CCP 04-13-1998 - Laserfiche WebLink

Home Browse Search

l~(1M . 15. Pr~sentations and Warrantip-s. a. Landlord represents that: i. It has full right, power, and authority to execute this Lease; and ii. It has good and unencumbered title of the Property free and clear of any liens or mortgages. Landlord warrants that Tenant shall have the quiet enjoyment of the Property during the term of this Lease in accordance with its terms. 16. Assiqnment. Tenant may not assign this Lease without Landlord's prior written consent, which consent shall not be unreasonably withheld, but may, without such consent, and so long as Tenant shall remain liable for the performance of Tenant's obligations hereunder, assign this Lease in whole or in part; (i) as security for Tenant's performance of obligations incurred in order to make improvements to the Leased Premises, or (ii) to any . entity controlling, controlled by or under commo~ control with Tenant. Not withstanding the foregoing, Tenant may assign or sublet its interest in this Lease or may assign or sublet the Leased Premises, or any portion thereof, without Lessors consent, to any entity which controls, is controlled by, or is under the common control with Tenant, or to any entity resulting from any merger or consolidation with Tenant, or to any partner of Tenant or to any partnership in which Tenant is a general partner or to any person or entity which acquires all the assets of Tenant as a going concern or to any entity which obtains a security interest in a substantial portion of Tenants assets. Landlord hereby consents the assignment by Tenant of its rights under this Lease as collateral security to any entity which provides financing for the purchase of the equipment to be installed at the Leased Premises. Any assignment other than in accordance with this section shall be voidable by Landlord sixty (60) days after " Landlord acquires knowledge of such assignment, during ~Ihich period, Landlord shall have the option to terminate this Lease. . 13 .