Common use of Related Entities Clause in Contracts

Related Entities. Notwithstanding anything to the contrary contained in this Section 14, so long as Tenant delivers to Landlord (1) at least fifteen (15) business days prior written notice of its intention to Transfer the Premises to any Related Entity, which notice shall set forth the name of the Related Entity, (2) a copy of the proposed agreement pursuant to which such Transfer shall be effectuated, and (3) such other information concerning the Related Entity as Landlord may reasonably require, including without limitation, information regarding any change in the proposed use of any portion of the Premises and any financial information with respect to such Related Entity, and so long as (i) any change in the proposed use of the subject portion of the Premises is in conformance with the uses permitted to be made under this Lease and do not involve the use or storage of any Hazardous Materials except as otherwise expressly permitted under Section 29 of this Lease, and (ii) at the time of the proposed assignment or sublease, the net profits and financial condition of the Related Entity is reasonably adequate and sufficient in relation to the then remaining obligations of Tenant under this Lease, then Tenant may effect a Transfer (X) to any Related Entity, or (Y) in connection with any merger, consolidation or sale of substantially all of the assets of Tenant, a sale of all or substantially all of the stock of Tenant, or a public offering of all of Tenant's stock without having to obtain the prior written consent of Landlord thereto. For purposes of this Lease the term "Related Entity" shall mean and refer to any corporation or entity which controls, is controlled by or is under common control with Tenant, as all of such terms are customarily used in the industry.

Related Entities. Notwithstanding anything to the contrary contained in this Section 1415, so long as Tenant delivers to Landlord (1) at least fifteen (15) business days prior written notice of its intention to Transfer assign or sublease the Premises to any Related Entity, which notice shall set forth the name of the Related Entity, (2) a copy of the proposed agreement pursuant to which such Transfer assignment or sublease shall be effectuated, and (3) such other information concerning the Related Entity as Landlord may reasonably require, including without limitation, information regarding any change in the proposed use of any portion of the Premises and any financial information with respect to such Related Entity, and so long as (i) Landlord approves, in writing, of any change in the proposed use of the subject portion of the Premises is in conformance with the uses permitted to be made under this Lease and do not involve the use or storage of any Hazardous Materials except as otherwise expressly permitted under Section 29 of this Lease, and (ii) at the time of the proposed assignment or sublease, the net profits and financial condition of the Related Entity is reasonably adequate and sufficient in relation to the then remaining obligations of Tenant under this LeasePremises, then Tenant may effect a Transfer assign this Lease or sublease any portion of the Premises (X) to any Related Entity, or (Y) in connection with any merger, consolidation or sale of substantially all of the assets of Tenant, a sale of all or substantially all of the stock of Tenant, or a public offering of all of Tenant's stock without having to obtain the prior written consent of Landlord thereto. For purposes of this Lease the term "Related Entity" shall mean and refer to any corporation or entity which controls, is controlled by or is under common control with Tenant, as all of such terms are customarily used in the industry, and with an equal or greater net worth as Tenant has as of the proposed transfer date.

Related Entities. Notwithstanding anything to the contrary contained in this Section 1415, so long as Tenant delivers to Landlord (1) at least fifteen (15) business days prior written notice of its intention to Transfer assign or sublease the Premises to any Related Entity, which notice shall set forth the name of the Related Entity, (2) a copy of the proposed agreement pursuant to which such Transfer assignment or sublease shall be effectuated, and (3) such other information concerning the Related Entity as Landlord may reasonably require, including without limitation, information regarding any change in the proposed use of any portion of the Premises and any financial information with respect to such Related Entity, and so long as (i) any change in the proposed use of the subject portion of the Premises is in conformance with the uses permitted to be made made. under this Lease and do not involve the use or storage of any Hazardous Materials except as otherwise expressly permitted under Section 29 (other than nominal amounts of this Leaseordinary household cleaners, office supplies and janitorial supplies which are not regulated by any Environmental Laws), and (ii) at the time of the proposed assignment or sublease, the net profits and financial condition of the Related Entity is reasonably adequate and sufficient in relation to the then remaining obligations of Tenant under this Lease, then Tenant may effect a Transfer assign this Lease or sublease any portion of the Premises (X) to any Related Entity, or (Y) in connection with any merger, consolidation consolidation, sale of shares of Tenant's corporate stock, or sale of substantially all of the assets of Tenant, a sale of all or substantially all of the stock of Tenant, or a public offering of all of Tenant's stock without having to obtain the prior written consent of Landlord thereto. For purposes of this Lease the term "Related Entity" shall mean and refer to any corporation or entity which controls, is controlled by or is under common control with Tenant, as all of such terms are customarily used in the industry.

Related Entities. Notwithstanding anything to the contrary contained in this Section 1415, so long as Tenant delivers to Landlord (1) at least fifteen ten (1510) business days prior written notice of its intention to Transfer assign or sublease the Premises to any Related Entity, which notice shall set forth the name of the Related Entity, (2) a copy of the proposed agreement pursuant to which such Transfer assignment or sublease shall be effectuated, and (3) such other information concerning the Related Entity as Landlord may reasonably require, including without limitation, information regarding any change in the proposed use of any portion of the Premises and any financial information with respect to such Related Entity, and so long as (i) Landlord approves, in writing, of any change in the proposed use of the subject portion of the Premises is in conformance with the uses permitted to be made under this Lease and do not involve the use or storage of any Hazardous Materials except as otherwise expressly permitted under Section 29 of this Lease, and (ii) at the time of the proposed assignment or sublease, the net profits and such financial condition of the Related Entity is reasonably adequate and sufficient in relation to the then remaining obligations of Tenant under this Leaseinformation, then Tenant may effect a Transfer assign this Lease or sublease any portion of the Premises (X) to any Related Entity, or (Y) in connection with any merger, consolidation or sale of substantially all of the stock or assets of Tenant, a sale of all or substantially all of the stock of Tenant, or a public offering of all of Tenant's stock without having to obtain the prior written consent of Landlord theretothereto and without triggering the right to recapture. For purposes of this Lease the term "Related Entity" shall mean and refer to any corporation or entity which controls, is controlled by or is under common control with Tenant, as all of such terms are customarily used in the industry, and with an equal or greater net worth as Tenant has as of the proposed transfer date.