Assignment and Subleasing by the Town. This Lease Agreement may not be assigned by the Town. The Town may sublease the Property or any portion thereof, sub- ject to, and delivery to the Authority and the Trustee of a certificate as to, all of the following conditions: (a) This Lease Agreement and the obligation of the Town to make Lease Payments hereunder shall remain obligations of the Town; (b) The Town shall, within thirty (30) days after the delivery thereof, furnish or cause to be furnished to the Authority and the Trustee a true and complete copy of such sublease; and (c) No such sublease by the Town shall cause the Property to be used for a purpose other than as may be authorized under the provisions of the laws of the State.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
