Common use of Assignment and Sublet Clause in Contracts

Assignment and Sublet. This Lease shall not be assigned nor the premises sublet in whole or in part by Lessee without the prior written consent of Lessor. Lessor hereby agrees not to withhold or delay unreasonably Lessor’s consent to assignment or subletting in the event Lessee requests said consent. Lessor’s consent shall not be required for: (a) an assignment or subletting to the parent or subsidiary company of Lessee; (b) the merger with or consolidation into any other corporation by Lessee or the reorganization or redistribution of the manner by which Lessee is held, owned or operated; or (c) any other transfer of the Demised Premises, this Lease, or any part of either, occasioned by a consolidation, merger, reorganization or other sale or similar event involving all or, substantially all of the assets or stock of Lessee, provided that in each instance the successor to Lessee’s interest assumes in full, for the benefit of Lessor, all of the obligations of Lessee under this Lease. As used herein, the phrase “withhold or delay unreasonably Lessor’s consent” shall not entitle Lessor to demand or receive in exchange therefore or as a condition thereto an amount or sum of rent or other financial consideration not expressly required pursuant to the terms of this Lease. Any assignment or subletting (including, without limitation, an, assignment or subletting which does not require Lessor’s consent) shall not affect or limit, in any way, the liability of Lessee under the terms of this Lease. Lessee shall not mortgage, pledge or otherwise encumber the Demised Premises without the prior written consent of Lessor (which consent shall not be unreasonably withheld). Lessor reserves the right to assign its right to receive rents under the terms of this Lease as collateral for loans from time to time.

Assignment and Sublet. This Lease shall not be assigned nor the premises sublet in whole or in part by Lessee without the prior written consent of Lessor. Lessor hereby agrees not to withhold or delay unreasonably Lessor’s 's consent to assignment or subletting in the event Lessee requests said consent. Lessor’s 's consent shall not be required for: (a) an assignment or subletting to the parent or subsidiary company of Lessee; (b) the merger with or consolidation into any other corporation by Lessee corporation, or the reorganization or redistribution of the manner by which Lessee is held, owned or operated; or (c) any other transfer of the Demised Premises, this Lease, or any part of either, occasioned by a consolidation, merger, reorganization or other sale or similar event involving all or, or substantially all of the assets or stock of Lessee, provided that in each instance the successor to Lessee’s 's interest assumes in full, for the benefit of Lessor, all of the obligations of Lessee under this Lease. As used herein, the phrase “"withhold or delay unreasonably Lessor’s 's consent” " shall not entitle Lessor to demand or receive in exchange therefore or as a condition thereto an amount or sum of rent or other financial consideration not expressly required pursuant to the terms of this Lease. Any assignment or subletting (including, without limitation, an, an assignment or subletting which does not require Lessor’s 's consent) shall not affect or limit, in any way, the liability of Lessee under the terms of this Lease. Lessee shall not mortgage, pledge or otherwise encumber the Demised Premises without the prior written consent of Lessor (which consent shall not be unreasonably withheld). Lessor reserves the right to assign its right to receive rents under the terms of this Lease as collateral for loans from time to time.

Assignment and Sublet. This Lease 19.1 Tenant shall not be assigned nor the premises sublet assign this Lease or any interest in whole or in part by Lessee without the prior written consent of Lessor. Lessor hereby agrees not to withhold or delay unreasonably Lessor’s consent to assignment or subletting in the event Lessee requests said consent. Lessor’s consent shall not be required for: (a) an assignment or subletting to the parent or subsidiary company of Lessee; (b) the merger with or consolidation into any other corporation by Lessee or the reorganization or redistribution of the manner by which Lessee is held, owned or operated; or (c) any other transfer of the Demised Premises, this Lease, or sublet the Leased Premises or any part of eitherthe Leased Premises, occasioned by a consolidation, merger, reorganization or other sale license the use of all or similar event involving all or, substantially all any portion of the assets Leased Premises or stock of Lesseebusiness conducted there, provided that in each instance the successor to Lessee’s interest assumes in full, for the benefit of Lessor, all of the obligations of Lessee under or encumber or hypothecate this Lease. As used herein, the phrase “withhold or delay unreasonably Lessor’s consent” shall not entitle Lessor to demand or receive in exchange therefore or as a condition thereto an amount or sum of rent or other financial consideration not expressly required pursuant to the terms of this Lease. Any assignment or subletting (including, without limitation, an, assignment or subletting which does not require Lessor’s consent) shall not affect or limit, in any way, first obtaining the liability of Lessee under the terms of this Lease. Lessee shall not mortgage, pledge or otherwise encumber the Demised Premises without the prior written consent of Lessor (Landlord, which said consent shall not be unreasonably withheld). Lessor reserves withheld or delayed, and any assignment, subletting, licensing, encumbering or hypothecating of this Lease without such prior written consent shall, at the option of Lessor, terminate this Lease PROVIDED, HOWEVER, Tenant shall have the right to assign this Lease to related entities on notice, but without consent, and provided further that in the event there is an assignment or sublease, other than to related entities, the net profits accruing from said assignment or sublease shall be divided evenly between Landlord and Tenant, i.e. 50% to each (after first deducting all brokerage fees, fit-up costs and tenant inducement costs.) Landlord shall be deemed to have consented to a proposed assignment or sublease unless Landlord otherwise notifies Tenant in writing, specifying in reasonable detail its reasons for denying consent, within ten (10) days after Tenant has requested Landlord’s consent. In connection with a proposed assignment, sublease, sale of the assets of Tenant, corporate merger, consolidation or reorganization, or at any other time reasonably requested by Tenant, Landlord shall, without waiving its right to receive rents under withhold consent, execute and deliver to Tenant, within ten (10) days after Tenant’s request, a written statement, which may be relied upon by Tenant, its successors, assigns and any third party with whom the terms of this Lease as collateral for loans from time to time.Tenant is dealing, certifying:

Assignment and Sublet. This Lease Subject to the provisions hereof, Tenant shall not be assigned nor have the premises right to assign or sublet in whole or in part by Lessee without the prior Leased Premises and its interest under this Lease, with the written consent of Lessor. Lessor hereby agrees the Landlord, not to withhold be unreasonably withheld, conditioned or delay unreasonably Lessor’s consent delayed. Landlord's reasonable withholding of approval may be based upon the credit and character of the subtenant or assignee, the proposed use of the space, the terms of the assignment or sublease, the proposed alterations to the space, and any other consideration that may have an impact on the quality, security, and economic health of the Property and Buildings. No such assignment or subletting shall in the event Lessee requests said consent. Lessor’s consent shall not be required for: (a) an assignment any manner release Tenant from any of its obligations, duties, responsibilities or subletting to the parent or subsidiary company of Lessee; (b) the merger with or consolidation into any other corporation by Lessee or the reorganization or redistribution of the manner by which Lessee is held, owned or operated; or (c) any other transfer of the Demised Premises, liabilities under this Lease, or under any part of eitherextension, occasioned by a consolidation, merger, reorganization modification or other sale alteration executed prior or similar event involving all or, substantially all of the assets subsequent to any such assignment or stock of Lessee, provided that in each instance the successor to Lessee’s interest assumes in full, for the benefit of Lessor, all of the obligations of Lessee under this Lease. As used herein, the phrase “withhold or delay unreasonably Lessor’s consent” shall not entitle Lessor to demand or receive in exchange therefore or as a condition thereto an amount or sum of rent or other financial consideration not expressly required pursuant to the terms of this Leasesubletting. Any such subletting or assignment shall be to a tenant of a quality and for a use consistent with the Tenant and other tenants in the Buildings or subletting (including, without limitation, an, assignment or subletting which does not require Lessor’s consent) shall not affect or limit, in any way, the liability of Lessee under the terms of this LeaseProperty. Lessee shall not mortgage, pledge or otherwise encumber the Demised Premises without the prior written consent of Lessor (which consent shall not be unreasonably withheld). Lessor Landlord reserves the right to assign its right approve any and all terms, covenants, conditions, provisions and agreements of any such assignment or subletting. If there is vacant space available for rent at the Property, no proposed sub-tenant can be either an existing tenant at Princeton Commerce Center (without Landlord's approval) or a party with whom Landlord is in negotiations to receive rents under take controlling ownership in the terms of corporation, limited liability company, limited partnership or other entity holding Tenant's position in this Lease as collateral for loans from time or the position of Guarantor- The merger of Tenant into another entity or any other action resulting in transfer of controlling interest of Tenant shall be deemed an assignment and subject to timeLandlord's approval.

Assignment and Sublet. This Lease Sublessee shall not be assigned nor have no rights to assign or sublease all or part of the premises sublet in whole or in part by Lessee Sublease Premises without the prior written approval of Landlord and Tenant/Sublessor, which in the case of Tenant/Sublessor shall be subject to the terms and conditions of the Lease. For the purposes of this paragraph 20, the term "part" in the preceding sentence shall mean consisting of no less than fifty percent (50%) of the rentable square footage of the Sublease Premises, of this paragraph 20, the term "part" in the preceding sentence shall mean consisting of no less than fifty percent (50%) of the rentable square footage of the Sublease Premises, Sublessee hereby acknowledging that it shall have no rights whatsoever to sublease less than 50% of the Sublease Premises in any one instance. In the event Sublessee desires to assign this Sublease or sublet any portion or all or the Sublease Premises, Sublessee shall notify Tenant/Sublandlord in writing of Sublessee's intent to so assign this Sublease or sublet the Sublease Premises and the proposed effective date of such subletting or assignment, and shall request in such notification that Landlord and Sublessor consent of Lessorthereto. Lessor hereby agrees not to withhold or delay unreasonably Lessor’s consent to assignment or subletting Except in the event Lessee requests said consent. Lessor’s consent shall not be required for: (a) of an assignment or subletting to an Affiliate (defined hereinbelow), Sublessor may terminate this Sublease in the parent case of a proposed assignment, or subsidiary company suspend this Sublease pro tanto for the period and with respect to the space involved in the case of Lessee; a proposed subletting, by giving written notice of termination or suspension to Sublessee within thirty (b30) the merger day after receipt of such notification, with such termination or consolidation into any other corporation by Lessee or the reorganization or redistribution suspension to be effective as of the manner by which Lessee is held, owned or operated; or (c) any other transfer effective date of the Demised Premises, this Lease, or any part of either, occasioned by a consolidation, merger, reorganization or other sale or similar event involving all or, substantially all of the assets or stock of Lessee, provided that in each instance the successor to Lessee’s interest assumes in full, for the benefit of Lessor, all of the obligations of Lessee under this Lease. As used herein, the phrase “withhold or delay unreasonably Lessor’s consent” shall not entitle Lessor to demand or receive in exchange therefore or as a condition thereto an amount or sum of rent or other financial consideration not expressly required pursuant to the terms of this Lease. Any such assignment or subletting (including, without limitation, an, assignment or subletting which subletting. If Sublessor does not require Lessor’s consentso terminate or suspend within said thirty (30) shall not affect or limitdays, in any way, the liability of Lessee under the terms of this Lease. Lessee shall not mortgage, pledge or otherwise encumber the Demised Premises without the prior written consent of Lessor (which Sublessor's consent shall not be unreasonably withheld)withheld to an assignment or to a subletting, provided that the assignee or subtenant shall use the Sublease Premises only for general office use, and further provided, with respect to a subletting, that after such subletting the initial Sublessee named herein occupies at least fifty (50%) percent of the rentable floor area of the Sublease Premises. Lessor reserves If for any assignment or sublease consented to by Sublessor hereunder Sublessee receives rent or other consideration, either initially or over the term of the assignment or sublease, in excess of the rent called for hereunder, or in case of sublease of part, in excess of such rent fairly allocable to the part, after appropriate adjustments to assure that all other payments called for hereunder are appropriately taken into account and after deduction for reasonable expenses of Sublessee in connection with the assignment or sublease, to pay to Sublessor as additional rent the excess of each such payment of rent or other consideration received by Sublessee promptly after its receipt. Notwithstanding anything to the contrary herein contained, Sublessor's termination right pursuant to assign its right to receive rents under the terms second paragraph of this Lease as collateral Paragraph 18 shall have no applicability and Sublessor's consent shall not be unreasonably withheld to an assignment or subletting to any entity controlling, controlled by or under common control with Sublessee (an "Affiliate"), provided that such Affiliate shall use the Sublease Premises only for loans from time to timethe use specified in Paragraph 21 below.