Entity Ownership. The cumulative transfer of an aggregate of 50% or more of the voting interests in a Tenant entity, including by creation or issuance of new ownership interests (except as the result of transfers by gift or inheritance and except for transfers of interests in publicly traded entities) shall be deemed a Transfer of this Lease.
Appears in 5 contracts
Samples: Sublease Agreement (ArcherDX, Inc.), Office Lease (ArcherDX, Inc.), Office Lease (ArcherDX, Inc.)
Entity Ownership. The cumulative transfer of an aggregate of 50% or more of the voting ownership interests in a Tenant entity, including by creation or issuance of new ownership interests (except as the result of transfers by gift or inheritance and except for transfers of interests in publicly traded entities) shall be deemed a Transfer of this Lease.
Appears in 2 contracts
Samples: Office Lease (Bsquare Corp /Wa), Office Lease
Entity Ownership. The Except as permitted by Section 1A, the cumulative transfer of an aggregate of 50% or more of the voting interests in a Tenant entity, including by creation or issuance of new ownership interests (except as the result of transfers by gift or inheritance and except for transfers of interests in publicly traded entities) shall be deemed a Transfer of this Lease.
Appears in 2 contracts
Samples: Office Lease (Seagen Inc.), Office Lease (Seattle Genetics Inc /Wa)
