Common use of Subleases of Tenant Clause in Contracts

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 94 contracts

Samples: Office Lease (Akamai Technologies Inc), Office Lease (Favrille Inc), Lease (Aethlon Medical Inc)

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Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 44 contracts

Samples: Office Lease (Bridgepoint Education Inc), Office Lease (Affymetrix Inc), Office Lease (Nektar Therapeutics)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 30 contracts

Samples: Office Lease (Box Inc), Lease (Allogene Therapeutics, Inc.), Lease (Ligand Pharmaceuticals Inc)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 15 contracts

Samples: Office Lease (Roku, Inc), Lease (Nkarta, Inc.), Office Lease

Subleases of Tenant. Whether or not Landlord elects to terminate this ------------------- Lease on account of any default by Tenant, as set forth in this Article 19, ---------- Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 7 contracts

Samples: Office Lease (Equinix Inc), Office Lease (Turbolinux Inc), Pacific Financial (Pimco Advisors Holdings Lp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 6 contracts

Samples: Lease (Synthorx, Inc.), Office Lease (Arlo Technologies, Inc.), Sorrento Highlands (Decipher Biosciences, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 5 contracts

Samples: Partial Lease Termination Agreement (Zentalis Pharmaceuticals, Inc.), Boardwalk Lease (Arcturus Therapeutics Holdings Inc.), Callan Ridge (Turning Point Therapeutics, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 5 contracts

Samples: Office Lease (Airbnb, Inc.), Office Lease (Xponential Fitness, Inc.), Lease (Penumbra Inc)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article ARTICLE 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord has terminated this Lease and elected to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 4 contracts

Samples: Office Lease (3com Corp), Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by TenantXxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord’s sole discretion, succeed to TenantXxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of LandlordXxxxxxxx’s election to succeed to TenantXxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 4 contracts

Samples: Lease (Denali Therapeutics Inc.), Lease (Denali Therapeutics Inc.), Sublease (Reddit, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate or renegotiate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice Notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 4 contracts

Samples: Office Lease (Solar Power, Inc.), Office Lease (Tracon Pharmaceuticals, Inc.), Office Lease (Tracon Pharmaceuticals Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises within ten (10) days of notice from Landlord, or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 4 contracts

Samples: Office Lease (Lyft, Inc.), Office Lease (Jaguar Animal Health, Inc.), Office Lease (Lyft, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 3 contracts

Samples: Office Lease (Advanced Medical Optics Inc), Office Lease (Intralase Corp), Office Lease (Nabriva Therapeutics PLC)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article ARTICLE 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Vical Inc), Office Lease (Unapix Entertainment Inc), Magnetek Inc

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Office Lease (Penumbra Inc), Office Lease (Allied Esports Entertainment, Inc.)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article ARTICLE 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord has terminated this Lease and elected to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Office Lease (DermTech, Inc.), Pointe Grand Business Park (Vaxart, Inc.)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by TenantTxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Txxxxx and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s Txxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s Lxxxxxxx's election to succeed to Tenant’s Txxxxx's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Lease (Surrozen, Inc./De), Five Prime Therapeutics Inc

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Office Lease (Spinal Elements Holdings, Inc.), Office Lease (Spinal Elements Holdings, Inc.)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Office Lease (Rockley Photonics Holdings LTD), Lease (Principia Biopharma Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.. HCP LS REDWOOD CITY, LLC [Britannia Seaport Centre] [Relypsa, Inc.]

Appears in 2 contracts

Samples: Lease (Relypsa Inc), Lease (Relypsa Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19Section 18, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 2 contracts

Samples: Lease Agreement (Ultragenyx Pharmaceutical Inc.), Lease Agreement (Sangamo Therapeutics, Inc)

Subleases of Tenant. Whether or not Subject to the terms of Section 14.7 above, if Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19Lease, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice Notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Electronic Arts Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, . in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, . Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease (Neophotonics Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 1916, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Ultimate Software Group Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 1916, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Fresh Healthy Vending International, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord elects to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office And (Aquantia Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Leased Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Quotient Technology Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of written notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Accelrys, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this the Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease Agreement (Arbinet Thexchange Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by TenantEvent of Default, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Work Letter Agreement (Dexcom Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by TenantDefault, as set forth in this Article 1917, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord’s sole discretion, succeed to TenantXxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of LandlordXxxxxxxx’s election to succeed to TenantXxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease Agreement (Gsi Technology Inc)

Subleases of Tenant. Whether or not Landlord elects to ------------------- terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Barbeques Galore LTD)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.. 33 LAKESHORE TOWERS BUILDING III [Quality Systems, Inc.]

Appears in 1 contract

Samples: Office Lease (Quality Systems Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 1916, Landlord shall have the right to terminate any and all subleases, licenses, concessions concessions, or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent Rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Clayton Holdings Inc)

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Subleases of Tenant. Whether or not Subject to the terms of Section 14.7 above, if Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19Lease, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice Notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Etoys Inc)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19Section 18, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease Agreement (Zuora Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.. LAKESHORE TOWERS BUILDING III [Quality Systems, Inc.]

Appears in 1 contract

Samples: Office Lease (Quality Systems Inc)

Subleases of Tenant. Whether or not In the event Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Memec Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by TenantXxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s Xxxxxxxx's sole discretion, succeed to Tenant’s Xxxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s Xxxxxxxx's election to succeed to Tenant’s Xxxxxx's interest in any such subleases, licenses, concessions or arrangementsarrangements following Xxxxxx's defaults, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Multi (Aehr Test Systems)

Subleases of Tenant. Whether or not In the event that Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 1920, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (CPS Systems Inc)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Ground Lease Agreement (Imaging3 Inc)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by TenantXxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s Xxxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s Xxxxxxxx's election to succeed to Tenant’s Xxxxxx's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease (Pliant Therapeutics, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate ------------------- this Lease on account of any default by Tenant, as set forth in this Article 19, ---------- Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease (Diversa Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19Event of Default, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord’s Xxxxxxxx's sole discretion, succeed to Tenant’s Xxxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s Xxxxxxxx's election to succeed to Tenant’s Xxxxxx's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Reddit, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any events of default by TenantXxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to TenantXxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of LandlordXxxxxxxx’s election to succeed to TenantXxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Lease (Vir Biotechnology, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.. 19.4

Appears in 1 contract

Samples: The Boardwalk Lease (Zentalis Pharmaceuticals, Inc.)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, then Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Genesis Campus Point (Heron Therapeutics, Inc. /De/)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by TenantXxxxxx, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in LandlordXxxxxxxx’s sole discretion, succeed to TenantXxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of LandlordXxxxxxxx’s election to succeed to TenantXxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Childrens Place Retail Stores Inc)

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord has terminated this Lease and elected to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (3com Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, . Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (KAYAK SOFTWARE Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 1916, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Work Letter Agreement (MPG Office Trust, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article ARTICLE 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole and absolute discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s 's election to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Newgen Results Corp)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord elects to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Sierra Oncology, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by Tenant, as set forth in this Article 19, . Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Cision Ltd.)

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole reasonable discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (TrueCar, Inc.)

Subleases of Tenant. Whether or not Landlord elects to terminate this -------------------- Lease on account of any default by Tenant, as set forth in this Article 19, ---------- Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s 's sole discretion, succeed to Tenant’s 's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election If Landlord elects to succeed to Tenant’s 's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Appears in 1 contract

Samples: Office Lease (Mego Financial Corp)

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