Common use of Assignment and Sale Clause in Contracts

Assignment and Sale. Lessee agrees that it will not assign, re-lease, sublet, or transfer the whole or any part of the Demised Premises or improvements constructed thereon, except to an affiliate without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any such transfer shall be embodied in a written agreement under which the transferee shall assume all obligations of Lessee and provided, further, that any such transfer shall not release Lessee or any guarantor or surety from any of its obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement

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Assignment and Sale. Lessee agrees that it will not assign, re-lease, sublet, or transfer the whole or any part of the Demised Premises Premise or improvements constructed thereon, except to an affiliate without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any such transfer shall be embodied in a written agreement under which the transferee shall assume all obligations of Lessee Lessee, and provided, further, that any such transfer shall not release Lessee or any guarantor or surety from any of its obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement

Assignment and Sale. Lessee Xxxxxx agrees that it will not assign, re-lease, sublet, or transfer the whole or any part of the Demised Premises or improvements constructed thereon, except to an affiliate without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any such transfer shall be embodied in a written agreement under which the transferee shall assume all obligations of Lessee Xxxxxx, and provided, further, that any such transfer shall not release Lessee or any guarantor or surety from any of its obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement

Assignment and Sale. Lessee agrees that it will not assign, re-lease, sublet, or transfer the whole or any part of the Demised Premises or improvements constructed thereon, except to an affiliate without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any such transfer shall be embodied in a written agreement under which the transferee shall assume all obligations of Lessee Lessee, and provided, further, that any such transfer shall not release Lessee or any guarantor or surety from any of its obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement

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Assignment and Sale. Lessee Xxxxxx agrees that it will not assign, re-lease, sublet, or transfer the whole or any part of the Demised Premises or improvements constructed thereon, except to an affiliate without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any such transfer shall be embodied in a written agreement under which the transferee shall assume all obligations of Lessee Xxxxxx and provided, further, that any such transfer shall not release Lessee or any guarantor or surety from any of its obligations hereunder.

Appears in 1 contract

Samples: Lease Agreement

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