Common use of Assignment and other charges Clause in Contracts

Assignment and other charges. 10.6.1 The Lessee shall not assign, sub-lease, license, sub-license, mortgage, pledge or in any other way transfer or Encumber this Lease Deed (or any rights hereunder, whether in whole or in part) and/or the Demised Premises (or any portion thereof) to any Third Party , other than as may be provided under the OMDA. (“Assignment”) 10.6.2 The Lessee hereby covenants and agrees that it shall, prior to granting any sub-lease, license, sub-license or any other third party rights created in respect of this Agreement or the Demised Premises or any portion thereof, ensure that any and all such sub-leases, licenses, sub-licenses or any other third party rights created in respect of this Agreement or the Demised Premises shall be subject to the terms and conditions set forth in this Lease Deed and, in particular, shall be subject to the right of reversion as set out in Article 5.2 hereinabove and the right to enter into a Revised Lease Deed as set out hereunder). 10.6.3 It is expressly clarified that any Assignment of the Demised Premises shall be subject to the land usage restrictions set forth in the Master Plan and shall only be made for such duration as the asset on such portion of the Demised Premises is proposed to be retained on such lands as per the Master Plan. 10.6.4 The Lessor may, without requiring the prior consent of the Lessee, transfer and/or assign this Lease Deed (or any rights hereunder).

Assignment and other charges. 10.6.1 The Lessee shall not assign, sub-lease, license, sub-license, mortgage, pledge or in any other way transfer or Encumber this Lease Deed (or any rights hereunder, whether in whole or in part) and/or the Demised Premises (or any portion thereof) to any Third Party , other than as may be provided under the OMDA. (“Assignment”) 10.6.2 The Lessee hereby covenants and agrees that it shall, prior to granting any sub-lease, license, sub-license or any other third party rights created in respect of this Agreement or the Demised Premises or any portion thereof, ensure that any and all such sub-leases, licenses, sub-licenses or any other third party rights created in respect of this Agreement or the Demised Premises shall be subject to the terms and conditions set forth in this Lease Deed and, in particular, shall be subject to the right of reversion as set out in Article 5.2 hereinabove and the right to enter into a Revised Lease Deed as set out hereunder). 10.6.3 It is expressly clarified that any Assignment of the Demised Premises shall be subject to the land usage restrictions set forth in the Master Plan and shall only be made for such duration as the asset on such portion of the Demised Premises is proposed to be retained on such lands as per the Master Plan. 10.6.4 The Lessor may, without requiring the prior consent of the Lessee, transfer and/or assign this Lease Deed Xxxxx Xxxx (or any rights hereunder).