Common use of Conditions to Consent Clause in Contracts

Conditions to Consent. Landlord reserves the right to condition any approval to assignee sublet upon Landlord’s determination that (a) the proposed assignee or subtenant shall conduct a business on the Premises of a quality substantially equal to that of Tenant and consistent with the general character of the other occupants of the Office Building Project and not in violation of any exclusives or rights then held by other tenants, and (b) the proposed assignee or subtenant be at least as financially responsible as Tenant was expected to be at the time of the execution of this Lease or of such assignment or subletting, whichever is greater.

Appears in 3 contracts

Samples: Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.)

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Conditions to Consent. Landlord reserves the right to condition any approval to assignee assign or sublet upon Landlord’s determination that (a) the proposed assignee or subtenant shall conduct a business on the Premises of a quality substantially equal to that of Tenant and consistent with the general character of the other occupants of the Office Building Project and not in violation of any exclusives or rights then held by other tenants, and (b) the proposed assignee or subtenant be at least as financially responsible and have a similar net worth as Tenant was expected to be at the time of the execution of this Lease or of such assignment or subletting, whichever is greater.

Appears in 1 contract

Samples: Standard Office Lease (Pacific Crest Capital Inc)

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Conditions to Consent. Landlord reserves the right to condition condition. any approval to assignee assign or sublet upon Landlord’s 's determination that (ai) the proposed assignee or subtenant shall conduct a business on the Premises of a quality substantially equal to that of Tenant and consistent with the general character of the other occupants of the Office Building Project and not in violation of any exclusives or rights then held by other tenantsBuilding, and (bii) the proposed assignee or subtenant be at least as financially responsible as Tenant was expected to be at the time of the execution of this Lease or of such assignment or subletting, whichever is greater.

Appears in 1 contract

Samples: Building Lease (AcuNetx, Inc.)

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