Common use of Permitted Assignments/Subleases Clause in Contracts

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, Tenant; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant and continues the same Permitted Use as provided under Section 4.

Appears in 3 contracts

Samples: Office Lease (Medquist Inc), Office Lease (CBaySystems Holdings LTD), Office Lease (CBaySystems Holdings LTD)

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Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s 's consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s 's assets as a going concern of the business that is being conducted on the Premises; provided provided, however, that the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section Article 4.

Appears in 2 contracts

Samples: Short Term Office Lease (NephroGenex, Inc.), Short Term Office Lease (NephroGenex, Inc.)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, Tenant; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided provided, however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section Article 4.

Appears in 2 contracts

Samples: Office Lease (G1 Therapeutics, Inc.), Office Lease (G1 Therapeutics, Inc.)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section 4Use. Tenant shall give Landlord notice of all permitted assignments and subleases.

Appears in 2 contracts

Samples: Office Lease (Active Network Inc), Office Lease (Spherix Inc)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section 44 of the Lease.

Appears in 1 contract

Samples: Lease Agreement (PBSJ Corp /Fl/)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s 's consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, Tenant; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s 's assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant and continues the same Permitted Use as provided under Section 4.

Appears in 1 contract

Samples: Office Lease (Spheris Inc.)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided provided, however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section Article 4.

Appears in 1 contract

Samples: Office Lease (Comprehensive Care Corp)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s 's consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, Tenant; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s 's assets as a going concern of the business that is being conducted on the PremisesPremises (each such transfer shall be referred to herein as a "Permitted Transfer"); provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section 4.

Appears in 1 contract

Samples: Office Lease (Autobytel Inc)

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Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets or stock as a going concern of the business that is being conducted on the Premises; provided provided, however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant, is as creditworthy as the Tenant as of the Commencement Date, and continues the same Permitted Use as provided under Section Article 4.

Appears in 1 contract

Samples: Office Lease (Clearside Biomedical, Inc.)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s 's consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s 's assets as a going concern of the business that is being conducted on the Premises; provided provided, however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section Article 4.

Appears in 1 contract

Samples: Office Lease (Surgery Partners, Inc.)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s 's consent to: (iI) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the ~Commencement Date; or (ii!I) any corporation or limited liability company resulting from the merger or consolidation with Tenant withTenant or to any entity that acquires all of Tenant’s 's assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the7enant, and continues the same Permitted Use as provided under Section 4.

Appears in 1 contract

Samples: Office Lease (XRG Inc)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section 4.

Appears in 1 contract

Samples: Office Lease (Accentia Biopharmaceuticals Inc)

Permitted Assignments/Subleases. Notwithstanding the foregoing, Tenant may assign this Lease or sublease part or all of the Premises without Landlord’s consent to: (i) any corporation, limited liability company, or partnership that controls, is controlled by, or is under common control with, TenantTenant at the Commencement Date; or (ii) any corporation or limited liability company resulting from the merger or consolidation with Tenant or to any entity that acquires all of Tenant’s assets as a going concern of the business that is being conducted on the Premises; provided however, the assignor remains liable under the Lease and the assignee or sublessee is a bona fide entity and assumes the obligations of Tenant Tenant, is as creditworthy as the Tenant, and continues the same Permitted Use as provided under Section 43.

Appears in 1 contract

Samples: Service Center Building Lease (Digital Lightwave Inc)

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