Common use of Effect on Options Clause in Contracts

Effect on Options. Any renewal, expansion, right of opportunity or similar option(s) granted to Tenant in this Lease or in any amendments to this Lease, to the extent that such option(s) have not been exercised, shall terminate and be voided in the event this Lease is assigned or two or more Floors of the Premises are sublet, or Tenant’s interest in the Premises are otherwise transferred, unless otherwise agreed to by Landlord.

Appears in 2 contracts

Samples: Office Lease, Office Lease (Zillow Inc)

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Effect on Options. Any Except in the event of a transfer to a Permitted Transferee, any renewal, expansion, right of opportunity or similar option(s) granted to Tenant in this Lease or in any amendments to this Lease, to the extent that such option(s) have not been exercised, shall terminate and be voided in the event this Lease is assigned or two or more Floors of the entire Premises are sublet, or Tenant’s interest in the Premises are otherwise transferred, unless otherwise agreed to by Landlord.

Appears in 1 contract

Samples: Office Lease (Acucela Inc)

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Effect on Options. Any Except in the event of a transfer permitted under Article 10.6, any renewal, expansion, right of opportunity or similar option(s) granted to Tenant in this Lease or in any amendments to this Lease, to the extent that such option(s) have not been exercised, shall terminate and be voided in the event this Lease is assigned or more than two or more Floors (2) full floors of the Premises are sublet, or Tenant’s interest in the Premises are otherwise transferred, unless otherwise agreed to by Landlord.

Appears in 1 contract

Samples: Office Lease (Dendreon Corp)

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