Required Disclosure Statements Clause Samples

Required Disclosure Statements. An Assignee, Transferee or Major Subtenant shall deliver to Landlord the Required Disclosure Statement in form and substance reasonably satisfactory to Landlord, provided that if any modification to the form of such Required Disclosure Statement is not acceptable to Landlord, acting in its reasonable discretion, then the applicable Transfer shall be void ab initio;
Required Disclosure Statements. Any proposed Assignee, Subtenant or Transferee shall deliver to Lease Administrator the Required Disclosure Statement, in the form attached as Exhibit J (Required Disclosure Statement) hereto (as such form may be updated from time to time, the “Required Disclosure Statement”), and otherwise in a form reasonably satisfactory to Lease Administrator; provided, that if the information set forth in the Required Disclosure Statement reveals that a proposed Assignee, Subtenant or Transferee is a Person with whom the City and/or NYCEDC will generally not do business or if such information is otherwise not acceptable to the Lease Administrator, acting in its sole but reasonable discretion, then the Assignment, Sublease or Transfer shall not be permitted;