Common use of Termination of Right to Tenant's Signage Clause in Contracts

Termination of Right to Tenant's Signage. Except as expressly identified in Sections 23.3(i) and (ii) , the rights contained in this Section 23.3 shall be personal to Original Tenant, its Permitted Transferees and/or any Approved Assignee, and may only be exercised and maintained by such parties (and not any other assignee, sublessee or other transferee of the Original Tenant's interest in this Lease) to the extent (x) they are not in monetary or material non-monetary default under this Lease (beyond any applicable notice and cure period) and (y) if they occupy at least fifty percent (50%) of the entire Premises.

Appears in 3 contracts

Samples: Lease Agreement (Bridgepoint Education Inc), Lease Agreement (Bridgepoint Education Inc), Lease Agreement (Bridgepoint Education Inc)

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Termination of Right to Tenant's Signage. Except as expressly identified in Sections 23.3(i) and (ii) ), the rights contained in this Section 23.3 shall be personal to Original Tenant, its Permitted Transferees and/or any Approved Assignee, and may only be exercised and maintained by such parties (and not any other assignee, sublessee or other transferee of the Original Tenant's interest in this Lease) to the extent (x) they are not in monetary or material non-monetary default under this Lease (beyond any applicable notice and cure period) and (y) if they occupy at least fifty percent (50%) of the entire Premises.

Appears in 3 contracts

Samples: Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc)

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