BNPLC's Consent Required Sample Clauses

BNPLC's Consent Required. Without the prior consent of BNPLC, NAI shall not assign, transfer, mortgage, pledge or hypothecate this Improvements Lease or any interest of NAI hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that subject to subparagraph 14.(c) below, if (and after) NAI completes the Construction Project pursuant to the Construction Management Agreement and so long as no Event of Default has occurred and is continuing: (1) NAI shall be entitled to sublet no more than forty-nine percent (49%) (computed on the basis of square footage) of the useable space in then existing and completed building Improvements, if any, so long as (i) any sublease by NAI is made expressly subject and subordinate to the terms hereof, and (ii) such sublease has a term equal to or less than the remainder of the then effective Term of this Improvements Lease; and (2) NAI shall be entitled to assign or transfer this Improvements Lease or any interest of NAI hereunder to an Affiliate of NAI if both NAI and its Affiliate confirm their joint and several liability hereunder by written notice given to BNPLC.
Sample 1Sample 2See All (5)
AutoNDA by SimpleDocs
BNPLC's Consent Required. Without the prior consent of BNPLC, NAI shall not assign, transfer, mortgage, pledge or hypothecate this Land Lease or any interest of NAI hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that this provision will not be construed to prohibit (I) any sublease of space within Improvements expressly permitted by the Other Lease Agreement and (II) subject to subparagraph 14(c) below, this provision shall not be construed to prohibit any Premises Lease described in the Other Common Definitions and Provisions Agreement or any transfer or sublease by a lessee thereunder which is authorized by the Premises Lease.
Sample 1Sample 2See All (4)
BNPLC's Consent Required. Without the prior consent of BNPLC, NAI shall not assign, transfer, mortgage, pledge or hypothecate this Land Lease or any interest of NAI hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that this provision will not be construed to prohibit any sublease of space within Improvements expressly permitted by the Other Lease Agreement.
Sample 1Sample 2
BNPLC's Consent Required. Without the prior consent of BNPLC, Solectron shall not assign, transfer, mortgage, pledge or hypothecate this Lease or any interest of Solectron hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that, so long as no Landlord's Election to Continue Construction has occurred and no Event of Default has occurred and is continuing, Solectron shall be entitled without the consent of BNPLC to (1) assign Solectron's rights under this Lease and the Purchase Agreement to an Affiliate of Solectron (including any Affiliate of Solectron that is the surviving entity after a merger permitted by subsection 3.04(a) of Schedule A attached to the Guaranty) pursuant to a written assignment unconditionally providing that the Affiliate assumes Solectron's obligations hereunder and thereunder and (unless Solectron has been merged into the Affiliate pursuant to a merger permitted by subsection 3.04(a) of Schedule A attached to the Guaranty) that Solectron ratifies and confirms for the benefit of BNPLC Solectron's responsibility and liability to BNPLC under this Lease and the Purchase Agreement, and (2) sublet all or any portion of the Property if:
Sample 1
BNPLC's Consent Required. Without the prior consent of BNPLC, ------------------------ Zhone shall not assign, transfer, mortgage, pledge or hypothecate this Buildings 1&2 Lease or any interest of Zhone hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that subject to subparagraph 14.(c) below, if (and after) Zhone completes the Construction Project pursuant to the Buildings 1&2 CMA and so long as no Event of Default has occurred and is continuing: (1) Zhone shall be entitled to sublet no more than thirty-three percent (33%) (computed on the basis of square footage) of the useable space in then existing and completed building Improvements on the Land, so long as (i) any sublease by Zhone is made expressly subject and subordinate to the terms hereof and of the Building 3 Lease, and (ii) such sublease has a term equal to or less than the remainder of the then effective terms of this Buildings 1&2 Lease and the Building 3 Lease; and (2) Zhone shall be entitled to assign or transfer this Buildings 1&2 Lease and the Building 3 Lease or any interest of Zhone hereunder or thereunder to an Affiliate of Zhone if both Zhone and its Affiliate confirm their joint and several liability hereunder by written notice given to BNPLC.
Sample 1
BNPLC's Consent Required. Without the prior consent of BNPLC, ------------------------ Zhone shall not assign, transfer, mortgage, pledge or hypothecate this Building 3 Lease or any interest of Zhone hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that subject to subparagraph 14.(c) below, if (and after) Zhone completes the Construction Project pursuant to the Building 3 CMA and so long as no Event of Default has occurred and is continuing: (1) Zhone shall be entitled to sublet no [Improvements - Building 3]
Sample 1
BNPLC's Consent Required. Without the prior consent of BNPLC, ------------------------ Zhone shall not assign, transfer, mortgage, pledge or hypothecate this Land Lease or any interest of Zhone hereunder and shall not sublet all or any part of the Property, by operation of law or otherwise; provided, that this provision will not be construed to prohibit any sublease of space within Improvements expressly permitted by the Other Lease Agreements.
Sample 1
AutoNDA by SimpleDocs
BNPLC's Consent Required. Except as required to satisfy subparagraphs 0 and 0, Electroglas shall not, without the prior consent of BNPLC in each case, assign, transfer, mortgage, pledge or hypothecate this Lease or any interest of Electroglas hereunder or sublet all or any part of the Property, by operation of law or otherwise; provided, that, so long as no Event of Default has occurred and is continuing, Electroglas shall be entitled without the consent of BNPLC to (1) assign Electroglas' rights under this Lease and the Purchase Documents to an Affiliate of Electroglas pursuant to a written assignment unconditionally providing that the Affiliate assumes Electroglas' obligations hereunder and thereunder and that Electroglas ratifies and confirms for the benefit of BNPLC Electroglas' responsibility and liability to BNPLC under this Lease and the Purchase Documents, and (2) sublet all or any portion of the Property if:
Sample 1

Related to BNPLC's Consent Required

  • Consent Required The affirmative vote, approval, consent or ratification of the Manager shall be required to:

  • LESSOR'S CONSENT REQUIRED (a) Lessee shall not voluntarily or by operation of law assign, transfer, mortgage or otherwise transfer or encumber (collectively, "assign") or sublet all or any part of Lessee's interest in this Lease or in the Premises without Lessor's prior written consent given under and subject to the terms of Paragraph 36.

  • Definitions; Consent Required The term "Utility Installations" is used in this Lease to refer to all air lines, power panels, electrical distribution, security, fire protection systems, communications systems, lighting fixtures, heating, ventilating and air conditioning equipment, plumbing, and fencing in, on or about the Premises. The term "Trade Fixtures" shall mean Lessee's machinery and equipment which can be removed without doing material damage to the Premises. The term "Alterations" shall mean any modification of the improvements on the Premises which are provided by Lessor under the terms of this Lease, other than Utility Installations or Trade Fixtures. "Lessee-Owned Alterations and/or Utility Installations" are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor pursuant to Paragraph 7.4(a). Lessee shall not make nor cause to be made any Alterations or Utility Installations in, on, under or about the Premises without Lessor's prior written consent. Lessee may, however, make non-structural Utility Installations to the interior of the Premises (excluding the roof) without Lessor's consent but upon notice to Lessor, so long as they are not visible from the outside of the Premises, do not involve puncturing, relocating or removing the roof or any existing walls, or changing or interfering with the fire sprinkler or fire detection systems and the cumulative cost thereof during the term of this Lease as extended does not exceed $2,500.00.

  • No Consent Required No approval or authorization by, or filing with, any Governmental Authority is required in connection with the execution, delivery and performance by the Administrator of any Transaction Document other than (i) UCC filings, (ii) approvals and authorizations that have previously been obtained and filings that have previously been made and (iii) approvals, authorizations or filings which, if not obtained or made, would not have a material adverse effect on the enforceability or collectability of the Receivables or any other part of the Collateral or would not materially and adversely affect the ability of the Administrator to perform its obligations under the Transaction Documents.

  • Landlord’s Consent Required Subject to the remaining provisions of this Article 11, but notwithstanding anything to the contrary contained elsewhere in this Lease, Tenant shall not assign, transfer or encumber any interest in this Lease (either absolutely or collaterally) or sublease or allow any third party to use any portion of the Premises (collectively or individually, a “Transfer”) without the prior written consent of Landlord, which consent shall not be unreasonably withheld. Without limitation, Tenant agrees that Landlord’s consent shall not be considered unreasonably withheld if: (1) the proposed transferee’s financial condition does not meet the criteria Landlord uses to select Building tenants having similar leasehold obligations; (2) the proposed transferee is a governmental organization or present occupant of the Property, or Landlord is otherwise engaged in lease negotiations with the proposed transferee for other premises in the Property; (3) any uncured event of default exists under this Lease (or a condition exists which, with the passage of time or giving of notice, would become an event of default); (4) any portion of the Building or Premises would likely become subject to additional or different Laws as a consequence of the proposed Transfer; (5) the proposed transferee’s use of the Premises conflicts with the Permitted Use or any exclusive usage rights granted to any other tenant in the Building; (6) the use, nature, business, activities or reputation in the business community of the proposed transferee (or its principals, employees or invitees) does not meet Landlord’s standards for Building tenants; (7) either the Transfer or any consideration payable to Landlord in connection therewith adversely affects the real estate investment trust qualification tests applicable to Landlord or its Affiliates; or (8) the proposed transferee is or has been involved in litigation with Landlord or any of its Affiliates. Tenant shall not be entitled to receive monetary damages based upon a claim that Landlord unreasonably withheld its consent to a proposed Transfer and Tenant’s sole remedy shall be an action to enforce any such provision through specific performance or declaratory judgment. Any attempted Transfer in violation of this Article is voidable at Landlord’s option.

  • No Governmental Consent or Approval Required No authorization, consent, approval or other order of, declaration to, or filing with, any governmental agency or body is required to be made or obtained by the Corporation for or in connection with the valid and lawful authorization, execution and delivery by the Corporation of this Agreement or for or in connection with the valid and lawful authorization, issuance, sale and delivery of the Celgene Shares, except exemptive filings under applicable securities laws, which are not required to be made until after the Closing and which shall be made on a timely basis.

  • Governmental Consent, etc No permit, consent, approval or authorization of, or declaration to or filing with, any governmental authority is required in connection with the execution, delivery and performance by the Company of this Agreement or the other agreements contemplated hereby, or the consummation by the Company of any other transactions contemplated hereby or thereby.

  • Amendment Requirements (a) Notwithstanding the provisions of Sections 13.1 and 13.2, no provision of this Agreement that establishes a percentage of Outstanding Units (including Units deemed owned by the General Partner) required to take any action shall be amended, altered, changed, repealed or rescinded in any respect that would have the effect of reducing such voting percentage unless such amendment is approved by the written consent or the affirmative vote of holders of Outstanding Units whose aggregate Outstanding Units constitute not less than the voting requirement sought to be reduced.

  • No Consent or Approval Required No consent, approval, authorization or order of, or filing, registration or qualification with, any court or governmental agency or body having jurisdiction over the Company or any of its Subsidiaries or any of their properties or assets is required for the issue and sale of the Shares, the execution, delivery and performance of this Agreement by the Company, the consummation of the transactions contemplated hereby, the application of the proceeds from the sale of the Shares as described under “Use of Proceeds” in the Registration Statement and the Prospectus, except for (i) the registration of the Shares under the Securities Act; (ii) such consents, approvals, authorizations, orders, filings, registrations or qualifications as may be required under the Exchange Act, and applicable state or foreign securities laws and/or the bylaws and rules of the Financial Industry Regulatory Authority (the “FINRA”) in connection with the sale of the Shares by the Agent; and (iii) the inclusion of the Shares on the Nasdaq Capital Market (the “Exchange”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!