Common use of Landlord’s Options Clause in Contracts

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable grounds.

Appears in 2 contracts

Sources: Multi Tenant Industrial Lease (Aurora Biosciences Corp), Multi Tenant Industrial Lease (Triple Net) (Aurora Biosciences Corp)

Landlord’s Options. Within fifteen ten (1510) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below; or (iii) terminate this Lease and recapture the Premises for reletting by Landlord.

Appears in 2 contracts

Sources: Industrial Lease (Cutter & Buck Inc), Industrial Lease (Cutter & Buck Inc)

Landlord’s Options. Within fifteen ten (1510) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Lease (Apria Healthcare Group Inc)

Landlord’s Options. Within fifteen ten (1510) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's ’s financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable grounds.

Appears in 1 contract

Sources: Multi Tenant Industrial Lease (Lacrosse Footwear Inc)

Landlord’s Options. Within fifteen ten (1510) business days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord ▇▇▇▇▇▇▇▇ concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds which shall be set forth in a detailed written statement to Tenant.

Appears in 1 contract

Sources: Lease (Ufp Technologies Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: following (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Office Building Lease (Alliance Bancshares California)

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Standard Industrial/Commercial Lease (Axsys Technologies Inc)

Landlord’s Options. Within fifteen ten (1510) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, if Landlord's consent is required, Landlord will notify Tenant of its election elect to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Lease Agreement (Illumina Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's ------------------ receipt of any Transfer Notice, and any additional information reasonably requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: : (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or Transfer, or (ii) refuse such consent, consent which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subsection 24(f).

Appears in 1 contract

Sources: Sublease Agreement (Auto by Tel Corp)

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any the Transfer Notice, and any additional information reasonably requested by Landlord concerning the proposed Transferee's financial responsibilityTransfer, Landlord will notify Tenant of its election elect to do one of the following: following (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable grounds. The failure of Landlord to refuse such consent within the fifteen (15) day period will constitute Landlord's acceptance and consent to the Transfer.

Appears in 1 contract

Sources: Lease Agreement (Discovery Bancorp)

Landlord’s Options. Within fifteen (15) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's ’s financial responsibility, Landlord will notify Tenant of its election elect to do one of the following: following (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Industrial/Commercial Lease (Hei Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable grounds.

Appears in 1 contract

Sources: Single Tenant Industrial Lease (Cymer Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibilitycondition, Landlord will notify Tenant of its election elect to do one of the following: following (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds including, without limitation, those set forth in Subparagraph 24(f) below.

Appears in 1 contract

Sources: Office Building Lease (Interplay Entertainment Corp)

Landlord’s Options. Within fifteen (15) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's ’s financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds set forth in Landlord’s notice.

Appears in 1 contract

Sources: Single Tenant Lease (Triple Net) (Global Brass & Copper Holdings, Inc.)

Landlord’s Options. Within fifteen ten (1510) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's financial responsibility, Landlord will notify Tenant of its election elect in writing to do one of the following: following (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable groundsgrounds (set forth in reasonable detail in such notice of election).

Appears in 1 contract

Sources: Office Building Lease (Quest Software Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's ’s financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consent; or (ii) refuse such consent, which refusal shall be on reasonable grounds.

Appears in 1 contract

Sources: Multi Tenant Industrial Lease (BioMed Realty Trust Inc)

Landlord’s Options. Within fifteen (15) days of Landlord's ’s receipt of any Transfer Notice, and any additional information requested by Landlord concerning the proposed Transferee's ’s financial responsibility, Landlord will notify Tenant of its election to do one of the following: (i) consent to the proposed Transfer subject to such reasonable conditions as Landlord may impose in providing such consentTransfer; or (ii) refuse such consent, which refusal shall be on reasonable grounds.

Appears in 1 contract

Sources: Single Tenant Industrial Lease (Cymer Inc)