Common use of FORM OF TRANSFER Clause in Contracts

FORM OF TRANSFER. If Landlord consents to a proposed assignment or sublease, Landlord’s consent will not be effective unless and until Tenant delivers to Landlord an original duly executed assignment or sublease, as the case may be, that provides, in the case of a sublease, that the sublease is subject and subordinate to this Lease and the subtenant will comply with all applicable terms and conditions of this Lease and, in the case of an assignment, an assumption by the assignee of all of the obligations which this Lease requires Tenant to perform and an acknowledgment by Tenant that it remains liable for the performance of all of such obligations.

Appears in 3 contracts

Samples: Lease Agreement (eHealth, Inc.), Lease Agreement (Exelixis, Inc.), Lease Agreement (Singulex Inc)

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FORM OF TRANSFER. If Landlord consents to a proposed assignment or sublease, Landlord’s consent will not be effective unless and until Tenant delivers to Landlord an original duly executed assignment or sublease, as the case may be, that provides, in the case of a sublease, that the sublease is subject and subordinate to this Lease and the subtenant will comply with all applicable terms and conditions of this Lease and, in the case of an assignment, an assumption by the assignee of all of the obligations terms, covenants and conditions which this Lease requires Tenant to perform and an acknowledgment by Tenant that it remains liable for the performance of all of such obligationsperform.

Appears in 3 contracts

Samples: Office Lease Agreement (Biovest International Inc), Office Lease Agreement (Intellon Corp), Lease Agreement (Encision Inc)

FORM OF TRANSFER. If Landlord consents or is required by this Lease to consent to a proposed assignment or sublease, Landlord’s 's consent will not be effective unless and until Tenant delivers to Landlord an original duly executed assignment or sublease, as the case may be, in a form reasonably acceptable to Landlord, that provides, in the case of a sublease, that the sublease is subject and subordinate to this Lease and the subtenant will comply with all applicable terms and conditions of this Lease Lease, and, in the case of an assignment, an assumption by the assignee of all of the obligations terms, covenants and conditions which this Lease requires Tenant to perform and an acknowledgment by Tenant that it remains liable for perform, but only with respect to such performance as first required after the performance of all effective date of such obligationsassignment.

Appears in 1 contract

Samples: Office Lease Agreement (S1 Corp /De/)

FORM OF TRANSFER. If Landlord consents to a proposed assignment or sublease, sublease Landlord’s 's consent will not be effective unless and until Tenant delivers to Landlord an original duly executed assignment or sublease, as the case may be, that provides, in the case of a sublease, that the sublease is subject and subordinate to this Lease and the subtenant will comply with all applicable terms and conditions of this Lease and, in the case of an assignment, an assumption by the assignee of all of the obligations which this Lease requires Tenant to perform and an acknowledgment by Tenant that it remains liable for the performance of all of such obligations.

Appears in 1 contract

Samples: Sublease (Pennaco Energy Inc)

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FORM OF TRANSFER. If Landlord consents to a proposed assignment or sublease, Landlord’s 's consent will not be effective unless and until Tenant delivers to Landlord an original duly executed assignment or sublease, as the case may be, that provides, in the case of a sublease, that the sublease is subject and subordinate to this Lease and the subtenant will comply with all applicable terms and conditions of this Lease and, in the case of an assignment, an assumption by the assignee of all of the obligations which this Lease requires Tenant to perform and an acknowledgment by Tenant that it remains liable for the performance of all of such obligations.

Appears in 1 contract

Samples: Lease Agreement (Glacier Corp)

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