Common use of Tenant’s Application Clause in Contracts

Tenant’s Application. In the event Tenant desires at any time to assign this Lease or sublet the demised premises, or any portion thereof, Tenant shall give written notice to Landlord of its intention, requesting Landlord's consent thereto. Such written notice shall be submitted to Landlord no more than ninety (90) days and no leas than sixty (60) days prior to the effective date of such proposed assignment, and shall contain the following information: (a) a notice of intention to assign the Lease or sublet the demised premises. requesting Landlord's consent thereto; (b) the proposed effective date of the proposed assignment (c) the name of the proposed Assignee; (d) the nature of the business to he carried out upon the demised premises by the proposed Assignee; (e) the terms and provisions of the proposed assignment (f) a copy of the proposed assignment or, if the name is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed Assignee; and (h) such other information Landlord may request. Landlord may, at any time within thirty (30) days after its receipt of such notice of a proposed assignment approve of disapprove of such proposed Assignment in writing to Tenant, or elect to terminate this Lease as provided in Section 26.9

Tenant’s Application. (Assignment and Sublease) ---------------------------------------------- In the event that Tenant desires at any time to assign this Lease or to sublet the demised premises, premises or any portion thereof, Tenant shall give written submit notice thereof to Landlord of its intention, requesting Landlord's consent thereto. Such written notice shall be submitted to Landlord no more than ninety (90) days and no leas than at least sixty (60) days prior to the effective date of such proposed assignment, and shall contain the following information: (a) a notice of intention to assign the Lease or sublet the demised premises. requesting Landlord's consent thereto; (b) the proposed effective date of the proposed assignment or sublease (c"Proposed Effective Date"), in writing, which shall include: (a) a request for permission to assign or sublease, setting forth the Proposed Effective Date, which shall be no less than sixty (60) nor more than ninety (90) days after the date such notice was submitted; (b) the name of the proposed Assigneesubtenant or assignee; (c) the nature of the proposed subtenant's or assignee's business to be carried on in the demised premises; (d) the nature terms, provisions, covenants and conditions of the business to he carried out upon the demised premises by the proposed Assigneesublease or assignment; and (e) the terms current financial information (audited, if available) of Tenant and provisions of the proposed assignment (f) a copy of the proposed assignment orsubtenant or assignee, if the name is not available, the letter of commitment or letter of intent; (g) a current, audited financial statement of the proposed Assignee; and (h) Tenant shall also promptly submit such other additional information as Landlord may request. Landlord may, at any time within thirty (30) days after its receipt of such notice of request in order to make a proposed assignment approve of disapprove of such proposed Assignment in writing to Tenant, or elect to terminate this Lease as provided in Section 26.9reasoned judgment.