Common use of Tenant Affiliate Clause in Contracts

Tenant Affiliate. Tenant may assign this Lease or sublease ---------------- the Property, without Landlord's consent, (i) to any corporation which controls, is controlled by or is under common control with Tenant, or to any corporation, partnership, limited liability company or other legal entity resulting from a reorganization or the merger of or consolidation with Tenant ("Tenant's -------- Affiliate") or (ii) in the event of the public sale of stock of Tenant or --------- Tenant's Affiliate or for subsequent transfers of stock whether or not such transfers result in a change in control, provided that any assignee of the Lease shall assume in writing all of Tenant's obligations under this Lease, or (iii) in connection with the acquisition of or a business combination with another business principally engaged in supplying products to the pet industry with annual revenues in excess of $25,000,000, provided that any assignee of the Lease shall assume in writing all of Tenant's obligations under this Lease.

Appears in 4 contracts

Samples: Industrial Real Estate Lease (Doskocil Manufacturing Co Inc), Industrial Real Estate Lease (Doskocil Manufacturing Co Inc), Industrial Real Estate Lease (Doskocil Manufacturing Co Inc)

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Tenant Affiliate. Tenant may assign this Lease or sublease ---------------- the Property, without Landlord's consent, (i) to any corporation which controls, is controlled by or is under common control with Tenant, or to any corporation, partnership, limited liability company or other legal entity resulting from a reorganization or the merger of or consolidation with Tenant ("Tenant's -------- Affiliate") or (ii) in the event of the ------------------ public sale of stock of Tenant or --------- Tenant's Affiliate or for subsequent transfers of stock whether or not such transfers result in a change in control, provided that any assignee of the Lease shall assume in writing all of Tenant's obligations under this Lease, or (iii) in connection with the acquisition of or a business combination with another business principally engaged in supplying products to the pet industry with annual revenues in excess of $25,000,000, provided that any assignee of the Lease shall assume in writing all of Tenant's obligations under this Lease.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Doskocil Manufacturing Co Inc)

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