Common use of Terms of Approval Clause in Contracts

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen (15) business days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 3 contracts

Samples: Lease, Lease (Silver Spring Networks Inc), Lease (Silver Spring Networks Inc)

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Terms of Approval. Landlord shall endeavor to respond to Tenant’s request for approval within fifteen (15) business days after receipt of the Complete Transfer Notice; however, Landlord’s failure to respond shall not result in a deemed approval. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 2 contracts

Samples: Office Lease (Innoviva, Inc.), Office Lease (Aimmune Therapeutics, Inc.)

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen (15) business days Business Days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty ninety (3090) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 2 contracts

Samples: Commercial Lease (Jazz Pharmaceuticals PLC), Commercial Lease (Jazz Pharmaceuticals PLC)

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen ten (1510) business days Business Days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 2 contracts

Samples: Commercial Lease (Carbylan Therapeutics, Inc.), Commercial Lease (Carbylan Therapeutics, Inc.)

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen ten (1510) business days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 1 contract

Samples: Office Lease (Cotherix Inc)

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Terms of Approval. Landlord shall respond to Tenant’s 's request for approval within fifteen (15) business days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 1 contract

Samples: Commercial Lease (Telik Inc)

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen ten (1510) business days after receipt of the Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty ninety (3090) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 1 contract

Samples: Commercial Lease (Jazz Pharmaceuticals Inc)

Terms of Approval. Landlord shall respond to Tenant’s request for approval within fifteen (15) business days after receipt of the Complete Transfer Notice. If Landlord approves the proposed Assignment or Sublease, Tenant may, not later than thirty (30) days thereafter, enter into the Assignment or Sublease with the proposed Transferee upon the terms and conditions set forth in the Transfer Notice.

Appears in 1 contract

Samples: Office Lease (Hyperion Therapeutics Inc)

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