Assignment by Sublessee. SUBLESSEE WILL NOT ASSIGN, DELEGATE OR OTHERWISE TRANSFER (VOLUNTARILY, INVOLUNTARILY, BY OPERATION OF LAW OR OTHERWISE) ANY OF ITS RIGHTS OR OBLIGATIONS UNDER THIS SUBLEASE OR CREATE OR PERMIT TO EXIST ANY SECURITY INTEREST OTHER THAN ANY PERMITTED LIEN OVER ANY OF ITS RIGHTS UNDER THIS SUBLEASE, AND ANY ATTEMPT TO DO SO SHALL BE NULL AND VOID.
Assignment by Sublessee. Except as expressly permitted in the following sentence, Sublessee will not assign any of its rights under this Sublease without the prior written consent of Sublessor and Head Lessor. On ten days' written notice to Sublessor, Sublessee may consolidate with or merge into any other corporation provided that the following conditions are met:
Assignment by Sublessee. Sublessee shall have the right to assign Sublessee's interest in this Sublease or sublease the Premises in whole or in part during the Term hereof, subject to obtaining the prior written consent of Sublessor, which shall not be unreasonably withheld or delayed, and of Master Lessor. The foregoing notwithstanding, if Sublessee requests Sublessor's consent to an assignment or sublet of all or a portion of the Premises through the remainder of the Sublease term, Sublessor shall have the right to recapture the portion of the Premises proposed to be assigned or sublet, in which case this Sublease shall terminate as to such portion of the Premises. Furthermore, Sublessee shall pay to Sublessor, after the reduction of any costs incurred by Sublessee in subleasing the space, seventy-five percent (75%) of the rent received as a result of an assignment or sublease which exceeds the Base Rent payable hereunder for the same period on a per square foot basis. The "reduction of any costs incurred by Sublessee in subleasing the space" shall include all reasonable costs incurred by Sublessee in connection with such sublease, including reasonable legal fees and brokerage commissions. Any such assignment or further sublease of the Premises shall be subject to the provisions of Section 14.1 of the Master Lease and shall not relieve Sublessee of its duties and obligations under this Sublease.
Assignment by Sublessee. Sublessee may not sublease, assign or otherwise transfer or encumber (collectively the "transaction") any rights in whole or in part under this Sublease without first receiving written consent from Sublessor.
Assignment by Sublessee. Sublessee shall not have the right to sub-sublease the Subleased Premises or to assign its interest under this Sublease except as permitted under Section 16.8 [Permitted Transfer] of the Master Lease, as incorporated herein.
Assignment by Sublessee. Sublessee shall not assign or transfer all or any part of the Subleased Premises or Sublessee's leasehold estate hereunder without Sublessor's prior written consent, which consent may be withheld in Sublessor's reasonable discretion, and Sublessee shall also obtain the consent of the Overlandlord in accordance with the terms of the Master Lease. Notwithstanding the foregoing, Sublessor agrees that it will not withhold its consent to an assignment of this Sublease to any corporation into which Sublessee is merged or with which Sublessee is consolidated, provided that such assignee shall execute, acknowledge and deliver to Sublessor an agreement in form and substance satisfactory to Sublessor whereby such assignee shall agree (i) to be bound by and upon all of the covenants, agreements, terms, provisions and conditions set forth in this Sublease on the part of Sublessee to be performed; and (ii) that the provisions of this Article 14 shall continue to be binding upon it with respect of all future assignments and transfers.
