Common use of Deemed Transfers Clause in Contracts

Deemed Transfers. If Tenant is a corporation, an unincorporated association, a limited liability company or a partnership, the transfer, assignment or hypothecation of twenty-five percent (25%) or more of any stock or interest in such corporation, association, limited liability company or partnership shall be deemed a transfer within the meaning of and subject to the provisions of this Article 19.

Appears in 5 contracts

Samples: Office Lease (Fresh Medical Laboratories, Inc.), Office Lease (Ip Voice Com Inc), Office Lease (Dimensional Visions Inc/ De)

AutoNDA by SimpleDocs

Deemed Transfers. If Tenant is a corporation, an unincorporated ---------------- association, a limited liability company or a partnership, the transfer, assignment or hypothecation of twenty-five percent (25%) or more of any stock or interest in such corporation, association, limited liability company or partnership shall be deemed a transfer within the meaning of and subject to the provisions of this Article 19.. ----------

Appears in 1 contract

Samples: Office Lease (Argosy Education Group Inc)

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