Common use of Assignment of Sublease Clause in Contracts

Assignment of Sublease. Lessee shall not, without first obtaining the written consent of the lessor, assign, mortgage, pledge or encumber this lease, in whole or in part, or sublet the premises or any part of such premises. This covenant shall be binding upon the legal representatives of lessee, and upon every person to whom lessee's interest under this lease passes by operation of law, but shall not apply to an assignment or subletting to the parent or subsidiary of a corporate lessee or to a transfer of the leasehold interest occasioned by a consolidation or merger involving such lessee.

Assignment of Sublease. Lessee shall not, without first obtaining the written consent of the lessorlessor which shall not be unreasonably withheld, assign, mortgage, pledge pledge, or encumber this lease, in whole or in part, or sublet the premises or any part of such premises. This covenant shall be binding upon the legal representatives of lessee, and upon every person to whom lessee's interest under this lease passes by operation of law, but shall not apply to an assignment or subletting to the parent or subsidiary of a corporate lessee or to a transfer of the leasehold interest occasioned by a consolidation or merger involving such lessee.

Assignment of Sublease. Lessee shall not, without first obtaining the written consent of the lessor, assign, mortgage, pledge or encumber this leasekm, in whole or in part, or sublet the premises or any part of such premises. This covenant shall be binding upon the legal representatives of lessee, and upon every person to whom lessee's interest under this lease passes by operation of law, but shall not apply to an assignment or subletting to the parent or subsidiary of a corporate lessee or to a transfer of the leasehold interest occasioned by a consolidation or merger involving such lessee.

Assignment of Sublease. Lessee shall not, without first obtaining the written consent of the lessorLessor, assign, mortgage, pledge pledge, or encumber this leaseLease, in whole or in part, or sublet the premises or any part of such premisesthereof. This covenant shall be binding upon the legal representatives of lesseeLessee, and upon every person to whom lesseeLessee's interest under this lease Lease passes by operation of law, but shall not apply to an assignment or subletting to the parent or subsidiary of a corporate lessee or to a transfer of the leasehold interest occasioned by a consolidation or merger involving such lessee.