Common use of APPLY Clause in Contracts

APPLY. The provisions of Sections 4.6 through 4.8 hereof shall apply to all transfers of beneficial interests in this Lease or a Major Sublease which constitute a Change of Ownership, unless such transfers are otherwise excluded pursuant to this Lease. Furthermore, the provisions of Sections 4.6 through 4.8 of this Lease, and the principles set forth therein, shall apply to any transfer or series of transfers primarily structured for the purpose of avoiding the obligation to pay Net Proceeds Share set forth in Sections 4.6 through 4.8 of this Lease and which, viewed together, would otherwise constitute a Change of Ownership.

Appears in 2 contracts

Samples: Option Agreement, Lease Agreement

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APPLY. The provisions of Sections 4.6 through 4.8 hereof shall apply to all transfers of beneficial interests in this Lease Agreement or a Major Sublease which constitute a Change of Ownership, unless such transfers are otherwise excluded pursuant to this Leasesubsection 4.6.2. Furthermore, the provisions of Sections 4.6 through 4.8 of this LeaseAgreement, and the principles set forth therein, shall apply to any transfer or series of transfers which County can demonstrate was primarily structured for the purpose of avoiding the obligation to pay Net Proceeds Share set forth in Sections 4.6 through 4.8 of this Lease Agreement and which, viewed together, would otherwise constitute a Change of Ownership.

Appears in 1 contract

Samples: Concession Agreement (California Beach Restaurants Inc)

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APPLY. The provisions of Sections 4.6 through 4.8 hereof shall apply to all transfers of beneficial interests in this Lease Agreement or a Major Sublease which constitute a Change of Ownership, unless such transfers are otherwise excluded pursuant to this Leasesubsection 4.6.2. Furthermore, the provisions of Sections 4.6 through 4.8 of this LeaseAgreement, and the principles set forth therein, shall apply to any transfer or series of transfers which County can demonstrate was primarily structured for the purpose of avoiding the obligation to pay Net Proceeds Share set forth in Sections 4.6 through 4.8 of this Lease Agreement and which, viewed together, would otherwise constitute a Change of Ownership.. [strike through end]

Appears in 1 contract

Samples: Concession Agreement (California Beach Restaurants Inc)

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