Common use of Assignment and Subletting; Prohibition against Leasehold Financing Clause in Contracts

Assignment and Subletting; Prohibition against Leasehold Financing. (a) Tenant may not assign this Lease, voluntarily or involuntarily, whether by operation of law or otherwise, or sublet any of the Related Premises at any time to any other Person without the prior written consent of Landlord, which consent, in the event of an assignment, may be withheld by Landlord for any or no reason, and any such purported assignment or sublease shall be null and void.

Appears in 1 contract

Samples: Lease Agreement (Corporate Property Associates 12 Inc)

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Assignment and Subletting; Prohibition against Leasehold Financing. (a) Except as expressly set forth below, Tenant may not assign this Lease, voluntarily or involuntarily, whether by operation of law or otherwise, otherwise or sublet any of the Related Leased Premises at any time to any other Person without the prior written consent of Landlord, which consent, in the event of an assignment, may be withheld by Landlord for any or no reason, reason and any such purported sublease or assignment or sublease shall be null and void.

Appears in 1 contract

Samples: Lease Agreement (Pemstar Inc)

Assignment and Subletting; Prohibition against Leasehold Financing. (a) Tenant may not assign this Lease, voluntarily or involuntarily, whether by operation of law or otherwise, or sublet any of the Related Leased Premises (except as expressly provided below) at any time to any other Person without the prior written consent of Landlord, which consent, in the event of an assignment, may be withheld by Landlord for any or no reason, reason and any such purported sublease or assignment or sublease in violation of this Paragraph 21(a) shall be null and void.

Appears in 1 contract

Samples: 1 Lease Agreement (Corporate Property Associates 14 Inc)

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Assignment and Subletting; Prohibition against Leasehold Financing. (a) Tenant may Except as specifically provided in this Paraxxxxx 00, Xxxxxx xxx not assign this Lease, voluntarily or involuntarily, whether by operation of law or otherwise, or sublet any of the Related Premises at any time to any other Person without the prior written consent of Landlord, which consent, in the event of an assignment, may be withheld by Landlord for any or no reason, and any such purported assignment or sublease shall be null and void.

Appears in 1 contract

Samples: Lease Agreement (Applied Bioscience International Inc)

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