Assignment and Sublet a. Tenant, under penalty of instant forfeiture, shall not assign, mortgage or pledge this Lease, nor underlet or sublease the Demised Premises or any part thereof without the written consent of Landlord first had and obtained; nor after such written consent has been given shall any assignee or sublessee assign, mortgage or pledge this Lease or such sublease or underlet or sublease said Demised Premises or any part thereof without an additional written consent by Landlord; and in neither case without such consent shall any such assignment, mortgage, pledge, underletting or sublease be valid. Notwithstanding the foregoing, Tenant may assign this Lease or sublet the Demised Premises to a parent or subsidiary corporation without first obtaining the consent of Landlord.
b. An assignment within the meaning of this Lease is understood and intended to comprehend not only the voluntary action of Tenant, but also the direct or indirect transfer of fifty percent (50%) or more of the voting stock of a corporate tenant, unless Tenant is publicly traded, or fifty percent (50%) or more of the interest in partnership profits of a partnership Tenant (except by reason of death) of a shareholder or partner, any levy or sale on execution or other legal process and every assignment for the benefit of creditors, adjudication or sale in bankruptcy or insolvency or under any other compulsory procedure or order of court.
c. No assignment or sublease, if consented to in the manner aforesaid, shall in any way relieve or release Tenant from liability upon any of the covenants under the terms of this Lease, and notwithstanding any such assignment or sublease the, responsibility and liability of Tenant hereunder shall continue in full force and effect until the expiration of the term hereby created and any renewals thereof. No assignment or sublease shall be valid unless the assignee or subtenant shall assent to and agree in writing to be bound by all of the covenants and conditions herein contained and unless such assignment or sublease is to a party that will be an actual user of the Demised Premises.
Assignment and Sublet. Resident shall not sublet all or any part of the Premises, or assign or transfer this Lease Agreement or any interest in it. Any assignment, transfer or subletting of the Premises or this Lease Agreement by voluntary act of Resident, operation of law or otherwise, shall be null and void and, at the option of Owner, terminate this Lease Agreement.
Assignment and Sublet. Tenant(s) will not assign or transfer this Agreement or sublet the Premises without written consent of the Landlord. In the event the Tenant(s) assigns the Agreement or sublets the Premises, Tenant(s) will not be relieved from his/her obligations (including paying rent) under this Agreement. An assignment or sublet of the Premises without the prior written consent of Landlord or an assignment or sublet by operation of law, shall be absolutely null and void and shall, at Landlord’s option, terminate this Agreement.
Assignment and Sublet. Tenants may have the right to sublet the apartment with the Landlord’s advance written consent.
a. Tenant shall submit to Landlord a request to sublet in writing that includes: (a) reason for subletting; (b) term of sublease; (c) name, home and business address of the proposed subtenant; (d) Tenant’s address during the sublet period.
b. The Landlord may request more information about the subtenant in order to make a final decision. Landlord shall send the Tenant a notice of consent, or if consent is denied the reasons for denial, within thirty days after receiving the request.
c. Landlord may withhold consent to assign this lease. If the Landlord refuses consent, the Tenant cannot assign and is not entitled to be released from this lease.
Assignment and Sublet. You will not assign (i.e. transfer) this lease or sublet the Apartment without our written consent. If you assign the Lease or sublet the Apartment, you will not be relieved from you obligations (including paying rent) under this Lease. Check with your Community regarding conditi ons and fees, which apply when you ask us to consent to an assignment or sublease.
Assignment and Sublet. Article Tenth of the Lease, Section (ii) is hereby amended to reduce the amount of the letter of credit to the product of (A) one (1), and (B) the then prevailing monthly Fixed Rent. Sections (v)(A) and (v)(C) of Article Tenth are hereby amended to provide that Tenant may deliver to Landlord, in lieu of a term sheet, a written notice of intent to assign or sublet the Lease, in order to trigger Landlord’s right to either terminate the Lease, or accept an assignment of the Lease, provided however, that with regard to a sublet, Section (C)(1) shall be amended to provide for rental terms based on market rents.
Assignment and Sublet. The tenant may assign this Agreement or sublet the Site to another person only if the tenant has obtained the prior written consent of the landlord to the assignment or sublease, or is deemed to have obtained that consent in accordance with the regulations, or the tenant has obtained an order of the director authorizing the assignment or sublease The landlord and tenant must follow the specific procedure when consent is sought. The landlord must not charge a fee or receive a benefit, directly or indirectly, for giving this consent. If a landlord unreasonably withholds consent to assign or sublet or charges a fee, the tenant may make an application for dispute resolution under the Act.
Assignment and Sublet. Not to assign this lease, in whole or in part, or sublet the leased premises, or any part or portion thereof, or grant any license or concession for any part of the premises, without the prior written consent of Landlord, said permission shall not be unreasonably withheld, conditioned or delayed. If such assignment or subletting is permitted, Tenant shall not be relieved from any liability whatsoever under this lease. Landlord shall be entitled to any additional considerations over and above those stated in this lease, which are obtained in or for the sublease and/or assignment. No option rights can be assigned or transferred by Tenant to an assignee or subtenant without the prior written consent of Landlord.
Assignment and Sublet. Tenant shall not have the right to assign this Lease or sublet the same, without the written consent of Landlord, which consent may be withheld by Landlord for any reason Landlord deems sufficient. If a beneficial interest or any amount of stock or other indicia of ownership in Tenant is sold or transferred without Landlord’s prior written consent and Tenant is not a natural person or persons but is a corporation, partnership trust or other legal entity, it shall be deemed a violation of this paragraph.
Assignment and Sublet. Tenants may have the right to sublet the apartment with the Landlord’s advance written consent. Tenant shall submit to Landlord a request to sublet in writing that includes: (a) reason for subletting; (b) term of sublease; (c) name, home and business address of the proposed subtenant; (d) Xxxxxx’s address during the sublet period. The Landlord may request more information about the subtenant in order to make a final decision. Landlord shall send the Tenant a notice of consent, or if consent is denied the reasons for denial, within thirty days after receiving the request. Landlord may withhold consent to assign this lease. If the Landlord refuses consent, the Tenant cannot assign and is not entitled to be released from this lease. Pets: No Pets Allowed. - OR - You have our permission to keep the following pet(s) in the Apartment: Pet type/breed: Name: Weight: Ibs Height: We have given permission for you to keep only the pet(s) listed above and no others. Pet owners are required to pay a $_______ (non-) refundable pet deposit/fee. Having an unauthorized pet is considered a default of this lease, except for guide dogs or other assistance animals for disabled residents.
