Common use of Void Without Consent Clause in Contracts

Void Without Consent. A proposed Transfer without such consent shall be void, and shall, at the option of the Landlord, constitute a default under the terms of this Lease. No sublease or assignment shall release Tenant from continuing liability hereunder. Within forty-five (45) days after receipt of ▇▇▇▇▇▇’s written request for consent in accordance with this section, Landlord shall respond in writing to the proposed Transfer. If ▇▇▇▇▇▇▇▇ refuses to consent to a proposed Transfer, it shall state in writing the specific reason(s) for its refusal to consent. If ▇▇▇▇▇▇▇▇ fails to respond in writing to a request for consent within the forty-five (45)- day period, or if Landlord refuses to consent in writing within the forty-five (45)-day period but does not state in writing the specific reason(s) for its refusal, Landlord shall conclusively be deemed to have consented to the proposed Transfer.

Appears in 1 contract

Sources: Ground Lease

Void Without Consent. A proposed Transfer without such consent shall be void, and shall, at the option of the Landlord, constitute a default under the terms of this Lease. No sublease or assignment shall release Tenant from continuing liability hereunder. Within forty-five (45) days after receipt of ▇▇▇▇▇▇Tenant’s written request for consent in accordance with this section, Landlord shall respond in writing to the proposed Transfer. If ▇▇▇▇▇▇▇▇ Landlord refuses to consent to a proposed Transfer, it shall state in writing the specific reason(s) for its refusal to consent. If ▇▇▇▇▇▇▇▇ Landlord fails to respond in writing to a request for consent within the forty-five (45)- day period, or if Landlord refuses to consent in writing within the forty-five (45)-day period but does not state in writing the specific reason(s) for its refusal, Landlord shall conclusively be deemed to have consented to the proposed Transfer.

Appears in 1 contract

Sources: Ground Lease