Common use of Competitor Restrictions Clause in Contracts

Competitor Restrictions. Subject to existing tenants’ of the Project’s rights, so long as (i) the Original Tenant is occupying and conducting “Tenant’s Primary Business,” as that term is defined, below, from at least seventy-five percent (75%) of the rentable square footage of the Premises as then comprised (e.g., Must-Take Premises 1 shall not be a part of the Premises for such determination until the Must-Take Premises 1 Commencement Date), and (ii) the Original Tenant is not in Default of this Lease, in no event shall Landlord, following the date of this Lease, enter into a direct lease, or consent to a sublease or assignment over which ▇▇▇▇▇▇▇▇ has consent rights that would allow Landlord to withhold its consent, for any space in the Project to a “Competitor,” as that term is defined below. In no event shall a party succeeding to any tenant’s or subtenant’s interest in any lease or sublease as a result of a merger, acquisition, consolidation or similar transaction, be deemed to cause a violation of the terms of this Article 22. “