Assignment and Subleasing by Xxxxxx. None of Lessee’s right, title, and interest in, to and under this Agreement or any portion of the Equipment, the Escrow Agreement, the Escrow Account or any of the other Collateral may be assigned, encumbered or subleased by Lessee for any reason, and any purported assignment, encumbrance or sublease without Lessor’s prior written consent shall be null and void.
Assignment and Subleasing by Xxxxxx. NONE OF XXXXXX'S RIGHT, TITLE AND INTEREST IN, TO AND UNDER THIS AGREEMENT AND IN THE PROPERTY MAY BE ASSIGNED, SUBLEASED OR ENCUMBERED BY LESSEE FOR ANY REASON, WITHOUT THE PRIOR WRITTEN CONSENT OF XXXXXX.
Assignment and Subleasing by Xxxxxx. None of Lessee’s right, title, and interest in, to and under this Agreement or any portion of the Equipment or the Acquisition Fund Agreement or the Acquisition Fund may be assigned, encumbered or subleased by Lessee for any reason, and any purported assignment, encumbrance or sublease without Lessor’s prior written consent shall be null and void.
Assignment and Subleasing by Xxxxxx. This Lease and the interest of Lessee in the Equipment may not be assigned or sublet by Lessee for any reason without the express written consent of Lessor; provided, however, that no such consent by Lessor shall relieve Lessee of its obligations hereunder.
Assignment and Subleasing by Xxxxxx. Neither this Lease nor Xxxxxx's interest in the Equipment may be assigned by Xxxxxx without the written consent of Xxxxxx. However, the Equipment may be subleased by Lessee, in whole or in part, without the consent of Lessor, subject, however, to each of the following conditions:
(i) This Lease and the obligation of Lessee to make Rental Payments hereunder, shall remain obligations of Xxxxxx.
(ii) The sublessee shall assume the obligations of Lessee hereunder to the extent of the interest subleased.
(iii) Lessee shall, within thirty (30) days after the delivery thereof, furnish or cause to be furnished to Lessor a true and complete copy of such sublease.
(iv) No sublease by Lessee shall cause the Equipment to be used for a purpose other than a governmental function authorized under the provisions of the Constitution and laws of the State.
(v) No sublease shall cause the Interest component of the Rental Payments due with respect to the Equipment to become includible in gross income of the recipient for federal income tax purposes.
Assignment and Subleasing by Xxxxxx. Neither this Agreement nor any Lease or any Equipment may be assigned, subleased, sold, transferred, pledged or mortgaged by Xxxxxx.
Assignment and Subleasing by Xxxxxx. None of Lessee’s right, title and interest in, to and under this Agreement and the Equipment may be assigned or encumbered by Lessee for any reason, except that Lessee may sublease all or part of the Equipment if Lessee obtains the prior written consent of Lessor and an opinion of nationally recognized counsel in the area of tax exempt municipal obligations satisfactory to Lessor that such subleasing will not adversely affect the exclusion of the interest components of the Rental Payments from gross income for federal income tax purposes. Any such sublease of all or part of the Equipment will be subject to this Agreement and the rights of Lessor in, to and under this Agreement and the Equipment.
Assignment and Subleasing by Xxxxxx. None of Lessee’s right, title and interest in, to and under this Agreement and the Personal Property may be assigned or encumbered by Lessee for any reason, except that Lessee may sublease all or part of the Personal Property if Lessee obtains the prior written consent of Lessor and an opinion of nationally recognized counsel in the area of tax exempt municipal obligations satisfactory to Lessor that such subleasing will not adversely affect the exclusion of the interest components of the Rental Payments from gross income for federal income tax purposes. Any such sublease of all or part of the Personal Property will be subject to this Agreement and the rights of Lessor in, to and under this Agreement and the Personal Property.
Assignment and Subleasing by Xxxxxx. This Company Lease Agreement may not be assigned or subleased by the Lessee without the prior written consent of the Lessor and the Applicable Series 2010 Local Units, in their sole discretion, as the Lessee entered into this Company Lease Agreement as the successful respondent pursuant to the Company RFP and all applicable law, and the Lessor and the Series 2010 Local Units have selected the Lessee, and not any assignee, to receive the rights, and perform the duties and obligations hereunder. Any such purported assignment or sublease shall be deemed null and void without such prior written consent.
Assignment and Subleasing by Xxxxxx. 1RQH RI /HVVHH¶V ULJKW in, to and under this Agreement and in the Personal Property may be assigned or encumbered by Lessee for
