Common use of Assignment, Mortgage, Etc Clause in Contracts

Assignment, Mortgage, Etc. Tenant for itself, its heirs, 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. 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, 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 the covenant, or the acceptance of the 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 to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under letting.

Appears in 4 contracts

Samples: Lease Agreement (Learners World Inc), Store Lease (Learners World Inc), Lease Agreement (Learners World Inc)

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Assignment, Mortgage, Etc. (a) Tenant for itself, its heirs, that it shall not assign, mortgage or encumber this agreementLease Agreement, nor underletsublease all or any part of the Premises, or suffer or permit the demised premises Premises or any part thereof to be used by others, without the prior written consent of Owner Landlord in each instance, which consent shall not be unreasonably withheld or delayed. If this lease Lease Agreement be assigned, or if the demised premises Premises or any part thereof be underlet sublet to or occupied by anybody other than Tenant, Owner Landlord may, after default by Tenantat Landlord's option, collect rent from form the assignee, under-tenant subtenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, subletting or occupancy or collection shall be deemed a waiver of the this covenant, or the acceptance of the assignee, under-tenant subtenant or occupant as tenantoccupants, 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 subletting shall not in any wise be construed to relieve Tenant from form obtaining the express consent in writing of Owner Landlord to any further assignment or under lettingsubletting.

Appears in 3 contracts

Samples: Lease Agreement (Sun Hill Industries Inc), Lease Agreement (Sun Hill Industries Inc), Lease Agreement (Sun Hill Industries Inc)

Assignment, Mortgage, Etc. Tenant Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, 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, 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 the this covenant, or the acceptance of the assignee, under-tenant 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 wise way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 3 contracts

Samples: Office Lease (Olo Inc.), Sub Lease Agreement (Loxo Oncology, Inc.), Lease Agreement (Loxo Oncology, Inc.)

Assignment, Mortgage, Etc. Tenant Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, 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 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, 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 the this covenant, or the acceptance of the 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 to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 2 contracts

Samples: Office Lease (Candies Inc), Office Lease (Politics Com Inc)

Assignment, Mortgage, Etc. Tenant 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 other than through a recognized exchange 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 TenantTenant beyond the expiration of all applicable notice and cure periods, collect rent from the assignee, under-tenant 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 the this covenant, or the acceptance of the assignee, under-tenant 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 wise way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 2 contracts

Samples: Office Lease (Liquid Holdings Group LLC), Office Lease (Liquid Holdings Group LLC)

Assignment, Mortgage, Etc. Tenant Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, 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. 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, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underlettingunder-letting, occupancy or collection shall be deemed a waiver of the covenant, or the acceptance of the 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 to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any nay further assignment or under lettingunderletting.

Appears in 2 contracts

Samples: Lease Agreement (Blue Fish Clothing Inc), Lease Agreement (Blue Fish Clothing Inc)

Assignment, Mortgage, Etc. Tenant Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successor 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 partnership interest of a partnership 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, 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 the this covenant, or the acceptance of the 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 to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 2 contracts

Samples: Office Lease (Star Telecommunications Inc), Lease Agreement (Wall Street Strategies Corp)

Assignment, Mortgage, Etc. Tenant Except as otherwise provided in this Article, Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, 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 Landlord in each instance. If this lease Lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner Landlord may, after default by Tenant, collect rent from the assignee, 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 the this covenant, or the acceptance of the 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 wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under letting.or

Appears in 1 contract

Samples: Lease Agreement (PLD Telekom Inc)

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Assignment, Mortgage, Etc. Tenant 10. Tenant, for itself, its heirs, successors and assigns expressly covenants that it shall not nor 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. 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, 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 the covenant, or the acceptance of the 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 to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 1 contract

Samples: Lease Agreement (Coffee Holding Co Inc)

Assignment, Mortgage, Etc. Tenant 11. Tenant, for itself, its heirs, distributes, executors, administrators, legal representatives, 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, directly or indirectly, voluntarily or involuntarily by operation of law or otherwise, 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, under-tenant 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 the this covenant, or the acceptance of the assignee, under-tenant 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 wise way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 1 contract

Samples: Loft Lease (Twinlab Consolidated Holdings, Inc.)

Assignment, Mortgage, Etc. Tenant Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, 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; not to be unreasonably withheld. 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, 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 the this covenant, or the acceptance of the assignee, under-tenant 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 wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or under lettingunderletting.

Appears in 1 contract

Samples: Lease Agreement (Di Giorgio Corp)

Assignment, Mortgage, Etc. Tenant Except as otherwise provided in this Article, Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns, expressly covenants that it shall not assign, mortgage or encumber this agreementLease, nor underlet, or suffer or permit the demised premises Premises or any part thereof to be used by others, without the prior written consent of Owner Landlord in each instance. If this lease Lease be assigned, or if the demised premises Premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner Landlord may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underlettingundeletting, occupancy or collection shall be deemed a waiver of the this covenant, or the acceptance of the 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 wise way be construed to relieve Tenant from obtaining the express consent in writing of Owner Landlord to any further assignment or under lettingunderletting.

Appears in 1 contract

Samples: Lease Agreement (Techsys Inc)

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