Common use of ASSIGNMENT AND SUBLEASE Clause in Contracts

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditioned. In the event of any assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premises.

Appears in 2 contracts

Samples: Lease Agreement (Medgenesis Inc), Lease Agreement (Medgenesis Inc)

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ASSIGNMENT AND SUBLEASE. (a) Except as otherwise set forth below, Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's ’s prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent. In the event of any permitted assignment or subletting, . Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Any assignment or sublease consented to by Landlord shall not relieve Tenant (or its assignee) from obtaining Landlord's right to refuse to ’s consent to any subsequent assignment or subletting sublease. (b) If Tenant shall make any assignment or sublease, with Landlord’s consent, for a rental in excess of the rent payable under this Lease, Tenant shall pay to Landlord reserves the right to refuse to give fifty percent (50%) of any such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Parkexcess rental upon receipt. Tenant agrees to reimburse pay Landlord $500.00 upon demand by Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's ’s interest in and to the Leased PremisesPremises as consideration for Landlord’s consent.

Appears in 1 contract

Samples: Office Lease (Lightning eMotors, Inc.)

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent consent, which consent shall not be unreasonably withheld, delayed or conditioneddenied. In the event of any assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves or (iii) the right to refuse to give its consent to any subletting if financial worth of the proposed assignee or subtenant is insufficient to meet the obligations hereunder. If Tenant shall make any assignment or sublease, with Landlord's consent, for a rental in excess of the rent is publicly advertised payable under this Lease, Tenant shall not be entitled to be less than the then current rent for similar premises in the Parkkeep such excess, and Tenant shall pay to Landlord fifty percent (50%) of any such excess rental upon receipt. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction (not to exceed One Thousand Dollars ($1,000.00)) with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Gaiam Inc)

ASSIGNMENT AND SUBLEASE. (a) Tenant shall will not assign assign, encumber or hypothecate this Lease Lease, or allow the same to be assigned, encumbered or hypothecated by operation of law or otherwise, or sublet the Leased Premises Premises, or any part thereof, or use or permit the same to be used for any other purpose than stated in whole or in part the use clause hereof without Landlord's the prior written consent of Landlord, which consent shall not be unreasonably withheldin Landlord's sole discretion. Together with Tenant’s request for Landlord’s consent, delayed Tenant shall provide Landlord with copies of the proposed lease assignment or conditioned. sublease. (b) In the event of any assignment or sublettingsublease consented to by Landlord, Tenant shall nevertheless at all times remain primarily fully responsible and liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any for the payment of the rent and all other charges payable hereunder and for compliance with all of the obligations of Tenant under the terms and provisions of this Lease or to be a Lease. (c) For assignments and subleases that require Landlord’s consent to in accordance with the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Leaseforegoing paragraph, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting its costs and attorneys' fees incurred in conjunction with file processing and documentation of any such requested assignment, subletting or any other hypothecation of expenses (including reasonable attorney’s fees and processing fees) incurred by the Landlord in connection with Tenant’s assignment or subletting. Consent by Landlord hereunder shall in no way operate as a waiver by Landlord of, or to release or discharge Tenant from, any liability under this Lease or Tenant's interest in and be construed to the Leased Premisesrelieve Tenant from obtaining Landlord’s consent to any subsequent assignment, subletting, transfer, use or occupancy.

Appears in 1 contract

Samples: Lease Agreement

ASSIGNMENT AND SUBLEASE. (a) Except as otherwise set forth below, Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's ’s prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent. In the event of any permitted assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Any assignment or sublease consented to by Landlord shall not relieve Tenant (or its assignee) from obtaining Landlord's right to refuse to ’s consent to any subsequent assignment or subletting sublease. (b) If Tenant shall make any assignment or sublease, with Landlord’s consent, for a rental in excess of the rent payable under this Lease, Tenant shall pay to Landlord reserves the right to refuse to give fifty percent (50%) of any such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Parkexcess rental upon receipt. Tenant agrees to reimburse pay Landlord $500.00 upon demand by Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's ’s interest in and to the Leased PremisesPremises as consideration for Landlord’s consent.

Appears in 1 contract

Samples: Office Lease (Lightning eMotors, Inc.)

ASSIGNMENT AND SUBLEASE. A. Tenant shall not have the right to assign this Lease or sublet the Leased Premises in whole or in part without during the Lease Term and any extensions subject to Landlord's ’s prior written consent consent, which consent shall not be unreasonably withheld, delayed conditioned or conditioneddelayed. In the event of any permitted assignment or sublettingsubletting under this Section 11.01, Tenant shall remain primarily liable hereunder, and the expansion option and right of first offer granted to Tenant pursuant to Section 17.19 and Section 17.20 below, respectively, shall be rendered void and of no further force or effect. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Any assignment or sublease consented to by Landlord shall not relieve Tenant (or its assignee) from obtaining Landlord's right to refuse to ’s consent to any subsequent assignment or subletting sublease. B. By way of this Leaseexample and not limitation, Landlord reserves the right shall be deemed to refuse have reasonably withheld consent to give such consent a proposed assignment or sublease under this Section 11.01 if in Landlord's ’s reasonable opinion (i) the proposed use of the Leased Premises are by such assignee or may be in any way adversely affected; (ii) subtenant is inconsistent with the business reputation Permitted Use, or the financial worth of the proposed assignee or subtenant subtenant, together with Tenant’s financial worth, is unacceptable; Landlord further expressly reserves insufficient to meet the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. obligations of Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premiseshereunder.

Appears in 1 contract

Samples: Lease Agreement (Restoration Hardware Inc)

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent consent, which consent consent, except as set forth below, shall not be unreasonably withheld, delayed or conditioneddenied. In the event of any assignment or subletting, Tenant shall remain primarily liable hereunder, and any extension, expansion, rights of first offer, rights of first refusal or other options granted to Tenant under this Lease shall be rendered void and of no further force or effect. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves or (iii) the right to refuse to give its consent to any subletting if financial worth of the proposed rent assignee or subtenant is publicly advertised insufficient to be less than meet the then current rent for similar premises in the Parkobligations hereunder. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Spheris Leasing LLC)

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditionedconsent. In the event of any assignment or subletting, Tenant shall remain primarily liable hereunderto perform all of the covenants and conditions contained in this Lease, including but not limited to payment of Minimum Rent and Additional Rent as provided herein. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable discretion and opinion (i) the use of the Leased Premises are is or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is deemed unacceptable; or (iii) the financial worth of the proposed assignee or subtenant is insufficient to meet the obligations hereunder or is less than that of Tenant. Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested transfer, assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Virtualsellers Com Inc)

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ASSIGNMENT AND SUBLEASE. (a) In General. Tenant shall not, without the prior consent of ---------- Landlord in each case, (i) make or allow any assignment or transfer, by operation of law or otherwise, of any part of Tenant's interest in this Lease, (ii) grant or allow any lien or encumbrance, by operation of law or otherwise, upon any part of Tenant's interest in this Lease, (iii) sublet any part of the Premises, or (iv) permit anyone other than Tenant and its employees to occupy any part of the Premises. Tenant shall remain primarily liable for all of its obligations under this Lease, notwithstanding any assignment or transfer. No consent granted by Landlord shall be deemed to be a consent to any subsequent assignment or transfer, lien or encumbrance, sublease or occupancy. Tenant shall pay all of Landlord's reasonable attorneys' fees and other expenses incurred in connection with any consent requested by Tenant or in reviewing any proposed assignment or subletting, not to exceed one thousand five hundred ($1,500.00) Any assignment or transfer, grant of lien or encumbrance, or sublease or occupancy without Landlord's prior written consent shall be void. If Tenant shall assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent which consent shall not be unreasonably withheldits entirety other than as permitted under Section 17(d) below, delayed or conditioned. In the event any rights of any assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of renew this Lease, Landlord reserves extend the right Term or to refuse lease additional space in the Project shall be extinguished thereby and will not be transferred to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less (other than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file processing and documentation of any a permitted assignee or subtenant under Section 17(d)), all such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and rights being personal to the Leased PremisesTenant named herein.

Appears in 1 contract

Samples: Lease (Watchguard Technologies Inc)

ASSIGNMENT AND SUBLEASE. A. In General. Tenant shall not not, without the prior consent of Landlord in each case, (i) make or allow any assignment or transfer, by operation of law or otherwise, of any part of Tenant’s interest in this Lease, (ii) grant or allow any lien or encumbrance, by operation of law or otherwise, upon any part of Tenant’s interest in this Lease, (iii) sublet any part of the Premises, or (iv) permit anyone other than Tenant and its employees to occupy any part of the Premises. Tenant shall remain primarily liable for all of its obligations under this Lease, notwithstanding any assignment or transfer. No consent granted by Landlord shall be deemed to be a consent to any subsequent assignment or transfer, lien or encumbrance, sublease or occupancy. Tenant shall pay $750.00 to Landlord to reimburse Landlord for attorneys’ fees and other expenses incurred in connection with any consent requested by Tenant or in reviewing any proposed assignment or subletting. Any assignment or transfer, grant of lien or encumbrance, or sublease or occupancy without Landlord’s prior written consent shall be void. If Tenant shall assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditioned. In the event its entirety any rights of any assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of renew this Lease, Landlord reserves extend the right Term or to refuse lease additional space in the Project shall be extinguished thereby and will not be transferred to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file processing and documentation of any subtenant, all such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and rights being personal to the Leased PremisesTenant named herein.

Appears in 1 contract

Samples: Consent of Landlord to Sublease

ASSIGNMENT AND SUBLEASE. A. In General. Tenant shall not not, without the prior consent of ----------- Landlord in each case, (i) make or allow any assignment or transfer, by operation of law or otherwise, of any part of Tenant's interest in this Lease, (ii) grant or allow any lien or encumbrance, by operation of law or otherwise, upon any part of Tenant's interest in this Lease, (iii) sublet any part of the Premises, or (iv) permit anyone other than Tenant and its employees to occupy any part of the Premises. Tenant shall remain primarily liable for all of its obligations under this Lease, notwithstanding any assignment or transfer. No consent granted by Landlord shall be deemed to be a consent to any subsequent assignment or transfer, lien or encumbrance, sublease or occupancy. Tenant shall pay all of Landlord's reasonable attorneys' fees and other expenses incurred in connection with any consent requested by Tenant or in reviewing any proposed assignment or subletting. Any assignment or transfer, grant of lien or encumbrance, or sublease or occupancy without Landlord's prior written consent shall be void. If Tenant shall assign this Lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent which consent shall not be unreasonably withheld, delayed or conditioned. In the event its entirety any rights of any assignment or subletting, Tenant shall remain primarily liable hereunder. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of renew this Lease, Landlord reserves extend the right Term or to refuse lease additional space in the Project shall be extinguished thereby and will not be transferred to give such consent if in Landlord's reasonable opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file processing and documentation of any subtenant, all such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and rights being personal to the Leased PremisesTenant named herein.

Appears in 1 contract

Samples: Lease (Saflink Corp)

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease or sublet the Leased Premises in whole or in part without Landlord's ’s prior written consent consent, which consent shall not be unreasonably withheld, delayed or conditioneddenied. In the event of any assignment or subletting, Tenant shall remain primarily liable hereunder, and any extension, expansion, rights of first offer, rights of first refusal or other options granted to Tenant under this Lease shall be rendered void and of no further force or effect. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's ’s right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable ’s opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; or (iii) the financial worth of the proposed assignee or subtenant is insufficient to meet the obligations hereunder. Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's ’s interest in and to the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Novavax Inc)

ASSIGNMENT AND SUBLEASE. Tenant shall not assign this Lease lease or sublet the Leased Premises in whole or in part without Landlord's prior written consent consent, which consent shall not be unreasonably withheld, delayed or conditioneddenied (provided that it shall not be unreasonable for Landlord to withhold or deny its consent with respect to any proposed assignment or subletting to a third party that is already a tenant in the Building or the Park). In the event of any assignment or subletting, Tenant shall remain primarily liable hereunder, and any extension, expansion, rights of first offer, rights of first refusal or other options granted to Tenant under this Lease shall be rendered void and of no further force or effect. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this Lease or to be a consent to the assignment of this Lease or the subletting of the Leased Premises. Without in any way limiting Landlord's right to refuse to consent to any assignment or subletting of this Lease, Landlord reserves the right to refuse to give such consent if in Landlord's reasonable Landlords' opinion (i) the Leased Premises are or may be in any way adversely affected; (ii) the business reputation of the proposed assignee or subtenant is unacceptable; or (iii) the financial worth of the proposed assignee or subtenant is insufficient to meet the obligations hereunder. Landlord further expressly reserves the right to refuse to give its consent to any subletting if the proposed rent is publicly advertised to be less than the then current rent for similar premises in the Park. Tenant agrees to reimburse Landlord for reasonable accounting and attorneys' fees incurred in conjunction with file the processing and documentation of any such requested assignment, subletting or any other hypothecation of this Lease or Tenant's interest in and to the Leased Premises.

Appears in 1 contract

Samples: Lease Agreement (Hat World Corp)

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