon Lessee only the right to use and occupy the Premises and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus or enhanced value to Lessee, nor to serve as a vehicle whereby Lessee may profit by a future assignment or sublet of this Lease of a right to use or occupy the Premises as a result of any favorable terms contained herein or any favorable changes in the market for commercial lease space. It is the intent of the parties that any such bonus or enhanced value that may attach to this Lease shall be and remain the exclusive property of the Lessor. In order to carry out this intent, in the event Lessee seeks to assign or transfer its interest in this Lease of the Premises, Lessor shall have the following options which may be exercised at its sole election, without limiting Lessor in the exercise of any other right or remedy at law or equity or under this Lease which Lessor may have by reason of such proposed assignment or sublet.
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Samples: Document Capture Technologies, Inc., Sysview Technology, Inc.
Additional Terms and Conditions Applicable to Assignment and Subletting. It is the intent of the parties hereto that the Lease shall confer upon Lessee only the right to use and occupy the Premises premises and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus or enhanced value to Lessee, nor to serve as a vehicle whereby Lessee may profit by a future assignment or sublet of this Lease of a right to use or occupy the Premises as a result of any favorable terms contained herein or any favorable changes in the market for commercial lease space. It is the intent of the parties that any such bonus or enhanced value that may attach to this Lease shall be and remain the exclusive property of the Lessor. In order to carry out this intent, in the event Lessee seeks to assign or transfer its interest in this Lease of the Premises, Lessor shall have the following options options, which may be exercised at its sole election, without limiting Lessor in the exercise of any other right or remedy at law or equity or under this Lease Lease, which Lessor may have by reason of such proposed assignment or sublet.
Appears in 1 contract
Additional Terms and Conditions Applicable to Assignment and Subletting. It is the intent of the parties hereto that the Lease shall confer upon Lessee only the right to use and occupy the Premises premises and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus or enhanced value to Lessee, nor to serve as a vehicle whereby Lessee may profit by a future assignment or sublet of this Lease of a right to use or occupy the Premises as a result of any favorable terms contained herein or any favorable changes in the market for commercial lease space. It is the intent of the parties that any such bonus or enhanced value that may attach to this Lease shall be and remain the exclusive property of the Lessor. In order to carry out this intent, in the event Lessee seeks to assign or transfer its interest in this Lease of the Premises, . Lessor shall have the following options options, which may be exercised at its sole election, without limiting Lessor in the exercise of any other right or remedy at law or equity or under this Lease Lease, which Lessor may have by reason of such proposed assignment or sublet.
Appears in 1 contract
Samples: National Scientific Corp/Az
Additional Terms and Conditions Applicable to Assignment and Subletting. It is the intent of the parties hereto that the Lease shall confer upon Lessee only the right to use and occupy the Premises and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus or enhanced value to Lessee, nor to serve as a vehicle whereby Lessee may profit by a future assignment or sublet of this Lease of a right to use or occupy the Premises as a result of any favorable terms contained herein or any favorable changes in the market for commercial lease space. It is the intent of the parties that any such bonus or enhanced value that may attach to this Lease shall be and remain the exclusive property of the Lessor. In order to carry out this intent, in the event Lessee seeks to assign or transfer its interest in this Lease of the Premises, Lessor shall have the following options which may be exercised at its sole election, without limiting Lessor in the exercise of any other right or remedy at law or equity or under this Lease which Lessor may have by reason of such proposed assignment or sublet.. Initials _____ _____
Appears in 1 contract
Samples: Document Capture Technologies, Inc.