Common use of Lease is Personal Clause in Contracts

Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 6 contracts

Samples: Office Lease (Terns Pharmaceuticals, Inc.), Office Lease (Quotient Technology Inc.), Office Lease (Heritage Commerce Corp)

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Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 4 contracts

Samples: Office Lease (Sphere 3D Corp), Office Lease (Biotie Therapies Corp.), Office Lease (Insweb Corp)

Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s 's personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to othersothers except to the extent permitted herein.

Appears in 2 contracts

Samples: Office Lease (Kronos Bio, Inc.), Office Lease (Kronos Bio, Inc.)

Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s 's personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 1 contract

Samples: Office Lease (Witness Systems Inc)

Lease is Personal. The purpose of this Lease is to transfer ----------------- possession of the Leased Premises to Tenant for Tenant’s 's personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 1 contract

Samples: Office Lease (Blaze Software Inc)

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Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s 's personal use in return for certain benefits, including rentRent, to be transferred to the Landlord. Tenant's right to assign or sublet as stated in this Article is subsidiary and incidental to the underlying purpose of this Lease. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 1 contract

Samples: 6 Lease Agreement (First Virtual Holding Inc)

Lease is Personal. The purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 1 contract

Samples: Office Lease (Webex Communications Inc)

Lease is Personal. The Except as specifically provided to the contrary in this Article 21, the purpose of this Lease is to transfer possession of the Leased Premises to Tenant for Tenant’s personal use in return for certain benefits, including rent, to be transferred to the Landlord. Tenant acknowledges and agrees that it has entered into this Lease in order to occupy the Leased Premises for its own personal use and not for the purpose of obtaining the right to assign or sublet the leasehold to others.

Appears in 1 contract

Samples: Lease (Fibrogen Inc)

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