Common use of Proposed Transferee Clause in Contracts

Proposed Transferee. In connection with the Landlord’s consideration of any request for its consent to an Assignment or Sublease, Landlord may consider the financial condition of the proposed assignee (“Proposed Transferee”), the Proposed Transferee’s experience in the operation and management of the property of the type subject to this Lease and the character and reputation of the Proposed Transferee. In connection with the foregoing, at such time as the Tenant shall request Landlord’s consent, Tenant shall provide Landlord with appropriate financial statements, including balance sheets and profit and loss statements, demonstrating the Proposed Transferee’s financial condition for the preceding three (3) years. In addition, the Tenant shall provide Landlord with such additional information as may be reasonably requested by Landlord to determine the character and reputation of the Proposed Transferee, as well as the Proposed Transferee’s experience in the operation and maintenance of property similar to the Premises.

Proposed Transferee. In connection with the Landlord’s consideration of any request for its consent to an Assignment or Sublease, Landlord may consider the financial condition of the proposed assignee (“Proposed Transferee”), the Proposed Transferee’s experience in the operation and management of the property of the type subject to this Lease and the character and reputation of the Proposed Transferee. In connection with the foregoing, at such time as the Tenant shall request LandlordXxxxxxxx’s consent, Tenant shall provide Landlord with appropriate financial statements, including balance sheets and profit and loss statements, demonstrating the Proposed Transferee’s financial condition for the preceding three (3) years. In addition, the Tenant shall provide Landlord with such additional information as may be reasonably requested by Landlord Xxxxxxxx to determine the character and reputation of the Proposed Transferee, as well as the Proposed Transferee’s experience in the operation and maintenance of property similar to the Premises.

Proposed Transferee. In connection with the Landlord’s consideration of any request for its consent to an Assignment or Sublease, Landlord may consider the financial condition of the proposed assignee (“Proposed Transferee”), the Proposed Transferee’s experience in the operation and management of the property of the type subject to this Lease and the character and reputation of the Proposed Transferee. In connection with the foregoing, at such time as the Tenant shall request LandlordXxxxxxxx’s consent, Tenant shall provide Landlord with appropriate financial statements, including balance sheets and profit and loss statements, demonstrating the Proposed Transferee’s financial condition for the preceding three (3) years. In addition, the Tenant shall provide Landlord with such additional information as may be reasonably requested by Landlord to determine the character and reputation of the Proposed Transferee, as well as the Proposed Transferee’s experience in the operation and maintenance of property similar to the Premises.