Transfers by Tenant. Tenant agrees not to transfer lease or sublease all or any part of the Leased Property to anyone else without the written consent of Landlord, such consent to be granted or denied in Xxxxxxxx's sole and absolute discretion. Xxxxxx agrees that if Tenant transfers this lease or leases or subleases all or a part of the Leased Property to another, without the written consent of Landlord, Xxxxxx has violated this lease.
Transfers by Tenant. Xxxxxx agrees not to transfer this Lease to anyone else without the written permission of the Landlord, such permission to be granted or denied in Landlord's sole and absolute discretion. Tenant agrees not to lease or sublease all or any part of the Leased Property to anyone else without the written consent of Landlord, such consent to be granted or denied in Landlord's sole and absolute discretion. Xxxxxx agrees that if Tenant transfers this lease or leases or subleases all or a part of the Leased Property to another, without the written consent of Landlord, Xxxxxx has violated this lease.
Transfers by Tenant. (a) Without the prior written consent of Landlord in each instance, which consent will not be unreasonable withheld, Tenant shall not do any of the following (as used in this Paragraph, a “Transfer”): (i) assign this Lease or any estate or interest therein, whether absolutely or collaterally as security for any obligation; (ii) sublease any part of the Premises; (iii) permit any assignment of this Lease or any estate or interest therein by operation of law; (iv) grant any license, concession, or other right of occupancy for any part of the Premises; or (v) permit the use of the Premises by any person other than Tenant and its agents and employees; provided, however, Tenant may assign this Lease, or sublet all or a portion of the Premises, to Franklin Synergy Bank, which is or shall be a wholly owned subsidiary of Tenant and a Tennessee chartered Federal Reserve member state bank (“Bank”), without the prior consent of Landlord. If Tenant should assign this Lease, or sublet any portion of the Premises, to Tenant, (x) Tenant shall simultaneously give to Landlord evidence of such assignment or sublease, which assignment or sublease shall be in form and substance acceptable to Landlord, (y) Tenant shall remain primarily liable to Landlord hereunder, and (z) Bank shall execute and deliver a “Lease Authorization”, in a form similar to Exhibit F attached hereto; provided, however, the information and representations of Tenant set forth in that Authorization shall be about or from Bank, not Tenant, and Bank may delete from such Authorization, to the extent Bank deems appropriate, Section (B)(4) thereof. If Tenant should assign this Lease to Bank, Landlord shall exercise its reasonable best efforts to amend this Lease to the extent required by any governmental agency charged by the law with the regulation of Bank.
Transfers by Tenant. Except in connection with the transfer of the ------------------- Lease to an Affiliate as provided in Section 5.4 of the Lease, Tenant shall not assign, convey, mortgage, pledge, hypothecate, encumber, or otherwise transfer any license or grant any license, concession, or other right with respect to the License without the prior written consent of Landlord, which consent may be granted or withheld in Landlord's sole discretion; and the License shall, at Landlord's sole option, terminate upon the occurrence of any attempted transfer of the License or the Lease or upon a subletting of the Premises except in connection with a transfer of the Lease to an Affiliate as provided for in the Lease.
Transfers by Tenant. Except as otherwise provided herein, Tenant shall not, without the prior written consent of Landlord, which consent may be withheld by Landlord in its sole discretion, assign, mortgage, encumber or transfer its interest in this Lease or any of Tenant’s rights or Obligations hereunder, by Tenant’s action, by operation of law or otherwise, nor sublet, or permit the subletting of, the Demised Premises or the Common Elements or any portion thereof, nor enter into any franchise, concession, license or other occupancy agreement, or grant any franchise, concession, license or other occupancy rights with respect to the Demised Premises or the Common Elements or any portion thereof (any of the foregoing, a “Transfer”). Notwithstanding the foregoing, Tenant may, subject to the provisions of this Article XIII:
Transfers by Tenant. TENANT agrees not to transfer this lease to anyone else without the written permission of LANDLORD. TENANT agrees not to lease all or any part of the LEASED PROPERTY to anyone else without the written consent of LANDLORD. TENANT agrees that if TENANT transfers this lease or leases all or a part of the LEASED PROPERTY to another, TENANT has broken this lease.
Transfers by Tenant. Tenant will not assign or encumber the Letter of Credit, except as may be expressly contemplated by this Section 28, without Landlord’s express prior written consent. Neither Landlord nor its successors or assigns will be bound by any assignment or encumbrance by Tenant unless Landlord has given such consent in advance.
Transfers by Tenant. (a) Without the prior written consent of Landlord in each instance, which consent will not be unreasonably withheld, conditioned or delayed, Tenant shall not do any of the following (as used in this Section, a “Transfer”):
Transfers by Tenant. Landlord and Tenant agree that:
Transfers by Tenant. Section 6.4 of the Lease governing transfers of interest in the Tenant or its assets reads as follows: The issuance, sale, encumbrance, other transfer of any interest in Tenant or the assignment of this Lease or a subletting of all or any portion of the Premises to (i) a purchaser that purchases substantially all of the assets of any of the businesses conducted at the Premises by Tenant, (ii) an entity which at the time of transfer then controls, is controlled by, or is under common control with Tenant and remains in control, controlled by or under common control with Tenant, or (iii) an entity that results from a merger or consolidation with Tenant, (collectively a “Permitted Transferee”), shall not be deemed to be an assignment or subletting requiring the Landlord’s consent, provided that the effect of which will not violate any of Subsection 6.3(i) - (ii) above. The assignment and subletting permitted pursuant to Subsections (i) - (iii) of this Section 6.4 shall be personal to Micron PC, LLC and any Permitted Transferee.
