Examples of Affiliate Tenant in a sentence
As to any person or entity that is not an Affiliate, Tenant shall not directly or indirectly, voluntarily or by operation of law, sublease, sell, assign, encumber, pledge or otherwise transfer or hypothecate all or any part of the Premises or this Lease, without the prior written consent of Landlord, which may be withheld by Landlord in its reasonable discretion; provided, however, that Landlord shall not unreasonably withhold, condition, or delay the approval of any proposed assignment or sublease.
Prior to any such sublease or assignment to an Affiliate, Tenant shall give Landlord notice thereof, together with information reasonably acceptable to Landlord substantiating that such subtenant or assignee is, in fact, an Affiliate as herein provided.
Prior to any such sublease or assignment to an Affiliate, Tenant shall give Landlord notice thereof, together with information reasonably acceptable to Landlord substantiating that such sublessee or assignee is, in fact, an Affiliate as herein provided.
In the event Tenant sublets all or any portion of the Premises, other than to a Tenant Affiliate, Tenant shall deliver to Landlord fifty percent (50%) of any excess rent within thirty (30) days after Tenant’s receipt pursuant to such subletting.
At least ten (10) days prior to the effective date of any such assignment or sublease to a Permitted Affiliate, Tenant agrees to furnish Landlord with notice of such assignment or sublease and copies of the instruments effecting any such assignment or sublease.
If Tenant desires to assign this Lease or sublet all or any portion of the Premises and the same requires Landlord approval, Tenant shall give written notice to Landlord setting forth the terms of the proposed assignment or subletting, except that with respect to an assignment or subletting to an Affiliate, Tenant shall only be required to notify Landlord in writing of such assignment or subletting and Landlord's consent shall not be required.
In the event of any Transfer to a Qualified Tenant Affiliate, Tenant shall remain fully liable to perform the obligations of Tenant under this Lease, such obligations to be joint and several with the obligations of the Qualified Tenant Affiliate as tenant under this Lease, and Tenant shall execute such guaranty or other agreement as Landlord shall request to confirm such liability.
Additionally, within thirty (30) days after the effective date of any such assignment or sublease to a Permitted Affiliate, Tenant agrees to furnish Landlord with copies of the fully executed instruments effecting any such assignment or sublease and documentation establishing Tenant’s satisfaction of the requirements set forth above applicable to any such sublease or assignment.
If Tenant desires to assign this Lease or sublet all or any portion of the Premises and the same requires Landlord approval, Tenant shall give written notice to Landlord setting forth the terms of the proposed assignment or subletting, except that with respect to an assignment or subletting to an Affiliate, Tenant shall only be required to notify Landlord in writing of such assignment or subletting and Landlord’s consent shall not be required.
If Tenant issues the ROFO Acceptance, Landlord and Tenant shall execute an amendment to this Lease incorporating the ROFO Proposal, or if the Additional Space is owned by Landlord’s Affiliate, Tenant shall execute, and Landlord shall cau se such Affiliate to execute, a lease for the Additional Space using this Lease as a form and incorporating the terms of the ROFO Proposal (in either case, a “ROFO Lease”), within fifteen (15) days following issuance of the ROFO Acceptance.