Common use of Landlord’s Option as to Subject Space Clause in Contracts

Landlord’s Option as to Subject Space. Notwithstanding anything to the contrary contained in this Article 14, if Tenant requests Landlord’s consent to Transfer substantially all of the Premises for substantially the remaining Term, Landlord shall have the option, by giving written notice to Tenant within thirty (30) days after receipt of any Transfer Notice, to terminate this Lease. If Landlord declines, or fails to elect in a timely manner to terminate this Lease under this Section 14.4, then, provided Landlord has consented to the proposed Transfer, Tenant shall be entitled to proceed to transfer the Subject Space to the proposed Transferee, subject to provisions of the last paragraph of Section 14.2 above.

Landlord’s Option as to Subject Space. Notwithstanding anything to the contrary contained in this Article 14, if Tenant requests Landlord’s consent to Transfer substantially all of the Premises for substantially the remaining Term, Landlord shall have the option, by giving written notice to Tenant within thirty (30) days after receipt of any Transfer NoticeTenant's written request for consent to so Transfer, to recapture the Premises in the case of any assignment of the Lease or sublease of the entire Premises. Such recapture notice shall cancel and terminate this LeaseLease as of the effective date of the proposed Transfer. If Landlord declines, or fails to elect in a timely manner to terminate this Lease recapture the subject space under this Section 14.4, then, provided Landlord has consented to the proposed Transfer, Tenant shall be entitled to proceed to transfer Transfer the Subject Space Premises to the proposed Transferee, subject to provisions of the last paragraph of Section 14.2 above.this Article 14. 14.5

Landlord’s Option as to Subject Space. Notwithstanding anything to the contrary contained in this Article 14, if Tenant requests Landlord’s consent to Transfer substantially all of the Premises for substantially the remaining Term, Landlord shall have the option, by giving written notice to Tenant within thirty (30) days after receipt of any Transfer NoticeNotice which requests consent to the Transfer of the entire Premises for the entire remaining Term of this Lease, to recapture the Premises from Tenant. Such recapture notice shall cancel and terminate this LeaseLease as of the date stated in the Transfer Notice as the effective date of the proposed Transfer. If Landlord declines, or fails to elect in a timely manner to terminate this Lease recapture the Subject Space under this Section 14.4, then, provided Landlord has consented to the proposed Transfer, Tenant shall be entitled to proceed to transfer the Subject Space to the proposed Transferee, subject to provisions of the last paragraph of Section 14.2 above.