Common use of Justified Refusal Clause in Contracts

Justified Refusal. The Lessor may refuse to consent to the proposed sublease or assignment of the Lease, for any serious reason, including, without limitation: 13.4.1 failure to provide the information or documents required pursuant to Article 16.3; 13.4.2 the poor reputation, lack of business experience or lack of commercial success of the proposed sub-lessee or assignee; 13.4.3 if the use which the proposed assignee or sublessee intends to make of the Leased Premises is in conflict, in whole or in part, with any exclusivity right then already granted by the Lessor to another lessee in the Building; or is incompatible with the image, character or quality of the Building; 13.4.4 if the proposed assignee or sublessee is already a lessee or occupant of the Building and other space is available for such party in the Building or will become available within the next following six ( 6 ) months; or 13.4.5 if the proposed assignee or sublessee does not intend to physically occupy the Leased Premises and actively operate its business therein in good faith; or 13.4.6 if the proposed assignment or sublease becomes effective before the date on which the Lessee has physically occupied the Leased Premises and commenced to actively operate its business therein in good faith. 13.4.7 if the Lessor has reasonable grounds to believe that the proposed assignee or sublessee does not have the financial capacity to meet all its obligations, including, without limitation, the obligations of the Lessee towards the Lessor under the Lease.

Justified Refusal. The Lessor may refuse to consent to the proposed sublease or assignment of the Lease, for any serious reason, including, without limitation: 13.4.1 16.4.1 failure to provide the information or documents required pursuant to Article 16.3; 13.4.2 16.4.2 the poor reputation, lack of business experience or lack of commercial success of the proposed sub-lessee or assignee; 13.4.3 16.4.3 if the use which the proposed assignee or sublessee intends to make of the Leased Premises is in conflict~ sin confflct, in whole or in part, with any exclusivity right then already granted by the Lessor to another lessee in the Building; or is incompatible with the image, character or quality of the Building;; * Parties stipulate that XXXXXXXXXXXXXXX.XXX CM INC. may sublet part of the Premises from the lessee, subject to Article 16 of the lease. -------------------------------------------------------------------------------- SITQ IMMOBILIER -------------------------------------------------------------------------------- 13.4.4 16.4.4 if the proposed assignee or sublessee is already a lessee or occupant of the Building and other space is available for such party in the Building or will become available within the next following six ( 6 (6) months; or 13.4.5 16.4.5 if the proposed assignee or sublessee does not intend to physically occupy the Leased Premises and actively operate its business therein in good faith; or 13.4.6 16.4.6 if the proposed assignment or sublease becomes effective before the date on which the Lessee has physically occupied the Leased Premises and commenced to actively operate its business therein in good faith.; or 13.4.7 16.4.7 if the Lessor has reasonable grounds to believe beleive that the proposed assignee or sublessee does not have the financial capacity to meet all its obligations, including, without limitation, the obligations of the Lessee towards the Lessor under the Lease.

Justified Refusal. The Lessor may refuse to consent to the proposed sublease or assignment of the Lease, for any serious reason, including, without limitation: 13.4.1 16.4.1 failure to provide the information or documents required pursuant to Article 16.3; 13.4.2 16.4.2 the poor reputation, lack of business experience or lack of commercial success of the proposed sub-lessee or assignee; 13.4.3 16.4.3 if the use which the proposed assignee or sublessee intends to make of the Leased Premises is in conflict, in whole or in part, with any exclusivity right then already granted by the Lessor to another lessee in the Building; or is incompatible with the image, character or quality of the Building; 13.4.4 16.4.4 if the proposed assignee or sublessee is already a lessee or occupant of the Building and other space is available for such party in the Building or will become available within the next following six ( 6 ) months; or 13.4.5 16.4.5 if the proposed assignee or sublessee does not intend to physically occupy the Leased Premises and actively operate its business therein in good faith; or 13.4.6 16.4.6 if the proposed assignment or sublease becomes effective before the date on which the Lessee has physically occupied the Leased Premises and commenced to actively operate its business therein in good faith. 13.4.7 16.4.7 if the Lessor has reasonable grounds to believe that the proposed assignee or sublessee does not have the financial capacity to meet all its obligations, including, without limitation, the obligations of the Lessee towards the Lessor under the Lease.