Common use of Transfer to Affiliate Clause in Contracts

Transfer to Affiliate. Tenant may assign this Lease or sublet the --------------------- Premises or any portion thereof, without Landlord's consent, to any corporation or other entity that controls, is controlled by, or is under common control with Tenant, or to any corporation or other entity resulting from a merger or consolidation with Tenant, or to any person or entity that acquires substantially all the assets of Tenant as a going concern (collectively, an "Affiliate"), provided that the Affiliate assumes in writing all of Tenant's obligations under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Crossworlds Software Inc), Lease Agreement (Crossworlds Software Inc)

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Transfer to Affiliate. Tenant may assign this Lease or sublet the --------------------- Premises or any portion thereof, without Landlord's consent, to any corporation or other entity that which controls, is controlled by, or is under common control with Tenant, or to any corporation or other entity resulting from a merger or consolidation with Tenant, or to any person or entity that which acquires substantially all the assets of Tenant as a going concern (collectively, an "Affiliate"), provided that the Affiliate assumes in writing all of Tenant's obligations under this Lease.

Appears in 1 contract

Samples: Sublease (Neurobiological Technologies Inc /Ca/)

Transfer to Affiliate. Tenant may assign this Lease or sublet --------------------- the --------------------- Premises or any portion thereof, without Landlord's consent, to any corporation or other entity that which controls, is controlled by, or is under common control with Tenant, or to any corporation or other entity resulting from a merger or consolidation with Tenant, or to any person or entity that which acquires substantially all the assets of Tenant as a going concern (collectively, an "Affiliate"), provided that the Affiliate assumes in writing all of Tenant's obligations under this Lease.

Appears in 1 contract

Samples: Lease Agreement (United Panam Financial Corp)

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Transfer to Affiliate. Tenant may assign this Lease or sublet the --------------------- Premises or any portion thereof, without Landlord's consent, to any corporation or other entity that controls, is controlled by, or is under common control with Tenant, or to any corporation or other entity resulting from a merger or consolidation with Tenant, or to any person or entity that acquires substantially all the assets of Tenant as a going concern (collectively, an "Affiliate"), provided that the Affiliate assumes in writing all of Tenant's obligations under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Crossworlds Software Inc)

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