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Common use of Assignment by Lessee Clause in Contracts

Assignment by Lessee. Lessee shall not, without Lessor's prior written consent, (a) sell, assign, transfer, pledge, hypothecate, or otherwise dispose of, encumber or suffer to exist a lien upon or against, any of the Equipment or any Lease or any interest therein, by operation of law or otherwise, or (b) sublease or lend any of the Equipment or permit any of the Equipment to be used by anyone other than Lessee.

Appears in 12 contracts

Samples: Master Lease Agreement (Flashnet Communications Inc), Master Lease Agreement (Network Access Solutions Corp), Master Lease Agreement (Pointe Communications Corp)

Assignment by Lessee. Lessee shall not, without Lessor's prior written consent, (a) sell, assign, transfer, pledge, hypothecate, or otherwise dispose of, encumber or suffer to exist a lien upon or against, any of the Equipment or any Lease or lease, any interest therein, by operation of law or otherwise, or (b) sublease or lend any of the Equipment or permit any of the Equipment to be used by anyone other than Lessee.

Appears in 2 contracts

Samples: Master Lease Agreement (Bluestar Communications Group Inc), Master Lease Agreement (Bluestar Communications Group Inc)

Assignment by Lessee. Lessee shall not, without Lessorlessor's prior written consent, (a) sell, assign, transfer, pledge, hypothecate, or otherwise dispose of, encumber or suffer to exist a lien upon or against, any of the Equipment or any Lease or any interest therein, by operation of law or otherwise, or (b) sublease or lend any of the Equipment or permit any of the Equipment to be used by anyone other than Lessee.

Appears in 1 contract

Samples: Master Lease Agreement (Dayton General Systems Inc)

Assignment by Lessee. Lessee shall not, without Lessor's prior written consent, (a) sell, assign, transfer, pledge, hypothecate, or otherwise dispose of, encumber or suffer to exist a lien upon or against, any of the Equipment or any Lease or any interest therein, by operation of law or otherwise (provided that the foregoing shall not apply in connection with the sale or disposition, by means of merger or otherwise, of all or substantially all of the assets of Lessee), or (b) sublease or lend any of the Equipment or permit any of the Equipment to be used by anyone other than Lessee other than to an affiliate of Lessee.

Appears in 1 contract

Samples: Master Lease Agreement (Verio Inc)

Assignment by Lessee. Lessee shall not, without Lessor's prior written consent, (a) sell, assign, transfer, pledge, hypothecate, or otherwise dispose of, encumber or suffer to exist a lien upon or against, against any of the Equipment or any Lease or any interest therein, by operation of law or otherwise, or (b) sublease or lend any of the Equipment or permit any of the Equipment to be used by anyone other than Lessee.

Appears in 1 contract

Samples: Master Lease Agreement (Grace Development Inc)