OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Option granted to Lessee in this Lease is personal to the original Lessee, and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) and only while the original Lessee (or a transferee pursuant to a Permitted Transfer) is in full possession of the Premises.
Appears in 4 contracts
Samples: Commercial Lease (Ascend Wellness Holdings, LLC), Commercial Lease (Ascend Wellness Holdings, LLC), Commercial Lease (Ascend Wellness Holdings, LLC)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Each Option granted to Lessee in this Lease is personal to the original Lessee, any transferee under a transfer permitted under Section 59 of the Addendum without Lessor's consent hereinafter, a "Permitted Transferee"), and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) and only while the original Lessee (or a transferee pursuant to a any Permitted Transfer) Transferee is in full possession of at least 50% of the Premises.
Appears in 3 contracts
Samples: Standard Industrial/Commercial Single Tenant Lease (Digitalthink Inc), Building Lease (Sew Cal Logo Inc), Building Lease (Sew Cal Logo Inc)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Option granted to Lessee in this Lease is personal to the original Lessee, and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to except a Permitted TransferTransferee) and only while the original Lessee (or a transferee pursuant to a such Permitted TransferTransferee) is in full possession of the PremisesPremises and, if requested by Lessor, with Lessee certifying that Lessee has no intention of thereafter assigning or subletting.
Appears in 1 contract
Samples: Standard Industrial/Commercial Multi Tenant Lease (Nexsan Corp)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Each Option granted to Lessee or permitted Transferee in this Lease is personal to the original LesseeLessee or permitted Transferee, and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) permitted Transferee and only while the original Lessee (or a transferee pursuant to a Permitted Transfer) permitted Transferee is in full possession of the Premises.Premises and, if requested by Lessor, with Lessee certifying that Lessee has no intention of thereafter assigning or subletting
Appears in 1 contract
Samples: Single Tenant Lease (Micrel Inc)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Option granted to Lessee in this Lease is personal to the original Lessee, and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) and only while the original Lessee (or a transferee pursuant to a Permitted Transfer) is in full possession of the Premises.
Appears in 1 contract
Samples: Lease (Zenlabs Holdings Inc)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Each Option granted to Lessee in this Lease is personal to the original Lessee, and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) Transferee and only while the original Lessee (or a transferee pursuant to a Permitted Transfer) Transferee is in full possession of the PremisesPremises and, if requested by Lessor, with Lessee or a Permitted Assignee, as applicable, certifying that Lessee has no intention of thereafter assigning or subletting.
Appears in 1 contract
Samples: Lease Agreement (Converse Inc)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Each Option granted to Lessee in this Lease is personal to the original Lessee, any transferee under a transfer permitted under Section 59 of the Addendum without Lessor's consent hereinafter, a "Permitted Transferee"), and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) and only while the original Lessee (or a transferee pursuant to a any Permitted Transfer) Transferee is in full possession of at least 50% of the Premises.. EXHIBIT 3.5 - continued
Appears in 1 contract
Samples: Building Lease (Sew Cal Logo Inc)
OPTIONS PERSONAL TO ORIGINAL LESSEE. Any Each Option granted to Lessee in this Lease is personal to the original Lessee, any transferee under a transfer permitted under Section 59 of the Addendum without Lessor's consent hereinafter, a "Permitted Transferee"), and cannot be assigned except in connection with a Permitted Transfer, or exercised by anyone other than said original Lessee (or a transferee pursuant to a Permitted Transfer) and only while the original Lessee (or a transferee pursuant to a any Permitted Transfer) Transferee is in full possession of at least 50% of the Premises.. OPTIONS - continued
Appears in 1 contract
Samples: Building Lease (Sew Cal Logo Inc)
