Common use of Tenant's Subleases Clause in Contracts

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord may: (a) terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, (b) choose to succeed to Tenant's interest in such an arrangement. If Landlord elects to succeed to Tenant's interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 2 contracts

Samples: Office Lease (Cayenta Inc), Office Lease (Collateral Therapeutics Inc)

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Tenant's Subleases. Whether or not If Landlord elects to terminate this Lease on account of any default Default by Tenant, Landlord may: : (a) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, . (b) choose Choose to succeed to Tenant's interest in such an arrangement. If Landlord elects to succeed to Tenant's interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 2 contracts

Samples: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord may: : (a) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, . (b) choose Choose to succeed to Tenant's interest in such an arrangement. If Landlord elects to succeed to Tenant's interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 2 contracts

Samples: Lease (Spectranetics Corp), Office Lease (Quokka Sports Inc)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord may: (a) terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, . (b) choose to succeed to Tenant's ’s interest in such an arrangement. If Landlord elects to succeed to Tenant's ’s interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Sublease (Zogenix Inc)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord landlord may: : (a1) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, Premises or any portion thereof; or (b2) choose Choose to succeed to Tenant's ’s interest in such an arrangement. If Landlord elects to succeed to Tenant's ’s interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Office Lease (Artisoft Inc)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord may: (a) terminate Terminate any sublease, license, concession, concession or other consensual arrangement for possession entered into by Tenant and affecting the Premises, ; (b) choose Choose to succeed to Tenant's ’s interest in such an arrangement. If Landlord elects to succeed to Tenant's ’s interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Office Lease (Inpixon)

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Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, Landlord may: : (a1) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, Premises or any portion thereof; or (b2) choose Choose to succeed to Tenant's interest in such an arrangement. If Landlord elects to succeed to Tenant's interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Office Lease (Witness Systems Inc)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, Landlord may: : (a1) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, Leased Premises or any portion thereof; or (b2) choose Choose to succeed to Tenant's ’s interest in such an arrangement. If Landlord elects to succeed to Tenant's ’s interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Office Lease (Webex Communications Inc)

Tenant's Subleases. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, Landlord may: : (a1) terminate Terminate any sublease, license, concession, or other consensual arrangement for possession entered into by Tenant and affecting the Premises, Premises or any portion thereof; or (b2) choose Choose to succeed to Tenant's ’s interest in such an arrangement. If Landlord elects to succeed to Tenant's ’s interest in such an arrangement, Tenant shall, as of the date of notice by Landlord of that election, have no further right to, or interest in, the Rent or other consideration receivable under that arrangement.

Appears in 1 contract

Samples: Lease Agreement (Fibrogen Inc)

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