Common use of ASSIGNMENT AND UNDERLETTING Clause in Contracts

ASSIGNMENT AND UNDERLETTING. 9.1 Not to assign part of this lease, underlet, charge or part with possession of part only of the Property. 9.2 Not to assign the whole of this lease or underlet or part with possession of the whole of the Property during the last seven years of the Term without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.3 Not to assign the whole of this lease to a limited company without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.4 Not to assign the whole of this lease unless the Tenant has first: (a) paid to the Landlord any Rent, Service Charge, Insurance Rent or other sums payable under this lease which have fallen due before the date of assignment; and (b) provided the Landlord with an address for service in England or Wales if the assignee or transferee is not resident in England or Wales or is a limited company not registered within England or Wales; and (c) at the Tenant’s cost contemporaneously procuring that the assignee executes and delivers to the Landlord and deed of covenant to observe and perform the covenants and conditions on the part of the Tenant contained in this Lease. 9.5 Not to underlet the whole of the Property without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.6 Not to underlet the whole of the Property unless: (a) the underlease is on an assured shorthold tenancy agreement or any other tenancy agreement whereby the tenant does not obtain security of tenure on expiry or earlier termination of the term; (b) the underlease contains covenants substantially the same as those contained in the Regulations, other than the Regulation contained in paragraph 25(a) of Schedule 5; and (c) the underlease provides that the undertenant must not do anything that would or might cause the Tenant to be in breach of the Tenant Covenants. 9.7 Within one month of any assignment, underletting for more than a year, charge, parting with possession of or any other devolution of title to this lease or the Property to serve notice on the Landlord or (if required by the Landlord) the Landlord's solicitors giving details and to: (a) provide a certified copy of the transfer or other instrument of devolution of title; and (b) pay the Landlord's or the Landlord's solicitor's, reasonable registration fee which shall be no less than Seventy Five Pounds plus VAT in respect of each document produced.

Appears in 1 contract

Samples: Lease Agreement

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ASSIGNMENT AND UNDERLETTING. 9.1 Not to assign part of this lease, lease or underlet, charge or part with possession of part only of the Property. 9.2 Not to assign the whole of this lease lease, or underlet or part with possession of the whole of the Property Property, during the last seven years of the Term without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.3 Not to assign the whole of this lease to a limited company without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.4 Not to assign the whole of this lease unless the Tenant has first: (a) paid to the Landlord any Rent, Service Charge, Insurance Rent or other sums payable under this lease which have fallen due before the date of assignment; and (b) provided the Landlord with an address for service in England or Wales if the assignee or transferee is not resident in England or Wales or is a limited company not registered within England or Wales; and (c) at the Tenant’s cost contemporaneously procuring that the assignee executes and delivers to the Landlord and deed of covenant to observe and perform the covenants and conditions on the part of the Tenant contained in this Lease. 9.5 Not to underlet the whole of the Property without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.6 Not to underlet the whole of the Property unless: (a) the underlease is on an assured shorthold tenancy agreement or any other tenancy agreement whereby the tenant does not obtain security of tenure on expiry or earlier termination of the term; (b) the underlease contains covenants substantially the same as those contained in the Regulations, other than the Regulation contained in paragraph 25(a31(a) of Schedule 5; and (c) the underlease provides that the undertenant must not do anything that would or might cause the Tenant to be in breach of the Tenant Covenants. 9.7 9.6 Within one month of any assignment, underletting for more than a one year, charge, parting with possession of or any other devolution of title to this lease or the Property to serve notice on the Landlord or (if required by the Landlord) the Landlord's solicitors giving details and to: (a) provide a certified copy of the transfer or other instrument of devolution of title; and (b) pay the Landlord's or the Landlord's solicitor's, reasonable registration fee which shall be no less than Seventy Five Thirty Pounds plus VAT in respect of each document produced. 9.7 Until the end of the period of ten years from the date of this Lease the Tenant will not make a Relevant Disposal of the Property which is not an Exempt Disposal unless the prescribed conditions as defined in s.188 of the Housing Xxx 0000 and s.156A of the Housing Xxx 0000 (Right of first refusal for Landlord) have been satisfied in relation to that or a previous such disposal 9.8 To make the payment to the Landlord provided for in Section 155 of the Act on any first Relevant Disposal of the Property which is not an Exempt Disposal with the period specified in Section 155 of the Act.

Appears in 1 contract

Samples: Lease

ASSIGNMENT AND UNDERLETTING. 9.1 Not to assign part of this lease, lease or underlet, charge or part with possession of part only of the Property. 9.2 Not to assign the whole of this lease lease, or underlet or part with possession of the whole of the Property Property, during the last seven years of the Term without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.3 Not to assign the whole of this lease to a limited company without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.4 Not to assign the whole of this lease unless the Tenant has first: (a) paid to the Landlord any Rent, Service Charge, Insurance Rent or other sums payable under this lease which have fallen due or before the date of assignment; and (b) provided the Landlord with an address for service in England or Wales if the assignee or transferee is not resident resided in England or Wales or is a limited company not registered within England or Wales; and (c) at the Tenant’s cost contemporaneously procuring that the assignee executes and delivers to the Landlord and deed of covenant to observe and perform the covenants and conditions on the part of the Tenant contained in this Lease. 9.5 Not to underlet the whole of the Property without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.6 Not to underlet the whole of the Property unless: (a) the underlease is on an assured shorthold tenancy agreement or any other tenancy agreement whereby the tenant undertenant does not obtain security of tenure on expiry or earlier termination of the term; (b) the underlease contains covenants substantially the same as those contained in the Regulations, other than the Regulation contained in paragraph 25(a26(a) of Schedule 5; and (c) the underlease provides that the undertenant must not do anything that would or might cause the Tenant to be in breach of the Tenant Covenants. 9.7 9.6 Within one month of any assignment, underletting for more than a yearunderletting, charge, parting with possession of or any other devolution of title to this lease or the Property to serve notice on the Landlord or (if required by the Landlord) the Landlord's solicitors giving details and to: (a) provide a certified copy of the transfer or other instrument of devolution of title; and (b) pay the Landlord's or the Landlord's solicitor's, reasonable registration fee which shall be no less than Seventy Five Pounds fifty pounds plus VAT in respect of each document produced.

Appears in 1 contract

Samples: Lease Agreement

ASSIGNMENT AND UNDERLETTING. 9.1 Not to assign part of this lease, lease or underlet, charge or part with possession of part only of the Property. 9.2 Not to assign the whole of this lease lease, or underlet or part with possession of the whole of the Property Property, during the last seven years of the Term without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.3 Not to assign the whole of this lease to a limited company without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.4 Not to assign the whole of this lease unless the Tenant has first: (a) paid to the Landlord any Rent, Service Charge, Insurance Rent or other sums payable under this lease which have fallen due before the date of assignment; and (b) provided the Landlord with an address for service in England or Wales if the assignee or transferee is not resident in England or Wales or is a limited company not registered within England or Wales; and (c) at the Tenant’s cost contemporaneously procuring that the assignee executes and delivers to the Landlord and deed of covenant to observe and perform the covenants and conditions on the part of the Tenant contained in this Lease. 9.5 Not to underlet the whole of the Property without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.6 Not to underlet the whole of the Property unless: (a) the underlease is on an assured shorthold tenancy agreement or any other tenancy agreement whereby the tenant does not obtain security of tenure on expiry or earlier termination of the term; (b) the underlease contains covenants substantially the same as those contained in the Regulations, other than the Regulation contained in paragraph 25(a) 24.1 of Schedule 5; and (c) the underlease provides that the undertenant must not do anything that would or might cause the Tenant to be in breach of the Tenant Covenants. 9.7 9.6 Within one month of any assignment, underletting [for more than a one year], charge, parting with possession of or any other devolution of title to this lease or the Property to serve notice on the Landlord or (if required by the Landlord) the Landlord's solicitors giving details and to:to:‌ (a) provide a certified copy of the transfer or other instrument of devolution of title; and (b) pay the Landlord's or the Landlord's solicitor's, reasonable registration fee which shall be no less than Seventy Five Thirty Pounds plus VAT in respect of each document produced.

Appears in 1 contract

Samples: Lease Agreement

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ASSIGNMENT AND UNDERLETTING. 9.1 Not to assign part of this lease, Lease or underlet, charge or part with possession of part only of the Property. 9.2 Not to assign the whole of this lease Lease, or underlet or part with possession of the whole of the Property Property, during the last seven years of the Term without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.3 Not to assign the whole of this lease Lease to a limited company without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.4 Not to assign the whole of this lease Lease unless the Tenant has first: (a) 9.4.1 paid to the Landlord any Rent, Service Charge, Insurance Rent or other sums payable under this lease Lease which have fallen due before the date of assignment; and (b) 9.4.2 provided the Landlord with an address for service in England or Wales if the assignee or transferee is not resident in England or Wales or is a limited company not registered within England or Wales; and (c) at the Tenant’s cost contemporaneously procuring that the assignee executes and delivers to the Landlord and deed of covenant to observe and perform the covenants and conditions on the part of the Tenant contained in this Lease. 9.5 Not to underlet the whole of the Property without the prior written consent of the Landlord, such consent not to be unreasonably withheld or delayed. 9.6 Not to underlet the whole of the Property unless: (a) 9.5.1 the underlease is on an assured shorthold tenancy agreement or any other tenancy agreement whereby the tenant does not obtain security of tenure on expiry or earlier termination of the term; (b) 9.5.2 the underlease contains covenants substantially the same as those contained in the Regulations, other than the Regulation contained in paragraph 25(a) 25.1 of Schedule 5; and (c) 9.5.3 the underlease provides that the undertenant must not do anything that would or might cause the Tenant to be in breach of the Tenant Covenants. 9.7 9.6 Within one month of any assignment, underletting for more than a one year, charge, parting with possession of or any other devolution of title to this lease Lease or the Property to serve notice on the Landlord or (if required by the Landlord) the Landlord's solicitors giving details and to: (a) provide a certified copy of the transfer or other instrument of devolution of title; and (b) pay the Landlord's or the Landlord's solicitor's, reasonable registration fee which shall be no less than Seventy Five Pounds plus VAT in respect of each document produced.

Appears in 1 contract

Samples: Lease

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