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)
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
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