Common use of Subleases of Tenant Clause in Contracts

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord's sole discretion, succeed to Tenant's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's election to succeed to Tenant's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord's Xxxxxxxx’s sole discretion, succeed to Tenant's Xxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's Xxxxxxxx’s election to succeed to Tenant's Xxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by TenantXxxxxx, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises Premises, or Landlord may, in Landlord's Xxxxxxxx’s sole discretion, succeed to Tenant's Xxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's Xxxxxxxx’s election to succeed to Tenant's Xxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default by TenantTxxxxx, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Txxxxx and affecting the Premises or may, in Landlord's sole discretion, succeed to TenantTxxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of LandlordLxxxxxxx's election to succeed to TenantTxxxxx's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default Event of Default by TenantXxxxxx, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord's sole discretion, succeed to TenantXxxxxx's interest in such subleases, licenses, concessions or arrangements. In the event of LandlordXxxxxxxx's election to succeed to TenantXxxxxx's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to PARK PLACE AT BAY XXXXXXX ZS Pharma, Inc. terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord's ’s sole discretion, succeed to Tenant's ’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's ’s election to succeed to Tenant's ’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not If Landlord elects to terminate this Lease on account of any default Event of Default by TenantXxxxxx, as set forth in this Article 19, following any such default by TenantSection 18, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Xxxxxx and affecting the Premises or may, in Landlord's ’s sole discretion, succeed to Tenant's Xxxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's Xxxxxxxx’s election to succeed to Tenant's Xxxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by TenantTxxxxx, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant Txxxxx and affecting the Premises within ten (10) days of notice from Landlord, or may, in Landlord's ’s sole discretion, succeed to Tenant's Txxxxx’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's Lxxxxxxx’s election to succeed to Tenant's Txxxxx’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

Subleases of Tenant. Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, beyond any applicable notice and cure periods, as set forth in this Article 19, following any such default by Tenant, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord's sole discretion, succeed to Tenant's interest in such subleases, licenses, concessions or arrangements. In the event of Landlord's election to succeed to Tenant's interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.