Common use of Approval of Assignments Clause in Contracts

Approval of Assignments. Landlord agrees that it shall consent to ----------------------- an assignment to a subtenant and to an assignment which, at the time of such assignment, is of such financial standing and responsibility as to give reasonable assurance that the payment of all Ground Rent and other amounts reserved in this Lease will be made in compliance with all the terms, covenants, provisions and conditions of this Lease. In requesting an approval by Landlord of assignment pursuant to subsection 5.1, Developer shall provide the following information to Landlord with respect to proposed assignments of 50,000 square feet of rentable building area or land area, or more, of sublease space, with respect to any Ground Sublease and with respect to assignments of a parcel or an interest in this Ground Lease.

Approval of Assignments. Landlord agrees that it shall ----------------------- consent to ----------------------- an assignment to a subtenant and to an assignment assignee which, at the time of such assignment, is of such financial standing and responsibility as to give reasonable assurance that the payment of all Ground Rent and other amounts reserved in this Lease will be made in compliance with all the terms, covenants, provisions and conditions of this Lease. In requesting an approval by Landlord of assignment pursuant to subsection 5.15.l, Developer shall provide the following information to Landlord with respect to proposed assignments of 50,000 square feet of rentable building area or land area, or more, of sublease space, with respect to any Ground Sublease and with respect to assignments of a parcel or an interest in this Ground Lease.

Approval of Assignments. Landlord agrees that it shall ----------------------- consent to ----------------------- an assignment to a subtenant and to an assignment which, at the time of such assignment, is of such financial standing and responsibility as to give reasonable assurance that the payment of all Ground Rent and other amounts reserved in this Lease will be made in compliance with all the terms, covenants, provisions and conditions of this Lease. In requesting an approval by Landlord of assignment pursuant to subsection 5.1, Developer shall provide the following information to Landlord with respect to proposed assignments of 50,000 square feet of rentable building area or land area, or more, of sublease space, with respect to any Ground Sublease and with respect to assignments of a parcel or an interest in this Ground Lease.

Approval of Assignments. Landlord agrees that it shall ----------------------- consent to ----------------------- an assignment to a subtenant and to an assignment assignee which, at the time of such assignment, is of such financial standing and responsibility as to give reasonable assurance that the payment of all Ground Rent and other amounts reserved in this Lease will be made in compliance with all the terms, covenants, provisions and conditions of this Lease. In requesting an approval by Landlord of assignment pursuant to subsection 5.1, Developer shall provide the following information to Landlord with respect to proposed assignments of 50,000 square feet of rentable building area or land area, or more, of sublease space, with respect to any Ground Sublease and with respect to assignments of a parcel or an interest in this Ground Lease.