Restrictions on Landlord. The Landlord shall not assign this Ground Lease or sell the Project Site, in whole or in part, (including without limitation by transfer of control or otherwise) without the prior written consent of the Tenant, which consent shall not be unreasonably withheld, delayed, or conditioned, except with respect to the Tenant’s right of first refusal as set forth in Section 14.3. This Ground Lease shall inure to the benefit of and shall be binding upon the Landlord’s permitted assigns.
Restrictions on Landlord. The Landlord shall not assign this Ground Lease or sell the Site, in whole or in part, (including by transfer of control or otherwise) without the prior written consent of the Tenant or having complied with Section 14.3, as applicable, which consent shall not be unreasonably withheld, conditioned, or delayed; provided, however, it shall not be unreasonable for the Tenant to withhold consent if (a) the Landlord requests to assign this Ground Lease or sell the Site, in whole or in part, to any Person, or any Affiliate of such Person, that is a direct or indirect competitor of the Tenant or any of its Affiliates, or (b) the Landlord requests to assign this Ground Lease or sell the Site, in whole or in part, to any Person that does not have substantially similar jurisdiction, authority, rights, and privileges as the Landlord as a political subdivision of the State of Louisiana. The Landlord covenants, represents and warrants as a condition of this Ground Lease as of the Ground Lease Commencement Date that the Landlord has no present intention to assign this Ground Lease or sell the Site, in whole or in part, during the Term.
Restrictions on Landlord. The Landlord shall not assign this Ground Lease or sell the Site, in whole or in part, without the prior written consent of the Tenant, except with respect to the Tenant’s right of first refusal as set forth in Section 14.3. Any transfer inter vivos or mortis causa of any interest in Landlord shall not be a violation of this Section 14.1. This Ground Lease shall inure to the benefit of and shall be binding upon the Landlord’s permitted assigns.
Restrictions on Landlord. The Landlord shall not assign this Ground Lease or sell the Site, in whole or in part, (including by transfer of control or otherwise) without the prior written consent of the Tenant, which consent shall not be unreasonably withheld, conditioned, or delayed; provided, however, it shall not be unreasonable for the Tenant to withhold consent if (a) the Landlord requests to assign this Ground Lease or sell the Site, in whole or in part, to any Person, or any Affiliate of such Person, that is a direct or indirect competitor of the Tenant or any of its Affiliates, or (b) the Landlord requests to assign this Ground Lease or sell the Site, in whole or in part, to any Person that does not have substantially similar jurisdiction, authority, rights, and privileges as the Landlord as a political subdivision of the State of Louisiana. The Landlord covenants, represents and warrants as a condition of this Ground Lease as of the Ground Lease Commencement Date that the Landlord has no present intention to assign this Ground Lease or sell the Site, in whole or in part, during the Term.
Restrictions on Landlord. Except as (i) required herein, (ii) reasonably necessary for Landlord to fulfill its right and obligations set forth herein or (iii) required by laws, roles and regulations of governmental agencies or authorities now in effect or which may hereafter be in effect, Landlord shall not, without the prior written consent of Tenant, which consent may be withheld in Tenant's sole discretion, make any material change to or alteration of the Development.
Restrictions on Landlord. During the Lease Term, without the prior written consent of Tenant, which consent may be withheld by Tenant in its sole and absolute discretion, neither Landlord nor any person deriving rights directly or indirectly from Landlord shall use any portion of Landlord's Lands to engage in any activities, at any time, which are similar to, or competitive with, the types of activities which at that particular time are normal and customary for live entertainment, for commercial concert, amphitheater and arena facilities, fairs, festivals, and events related thereto, for recreational and leisure sports, as an educational center or conference center. In addition, neither Landlord nor any person deriving rights from Landlord shall engage in any conduct on any portion of the Landlord's Lands which materially interferes with Tenant's conduct of business on or Tenant's use of, enjoyment of, or operations on, the Property. No portion of Landlord's Lands shall be developed or utilized in such a manner as would cause the Tenant's activities on the Property to be in violation of any law, ordinance, regulation or other land-use restriction, including, without limitation, any sound emission restrictions or ordinance. The rights of Landlord, and its successors and assigns, in and to the Landlord's Lands shall at all times be subject to the rights of Tenant under the Lease. Landlord recognizes that it is of the utmost importance that Tenant be free from any competitive activities upon the Landlord's Lands and from any interference with Tenant's activities. Accordingly, all prohibitions as set forth herein shall be construed to prohibit all activities upon the Landlord's Lands which are competitive with, or interfere with, Tenant's activities on the Property. EXHIBIT "H" Bank IRREVOCABLE LETTER OF CREDIT Reference No. Date: CROSSROADS PROPERTIES, INCORPORATED a Pennsylvania corporation c/o XxXxxxxxx, Xxxxxxxx & Xxxxxxxx 000 Xxxxxxxxxx Xxxxx Xxxxxxxx Xxxxxxxxxx, Xxxxxxxxxxxx 00000 Gentlemen: We hereby establish our irrevocable letter of credit No. ___________, dated _________________________________, 19__, in your favor for the account of Pace Entertainment Group, Inc., 000 Xxxx Xxx Xxxxxxxxx, Xxxxx 000, Xxxxxxx, Xxxxx 00000, in an amount not to exceed ________________________________________ ___________________________________________ DOLLARS ($________) available by your draft or drafts at site, accompanied by:
(a) the original of this Letter of Credit; and
(b) your certificati...
Restrictions on Landlord. (a) Landlord shall not, without the consent of Tenant, lease any office space in the Building to any federal, state or municipal agency, other than for executive uses and uses incidental thereto which do not predominantly involve direct patronage of the general public, unless the access of the general public is through the elevators of the Building which do not service the Premises. Notwithstanding the foregoing, Tenant hereby expressly approves any lease of space in the Building to, or other occupancy agreement with, any of the agencies on the list annexed hereto as Exhibit M and made a part hereof for the uses specified therein.
(b) If and for so long this Lease shall be in full force and effect, Landlord shall not lease any retail space in the Building to (i) offices of a foreign country; employment agency or center; medical or psychiatric office or medial care clinic; nightclub or fraternal organization; manufacturing, repair or warehouse center; testing, medical, chemical or biologica1 laboratory; check cashing facility; pool hall or skating rink; funeral parlor; massage parlor; pornography or adult book or video store; amusement center or game room; auction house; flea market; rifle range, gambling facility or casino or OTB; "head shop;" pawn shop; dry cleaners; photo processor; video arcade or other video game retailer; a non-name brand outlet, warehouse, close-out, bargain or any other form of "deep discount" store; or (ii) any health insurance company that competes directly with Tenant.
Restrictions on Landlord. 34 ARTICLE 15
Restrictions on Landlord. Landlord shall enter and conduct its activities in the Premises subject to Tenant's reasonable security regulations and in the manner which will cause the least possible inconvenience, annoyance, interference and disturbance to Tenant or Tenant's business. Landlord shall not do any act under this Section which would materially and unreasonably interfere with Tenant's access to the Premises or use of the Premises.
Restrictions on Landlord. Landlord shall not cause or permit the use, generation, release, manufacture, refining, production, processing, storage or disposal of any Hazardous Substances on, under or about the Development, or the transportation to or from the Development of any Hazardous Substances, except as necessary and appropriate for its Permitted Use in which case the use, storage or disposal of such Hazardous Substances shall be performed in compliance with the Environmental Laws and the highest standards prevailing in the industry.
