Assignment and Subletting by Lessee. Lessee may not sublet, assign, encumber, or otherwise transfer this Lease, or any right or interest in this Lease or in the Leased Premises or the improvements on the Leased Premises, without the written consent of Lessor. If Lessee sublets, assigns, encumbers, or otherwise transfers its rights or interest in this Lease or in the Leased Premises or the improvements on the Leased Premises, other than as specified herein, without the written consent of Lessor, Lessor may, at its option, declare this Lease terminated and Lessee and Lessor shall have no further obligation to each other under this Lease. In the event Lessor consents in writing to an assignment, sublease or other transfer of all or any of Lessee's rights under this Lease, the assignee or sublessee, must assume all of Lessee's obligations under this Lease, and Lessee shall remain liable for every obligation under the Lease. Lessor's consent under this section will not be arbitrarily or unreasonably withheld.
Assignment and Subletting by Lessee. LESSEE will not sublet the demised premises or any part hereof, or transfer possession or occupancy thereof to any person, firm, partnership or corporation, or transfer or assign this tease without the prior written consent of LESSOR, nor shall any subletting or assignment hereof be effected by operation of law or otherwise than by the prior written consent of LESSOR. However, in neither case shall the LESSOR unreasonably withhold consent to such a subletting or assignment.
Assignment and Subletting by Lessee. Lessor hereby consents to an assignment of this Lease or a subletting of all or part of the Premises to (a) a parent of Lessee, the parent of such parent, or a wholly owned subsidiary of Lessee, of such parent, or of the parent of such parent and (b) any entity to whom Lessee sells all or substantially of its assets provided that any such entity expressly assumes all Lessee's obligations hereunder.
Assignment and Subletting by Lessee. Lessee shall not have the right to further assign this Lease or further sublet the Rental Space without the prior written approval of Lessor. Any further assignment or subleasing shall not relieve Lessee from its liability under the terms and conditions of this Lease, and any assignee of Lessee shall be bound unconditionally by and perform all of the obligations of Lessee under this Lease.
Assignment and Subletting by Lessee. Lessee shall not assign this Lease or sublet the Premises or any part thereof without Lessor’s prior written consent, which consent Lessor agrees not to unreasonably withhold or delay; provided, however, that Lessee may, without Lessor’s consent assign this Lease or sublet the Premises or any part thereof to any affiliate of Lessee. Lessor hereby consents to Lessee subletting up to fifteen thousand (15,000) square feet of space in the Building to Mestek, Inc. for use as a laboratory and/or test facility.
Assignment and Subletting by Lessee. Lessee shall have the right without the prior written consent of Lessor to assign this Lease, and any interest therein, and to sublet the leased premises, or any part thereof, or any right or privilege pertinent thereto, provided each assignee assumes in writing all of Lessee's obligations under this Lease, and Lessee shall remain liable for each and every obligation under this Lease.
Assignment and Subletting by Lessee. Lessee shall not assign this Lease in whole or in part, or sublet all or any part of the Lease Premises, or permit occupancy of all or any part of the Lease Premises under any arrangement by a party other than Lessee.
Assignment and Subletting by Lessee. Provided that at the time of any such assignment or subletting is not then in default of this Lease, Lessee may assign or sublet the Demised Premises, for the uses and purposes permitted under this Lease, as follows:
(a) Lessee obtains the prior consent of Lessor;
(b) Upon either an assignment by Lessee or a sublet, Lessee shall remain jointly and severally liable for rents and other obligations due under this Lease upon any default by the assignee or the sublessee. In the event that the Lessor’s mortgagee requires approval of assignments, then Lessor agrees to cooperate in obtaining such mortgagee approval. Notwithstanding the foregoing, Lessee shall have the right to assign this Lease without prior consent of Lessor, to any wholly owned subsidiary of the Lessee or to any successor to the business of the Lessee (whether a successor by merger, consolidation, reorganization, purchase of assets or otherwise), provided that the assignee of the Lessee shall expressly assume this Lease and agree to abide and perform all of the covenants and agreements of the Lessee herein contained.
Assignment and Subletting by Lessee. Lessee shall not have the right, except with the prior written consent of Lessor, to assign this Lease or any interest therein and provided that the assignee selected by Lessee shall be subject to the approval of Lessor and that the assignee shall assume in writing all of the Lessee's obligations under this Lease and Lessee shall remain liable for each and every obligation hereunder. The approval of Lessor shall be based upon the proposed assignee's financial condition, proposed use and stability. Lessee shall not have the right except with the prior written consent of Lessor, to sublet the premises provided that the Lessor shall have the right to approve such sublessee and that the sublessee shall assume in writing all of the Lessee's obligation under this Lease, and Lessee shall remain liable for each and every obligation under this Lease. The approval of such sublessee shall be based upon the same conditions as set forth in the previous paragraph.
Assignment and Subletting by Lessee. Lessee shall not assign or sublet any part of this Lease or the Leased Premises without the prior written consent of Lessor.
