Common use of Permitted Transfers to Affiliates Clause in Contracts

Permitted Transfers to Affiliates. Notwithstanding the foregoing provisions of this Article 10 to the contrary, the assignment or subletting by Tenant of all or any portion of this Lease or the Premises to (a) a parent or subsidiary of Tenant, or (b) any person or entity which controls, is controlled by or under common control with Tenant, or (c) any entity which purchases all or substantially all of the assets of Tenant, or (d) a successor to Tenant or any of the foregoing entities by purchase, merger, consolidation or reorganization (all such persons or entities described in (a), (b), (c) and (d) being sometimes hereinafter referred to as “Affiliates”) shall not be deemed a Transfer under this Article 10, and thus shall not be subject to the requirement of obtaining Landlord’s consent thereto in Section 10.1, Landlord’s right to receive any Transfer Premium pursuant to Section 10.2(a) or Landlord’s recapture right pursuant to Section 10.3 above, provided that:

Appears in 2 contracts

Samples: Lease Agreement (Fusion-Io, Inc.), Lease Agreement (Fusion-Io, Inc.)

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Permitted Transfers to Affiliates. Notwithstanding the foregoing provisions of this Article 10 14 to the contrary, the assignment or subletting by Tenant of all or any portion of this Lease or the Premises to (ai) a parent or subsidiary of Tenant, or (bii) any person or entity which controls, is controlled by or under common control with Tenant, or (ciii) any entity which purchases all or substantially all of the assets and/or stock of Tenant, or (div) a successor to Tenant or any of the foregoing entities by purchase, merger, consolidation or reorganization (all such persons or entities described in (ai), (bii), (ciii) and (div) being sometimes hereinafter referred to as "Affiliates") shall not be deemed a Transfer under this Article 1014, and thus shall not be subject to the requirement of obtaining Landlord’s 's consent thereto in Section 10.1Sections 14.1 and 14.2 above, or Landlord’s 's right to receive any Transfer Premium pursuant to Section 10.2(a) 14.3 above, or Landlord’s recapture right pursuant to in Section 10.3 14.4 above, provided that:

Appears in 1 contract

Samples: Tenant Work Letter (Biotime Inc)

Permitted Transfers to Affiliates. Notwithstanding the foregoing provisions of this Article 10 14 to the contrary, the assignment or subletting by Tenant of all or any portion of this Lease or the Premises to (ai) a parent or subsidiary of Tenant, or (bii) any person or entity which controls, is controlled by or under common control with Tenant, or (ciii) any entity which purchases all or substantially all of the assets and/or stock of Tenant, or (div) a successor to Tenant or any of the foregoing entities by purchase, merger, consolidation or reorganization (all such persons or entities described in (ai), (bii), (ciii) and (div) being sometimes hereinafter referred to as "Affiliates") shall not be deemed a Transfer under this Article 1014, and thus shall not be subject to the requirement of obtaining Landlord’s 's consent thereto in Section 10.114.2 above, or Landlord’s 's right to receive any Transfer Premium pursuant to Section 10.2(a) 14.3 above or Landlord’s recapture right pursuant to any fees described in the last sentence of Section 10.3 14.1 above, provided that:

Appears in 1 contract

Samples: Office Lease (Sierra Oncology, Inc.)

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Permitted Transfers to Affiliates. Notwithstanding the foregoing provisions of this Article 10 14 to the contrary, the assignment or subletting by Tenant of all or any portion of this Lease or the Premises to (ai) a parent or subsidiary of Tenant, or (bii) any person or entity which controls, is controlled by or under common control with Tenant, or (ciii) any entity which purchases all or substantially all of the assets and/or stock of Tenant, or (div) a successor to Tenant or any of the foregoing entities by purchase, merger, consolidation or reorganization (all such persons or entities described in (ai), (bii), (ciii) and (div) being sometimes hereinafter referred to as “Affiliates”) shall not be deemed a Transfer under this Article 1014, and thus shall not be subject to the requirement of obtaining Landlord’s consent thereto in Section 10.114.2 above, or Landlord’s right to receive any Transfer Premium pursuant to Section 10.2(a) 14.3 above, or Landlord’s recapture right pursuant to in Section 10.3 14.4 above, provided that:

Appears in 1 contract

Samples: Escrow Agreement (Polycom Inc)

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