Tenant’s Right. Provided that, at the time of such exercise and again at the Expansion Date, (i) there exists no Default of Tenant (or any event or circumstance which, with the passage of time or the giving of notice, or both, would constitute a Default of Tenant); (ii) this Lease is still in full force and effect; and (iii) Tenant shall not have assigned this Lease or sublet any or all of the Premises and actually occupies the entire Premises, Landlord hereby grants Tenant the right and option to expand and increase the size of the Premises by adding thereto the Landlord’s Units (containing approximately 5,202 square feet of space) for the then-remainder of the Term of this Lease (including any Extended Term(s)). Tenant may exercise its option to expand by giving Landlord written notice (the “Expansion Notice”) of its desire to exercise the expansion option. If Tenant so elects, then effective on the one hundred eightieth (180th) day after the giving of such Notice (the “Expansion Date”), (i) the size of the Premises shall automatically be increased to include the Landlord’s Units, (ii) the Landlord shall vacate and deliver possession of the Landlord’s Units, in their then “AS IS” condition (without any representation or warranty), and (iii) the Basic Rent will be increased to reflect the increase in the size of the Premises (at the same per-square-foot rate as from time to time is in effect for the initial Premises). Tenant may not give an Expansion Notice prior to the last day of the thirtieth (30th) calendar month after the Commencement Date (counting the calendar month in which the Commencement Date occurs unless the Commencement Date is not the first day of a calendar month, in which case the first such month will not be counted). If Tenant has not already exercised its option to extend the Term of the Lease for the First Extended Term by the time Tenant gives an Expansion Notice, then the giving of an Expansion Notice will automatically constitute the Tenant’s exercise of its option to extend the Term for the First Extended Term. Tenant may not give an Expansion Notice later than the last day of the forty-second (42nd) calendar month after the Commencement Date (counting the calendar month in which the Commencement Date occurs unless the Commencement Date is not the first day of a calendar month, in which case the first such month will not be counted). If Tenant has not already exercised its option to extend the Term of the Lease for the Second Extended Term by the...
Tenant’s Right. Subject to compliance with Sections 5.4 and 6.1, Tenant may Transfer this Lease or the Leasehold Estate to an Affiliate of Tenant without Landlord’s consent (but with prior written Notice) and otherwise with Landlord’s prior written consent, not to be unreasonably withheld, delayed or conditioned. Any assignee of Tenant shall assume all obligations and liabilities of Tenant under this Lease. Tenant shall pay all transfer and other taxes payable on account of any Transfer by Tenant. Tenant shall promptly Notify Landlord of any Transfer. After Tenant assigns this Lease and the assignee assumes it, the assignor shall have no obligation or liability under this Lease, except any unperformed obligations that arose before the assignment (unless assumed in writing, in recordable form, by the assignee). If Tenant assigns this Lease, then as between Landlord and Tenant, Tenant shall be deemed to have assigned to the assignee or transferee all claims against Landlord then existing, and the assignee shall be deemed, by assuming this Lease, to have assumed all liabilities and obligations of Tenant then existing or thereafter arising under this Lease (except as this Lease otherwise expressly states).
Tenant’s Right. Subject to Sections 5.4 and 6.1, Tenant may not enter into or Modify any Sublease, terminate any Sublease or evict any Subtenant, and grant any consent under any Sublease, without Landlord’s prior written consent (which consent shall not be unreasonably withheld); provided, however, that Tenant may enter into, terminate or grant any consent under any Sublease with a Subtenant that is an affiliate of Tenant without Landlord’s consent. No Sublease shall affect any obligations of Tenant or rights of Landlord under this Lease, all of which shall continue in full force and effect notwithstanding any Sublease. Any Sublease shall expire no later than one hour before the Expiration Date. The fact that any Subtenant causes any Default shall not relieve Tenant of Tenant’s obligation to cure it. Tenant shall take all steps reasonable and necessary to prevent any such Default.
Tenant’s Right. Tenant shall have the right, at any time and from time to time during the Term, to sublet all or any portion of the Premises and to extend, modify or renew any sublease without the approval of Landlord.
Tenant’s Right. Subject to Clause 4.6.2, the Landlord will deliver to the Tenant, on demand from time to time and at the Landlord's expense, such documents and evidence as the Keeper may require to enable the Keeper to create the title sheet disclosing the Tenant as the registered proprietor of the whole of the tenant's right in the Lease. Such documents will include (unless the Property comprises part only of a building): a plan or bounding description sufficient to enable the Property to be identified on the cadastral map; and evidence (such as a plans report) that (i) the description of the Property in the Lease is habile to include the whole of the occupied extent; and (ii) there is no conflict between the extent of the Property and registered cadastral units.
Tenant’s Right. Tenant shall have the right, at any time and from time to time during the Term, to assign all or any portion of its right, title and estate in the Premises and in this Lease without approval by Landlord. Any such assignee, immediate or remote, shall have the same right of assignment. Any such assignment shall be evidenced by a written instrument, properly executed and acknowledged by all parties thereto and, at Tenant's election, duly recorded in the Official Records, wherein and whereby the assignee assumes all of the obligations of Tenant under this Lease. Notwithstanding any such assignment and assumption or any sublease permitted under Section 14.2 hereof, Tenant shall remain primarily liable for all obligations and liabilities on the part of Tenant theretofore or thereafter arising under this Lease.
Tenant’s Right. Notwithstanding anything to the contrary in this Restated Lease, and subject to the terms of Third Party Leases, Tenant shall have the right to contest, at its sole expense, by appropriate legal proceedings diligently conducted in good faith, the amount or validity of any Imposition or Prohibited Lien; the valuation, assessment or reassessment (whether proposed or final) of any Property for purposes of Real Estate Taxes; the validity of any Law or Environmental Law or the application of any Law or Environmental Law to any Property; or the validity or merit of any claim against which Tenant is required to Indemnify Landlord under this Restated Lease (any of the foregoing, a "Contest"). Tenant may defer payment of the contested Imposition or compliance with the contested Law or performance of any other contested obligation pending the outcome of the Contest, provided that such deferral does not subject (a) the applicable Property or any portion thereof to any risk of imminent forfeiture or foreclosure of any Fee Mortgage, or (b) Landlord to any risk of criminal liability.
Tenant’s Right. Tenant cannot assign this Lease or sublet all or any -------------- part of the Premises without the prior written consent of Landlord, *If Tenant wants to assign this Lease or sublet all or a portion of the Premises, Tenant shall first notify Landlord in writing of the name of the proposed assignee or sub-tenant and the proposed use of the Premises, and provide such financial and other *which consent shall not be unreasonably withheld. information as Landlord may reasonably require about the proposed assignee or subtenant. It shall not be unreasonable for Landlord to withhold its consent to a proposed assignment or sublease for any reason, including, if (i) the reputation, financial responsibility, or business of the proposed assignee or subtenant is unacceptable to Landlord; (ii) the intended use of the Premises by the proposed assignee or subtenant violates any Laws or requires modifications to the Premises or the Building Complex to comply with Laws; (iii) if the proposed assignee or subtenant is a present tenant of the Building. Tenant shall have no right to assign this Lease or sublet any part of the Premises if a notice of default has been delivered by Landlord to Tenant, which default has not been cured, or if an Event of Default exists under this Lease, either at the time of Tenant's request for Landlord's consent to an assignment or sublease or at the time the assignment or sublease is scheduled to commence.
Tenant’s Right. Tenant cannot assign this Lease or sublet all or any part of the Premises without the prior written consent of Landlord, which consent shall not be unreasonably withheld. If Tenant wants to assign this Lease or sublet all or a portion of the Premises, Tenant shall first notify Landlord in writing of the name of the proposed assignee or sub-tenant and the proposed use of the Premises, and provide such financial and other information as Landlord may reasonably require about the proposed assignee or subtenant. It shall not be unreasonable for Landlord to withhold its consent to a proposed assignment or sublease, including, if (i) the reputation, financial responsibility, or business of the proposed assignee or subtenant is unacceptable to Landlord; (ii) the intended use of the Premises by the proposed assignee or subtenant either (a) is not similar to the use of the Premises authorized by the provisions of this Lease or (b) violates any Laws or requires modifications to the Premises or the Building Complex to comply with Laws unless such modification is paid for by Tenant or Sub-Tenant and is installed pursuant to and in compliance with Paragraph 11 above; (iii) if the proposed assignee or subtenant is a present or former tenant of the Building, or (iv) the rent to be paid by the proposed assignee or sublessee is no less than 85% of the Rent paid by Tenant for that space or is less than 85% of the rental rate then being offered by Landlord for similar space in the Building. Tenant shall have no right to assign this Lease or sublet any part of the Premises if a notice of default has been delivered by Landlord to Tenant, which default has not been cured, or if an Event of Default exists under this Lease, either at the time of Tenant's request for Landlord's consent to an assignment or sublease or at the time the assignment or sublease is scheduled to commence.
Tenant’s Right. Owner agrees that unless sub-paragraph 5 of this Article 20 has been stricken out of this Lease You do not have the right to collect reasonable legal fees/expenses incurred in a successful defense by You of lawsuit brought by Owner against You or brought by You against Owner to the extent provided by Real Property Law, section 234.
