Common use of Assignment of Options Clause in Contracts

Assignment of Options. Without limiting the generality of any provision of this Lease which states that any option or other right of Tenant is personal to the original Tenant hereunder or may only be assigned under certain conditions, no option or similar right of Tenant hereunder, including without limitation any option to extend or renew, option to expand, first offer or first refusal right, or first right to lease, may be assigned, and any attempt to assign such right shall be null and void. The foregoing provision shall not apply to Affiliated Transferees and permitted assignees.

Appears in 2 contracts

Samples: Lease (Archemix Corp.), Lease (Archemix Corp.)

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Assignment of Options. Without limiting the generality of any provision of this Lease which states that any option or other right of Tenant is personal to the original Tenant hereunder or may only be assigned under certain conditions, no option or similar right of Tenant hereunder, including without limitation any option to extend or renew, option to expand, first offer or first refusal right, or first right to lease, may be assigned, and any attempt to assign such right shall be null and void. The foregoing provision shall not apply to Affiliated Transferees and permitted assignees.

Appears in 1 contract

Samples: Office Lease (Suburban Lodges of America Inc)

Assignment of Options. Without limiting the generality of any provision of this Lease which states that any option or other right of Tenant is personal to the original Tenant hereunder or may only be assigned under certain conditions, no option or similar right of Tenant hereunder, including without limitation any option to extend or renew, option to expand, first offer or first refusal right, or first right to lease, may be assignedassigned (except in event of a transfer contemplated by Article 16.B. herein), and any attempt to assign such right shall be null and void. The foregoing provision shall not apply to Affiliated Transferees and permitted assignees.

Appears in 1 contract

Samples: Office Lease (Keryx Biopharmaceuticals Inc)

Assignment of Options. Without limiting the generality of any provision provisions of this Lease which states that any option or other right of Tenant is personal to the original Tenant hereunder or may only be assigned under certain conditions, except for transfers under Paragraph 10.2, no option or similar right of Tenant hereunder, including without limitation any option to extend or renew, option to the expand, first offer or first refusal right, or first right to lease, may be assignedassigned , and any attempt to assign such right shall be null and void. The foregoing provision shall not apply to Affiliated Transferees and permitted assignees.

Appears in 1 contract

Samples: Lease Agreement (Exigent International Inc)

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Assignment of Options. Without limiting the generality of any provision of this Lease which states that any option or other right of Tenant is personal to the original Tenant hereunder or may only be assigned under certain conditions, no option or similar right of Tenant hereunder, including without limitation any option to extend or renew, option to expand, first offer or first refusal right, or first right to lease, may be assignedassigned except in connection with an assignment under Article 16B above, and any attempt to assign such right shall be null and void. The foregoing provision shall not apply to Affiliated Transferees and permitted assignees.

Appears in 1 contract

Samples: Office Lease (Link2gov Corp)

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