New York Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent

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Multi-State
Control #:
US-OL21013
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Description

This office lease form contains a contractual right in the transfer clause for the landlord to withhold its consent for specific situations not usually prohibited under the reasonableness standard. The tenant shall neither assign the lease nor sublet all or a portion of the demised premises without the landlord's prior written consent. This form outlines the specific situation where the landlord may withhold such consent.

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FAQ

Transfer clauses?sale by administrator. This precedent is transfer clauses, for use where a property is being sold by administrator. It contains provisions to be inserted into the transfer dealing with title guarantee, limitation of liability, the powers of the administrator and the execution clause.

A transfer agreement is a legally binding document that conveys ownership from one person or entity to another. Transfer agreements are used to sell real estate, businesses, and other tangible assets as well as intellectual property such as computer code, song lyrics, and industrial processes.

When is a refusal to provide consent considered unreasonable? In general, a landlord is not considered to be acting reasonably if it refuses to provide consent to a Transfer for capricious or arbitrary reasons.

A transfer of ownership agreement is a contract used to transfer ownership of something sold by one person (the Seller) to the person buying the products (the Buyer). These agreements can be used to sell a goods, a business, a vehicle, or even land.

Each Party shall deliver to the other all Know-How Controlled by it or its Affiliates and requested by the other Party from time to time, pursuant to the exercise by such other Party of any of the licenses granted hereunder.

The purpose of the Transfer Restriction covenant in the acquisition agreement is to limit the risk that a seller or subsequent transferee would transfer the securities the seller receives from the acquirer in violation of applicable securities laws, which could potentially subject not only the seller, but also the ...

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New York Transfer Clause Containing a contractual Right for the Landlord to Withhold Consent