Common use of Assignment by Lessee Clause in Contracts

Assignment by Lessee. Notwithstanding any provision of this Lease Agreement to the contrary, subject to applicable laws and regulations and so long as no Lease Event of Default shall have occurred and be continuing, the Lessee may sublease the Nuclear Material provided that (i) the Lessee has given prior written notice of such sublease to the Lessor, (ii) such sublease is not inconsistent with, and is expressly subject to, this Lease Agreement and (iii) such sublease does not in any way limit or affect the Lessee's duties and obligations under this Lease Agreement.

Assignment by Lessee. Notwithstanding any provision of this Lease Agreement to the contrary, subject to applicable laws and regulations and so long as no Lease Event of Default shall have occurred and be continuing, the Lessee may sublease the Nuclear Material provided that (ia) the Lessee has given prior written notice of such sublease to the Lessor, (iib) such sublease is not inconsistent with, and is expressly subject to, this Lease Agreement and (iiic) such sublease does not in any way limit or affect the Lessee's duties and obligations under this Lease Agreement.