Common use of Assignment of Sublease by Tenant Clause in Contracts

Assignment of Sublease by Tenant. Tenant shall not assign this Lease or sublet the Premises without the prior written consent of Landlord which consent shall not be unreasonably withheld, conditioned or delayed provided that (a) the new subtenant’s financial statements are equal to or greater than that of Tenant and (b) Tenant during the Term of the Lease shall remain personally liable for all payments due hereunder regardless of the assignment.

Appears in 4 contracts

Samples: Lease Agreement (Sidus Space Inc.), Lease Agreement (Sidus Space Inc.), Lease Agreement (Sidus Space Inc.)

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