Common use of Options are Personal Clause in Contracts

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.

Appears in 2 contracts

Samples: Sublease Agreement (Innova Corporation), Lease Agreement (Lmi Aerospace Inc)

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Options are Personal. The option options to extend granted herein is are personal to the original Lessee executing this Lease 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 ’s strict compliance with the provisions hereof, including, including without limitation, the manner of exercise of this option.

Appears in 1 contract

Samples: Lease Addendum (Leslies Poolmart Inc)

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Options are Personal. The option to extend granted herein is personal to the original Lessee executing this Lease 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 LesseeLessee except to such Transferee when Xxxxxx’s consent is not required. Lessor grants the rights contained herein to Lessee in consideration of Lessee's Xxxxxx’s strict compliance with the provisions hereof, including, without limitation, the manner of exercise of this option.

Appears in 1 contract

Samples: Net Office Lease (Itex Corp)

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