Common use of No Bonus Value Clause in Contracts

No Bonus Value. It is the intent of the parties hereto that this Lease shall confer upon Lessee only the right to use and occupy the Premises, and, to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee may profit by a future transfer of this Lease, or as a result of any favourable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Dynasty Gaming Inc)

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No Bonus Value. It is the intent of the parties hereto that this Lease shall confer upon Lessee Tenant only the right to use and occupy the Premises, and, and to exercise such other rights as are conferred upon Lessee Tenant by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee Tenant may profit by a future transfer assignment or sublease of this Lease, Lease or the right to use or occupy the Promises as a result of any favourable favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of LessorLandlord.

Appears in 1 contract

Samples: Lease (Nhancement Technologies Inc)

No Bonus Value. It is the intent of the parties hereto that this Lease shall confer upon Lessee only the right to use and occupy the The Premises, and, and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee may profit by a future transfer Transfer of this Lease, Lease or the right to use or occupy The Premises as a result of any favourable favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of Lessor.. 22

Appears in 1 contract

Samples: Industrial Gross Lease (Copper Mountain Networks Inc)

No Bonus Value. It is the intent of the parties hereto that this Lease -------------- shall confer upon Lessee only the right to use and occupy the Premises, and, and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee may profit by a future transfer Transfer of this Lease, Lease or the right to use or occupy the Premises as a result of any favourable favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of Lessor, subject, however, to Addendum 15 attached hereto.

Appears in 1 contract

Samples: Office Lease (Inktomi Corp)

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No Bonus Value. It is the intent of the parties hereto that this -------------- Lease shall confer upon Lessee only the right to use and occupy the Premises, and, and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee may profit by a future transfer Transfer of this Lease, Lease or the right to use or occupy the Premises as a result of any favourable favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of Lessor.

Appears in 1 contract

Samples: Sublease (Inktomi Corp)

No Bonus Value. It is the intent of the parties hereto that this Lease shall confer upon Lessee Tenant only the right to use and occupy the Premises, and, and to exercise such other rights as are conferred upon Lessee Tenant by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee Tenant may profit by a future transfer Transfer of this Lease, Lease or the right to use or occupy the Premises as a result of any favourable favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value that may attach to this Lease shall be and remain the exclusive property of LessorLandlord.

Appears in 1 contract

Samples: Office Lease (QCS Net Corp)

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