Personal Options Sample Clauses

Personal Options. The Option(s) are personal to the Tenant named in Section 1.03 of the Lease or any Tenant's Affiliate described in Section 9.02
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Personal Options. The Options are personal to the Tenant named in Section 1.03 of this Lease or any Tenant Affiliate or Permitted Purchaser described in Section 9.07 of this Lease. If Tenant subleases any portion of the Property or assigns or otherwise transfers any interest under this Lease to an entity other than a Tenant’s Customer (defined below) or a Tenant Affiliate or a Permitted Purchaser prior to the exercise of an Option (whether with or without Landlord’s consent), then such Option and any succeeding Options shall lapse. If Tenant subleases any portion of the Property or assigns or otherwise transfers any interest of Tenant under this Lease to an entity other than a Tenant’s Customer or a Tenant Affiliate or a Permitted Purchaser after the exercise of an Option but prior to the commencement of the respective Extension (whether with or without Landlord’s consent), then such Option and any succeeding Options shall lapse and the Lease Term shall expire as if such Option were not exercised. If Tenant subleases any portion of the Property or assigns or otherwise transfers any interest of Tenant under this Lease to an entity other than a Tenant’s Customer or a Tenant Affiliate or a Permitted Purchaser after the exercise of an Option and after the commencement of the Extension related to such Option, then the term of this Lease shall expire upon the expiration of the Extension during which such sublease or transfer occurred and only the succeeding Options shall lapse.
Personal Options. The Option is personal to the Tenant named in Section 1.3 of the Lease and cannot be transferred without Landlord’s consent.
Personal Options. The Option(s) are personal to the above-named Tenant. Whether with or without Landlord's consent, if Tenant Transfers prior to the commencement of the respective Extension, such Option and any succeeding Option(s) shall lapse and the Term shall expire as if such Option had not been exercised. If Tenant Transfers after exercise of an Option and after the commencement of the Extension related to such Option, then the Term, shall expire upon the expiration of the Extension during which such Transfer occurred and any succeeding Option(s) shall lapse.
Personal Options. Each Extension Option is personal to the Tenant named in Section 1.3 of the Lease and cannot be transferred without Landlord’s consent. Notwithstanding the foregoing, if Landlord consents to a sublease of the Premises or an assignment of this Lease, each Extension Option may be transferred to Tenant’s sublessee or assignee, at Tenant’s election. The foregoing notwithstanding, at Landlord’s election, Landlord may require that the applicable Extension Option be exercised for the entire Premises or none of the Premises.
Personal Options. The Option is personal to the Tenant named above or any Tenant’s Affiliate described in Paragraph 12.1
Personal Options. The Renewal Options and the Additional Space Option set forth in this Section 3.4 are personal to Tenant and may not be assigned, transferred or conveyed to any party, except to an Affiliate or Successor of Tenant defined in Section 14.1 below provided that the foregoing shall not be construed to limit Tenant’s ability to exercise its rights under this Section 3.4 for the benefit of any Transferee permitted pursuant to Article 14 below.
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Personal Options. The Renewal Options set forth in this Section 3.4 are personal to Tenant and may not be assigned, transferred or conveyed to any party, except to an Affiliate or Successor of Tenant defined in Section 14.1 below provided that the foregoing shall not be construed to limit Tenant’s ability to exercise its rights under this Section 3.4 for the benefit of any Transferee permitted pursuant to Article 14 below.
Personal Options. The Option(s) are personal to the LESSEE names in Section I of the Lease. If LESSEE subleases any portion of the Property or assigns or otherwise transfers any interest under the Lease prior to the exercise of an Option (whether with or without LESSOR'S consent), such Option and any succeeding Options shall lapse and the Lease Term shall expire as if such Option were not exercised. If LESSEE subleases any portion of the Property or assigns or otherwise transfers any interest of LESSEE under the Lease in accordance with Article 25 of the Lease after the exercise of an Option and after the commencement of the Extension related to such Option, then the term of the Lease shall expire upon the expiration of the Extension during which such sublease or transfer occurred and only the succeeding Options shall lapse. B.
Personal Options. The Options(s) are personal to the Tenant named in the Lease. If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest under the Lease to any other person or entity prior to the exercise of an Option (whether with or without Landlord's consent), such Option and any succeeding Options shall lapse. If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest of Tenant under the Lease to any other person or entity after the exercise of an Option but prior to the commencement of the respective Extension (whether with or without Landlord's consent), such Option and any succeeding Options shall lapse and the Lease term shall expire as if such Option were not exercised. If Tenant subleases any portion of the Premises or assigns or otherwise transfers any interest of Tenant under the Lease in accordance with Article 15 of the Lease after the exercise of an Option and after the commencement of the Extension related to such Option, then the term of the Lease shall expire upon the expiration of the Extension during which such sublease or transfer occurred and only the succeeding Options shall lapse.
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