Assignment and Sublease by Lessee. Lessee shall have the right to assign this lease or sublease under this lease with Lessors's consent.
Assignment and Sublease by Lessee. Lessee shall not assign, pledge or encumber this Lease, or sublet the whole or any part of the Premises without the prior written consent of Lessor. This prohibition against assigning or subletting shall be construed to include a prohibition against any assignment or subletting by operation of law. For purposes of this paragraph, a transfer of the ownership interests controlling Lessee shall be deemed an assignment of this Lease. In the event any assignment or subletting of this Lease is made with or without Lessor's consent, Lessee shall nevertheless remain liable for the performance of all of the terms, conditions and covenants of this Lease. Any assignment or subletting without the prior written consent of Lessor shall be void and constitute a breach of the Lease and shall, at the option of the Lessor, terminate the Lease. No consent to any assignment, voluntarily or by operation of law, of this Lease or any subletting of said Premises shall be deemed to be a consent to any subsequent assignment or subletting.
Assignment and Sublease by Lessee. The Lessee may, without the consent of any party to the Participation Agreement, at any time and from time to time, sublease the Undivided Interest or any portion thereof for any lawful use to another Person or assign this Lease and its interests and rights hereunder to any Affiliate of the Lessee; provided that (i) such sublease or assignment shall be expressly subject and subordinate to this Lease and the Operating Agreement (and such sublease or assignment shall contain a provision providing that any sublease or assignment permitted thereunder shall be so subject and subordinate) and shall in no event continue beyond the Lease Term, (ii) the Lessee shall remain primarily liable under this Lease and the Other Operative Documents and all terms and conditions hereof and of the other Operative Documents shall remain in full force and effect and shall be complied with as though no such sublease or assignment was in existence (iii) each of the Owner Participant, the Guarantor, the Lessor, the Indenture Trustee and the Loan Participant shall have received such opinions (other than any opinion regarding United States Federal income taxes) as the Owner Participant, the Guarantor, the Lessor, the Indenture Trustee or the Loan Participant shall reasonably request, (iv) such sublessee or assignee shall not be subject to any bankruptcy, insolvency or other similar proceedings affecting creditors' rights on the commencement date of the sub-sublease and shall have such authorizations and approvals under Governmental Rules (and all Governmental Actions shall have been taken) as may be necessary in order for such sublessee or assignee to perform its obligations under the sublease or assignment, (v) each of the Owner Participant, the Guarantor, the Lessor, the Indenture Trustee and the Loan Participant shall bear no unindemnified tax risk associated with such sublease or assignment, (vi) such sublease shall not permit further subleasing, (vii) such sublease or assignment, to the extent that the sublessee or assignee assumes responsibility for maintenance and insurance obligations of the Lessee, shall have terms with respect to such maintenance and insurance obligations no less stringent than those contained in Section 11 hereof, (viii) as of the date of commencement of the sublease or assignment, no Lease Default of the type described in Section 15(a), (b), (c) or (g) or Lease Event of Default shall have occurred and be continuing, (ix) the sublessee or assignee shall no...
Assignment and Sublease by Lessee. Lessee may not assign, transfer, pledge, or encumber this Lease or any portion of the Equipment (or any interest in this Lease or the Equipment), or sublet the Equipment, without the prior written consent of Lessor. Consent to any of the foregoing acts shall not constitute a consent to any subsequent like act by Lessee or any other person. Lessee agrees that Lessor may impose on the Equipment such plates or other means of identification as necessary to indicate that the Equipment is subject to this Lease and the restrictions set forth in this Section.
Assignment and Sublease by Lessee. Lessee shall not assign or sublet this Lease or any interest herein without the prior written consent of Lessor which shall not be unreasonably withheld or delayed. Consent by Lessor to one assignment or sublet shall not be consent to any other. An assignment or sublet without the written consent of Lessor, or an assignment or sublet by operation of law, shall be void and shall, at the option of Lessor, terminate this Lease.
Assignment and Sublease by Lessee. The Lessee may not assign its interest in this Lease for any reason. The Lessee may, however, sublease the Project Site as a whole or in part, without the necessity of obtaining the consent of the Lessor, subject, however, to each of the following conditions:
Assignment and Sublease by Lessee. The Lessee may not assign its interest in this Lease for any reason. The Lessee may, however, sublease the Facilities as a whole or in part, without the necessity of obtaining the consent of the Lessor, subject, however, to each of the following conditions:
Assignment and Sublease by Lessee. Section 9.1. Lessee may, without the requirement of any notice to or approval by Lessor or any mortgagee of Lessor, sublet, assign or encumber this Lease in whole or in part to any person or persons, natural or corporate whomsoever. In such event, Lessee shall remain primarily liable for the keeping and performance of all of its covenants hereunder including, but not limited to, the prompt and due payment of rent and additional rent. In the event of any assignment or sublease, Lessor agrees to deliver to the assignee or sublessee a nondisturbance agreement acknowledging Lessee's continuing primary liability and the assignee or sublessee's rights and agreeing that this Lease shall remain in full force and effect as long as all of Lessee's covenants and obligations hereunder are performed. In the event of any assignment or sublease, Lessor, as to any changes and alterations permitted under Article 5 and undertaken by any assignee or sublessee, shall have the right to require the assignee or sublessee at its expense to obtain in its favor and in favor of Lessor payment and performance bonds in a form and an amount reasonably satisfactory to Lessor and issued by a surety company qualified to do business in Georgia and reasonably acceptable to Lessor,
Assignment and Sublease by Lessee. Without the prior written consent of --------------------------------- Lessor, Lessee shall not (a) assign, transfer, pledge or hypothecate this Lease, the Equipment or any part thereof, or any interest therein, (b) sublet the Equipment or any part thereof, or (c) permit the Equipment or any part thereof to be operated by anyone other than Lessee or Lessee's employees. Any assignment or sublease with the prior written consent of Lessor shall not relieve Lessee of any of its obligations under this Lease. Any sublease, assignment, transfer, pledge or hypothecation without Lessor's consent shall be void.
Assignment and Sublease by Lessee
