Options are Personal Sample Clauses

Options are Personal. The option to extend granted herein is personal to the original Tenant and any Affiliated Corporation executing this Lease and notwithstanding anything to the contrary contained in the Lease, the rights contained in this Addendum are not assignable or transferable by such original Tenant except to any Affiliated Corporation as permitted under Paragraph 12A. Landlord grants the rights contained herein to Tenant in consideration of Tenant’s strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.
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Options are Personal. The option to extend granted herein is personal to the original Lessee executing this Lease and notwithstanding anything to the contrary contained in the Lease, the rights contained in this Addendum are not assignable or transferable by such original Lessee. Lessor grants the rights contained herein to Lessee in consideration of Lessee's strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.
Options are Personal. The option to extend granted herein is personal to the original Tenant, or such Transferee where Landlord’s consent is not required, executing this Lease and notwithstanding anything to the contrary contained in the Lease, the rights contained in Paragraphs A and B of this Addendum are not assignable or transferable by such original Tenant except to such transferee when Landlord’s consent is not required. Landlord grants the rights contained herein to Tenant in consideration of Tenant’s strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.
Options are Personal. The Options to Renew granted to Tenant in this Article are personal to Tenant named herein, except to Tenant affiliates and successors, cannot be assigned to a third party as part of an assignment of this Lease and can only be exercised by the Tenant named herein if the named Tenant is in actual physical occupancy of the Premises on the date that Tenant exercises the Option to Renew. At any time that Tenant ceases to physically occupy in excess of one-half of the Premises, the Option to Renew set forth in this Article shall automatically terminate.
Options are Personal. Except as permitted in Paragraph 15.10, the Options to Extend are Personal to the Tenant executing this Lease and are otherwise not assignable or transferrable to the benefit of any transferee.
Options are Personal. The Options granted to Tenant are personal to the Original Tenant or any Permitted Transferee to whom this Lease has been assigned. The Options herein granted to Tenant are not assignable separate and apart from this Lease, nor may the Options be separated from this Lease in any manner, either by reservation or otherwise. C.
Options are Personal. The Extension Options granted herein are personal to the Lessee, and notwithstanding anything to the contrary contained in this Lease, the Extension Options are assignable or transferable only in accordance with the provisions contained in Article 21 hereof. Lessor grants the rights contained herein to Lessee in consideration of Lessee's strict compliance with the provisions hereof, including, without limitation, the manner of exercise of the Extension Options.
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Options are Personal. The option to extend granted herein is personal to original Lessee executing this Lease, or such Transferee where Xxxxxx’s consent is not required, and notwithstanding anything to the contrary contained in the Lease, the rights contained in this Addendum are not assignable or transferable by such original Lessee except to such Transferee when Xxxxxx’s consent is not required. Lessor grants the rights contained herein to Lessee in consideration of Xxxxxx’s strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.
Options are Personal. The options to extend granted herein are personal to the Adaptec, Inc. and to Adaptec's permitted affiliates as described in subsection 14(h) and notwithstanding anything to the contrary contained in the Lease, the rights contained in this Section 39 are not assignable or transferable by Adaptec, Inc. Landlord grants the rights contained herein to Tenant in consideration of Tenant's strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.

Related to Options are Personal

  • Nontransferability of Award and Shares The Award, and any Award payout, shall not be transferable (including by sale, assignment, pledge or hypothecation) other than by will or the laws of intestate succession. The designation of a beneficiary in accordance with Plan procedures does not constitute a transfer; provided, however, that unless disclaimer provisions are specifically included in a beneficiary designation form accepted by the Administrator, no beneficiary of the Participant may disclaim the Award.

  • Nontransferability of Awards Except as provided in Section 5 or as otherwise permitted by the Committee, you may not sell, transfer, pledge, assign or otherwise alienate or hypothecate any of your Performance Shares, and all rights with respect to your Performance Shares are exercisable during your lifetime only by you.

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