Examples of Transfer Property in a sentence
As to Subleases under which the Transfer Property primarily consists of space within a building, such a Recognition Agreement shall be in the form attached hereto as Exhibit K and entitled “Recognition Agreement (Space Subtenant)”, as such form may be modified in a commercially reasonable manner at the request of Tenant or such Sublessee and acceptable to Landlord in its reasonable judgment.
In the event that Lessee or its approved third party choose not to purchase the Intended Transfer Property, the Intended Transfer Property will not be transferred to the third party, unless the Lessor obtains a written commitment from such third party, and in the aforesaid written commitment such third party undertakes to strictly comply with the provisions and conditions of this Agreement.
In no event shall Tenant be relieved from its obligations under this Lease (or any restatement of this Lease) with respect to all portions of the Premises other than the Transfer Property.
Tenant may, with the prior written consent of Landlord (which consent shall not be unreasonably withheld, delayed or conditioned), enter into a Financing Transaction with respect to a Transfer Property.
Transfer Property" means, with respect to a Pre — Construction Assignment, a Post - Commencement Assignment or a Financing Transaction, the portion of the Premises which is the subject thereof.
If Landlord withholds its consent pursuant to section 12.6, then this Lease shall terminate as to such Transfer Property unless, within ninety (90) days after the date on which Landlord withholds its consent, Landlord receives Tenant's written notice (which also shall be -66- SAA2-402923 consented to by Guarantor) withdrawing its request to a Pre - Construction Assignment and reaffirming that this Lease shall nevertheless remain in full force with respect to such Transfer Property.
Tenant shall not, directly or indirectly, without the prior written consent of Landlord (which consent shall not be unreasonably withheld, delayed or conditioned), enter into a Post - Commencement Assignment with respect to a Transfer Property.
If Landlord consents to the Pre - Construction Assignment, the Premises shall be parcelized as provided in section 6.10, and Tenant shall be released from all of its obligations under this Lease with respect to the Transfer Property that arise or occur after the date such Pre Construction Assignment is consummated.
Owner may transfer all or any portion of its interest in, and rights and obligations under, this Agreement to any person acquiring an interest or estate in all or any portion of the Property (any such portion, a “Transfer Property”), including, without limitation, purchasers or ground lessees of such Transfer Property (a “Transferee”) without any act or concurrence by City.
Tenant shall not, directly or indirectly, without the prior written consent of Landlord (which consent may be given or withheld in Landlord's sole and absolute discretion), enter into a Pre - Construction Assignment with respect to a Transfer Property.