Common use of Take-Back Rights Clause in Contracts

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereof. For thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by others, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landloxx xxx Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty fifteen (3015) business days prior written notice thereof. For thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty fifteen (3015) business days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereof. For In the event of a proposed assignment of this Lease or a proposed sublease which would result in an aggregate of more than fifty percent (50%) of the Premises being transferred, then for thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to either (a) sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder, or (b) terminate this Lease in the event of an assignment. In the event Landlord does not exercise the aforesaid right rights within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above. In the event that of a Tenant defaults Default hereunder, Tenant hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereofthereof of its intention of the same. For thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereof. For thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises for the balance of the term of this Lease in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof for the balance of the term of such sublease in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. A above. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereof. For thirty (30) days following receipt of said notice, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above. In the event that Tenant defaults hereunderthereunder, Tenant Tenant, hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.

Take-Back Rights. In addition, Tenant may not assign this Lease, nor sublet (or permit occupancy or use of) the Premises, or any part thereof, without giving Landlord thirty (30) days prior written notice thereof. For thirty (30) days following receipt of said noticenotice if Tenant intends to sublease more than fifty percent (50%) of the Premises or to assign this Lease, Landlord shall have the right, exercisable by sending notice to Tenant, to sublet from Tenant for the balance of the Term of this Lease (i) all of the Premises in the event Tenant notified Landlord of its desire to assign this Lease, or (ii) so much of the Premises as Tenant intends to sublet or permit another party to make use thereof in the event Tenant notified Landlord of its desire to sublet the Premises or permit another party to make use of a portion of the Premises which, when added to all other portions of the Premises which are then being sublet or used by others, would result in more than fifty percent (50%) of the Premises being sublet or used by othersthereof, at the same rental Tenant is obligated to pay to Landlord hereunder. In the event Landlord does not exercise the aforesaid right within said thirty (30) days, Tenant may attempt to assign, sublet or permit use of this Lease or such space; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above; provided that Tenant shall obtain the prior written consent of Landlord as set forth in Subsection A. above, which consent shall be granted or withheld by the expiration of the thirty (30) day take-back period. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landloxx xxx Landlord the Rent due from any assignee or subtenant and hereby authorizes each such party to pay said Rent to Landlord.