Common use of Assigning, Mortgaging, Subletting Clause in Contracts

Assigning, Mortgaging, Subletting. The Tenant agrees not to sublet, assign, transfer, or mortgage this Lease or sublet the Premises in whole or in part without the prior written consent of the Landlord. In the event that at any time Landlord shall sell or transfer the Leased Premises or Landlord’s interest therein, Landlord shall not be liable to Tenant for any obligations or liabilities based on or arising out of events or conditions occurring after the date of such sale or transfer. Within five (5) days after the written request of any purchaser or transferee of the Leased Premises of Landlord’s interest therein, Tenant shall attorn to such purchaser or transferee.

Appears in 9 contracts

Samples: Virginia Highlands Small Business Incubator Lease Agreement, Virginia Highlands Small Business Incubator Lease Agreement, Virginia Highlands Small Business Incubator Lease Agreement

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