1Landlord’s Consent Required Clause Samples

1Landlord’s Consent Required. Tenant shall not voluntarily or by operation of law assign, transfer, mortgage, sublet or otherwise transfer or encumber all or any part of Tenant’s interest in this Lease or in the Premises, without ▇▇▇▇▇▇▇▇’s prior written consent, which Landlord shall not unreasonably withhold, delay or condition. Landlord shall respond to ▇▇▇▇▇▇’s request for consent hereunder in a timely manner and any attempted assignment, transfer, mortgage, encumbrance or subletting without such consent shall be void and shall constitute a breach of this Lease, Tenant shall not seek to sublet space to any party with whom ▇▇▇▇▇▇▇▇ is negotiating for space in the Building. ​ ​ ​

1Landlord’s Consent Required. Tenant Shall not voluntarily or by operation of law assign, transfer, hypothecate, mortgage, sublet, or otherwise transfer or encumber all or any part of Tenant’s interest in this Lease or in the Premises (hereinafter collectively a “Transfer”), without Landlord’s prior written consent, which consent shall not be unreasonably withheld. Landlord shall respond to ▇▇▇▇▇▇’s written request for consent hereunder within thirty (30) days after ▇▇▇▇▇▇▇▇’s receipt of the written request from ▇▇▇▇▇▇. Any attempted Transfer without such consent shall be void and shall constitute a default of this Lease. If the entity(ies) which directly or indirectly controls the voting shares/rights of Tenant changes at any time, such change of ownership or control shall constitute a Transfer unless Tenant is an entity whose outstanding stock is listed on a recognized securities exchange or if at least 80% of its voting stock is owned by another entity, the voting stock of which is so listed. ▇▇▇▇▇▇’s written request for ▇▇▇▇▇▇▇▇’s consent shall include all of the following information: (a) financial statements for the proposed assignee or subtenant, (b) a detailed description of the business the assignee or subtenant intends to operate at the Premises, (c) a copy of the fully executed sublease or assignment agreement, and (d) such other information as Landlord may reasonably request. ​ ​ ​