Common use of Assignment Mortgage and Subletting Clause in Contracts

Assignment Mortgage and Subletting. Notwithstanding anything contained in the Lease to the contrary, Lessee shall be permitted to sublease or assign all or any portion of the Premises at any time during the term of the Lease to any subsidiary or affiliate of Lessee without obtaining the prior approval or consent of Lessor. Lessee shall, however, provide to Lessor within thirty (30) days following the execution of any such sublease or assignment a copy of said documentation for Lessor’s files. In the case of any assignment or subleasing, Lessee shall remain fully liable under the terms of the Lease.

Assignment Mortgage and Subletting. Notwithstanding anything contained in the Lease to the contrary, Lessee shall be permitted to sublease or assign all or any portion of the Premises at any time during the term of the Lease to any subsidiary or affiliate of Lessee without obtaining the prior approval or consent of Lessor. Lessee shall, however, provide to Lessor within thirty (30) days following the execution of any such sublease or assignment a copy of said documentation for Lessor’s 's files. In the case of any assignment or subleasing, Lessee shall remain fully liable under the terms of the Lease.