Common use of Change in Control of Tenant Clause in Contracts

Change in Control of Tenant. (a) If the Tenant is a corporation but none of its shares are traded on any public stock exchange or in any public stock market, and if by the sale or other disposition, bequest or operation of law of its shares or securities the control or the beneficial ownership of such corporation is changed at anytime during the Term of this Lease, such change shall be deemed to be an assignment of this Lease within the meaning of Section 10.02. If such control or beneficial ownership is changed without the prior written consent of the Landlord, the Landlord may, at its option, cancel the Lease and the Term hereby granted upon the giving of sixty {60) days' notice to the Tenant of its intention to cancel and this Lease and the Term shall thereupon be cancelled.

Change in Control of Tenant. (a) If the Tenant is Is a private corporation but none of its shares are traded on any public stock exchange or in any public stock market, and if by the sale or other disposition, bequest or operation of law disposition of its shares or securities the control or of the beneficial ownership of such corporation is changed at anytime any time after the execution of this Lease or during the Term of this LeaseTerm, such change shall be deemed to be an assignment of this the Lease within the meaning of Section 10.02this Article. If such control or beneficial ownership is Is changed without the prior written consent of the Landlord, the Landlord may, at its option, cancel the Lease and the Term hereby granted upon the giving of sixty {(60) days' days notice to the Tenant of its intention to cancel and this Lease and the Term shall thereupon be cancelled.;

Change in Control of Tenant. (a) If the Tenant is a private corporation but none of its shares are traded on any public stock exchange or in any public stock market, and if by the sale or other disposition, bequest or operation of law of its shares or securities the control or the beneficial ownership of such corporation is changed at anytime any time during the Term of this Lease, such change shall be deemed to be an assignment of this the Lease within the meaning of Section section 10.02. If such control or beneficial ownership is changed without the prior written consent of the Landlord, (WHICH CONSENT WILL NOT BE UNREASONABLY WITHHELD), the Landlord may, at its option, cancel the Lease and the Term hereby granted upon the giving of sixty {60) days' 60 days notice to the Tenant of its intention to cancel and this Lease and the Term shall thereupon be cancelled.

Change in Control of Tenant. (a) If the Tenant is a corporation but none of its shares are traded on any public stock exchange or in any public stock market, and if by the sale or other disposition, bequest or operation of law or by the sale, bequest, or other disposition of its shares or securities the control or the beneficial ownership of such corporation is changed at anytime any time during the Term of this Lease, such change shall be deemed to be an assignment of this Lease within the meaning of Section 10.02clause 9.2. If such control or beneficial ownership is changed without the prior written consent of the Landlord, the Landlord may, at its option, cancel the this Lease and the Term hereby granted upon the giving of sixty {60) days' notice to the Tenant of its intention to cancel cancel, and this Lease and the Term shall thereupon be cancelled.

Change in Control of Tenant. (a) If the Tenant is a private corporation but none of its shares are traded on any public stock exchange or in any public stock market, and if by the sale or other disposition, bequest or operation of law of its shares or securities the control or the beneficial ownership of such corporation is changed at anytime any time during the Term of this Lease, such change shall be deemed to be an assignment of this the Lease within the meaning of Section section 10.02. If such control or beneficial ownership is changed without the prior written consent of the Landlord, the Landlord may, at its option, cancel the Lease and the Term hereby granted upon the giving of sixty {60) days' 60 days notice to the Tenant of its intention to cancel and this Lease and the Term shall thereupon be cancelled.