NYC 9/11 Public Portal Document
for reimbursement of costs incurred in connection with any proposed sublease or assignment, and
transfer and gains taxes incurred by Tenant to the extent actually paid, and (2) the costs, if any.
incurred by Tenant in recovering possession of the sublease space and in preparing the sublease
space for occupancy, including cash allowances in lieu thereof.
(G) If Tenant is a corporation, the provisions of Paragraph (a) shall apply to a
transfer (by one or more transfers) of a majority of the stock of Tenant as if such transfer of a
majority of the stock of Tenant were an assignment of this Lease; but said provisions shall not
apply to transactions with a corporation into or with which Tenant is merged or consolidated or to
which substantially all of Tenant's assets are transferred or to any corporation which controls or
is controlled by Tenant or is under common control with Tenant, provided that in any of such
events (a) the successor to Tenant has a net worth computed in accordance with generally
accepted accounting principles at least equal to the greater (i) the net worth of Tenant immediately
prior to such merger, consolidation or transfer, or (ii) the net worth of Tenant herein named on
the date of this Lease, and (iii) proof satisfactory to Landlord of such net worth shall have been
delivered to Landlord at least 10 days prior to the effective date of any such transaction.
(H) Any assignment or transfer shall be made only if, and shall not be effective until.
the assignee shall execute, acknowledge and deliver to Landlord an agreement in form and
substance satisfactory to Landlord whereby the assignee shall assume the obligations of this Lease
on the part of Tenant to be performed or observed and whereby the assignee shall agree that the
provisions in Paragraph (A) shall, notwithstanding such assignment or transfer, continue to be
binding upon it in respect of all future assignments and transfers. The original named Tenant
covenants that, notwithstanding any assignment or transfer, whether or not in violation of the
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NYC-WTC_000170131
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