Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors and assigns, expressly covenants, that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Office Lease (Liquid Holdings Group LLC), Office Lease (Liquid Holdings Group LLC)
Assignment, Mortgage, Etc. Except as set forth herein, Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors and assigns, expressly covenants, that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment, which consent to an assignment or sublease shall not be unreasonably conditioned, withheld or delayed as set forth in Article 61 below. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, beyond the expiration of all applicable notice and cure periods, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Sublease Agreement (Liquid Holdings Group, Inc.), Office Lease (Liquid Holdings Group, Inc.)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting. See paragraph "55th" in Rider.
Appears in 2 contracts
Samples: Lease Agreement (Firetector Inc), Loft Lease (Firetector Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, . Owner may, after default by Tenant, collect rent from the assignee, undertenant under tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Lease Agreement (Wealthhound Com Inc), Sublease Agreement (Wealthhound Com Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate corporate. Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Loft Lease (Integral Ad Science Holding LLC), Lease Agreement (Integral Ad Science Holding LLC)
Assignment, Mortgage, Etc. Subject to Article A-22 hereof, Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Lease Agreement (National Medical Health Card Systems Inc), Lease Agreement (Sandata Technologies Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 2 contracts
Samples: Loft Lease (Nara Bancorp Inc), Lease Agreement (General Credit Corp)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributeesheirs distributes, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreementlease, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, underletting occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, occupant and apply the net amount collected to the rent herein reserved, reserved but no such assignment, underletting, assignment underletting occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of or Owner to any further assignment or underletting. See Article 61 of this Lease.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment assigned or underletting shall not in any way wise be construed to relieve Tenant tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, and administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (Take Two Interactive Software Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. Electric Current:
Appears in 1 contract
Samples: Office Lease (Global Sources LTD)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way anywise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Loft Lease (American Realty Capital New York Recovery Reit Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, occupant and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Loft Lease (General Credit Corp)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, underlet or suffer or permit the demised premises or any part party thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or of if the demised premises or any part party thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, occupant and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Sublease (Miningco Com Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-Tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenantTenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.underletting.4
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants convenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by fby anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount amounts collected to the rent herein reserved, but no such assignment, underletting, occupancy occupancy, or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further furhter performance by of Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. See Par. 54
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be wise by construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (Paradise Music & Entertainment Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the (not legible) (not legible) prior written consent of Owner Landlord in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If instance if this lease be assigned, assigned or if the demised premises or any part thereof be by underlet or occupied by anybody other than Tenant, Owner . Landlord may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, occupant and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, underletting occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant assignee under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner Landlord to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner Landlord to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributeesdistributes, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instanceinstance which shall not be unreasonably withheld or delayed. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant, or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. ELECTRIC CURRENT:
Appears in 1 contract
Samples: Lease Agreement (Ask Jeeves Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underlettingunderlining.
Appears in 1 contract
Assignment, Mortgage, Etc. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises Demised Premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease Lease be assigned, or if the demised premises Demised Premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent Rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. [See Article 43]
Appears in 1 contract
Samples: Sublease (Media Metrix Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by TenantXxxxxx, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance Performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant Xxxxxx from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.by
Appears in 1 contract
Samples: Lease Agreement (Medscape Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way no wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Office Lease (Mounger Corp)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. Electric Current:
Appears in 1 contract
Assignment, Mortgage, Etc. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by TenantXxxxxx, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant Xxxxxx from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Extension (Accufacts Pre Employment Screening Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. , Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by TenantTenaxx, collect xxllect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from Tenaxx xxxm obtaining the express consent in writing of Owner to any further assignment or underletting.. ELECTRIC CURRENT:
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no not such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be wise by construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. ELECTRIC CURRENT:
Appears in 1 contract
Samples: Lease Agreement (Alloy Online Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, convenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. [insert 11.1] Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. Electric Current:
Appears in 1 contract
Samples: Office Lease (Organic Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, assigns expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this the covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributeesdistributes, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Which consent shall not be unreasonably withheld conditioned or delayed. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an as assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, may after default by Tenant, collect rent from the assignee, undertenant undertenants or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underlettingunderlying, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (Opus360 Corp)
Assignment, Mortgage, Etc. Tenant, for itselfitself , its heirs, distributees, executors, administrators, legal representativerepresentatives, successors succcessors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. (See Article 42 of Rider) Electric Current:
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting. The consent of Owner to an assignment or sublet shall not be unreasonably withheld or delayed.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises Demised Premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant tenant or the majority interest in any partnership or other legal entity which is Tenant membership interest of a partnership or limited liability company tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises Demised Premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (L90 Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance"stance which shall not be unreasonably withheld or delayed. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.. ELECTRIC CURRENT
Appears in 1 contract
Samples: Lease Agreement (Ask Jeeves Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises premises, or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (Endo Pharmaceuticals Holdings Inc)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner [9] in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Lease Agreement (Younetwork Corp)
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representativerepresentatives, successors and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance, except as otherwise expressly provided in Article 41. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Assignment, Mortgage, Etc. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors successor and assigns, expressly covenants, covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof hereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority partnership interest in any of a partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no not such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant under-tenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.
Appears in 1 contract
Samples: Office Lease (Id Systems Inc)