Common use of LANDLORD'S RIGHTS ON PROPOSED SUBLETTING OR ASSIGNMENT Clause in Contracts

LANDLORD'S RIGHTS ON PROPOSED SUBLETTING OR ASSIGNMENT. In the event Tenant desires to sublet or assign this Lease in whole or in part, other than to a Tenant Affiliated Entity, for which express Consent is given in paragraph 9.01, then Landlord shall have the right of first refusal against such subletting or assignment in accordance with the further provisions of this paragraph. Tenant shall give Landlord Notice of the terms of any bona fide offer to sublet or assign pursuant to which Tenant desires to consummate a subletting or assignment, which terms shall not include consideration for the subrent or assignment price in anything other than cash and shall not include the subrental or assignment of any premises other than all or a portion of the Leased Premises. Landlord shall have 10 days after the Notice from Tenant to notify Tenant of Landlord's acceptance of said subletting or assignment terms. If Landlord shall not exercise Landlord's right of refusal within the 10 day time period, the subletting or assignment shall be free of Landlord's refusal right contained in this paragraph as to a subletting or assignment on the terms contain in the Notice from Tenant, provided that such assignment or sublease is executed and commences within not more than 180 days after Tenant's aforementioned Notice to Landlord. If Tenant wishes to sublet or assign at a lower rent, more favorable terms to the assignee or subtenant or outside of said 60 day period, Tenant must again Notice to Landlord the terms of any such bona fide offer acceptable to Tenant and the above process shall be repeated.

LANDLORD'S RIGHTS ON PROPOSED SUBLETTING OR ASSIGNMENT. In the event Tenant desires to sublet or assign this Lease in whole or in part, other than to a Tenant Affiliated Entity, for which express Consent is given in paragraph 9.01, then Landlord shall have the right of first refusal against such subletting or assignment in accordance with the further provisions of this paragraph. Tenant shall give Landlord Notice of the terms of any bona fide offer to sublet or assign pursuant to which Tenant desires to consummate a subletting or assignment, which terms shall not include consideration for the subrent or assignment price in anything other than cash and shall not include the subrental or assignment of any premises other than all or a portion of the Leased Premises. Landlord shall have 10 15 days after the Notice from Tenant to notify Tenant of Landlord's acceptance of said subletting or assignment terms. If Landlord shall not exercise Landlord's right of refusal within the 10 15 day time period, the subletting or assignment shall be free of Landlord's refusal right contained in this paragraph as to a subletting or assignment on the terms contain contained in the Notice from Tenant, provided that such assignment or sublease is executed and commences within not more than 180 60 days after Tenant's aforementioned Notice to Landlord. If Tenant wishes to sublet or assign at a lower rent, more favorable terms to the assignee or subtenant or outside of said 60 day period, . Tenant must again Notice to Landlord the terms of any such bona fide offer acceptable to Tenant and the above process shall be repeated.

LANDLORD'S RIGHTS ON PROPOSED SUBLETTING OR ASSIGNMENT. In the event Tenant desires to sublet or assign this Lease in whole or in part, other than to a Tenant Affiliated Entity, for which express Consent is given in paragraph 9.01, then Landlord shall have the right of first refusal against such subletting or assignment in accordance with the further provisions of this paragraph. Tenant shall give Landlord Notice of the terms of any bona fide offer to sublet or assign pursuant to which Tenant desires to consummate a subletting or assignment, which terms shall not include consideration for the subrent or assignment price in anything other than cash and shall not include the subrental or assignment of any premises other than all or a portion of the Leased Premises. Landlord shall have 10 15 days after the Notice from Tenant to notify Tenant of Landlord's acceptance of said subletting or assignment terms. If Landlord shall not exercise Landlord's right of refusal within the 10 15 day time period, the subletting or assignment shall be free of Landlord's refusal right contained in this paragraph as to a subletting or assignment on the terms contain in the Notice from Tenant, provided that such assignment or sublease is executed and commences within not more than 180 60 days after Tenant's aforementioned Notice to Landlord. If Tenant wishes to sublet or assign at a lower rent, more favorable terms to the assignee or subtenant or outside of said 60 day period, Tenant must again Notice to Landlord the terms of any such bona fide offer acceptable to Tenant and the above process shall be repeated.

LANDLORD'S RIGHTS ON PROPOSED SUBLETTING OR ASSIGNMENT. In the event Tenant desires to sublet or assign this Lease in whole or in part, other than to a Tenant Affiliated Entity, for which express Consent is given in paragraph 9.01, then Landlord shall have the right of first refusal against such subletting or assignment in accordance with the further provisions of this paragraph. Tenant shall give Landlord Notice of the terms of any bona fide offer to sublet or assign pursuant to which Tenant desires to consummate a subletting or assignment, which terms shall not include consideration for the subrent or assignment price in anything other than cash and shall not include the subrental subrent or assignment of any premises other than all or a portion of the Leased Premises. Landlord shall have 10 15 days after the Notice from Tenant to notify Tenant of Landlord's acceptance of said subletting or assignment terms. If Landlord shall not exercise Landlord's right of refusal within the 10 15 day time period, the subletting or assignment shall be free of Landlord's refusal right contained in this paragraph as to a subletting or assignment on the terms contain in the Notice from Tenant, provided that such assignment or sublease is executed and commences within not more than 180 60 days after Tenant's aforementioned Notice to Landlord. If Tenant wishes to sublet or assign at a lower rent, more favorable terms to the assignee or subtenant or outside of said 60 day period, Tenant must again Notice to Landlord the terms of any such bona fide offer acceptable to Tenant and the above process shall be repeated.