Common use of Terms of Consent Clause in Contracts

Terms of Consent. If Landlord consents to a Transfer (and does not exercise any recapture right pursuant to Paragraph 22.5): (a) the terms and conditions of this Lease, including among other things, Tenant’s liability for the Subject Space, and Rent with respect thereto, shall in no way be deemed to have been released, waived or modified, (b) such consent shall not be deemed consent to any further Transfer by either Tenant or the Transferee, (c) no Transferee (other than a Permitted Transferee) shall succeed to any rights provided in this Lease or any amendment hereto to extend the Term, expand the Premises, or lease additional space unless expressly permitted hereunder; (d) Tenant shall deliver to Landlord promptly after execution, an executed copy of all documentation pertaining to the Transfer, and (e) Tenant shall furnish upon Landlord’s request a complete statement, certified by Tenant’s chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer. Each Transferee under an assignment of this Lease, other than Landlord, must expressly assume all of the provisions, covenants and conditions of this Lease on the part of Tenant thereafter to be kept and performed. No subtenant shall have the right to further Transfer its interest in the Subject Space, except in accordance with this Paragraph 22.

Terms of Consent. If Landlord consents to a Transfer (and does not exercise any recapture right pursuant to Paragraph 22.5): Transfer: (a) the terms and conditions of this Lease, including among other things, Tenant’s liability for the Subject Space, and Rent with respect thereto, shall in no way be deemed to have been released, waived or modified, (b) such consent shall not be deemed consent to any further Transfer by either Tenant or the Transferee, (c) no Transferee (other than a Permitted TransfereeAssignee as may be expressly permitted hereunder) shall succeed to any rights provided in this Lease or any amendment hereto to extend the Term, expand the Premises, or lease additional space unless expressly permitted hereunder; space, any such rights being deemed personal to Tenant, (d) Tenant shall deliver to Landlord promptly after execution, an executed copy of all documentation pertaining to the Transfer, and (e) Tenant shall furnish upon Landlord’s request a complete statement, certified by Tenant’s chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer. Each Transferee under an assignment of this Lease, other than Landlord, must expressly assume all of the provisions, covenants and conditions of this Lease on the part of Tenant thereafter to be kept and performed. No subtenant shall have the right to further Transfer its interest in the Subject Space, except in accordance with this Paragraph 22.

Terms of Consent. If Landlord consents to a Transfer (and does not exercise any recapture right pursuant to Paragraph 22.5): Transfer: (a) the terms and conditions of this Lease, including among other things, Tenant’s 's liability for the Subject Space, and Rent with respect thereto, shall in no way be deemed to have been released, waived or modified, (b) such consent shall not be deemed consent to any further Transfer by either Tenant or the Transferee, (c) no Transferee (other than a Permitted Transferee) shall succeed to any rights provided in this Lease or any amendment hereto to extend the Term, expand the Premises, or lease additional space unless expressly permitted hereunder; or any other rights being deemed personal to Tenant, (d) Tenant shall deliver to Landlord promptly after execution, an executed copy of all documentation pertaining to the Transfer, and (e) Tenant shall furnish upon Landlord’s 's request a complete statement, certified by Tenant’s 's chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer. Each Transferee under an assignment of this Lease, other than Landlord, must expressly assume all of the provisions, covenants and conditions of this Lease on the part of Tenant thereafter to be kept and performed. No subtenant shall have the right to further Transfer its interest in the Subject Space, except in accordance with this Paragraph 22.

Terms of Consent. If Landlord consents to a Transfer, or a consent to such Transfer is obtained by the order of a court of competent jurisdiction, or if a Transfer occurs as a result of operation of law not requiring Landlord's consent (notwithstanding the express agreement between the parties hereto that any Transfer by operation of law shall in any event be subject to the consent of landlord and does not exercise all of the other provisions as contained in this Article XIV), Landlord shall have the following rights, in default of any recapture right pursuant to Paragraph 22.5): of which no such Transfer shall occur or be effective: (a) to collect a deposit or further deposit to be held as a security deposit for the terms prompt performance by the Transferee of all of the terms, covenants, conditions and conditions provisions of this LeaseLease such that a security deposit held by Landlord shall be equivalent to at least, including among other things, Tenant’s liability for two (2) months' Rent payable in respect of the Subject Space, and Rent with respect thereto, shall in no way be deemed to have been released, waived or modified, Transferred Premises; (b) such consent shall not be deemed consent to require Tenant and the transferee and any further Transfer by either Tenant indemnifier in respect of Tenant's or the Transferee, 's obligations hereunder to enter into an agreement in writing and under seal to implement any amendments to this Lease to give effect to Landlord's exercise of any of its rights hereunder; (c) no to require the Transferee (other than a Permitted Transferee) shall succeed to any rights provided enter into an agreement with Landlord in writing and under seal to be bound by all of Tenant's obligations under this Lease or any amendment hereto to extend the Term, expand the Premises, or lease additional space unless expressly permitted hereunderamended as herein provided; (d) Tenant shall deliver to Landlord promptly after execution, an executed copy of all documentation pertaining require the Transferee to the Transfer, and (ewaive any rights pursuant to subsection 39(2) Tenant shall furnish upon Landlord’s request a complete statement, certified by Tenant’s chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer. Each Transferee under an assignment of this Lease, other than Landlord, must expressly assume all of the provisionsLandlord and Tenant Act (Ontario) and any amendments thereto and any other statutory provisions of the same of similar effect, covenants and conditions of this Lease on to pay any Rent less than the part of Tenant thereafter to be kept and performed. No subtenant shall have the right to further Transfer its interest in the Subject Space, except in accordance with this Paragraph 22.amount payable hereunder;