Common use of Tenant’s Application Clause in Contracts

Tenant’s Application. In the event Tenant desires at any time to assign this Lease or sublet the demised premises, or any portion thereof, Tenant shall give written notice to Landlord of its intention, requesting the Landlords consent thereto. Such written notice shall be submitted to Landlord no more than ninety (90) days and no less than sixty (60) days prior to the effective date of such proposed assignment, and shall contain the following information; (a) a notice of intention to assign the Lease or sublet the demised premises, requesting Landlords consent thereto; (b) the proposed effective date of the proposed assignment; (c) the name of the proposed Assignee; (d) the nature of the business to be carried out upon the demised premises by the proposed Assignee; (e) the terms and provisions of the proposed assignment; (f) a copy of the proposed assignment or, if the same is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed assignee; and (h) such other information Landlord may request, Landlord may at any time within thirty (30) days after its receipt of such notice of a proposed assignment, approve or disapprove of such proposed Assignment in writing to Tenant, or elect to terminate this Lease as provided in Section 26.9 below, if Landlord consents to the proposed assignment in writing, so long as Tenant shall not be in breach or default of any of its obligations under this Lease, Tenant may enter into the assignment in accordance with the terms and conditions contained in Tenant's notice. If Landlord fails to exercise its right to consent to or disapprove of the proposed assignment within such thirty (30) day period, Landlord shall be deemed to have disapproved such proposed assignment.

Appears in 1 contract

Samples: Lease (Meganet Corp)

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Tenant’s Application. In the event If Tenant desires at any time to assign this Lease (which assignment shall in no event be for less than its entire interest in this Lease) or to sublet the demised premises, Premises or any portion thereof, Tenant shall give written notice submit to Landlord at least thirty (30) days prior to the proposed effective date of its intentionthe transaction ("Proposed Effective Date"), requesting in writing, a notice of intent to assign or sublease, setting forth: (i) the Landlords consent thereto. Such written notice Proposed Effective Date, which shall be submitted to Landlord no less than thirty (30) nor more than ninety (90) days and no less than sixty (60) days prior to after the effective date sending of such proposed assignment, and shall contain the following informationnotice; (a) a notice of intention to assign the Lease or sublet the demised premises, requesting Landlords consent thereto; (b) the proposed effective date of the proposed assignment; (cii) the name of the proposed Assigneesubtenant or assignee; (diii) the nature of the proposed subtenant's or assignee's business to be carried out upon on in the demised premises by the proposed AssigneePremises; and (eiv) a description of the terms and provisions of the proposed sublease or assignment. Such notice shall be accompanied by (i) such financial information as Landlord may request concerning the proposed subtenant or assignee, including recent financial statements and bank references; (fii) evidence satisfactory to Landlord that the proposed subtenant or assignee will immediately occupy and thereafter use the affected portion of the Premises for the entire term of the sublease or assignment agreement; (iii) a conformed or photostatic copy of the proposed sublease or assignment or, if the same is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed assigneeagreement; and (hiv) such other information any fee required under Section 28.9. During the time that Landlord may request, has in which to exercise the options available to Landlord may at any time within thirty (30) days after its receipt upon the giving of such notice of a proposed assignmentnotice, approve or disapprove of such proposed Assignment in writing to Tenantas hereinafter described, or elect to terminate this Lease as provided in Section 26.9 below, if Landlord consents to the proposed assignment in writing, so long as Tenant shall not be in breach sublet all or default any part of the Premises nor assign all or any part of its obligations under this Lease, Tenant may enter into the assignment in accordance with the terms and conditions contained in Tenant's notice. If Landlord fails to exercise its right to consent to or disapprove of the proposed assignment within such thirty (30) day period, Landlord shall be deemed to have disapproved such proposed assignment.

Appears in 1 contract

Samples: Agreement (Isocor)

Tenant’s Application. In the event If Tenant desires at any time to assign this Lease (which assignment shall in no event be for less than its entire interest in this Lease) or to sublet the demised premises, Premises or any portion thereof, Tenant shall give written notice submit to Landlord at least twenty (20) days prior to the proposed effective date of its intentionthe transaction ("Proposed Effective Date"), requesting in writing, a notice of intent to assign or sublease, setting forth: (i) the Landlords consent thereto. Such written notice Proposed Effective Date, which shall be submitted to Landlord no less than thirty (30) nor more than ninety (90) days and no less than sixty (60) days prior to after the effective date sending of such proposed assignment, and shall contain the following informationnotice; (a) a notice of intention to assign the Lease or sublet the demised premises, requesting Landlords consent thereto; (b) the proposed effective date of the proposed assignment; (cii) the name of the proposed Assigneesubtenant or assignee; (diii) the nature of the proposed subtenant's or assignee's business to be carried out upon on in the demised premises by the proposed AssigneePremises; and (eiv) a description of the terms and provisions of the proposed sublease or assignment, including a calculation of all amounts payable to Landlord pursuant for the term of Section 28.7, below. Such notice shall be accompanied by (a) such financial information as Landlord may request concerning the proposed subtenant or assignee, including recent financial statements and bank references; (fb) evidence satisfactory to Landlord (such as a written statement from Tenant affirming that the proposed transferee will be occupying the affected portion of the Premises) that the proposed subtenant or assignee will immediately occupy and thereafter use the affected portion of the Premises for the entire term of the sublease or assignment agreement; (c) a conformed or photostatic copy of the proposed sublease or assignment or, if the same is not available, the letter of commitment or letter of intentagreement; (gd) a current, audited financial statement of the proposed assignee; any fee required under Section 28.9 and (he) such other information an executed estoppel certificate from Tenant in the form attached hereto as Exhibit E. During the time that Landlord may request, has in which to exercise the options available to Landlord may at any time within thirty (30) days after its receipt upon the giving of such notice of a proposed assignmentnotice, approve or disapprove of such proposed Assignment in writing to Tenantas hereinafter described, or elect to terminate this Lease as provided in Section 26.9 below, if Landlord consents to the proposed assignment in writing, so long as Tenant shall not be in breach sublet all or default any part of the Premises nor assign all or any part of its obligations under this Lease, Tenant may enter into the assignment in accordance with the terms and conditions contained in Tenant's notice. If Landlord fails to exercise its right to consent to or disapprove of the proposed assignment within such thirty (30) day period, Landlord shall be deemed to have disapproved such proposed assignment28.3.

Appears in 1 contract

Samples: Office Lease (Activision Inc /Ny)

Tenant’s Application. In the event If Tenant desires at any time to assign this Lease (which assignment shall in no event be for less than its entire interest in this Lease) or to sublet the demised premises, Premises or any portion thereof, Tenant shall give written notice submit to Landlord of its intention, requesting the Landlords consent thereto. Such written notice shall be submitted to Landlord no more than ninety at least thirty (90) days and no less than sixty (6030) days prior to the effective date of such proposed assignment, and shall contain the following information; (a) a notice of intention to assign the Lease or sublet the demised premises, requesting Landlords consent thereto; (b) the proposed effective date of the proposed assignmenttransaction ("Proposed Effective Date"), in writing, a notice of Intent to assign or sublease, setting forth: (i) the Proposed Effective Date, which shall be no less than thirty (30) nor more then ninety (90) days after the sending of such notice; (cii) the name of the proposed Assigneesubtenant or assignee; (diii) the nature of the proposed subtenant's or assignee's business to be carried out upon on in the demised premises by the proposed AssigneePremises; and (eiv) a description of the terms and provisions of the proposed sublease or assignment. Such notice shall be accompanied by (i) such financial information as Landlord may request concerning the proposed subtenant or assignee, including recent financial statements and bank references; (fii) evidence satisfactory to Landlord that the proposed subtenant or assignee will immediately occupy and thereafter use the affected portion of the Premises for the entire term of the sublease or assignment agreement; (iii) a conformed or photostatic copy of the proposed sublease or assignment or, if the same is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed assigneeagreement; and (hiv) such other information any fee required under Section 28.9. During the time that Landlord may request, has in which to exercise the options available to Landlord may at any time within thirty (30) days after its receipt upon the giving of such notice of a proposed assignmentNotice, approve or disapprove of such proposed Assignment in writing to Tenantas hereinafter described, or elect to terminate this Lease as provided in Section 26.9 below, if Landlord consents to the proposed assignment in writing, so long as Tenant shall not be in breach sublet all or default of any of its obligations under this Lease, Tenant may enter into the assignment in accordance with the terms and conditions contained in Tenant's notice. If Landlord fails to exercise its right to consent to or disapprove part of the proposed assignment within such thirty (30) day periodPremises nor assign all or any part of this, Landlord shall be deemed to have disapproved such proposed assignmentLease.

Appears in 1 contract

Samples: Office Lease (Doubletwist Inc)

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Tenant’s Application. In the event Tenant desires at any time to assign this Lease or sublet the demised premises, or any portion thereof, Tenant shall give written notice to Landlord of its intention, requesting the Landlords Landlord's consent thereto. Such written notice shall be submitted to Landlord no more than ninety (90) days and no less leas than sixty (60) days prior to the effective date of such proposed assignment, and shall contain the following information; : (a) a notice of intention to assign the Lease or sublet the demised premises, . requesting Landlords Landlord's consent thereto; (b) the proposed effective date of the proposed assignment; assignment (c) the name of the proposed Assignee; (d) the nature of the business to be he carried out upon the demised premises by the proposed Assignee; (e) the terms and provisions of the proposed assignment; assignment (f) a copy of the proposed assignment or, if the same name is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed assigneeAssignee; and (h) such other information Landlord may request. Landlord may, Landlord may at any time within thirty (30) days after its receipt of such notice of a proposed assignment, assignment approve or of disapprove of such proposed Assignment in writing to Tenant, or elect to terminate this Lease as provided in Section 26.9 below, if Landlord consents to the proposed assignment in writing, so long as Tenant shall not be in breach or default of any of its obligations under this Lease, Tenant may enter into the assignment in accordance with the terms and conditions contained in Tenant's notice. If Landlord fails to exercise its right to consent to or disapprove of the proposed assignment within such thirty (30) day period, Landlord shall be deemed to have disapproved such proposed assignment.26.9

Appears in 1 contract

Samples: Office Lease (American Vantage Companies)

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