Landlord’s Recapture Right. The Transfer Notice shall be deemed an offer from Tenant to Landlord whereby Landlord (or Landlord’s designee) may, at its option, terminate this Lease as to all or the affected portion of the Premises (as the case may be) as of the effective date of the proposed Transfer. Landlord may exercise its recapture right by notice to Tenant at any time within thirty (30) days after Landlord’s receipt of Tenant’s Transfer Notice; and during such thirty-day period Tenant shall not assign this Lease nor sublet such space to any person.
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Samples: Office Lease (Day One Biopharmaceuticals Holding Co LLC), Office Lease (ESSA Pharma Inc.), Office Lease (Sunesis Pharmaceuticals Inc)
Landlord’s Recapture Right. The Transfer Notice shall be deemed an offer from Tenant to Landlord whereby Landlord (or Landlord’s 's designee) may, at its option, terminate this Lease as to all or the affected portion of the Premises (as the case may be) as of the effective date of the proposed Transfer. Landlord may exercise its recapture right by notice to Tenant at any time within thirty (30) days after Landlord’s 's receipt of Tenant’s 's Transfer Notice; and during such thirty-day period Tenant shall not assign this Lease nor sublet such space to any person.
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