Common use of Deemed Transfers Clause in Contracts

Deemed Transfers. If Tenant is a corporation, an unincorporated association, a limited liability company or a partnership, the transfer, assignment or hypothecation of twenty-five percent (25%) or more of any stock or interest in such corporation, association, limited liability company or partnership shall be deemed a transfer within the meaning of and subject to the provisions of this Article 19.

Appears in 5 contracts

Samples: Office Lease (Fresh Medical Laboratories, Inc.), Office Lease (Dimensional Visions Inc/ De), Office Lease (Dimensional Visions Inc/ De)

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Deemed Transfers. If Tenant is a corporation, an unincorporated ---------------- association, a limited liability company or a partnership, the transfer, assignment or hypothecation of twenty-five percent (25%) or more of any stock or interest in such corporation, association, limited liability company or partnership shall be deemed a transfer within the meaning of and subject to the provisions of this Article 19.. ----------

Appears in 1 contract

Samples: Office Lease (Argosy Education Group Inc)

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Deemed Transfers. If Tenant is a privately held corporation, or an unincorporated association, a limited liability company association or a partnership, the transferTransfer of any stock or interest in such corporation, assignment association or hypothecation partnership in the aggregate from the date of execution of this Lease in excess of twenty-five percent (25%) or more of any stock or interest in such corporation, association, limited liability company or partnership shall be deemed a transfer within the meaning of and subject to the provisions of this Article 19Transfer.

Appears in 1 contract

Samples: Office Lease

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