Common use of Operation of Law Clause in Contracts

Operation of Law. Tenant shall not allow or permit any transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunder.

Appears in 12 contracts

Samples: Lease (5.11 Abr Corp.), Lease (RMG Acquisition Corp.), Industrial Building Lease (Phoenix Container, Inc.)

AutoNDA by SimpleDocs

Operation of Law. Tenant shall not allow or permit any transfer of this Lease, Lease or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunder.

Appears in 7 contracts

Samples: www.sec.gov, Industrial Building Lease (Bway Corp), Industrial Building Lease (Bway Corp)

Operation of Law. Except as provided in Section 14.5 herein to the contrary, Tenant shall not allow or permit any transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunder.

Appears in 2 contracts

Samples: Industrial Building Lease (Power Solutions International, Inc.), Industrial Building Lease (Power Solutions International, Inc.)

Operation of Law. Tenant shall not allow or permit any transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber (other than in connection with a Tenant corporate asset based financing) this Lease or any interest hereunder.

Appears in 2 contracts

Samples: Industrial Building Lease (Factory Card & Party Outlet Corp), Factory Card Outlet Corp

Operation of Law. Tenant shall not allow or permit any ---------------- transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunder; provided, however, that Tenant may enter into a mortgage of its leasehold interest hereunder in favor of Xxxxxxx Xxxxx in connection with providing security for a Tenant credit facility.

Appears in 1 contract

Samples: Lease (Exodus Communications Inc)

Operation of Law. Tenant shall not allow or permit any transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge (except as pledged as collateral under current Xxxxx Fargo loan) or encumber this Lease or any interest hereunder.

Appears in 1 contract

Samples: Lease (Dixie Group Inc)

AutoNDA by SimpleDocs

Operation of Law. Tenant shall not allow or permit any ---------------- transfer of this Lease, or any interest hereunder, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunder.

Appears in 1 contract

Samples: Lease (Styrochem International Inc)

Operation of Law. Tenant shall not allow or permit any transfer of this Lease, or any interest hereunder, by operation of lawoflaw, or convey, mortgage, pledge or encumber this Lease or any interest hereunder. Section 14.3.

Appears in 1 contract

Samples: Systemax Inc

Operation of Law. Except as expressly provided in this Lease, Tenant shall must not allow or permit any transfer of this Lease, or any interest hereunderunder this Lease, by operation of law, or convey, mortgage, pledge or encumber this Lease or any interest hereunderunder this Lease.

Appears in 1 contract

Samples: Industrial Building Lease (Andrew Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.