Common use of Subleases of Tenant Clause in Contracts

Subleases of Tenant. If Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease), 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 4 contracts

Samples: Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp)

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Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord upon the occurrence and continuation of a Default 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 (Xenith Bankshares, Inc.), Office Lease (Xenith Bankshares, Inc.)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord shall have the right right, subject to the terms of Section 14.9, above, 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: Sublease Agreement (Oportun Financial Corp), Sublease Agreement (Oportun Financial Corp)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, in the event such default continues beyond all applicable notice and cure periods, 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 (Arrowhead Pharmaceuticals, Inc.)

Subleases of Tenant. If In the event that Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord shall shall, subject to the provisions of Section 14.7 of this Lease, 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 (First Consulting Group Inc)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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 [Britannia Gateway Business Park] [Audentes Therapeutics, Inc. 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 (Audentes Therapeutics, Inc.)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord shall have the right right, subject to the terms of Section 14.9, above, 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: Rovi Corp

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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. Genworth Financial Wealth Management, Inc. 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 (AssetMark Financial Holdings, Inc.)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, in the event of an event of 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 within ten (10) days of notice from Landlord, 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 (Sirna Therapeutics Inc)

Subleases of Tenant. If Subject to the provisions of Section 14, whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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.. -38- 42

Appears in 1 contract

Samples: Office Lease (Nextcard Inc)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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, 692500.09/WLA371593-00023/6-13-12/ao/ao -00- XXX XXXXXX[Xxxxxx Realty, L.P.][Concur Technologies, Inc.] 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 (Concur Technologies Inc)

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Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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 1 contract

Samples: Office Lease (Salon Media Group Inc)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19if a Default has occurred, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for occupancy or possession entered into by Tenant and affecting the Premises or any portion thereof, 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.thereunder (including, without limitation, any Transfer Premium). 20.8

Appears in 1 contract

Samples: Neurocrine Biosciences Inc

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord (except as otherwise provided in this Lease) 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 (Internet Brands, Inc.)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)Tenant, as set forth in this Article 19, Landlord shall have have, unless otherwise agreed to in writing by Landlord, 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 (Arthrocare Corp)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default by tenant (Tenant which extends beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)period, 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 ’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 (Accelrys, Inc.)

Subleases of Tenant. If Whether or not Landlord elects to terminate this Lease on account of any default Default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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 ’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 (Active Network Inc)

Subleases of Tenant. If Whether or not Landlord elects to terminate ------------------- this Lease on account of any default by tenant (beyond the expiration of any applicable notice and cure period expressly set forth in this Lease)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 1 contract

Samples: Office Lease (Prime Response Group Inc/De)

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