Common use of Reasonable Standards of Consent Clause in Contracts

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (h) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's Agent or other tenants; (i) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (j) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Techteam Global Inc)

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Reasonable Standards of Consent. Tenant acknowledges that Landlord, in -------------------------------- considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/assignee/ transferee must be acceptable to Landlord in Landlord's reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's Agent or other tenants; (i) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (jg) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met conditioned by the proposed subtenant/assignee/transfereeLandlord that such default be cured. .

Appears in 1 contract

Samples: Office Building Lease (Cais Internet Inc)

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial Financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's ’s reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthycreditworthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's ’s Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's ’s Agent or other tenants; (ig) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (jh) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Micromet, Inc.)

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's ’s reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, withhold withheld or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {(or an affiliate of, or be related toto , a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's ’s Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (h) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's ’s Agent or other tenants; (i) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (j) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Spherix Inc)

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthycreditworthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's Agent or other tenants; (ig) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (jh) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Net2000 Communications Inc)

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Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's Agent or other tenants; (ig) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (jh) In the event Tenant is in default, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Otg Software Inc)

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/transferee must be acceptable to Landlord in Landlord's ’s reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall reasonably request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's ’s Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's ’s Agent or other tenants; (ig) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee; (jh) In the event Tenant is in default, beyond any applicable cure period, consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (TRX Inc/Ga)

Reasonable Standards of Consent. Tenant acknowledges that Landlord, in considering whether to grant or withhold consent required of Landlord pursuant to this Section 4, shall be entitled to apply any or all of the following criteria: (a) The financial strength of proposed subtenant/assignee/assignee/ transferee must be acceptable to Landlord in Landlord's reasonable discretion based on adequate current and historical financial information given by Tenant. Landlord shall be entitled to receive, and Tenant shall deliver or cause others to deliver, such guarantees, collateral and other security as Landlord shall request in conjunction with any prospective sublease, assignment or other transfer. Failure to provide such financial information, guarantees, collateral and other security shall be grounds for Landlord to, to withhold or deny consent; (b) The proposed subtenant/assignee/transferee must have a good reputation in the business community and must be credit-worthy; (c) Use of the Demised Premises by the proposed subtenant/assignee/assignee/ transferee must be identical to the use permitted by this Lease; (d) Use of the Demised Premises by the proposed subtenant/assignee/assignee/ transferee shall not violate or create any potential violation of any laws and must be in keeping with the character of the Building and the Complex; (e) The proposed subtenant/assignee/transferee shall not be a party by whom any suit or action could be defended on the grounds of sovereign immunity; (f) The proposed subtenant/assignee/transferee shall not be (i) an existing occupant of the Building or the Complex (or an affiliate of, or be related to, an existing occupant of the Building or the Complex), nor (ii) a party {or an affiliate of, or be related to, a party) with whom Landlord (or a party that is related to or affiliated with Landlord) or its rental agent is negotiating with to lease space in the Building or the Complex; (g) Use of the Demised Premises by the proposed subtenant/assignee/assignee/ transferee shall not violate, or cause Landlord to violate, any other leases, agreements or mortgages affecting (i) the Demised Premises, the Building, the Complex or the land related to such improvements, or (ii) the Landlord, Landlord's Agent or other tenants, whether such leases, agreements or mortgages were entered into prior or subsequent to this Lease; (hf) The proposed use shall be compatible with all other uses within the Building or the Complex and the proposed use or user shall not cause a diminution in the reputation of the Building, the Complex, Landlord, Landlord's Agent or other tenants; (ig) The proposed subtenant/assignee/transferee shall have no right to further sublet the subleased premises, nor to further assign this Lease, nor to further transfer any interest in such proposed subtenant/assignee/transferee;; except as provided herein. (jh) In the event Tenant is in default, beyond any applicable cure period consent may be withheld irrespective of whether these other criteria are met by the proposed subtenant/assignee/transferee.

Appears in 1 contract

Samples: Office Building Lease (Quadramed Corp)

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