Conveyance or Transfer Clause Samples

Conveyance or Transfer. Without Owner’s written consent (not to be unreasonably withheld, conditioned or delayed), Guarantor shall not convey, sell, lease or transfer its properties or assets to any Person to the extent that such conveyance, sale, lease or transfer could have a material adverse effect on Guarantor’s ability to fulfill its obligations under this Guarantee (“Material Transaction”). For the avoidance of doubt, a sale of property, assets or Affiliates for market value in an arm’s length transaction (a) by Guarantor or (b) by an Affiliate of Guarantor shall not be considered a Material Transaction as long as Guarantor or a wholly owned subsidiary of Guarantor receives all of the proceeds from such sale. In case of a proposed Material Transaction, Guarantor shall provide Owner with reasonable advance notice of such proposed Material Transaction. Guarantor shall then meet with Owner and, pursuant to a written confidentiality agreement, will provide to Owner all necessary information, reasonably requested by Owner, regarding the proposed Material Transaction for the purpose of receiving Owner’s written consent to such Material Transaction (and as described above such consent shall not be unreasonably withheld, conditioned or delayed). For the avoidance of doubt, such restriction on conveyances, sales, leases and transfers shall include conveyances, sales, leases or transfers to Guarantor’s Affiliates other than any of Guarantor’s wholly owned subsidiaries.

Conveyance or Transfer. Guarantor shall not convey, sell, lease or transfer any of its properties or assets to any person or entity to the extent that such conveyance, sale, lease or transfer could have a material adverse effect on Guarantor's ability to fulfill any of the Guaranteed Obligations. To ensure the legal operation of the Premises in compliance with the AMMA, Landlord has authorized Tenant to license the Premises to a Guarantor of the Lease that is duly awarded a Medical Marijuana Dispensary Registration Certificate or other License pursuant to Section 7 of the Authorization for Use of the Premises attached as Exhibit “F” to the Lease, subject to the terms and conditions of the Lease, including the terms and conditions of such Exhibit, for the sole purpose of ensuring the Premises maintains the necessary approval to operate in compliance with the AMMA. However, nothing herein is intended to limit the rights or remedies of Landlord pursuant to this Guaranty nor authorize Tenant to license the Premises in a manner that would violate this Section 20.

Conveyance or Transfer. 5.1 Conveyance or Transfer; Only on Certain Terms A Guarantor will not convey, distribute or transfer all or substantially all of its property and assets to any Person that is not a subsidiary entity of a Guarantor unless such Person expressly assumes, by an agreement executed and delivered to New LP, the Guarantor’s obligations hereunder for the Guaranteed Preferred Unit Obligations and the performance and observance of every covenant of this Guarantee on the part of such Guarantor to be performed or observed.

Conveyance or Transfer. If the Secretary de- termines under any authority previously established by law that environmental restoration or remediation cannot reasonably be expected to be completed with re- spect to a parcel of land described in subsection (c) by September 30, 2022, the Secretary shall not convey or transfer the parcel of land.

Conveyance or Transfer. SECTION 901.

Conveyance or Transfer