Common use of EFFECT OF LANDLORD'S CONSENT Clause in Contracts

EFFECT OF LANDLORD'S CONSENT. Any consent by Landlord to a sale, assignment, sublease, mortgage, pledging, hypothecation, or transfer of this lease, shall apply only to the specific transaction thereby authorized and shall not relieve Tenant from the requirement of obtaining the prior written consent of Landlord to any further sale, assignment, sublease, mortgage, pledge, hypothecation, or transfer of this lease. In instances where the consent of Landlord is required hereunder to any proposed assignment or sublease of this Lease, or to the mortgaging, pledging or hypothecation of this Lease, contemporaneously with the request of Tenant therefore, Tenant shall subm▇▇ ▇▇ writing information reasonably sufficient to enable landlord to decide with respect thereto including, but not limited to, (i) the name and address of the proposed transferee, (ii) a current financial statement of the proposed transferee, (iii) the consideration to be paid by the proposed transferee to Tenant, and (iv) the use intended to be made of the Premises by the proposed transferee. Landlord shall reply to Tenant within ▇▇▇ (▇▇) days after receipt of the request and information as aforementioned. With respect to any of the consents requested by Tenant under the provisions of this ▇▇▇▇▇▇e 1 5, whether or not the Landlord shall have consented thereto, Tenant shall pay to Landlord all reasonable counsel fees and other out-of-pocket expenses incurred by the Landlord in connection therewith.

EFFECT OF LANDLORD'S CONSENT. Any consent by Landlord to a sale, assignment, sublease, mortgage, pledging, hypothecation, or transfer of this leaseLease, shall apply only to the specific transaction thereby authorized and shall not relieve Tenant from the requirement of obtaining the prior written consent of Landlord to any further sale, assignment, sublease, mortgage, pledge, hypothecation, or transfer of this leaseLease. In instances where the consent of Landlord is required hereunder here under to any proposed assignment or sublease of this Lease, or to the mortgaging, pledging or hypothecation of this Lease, contemporaneously with the request of Tenant thereforetherefor, Tenant shall subm▇▇ ▇▇ submit in writing information reasonably sufficient to enable landlord Landlord to decide with respect thereto including, but not limited to, (i) the name and address of the proposed transferee, (ii) a current financial statement of the proposed transferee, (iii) the consideration to be paid by the proposed transferee to Tenant, and (iv) the use intended to be made of the Premises by the proposed transferee. Landlord shall reply to Tenant within ▇▇▇ ten (▇▇10) days after receipt of the request and information as aforementioned. With respect to any of the consents requested by Tenant under the provisions of this ▇▇▇▇▇▇e 1 5, whether or not the Landlord shall have consented thereto, Tenant shall pay to Landlord all reasonable counsel fees and other out-of-pocket expenses incurred by the Landlord in connection therewith.

EFFECT OF LANDLORD'S CONSENT. Any consent by Landlord to a sale, assignment, sublease, mortgage, pledging, hypothecation, or transfer of this leaseLease, shall apply only to the specific transaction thereby authorized and shall not relieve Tenant from the requirement of obtaining the prior written consent of Landlord to any further sale, assignment, sublease, mortgage, pledge, hypothecation, or transfer of this leaseLease. In instances where the consent of Landlord is required hereunder to any proposed assignment or sublease of this Lease, or to the mortgaging, pledging or hypothecation of this Lease, contemporaneously with the request of Tenant thereforetherefor, Tenant shall subm▇▇ ▇▇ submit in writing information reasonably sufficient to enable landlord Landlord to decide with respect thereto including, but not limited to, (i) the name and address of the proposed transferee, (ii) a current financial statement of the proposed transferee, (iii) the consideration to be paid by the proposed transferee to Tenant, and (iv) the use intended to be made of the Premises by the proposed transferee. Landlord shall reply to Tenant within ▇▇▇ ten (▇▇10) days after receipt of the request and information as aforementioned. With respect to any of the consents requested by Tenant under the provisions of this ▇▇▇▇▇▇e 1 5Article 15, whether or not the Landlord shall have consented thereto, Tenant shall pay to Landlord all reasonable counsel fees and other out-of-pocket expenses incurred by the Landlord in connection therewith.