Common use of Assignment by the Lessor Clause in Contracts

Assignment by the Lessor. The Lessor may not, save as provided below, assign or transfer any of its rights or obligations under this Lease or any of the other Relevant Documents without the prior written consent of the Lessee which consent may not unreasonably be withheld. Notwithstanding the above provision, the Lessor shall be at liberty to transfer (by way of assignment or novation) its rights, benefits or obligations under this Lease and any of the other Relevant Documents to any leasing company chosen by it within the Lessor Group which is resident in the United Kingdom for the purpose of the charge to Corporation Tax on the basis that:

Appears in 5 contracts

Samples: Lease Agreement (Golar LNG LTD), Lease Agreement (Golar LNG LTD), Lease Agreement (Golar LNG LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!