Common use of Relationship With Landlord Clause in Contracts

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxx's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under the Lease (whether or not Landlord terminates the Lease), Landlord may at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease), (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 below, or (iii) elect to succeed to Xxxxxx's interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease).

Appears in 1 contract

Samples: Consent to Sublease Agreement (Prothena Corp Public LTD Co)

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Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxx(strictly as security for Tenant's obligations under the Lease, and which shall not be construed as amending Section 14.3 of the Lease) the Tenant's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 43. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease, subject to Landlord's right to receive the Transfer Premium pursuant to Section 14.3 of the Lease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under Section 19.1 of the Lease (whether or not and Landlord terminates the Lease), Landlord may may, in connection with Section 19.4 of the Lease, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease)Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 3.1, below, or (iii) elect to succeed to XxxxxxTenant's interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease)3.2, below.

Appears in 1 contract

Samples: Nondisturbance and Attornment Agreement (Websense Inc)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxx's the Tenant’s interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4. Landlord, by consenting to the Sublease agrees that until except while a default beyond applicable notice and cure periods shall occur exist in the performance of Tenant's ’s obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under the Lease (whether or not Landlord terminates the Lease), Landlord may at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease), (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 4.1, below, or (iii) elect to succeed to Xxxxxx's Tenant’s interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 4.2, below (only if Landlord terminates the Lease).

Appears in 1 contract

Samples: Sublease (Alector, Inc.)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord XxxxxxTenant's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4SECTION 3. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under SECTION 21.1 of the Lease (whether or not Landlord terminates the Lease), Landlord may may, in connection with SECTION 22.1 of the Lease, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease)Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 SECTION 3.1, below, or (iii) elect to succeed to XxxxxxTenant's interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease)SECTION 3.2, below.

Appears in 1 contract

Samples: Lease and Parking License Agreement (Imageware Systems Inc)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxx's the Tenant’s interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4. Landlord, by consenting to the Sublease agrees that until the earlier of (a) the occurrence of a default beyond applicable notice and cure periods shall occur in the performance of Tenant's ’s obligations under the LeaseLease which remains uncured beyond any applicable notice and cure period, or (b) the occurrence of a Recurring Rent Default (defined below), Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under the Lease (whether or not Landlord terminates the Lease, except in the case of clause (i) of this sentence), which default remains uncured beyond any applicable notice and cure period, Landlord may at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates Lease and the Lease)Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 4.1, below, or (iii) elect to succeed to Xxxxxx's Tenant’s interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below 4.2, below. Additionally, in the event a Recurring Rent Default occurs, Landlord may at its option by notice to Tenant, elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1, below. As used herein, a “Recurring Rent Default” shall mean and refer to Tenant’s failure to pay minimum rental, operating expenses or any other sum payable under the Lease on or before the due date thereof on three (only if Landlord terminates the Lease)3) or more occasions during any twelve (12) consecutive month period.

Appears in 1 contract

Samples: Consent to Sublease Agreement (Exelixis Inc)

Relationship With Landlord. Tenant Sublandlord hereby assigns and transfers to Landlord Xxxxxx's the Sublandlord’s interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 43. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods an Event of Default shall occur in the performance of Tenant's Sublandlord’s obligations under the Lease, Tenant Sublandlord may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods If there is an Event of Default by Sublandlord in the performance of its obligations to Landlord under the Lease (whether or not Lease, then Landlord terminates the Lease)may, Landlord may at its option by notice to TenantSublandlord, either (ia) terminate the Sublease (only if Landlord terminates Lease and the Lease)Sublease, (iib) during the continuance of such Event of Default, elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 3.1 below, or (iiic) terminate the Lease and elect to succeed to Xxxxxx's Sublandlord’s interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease).3.2 below. /s/ RG /s/ CW /s/MK Initial Initial Initial

Appears in 1 contract

Samples: Lease Agreement (Atlas Crest Investment Corp.)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxx's Landlord, pursuant to the express terms and conditions of this Section 3 and conditioned thereon, Tenant’s interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4. Landlord, by consenting to the Sublease Sublease, agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In ; provided, however, in the event Tenant shall default be in Default (beyond any applicable notice and cure periods periods) in the performance of its obligations to Landlord under the Lease (whether or not Landlord terminates the Lease), Landlord may may, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease), (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, to the extent of the rent and any other sums due under the Lease, all as further set forth in Section 4.1 3.1, below. In the event that the Lease shall be terminated, Landlord may, at its option by notice to Tenant, either (i) terminate the Sublease, or (iiiii) elect to succeed to Xxxxxx's Tenant’s interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease)3.2, below.

Appears in 1 contract

Samples: Consent to Sublease Agreement (Twilio Inc)

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Relationship With Landlord. Tenant hereby assigns and transfers to -------------------------- Landlord Xxxxxxthe Tenant's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 43. Landlord, by --------- consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under Section 11.1 of ------------ the Lease (whether or not Landlord terminates the Lease), subject to the terms of that certain Agreement of Non-Disturbance and Attornment (the "Recognition Agreement"), dated as of the date hereof, between Landlord may and Subtenant, Landlord may, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease)the. Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 4, below, or (iii) elect to succeed to XxxxxxTenant's interest in the --------- Sublease and cause Subtenant to attorn to Landlord, as further set forth in the Recognition Agreement. Nothing in the preceding election shall diminish or alter Subtenant's non-disturbance protections set forth in Section 4.2 below (only if Landlord terminates I of the Lease)Recognition Agreement.

Appears in 1 contract

Samples: Sublease Agreement (Keith Companies Inc)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxxthe Tenant's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4SECTION 3. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under SECTION 19.1 of the Lease (whether or not Landlord terminates the Lease), however, Landlord may may, in connection with SECTION 19.3 of the Lease, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease)Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 SECTION 3.1, below, or (iii) elect to succeed to XxxxxxTenant's interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease)SECTION 3.2, below.

Appears in 1 contract

Samples: Office Lease and Consent to Sublease Agreement (Specialty Laboratories)

Relationship With Landlord. Tenant hereby assigns and transfers to Landlord Xxxxxxthe Tenant's interest in the Sublease and all rentals and income arising therefrom, subject to the terms of this Section 4SECTION 3. Landlord, by consenting to the Sublease agrees that until a default beyond applicable notice and cure periods shall occur in the performance of Tenant's obligations under the Lease, Tenant may receive, collect and enjoy the rents accruing under the Sublease. In the event Tenant shall default beyond applicable notice and cure periods in the performance of its obligations to Landlord under SECTION 19.1 of the Lease (whether or not Landlord terminates the Lease), however, Landlord may may, in connection with SECTION 19.3 of the Lease, at its option by notice to Tenant, either (i) terminate the Sublease (only if Landlord terminates the Lease)Sublease, (ii) elect to receive and collect, directly from Subtenant, all rent and any other sums owing and to be owed under the Sublease, as further set forth in Section 4.1 SECTION 3.1, below, or (iii) elect to succeed to Xxxxxx---------------------- * PORTIONS OF THIS PAGE HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Tenant's interest in the Sublease and cause Subtenant to attorn to Landlord, as further set forth in Section 4.2 below (only if Landlord terminates the Lease)SECTION 3.2, below.

Appears in 1 contract

Samples: Lease (Specialty Laboratories)

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