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CCP 02-13-1995
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CCP 02-13-1995
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<br /> I <br /> I. 15. Presentations and Warranties. <br /> I <br /> Landlord represents that: <br /> a. <br /> I i. It has full right, power, and authority to <br /> execute this Lease; and <br /> I ii. It has good and unencumbered title of the <br /> Property free and clear of any liens or <br /> I mortgages. Landlord warrants that Tenant <br /> shall have the quiet enjoyment of the <br /> Property during the term of this Lease in <br /> I accordance with its terms. <br /> 16. Assianment. Tenant may not assign this Lease without <br /> I Landlord's prior written consent, which consent shall not be <br /> unreasonably withheld, but may, without such consent, and so long <br /> as Tenant shall remain liable for the performance of Tenant's <br /> I obligations hereunder, assign this Lease in whole or in part; (i) <br /> as security for Tenant's performance of obligations incurred in <br /> I- order to make improvements to the Leased Premises, or (ii) to any <br /> entity controlling, controlled by or under common control with <br /> Tenant. Not withstanding the foregoing, Tenant may assign or <br /> I sublet its interest in this Lease or may assign or sublet the <br /> Leased Premises, or any portion thereof, without Lessors consent, <br /> to any entity which controls, is controlled by, or is under the <br /> I common control with Tenant, or to any entity resulting from any <br /> merger or consolidation with Tenant, or to any partner of Tenant <br /> or to any partnership in which Tenant is a general partner or to <br /> I any person or entity which acquires all the assets of Tenant as a <br /> going concern or to any entity which obtains a security interest <br /> In a substantial portion of Tenants assets. Landlord hereby <br /> I consents the assignment by Tenant of its rights under this Lease <br /> as collateral security to any entity which provides financing for <br /> I the purchase of the equipment to be installed at the Leased <br /> Premises. Any assignment other than in accordance with this <br /> section shall be voidable by Landlord sixty (60) days after <br /> I Landlord acquires knowledge of such assignment, during which <br /> period, Landlord shall have the option to terminate this Lease. <br /> I <br /> I- . 13 <br /> I <br /> ----- ---- --------------- <br />
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