ASSIGNMENT OF SUBLETTING. Tenant shall not assign this lease or the unit or any part thereof, nor sublet the unit or part thereof, without advance written consent of Management.
ASSIGNMENT OF SUBLETTING a. Tenant shall not assign this Lease or sublet the whole or any part of the Premises without the prior written consent of Landlord, which consent Landlord shall not unreasonably withhold, condition or delay, provided (i) no Tenant Event of Default (hereinafter defined) has occurred and is continuing at the time of the request for consent to the assignment or sublease, (ii) the use to be made of the Premises by the assignee or subtenant shall be permitted by Paragraph hereof, (iii) the assignee or subtenant shall assume in writing the performance of all of the terms, provisions and covenants of this Lease on the part of Tenant to be kept and performed, and (iv) shall deliver to Landlord within fifteen (15) days (or as soon thereafter as is reasonably practicable) after the assignment or subletting an executed duplicate of such agreement, together with a duly executed assumption agreement. Any such assignment or subletting shall be otherwise subject to and upon all of the terms, provisions and covenants of this Lease.
b. No assignment or subletting or collection of rent from the assignee or subtenant shall be deemed to constitute a novation or in any way release Tenant from further performance of its obligations under this Lease, and Tenant shall continue to be liable under this Lease for the balance of the Primary Term and any Renewal Term with the same force and effect as if no such assignment had been made.
ASSIGNMENT OF SUBLETTING. Notwithstanding any other provisions contained herein, the Tenant will not assign this Lease nor sublet the whole or any part of the demised premises without the written consent of the Landlord having first been obtained, which consent shall not unreasonably withheld, and in any case, where Landlord shall consent to such assignment or subletting, the Tenant named herein shall remain fully liable for the obligation to pay the rent and other amounts provided to be paid under this Lease. In the event of such assignment or subletting, it shall be a condition to Xxxxxxxx’s consent that such assignee or sub tenant agree directly with the Landlord to be bound by all of the obligations of the Tenant hereunder including this covenant against further assignment or subletting.
ASSIGNMENT OF SUBLETTING. Resident may not sub-lease the lot or assign or transfer this Lease unless the manufactured home upon said lot is sold pursuant to paragraph 9 below. Resident _MAY NOT (“may” or “may not”) rent or lease the manufactured home upon the subject lot. Any resident who is currently sub-leasing the manufactured home upon the subject lot, shall terminate that sub-lease, transfer, assignment, rental and/or lease no later than . Any such assignment or sublease shall constitute a default and be subject to all remedies available for a default.
ASSIGNMENT OF SUBLETTING. Tenant shall not voluntarily or by action of law transfer, assign, sublet, mortgage or otherwise transfer or encumber all or any part of Tenant's Tenant's Initials __________ Landlord's Initials __________
ASSIGNMENT OF SUBLETTING. Lessee may assign this Lease in whole or in part, or sublet all of any part of the leased premises, with the written approval of the Lessor in each instance; provided that consent of the Lessor is given, Lessee shall remain fully liable on this Lease. It is understood and agreed that Lessor's consent will not be unreasonably withheld; provided a comparable market rate is agreed upon for the Assignee or the Sublessee to pay the Lessor for the remainder of the initial term of the Lease.
ASSIGNMENT OF SUBLETTING. Without the prior written consent of Lessor, Lessee shall not assign this lease, or sublet or grant any concession of license to use the premises or any part thereof. A consent by Lessor to one assignment, subletting, concession, or license shall not be deemed to be a constant and subsequent assignment, subletting, concession, or license. An assignment, subletting, concession, or license without the prior written consent of Lessor, or an assignment or subletting by operation of lease, shall be void and shall, at Lessor’s option, terminate this lease.
ASSIGNMENT OF SUBLETTING. Section I. Sublessee shall not assign or in any manner transfer this --------- Sublease or any interest therein, nor sublet said premises or any part of parts thereof, nor permit occupancy by anyone with, through, or under it without the previous written consent of Lessor and Sublessor not to be unreasonably withheld or delayed, provided, however, that any additional assignee or sublessee shall be a customer of ABX AIR, INC. unless otherwise approved by ABX AIR, INC. Consent by Lessor and Sublessor to one or more assignments of this sublease or to one or more subletting's of the Premises shall not operate as a waiver of Sublessor's rights under this Article to any subsequent assignment or subletting. No assignment or sublease shall release Sublessee of any of its obligations hereunder or be construed or taken as a waiver of any sublessor's rights or remedies hereunder.
Section II. Neither this Sublease nor any interest therein, nor any estate ---------- thereby created, shall pass to any trustee or receiver in bankruptcy or any assignee for the benefit of the creditors or by operation of law.
ASSIGNMENT OF SUBLETTING. (A) Tenant shall not have the right to assign or pledge this Lease or to sublet the whole or any part of the Premises, whether voluntary or by operation of law, or permit the use or occupancy of the Premises by anyone other than Tenant, or assign this Lease for security purposes, without the prior written consent the Landlord, which consent shall not be unreasonably withheld, and such restrictions shall be binding upon any assignee or subtenant to which Landlord has consented. In the event Tenant desires to sublet the Premises, or any portion thereof, or assign this Lease, Tenant shall give written notice thereof to Landlord at least 90 days but no more than 180 days prior to the proposed commencement date of such subletting or assignment, which notice shall set forth the name of the proposed subtenant or assignee, the relevant terms of any sublease and copies of financial reports and other relevant financial information of the proposed subtenant or assignee. Notwithstanding any permitted assignment or subletting, Tenant shall at all times remain directly and primarily responsible and liable for the payment of the rent herein specified and for compliance with all of its other obligations under this Lease. Upon the occurrence of an "event of default" (as hereinafter defined), if the Premises or any part thereof are then sublet, Landlord, in addition to any other remedies provided herein or by law, may collect directly from such subtenant all rents due and becoming due to Tenant under such sublease and apply such rent against any sums due to Landlord from Tenant hereunder. No such collection directly from an assignee or subtenant shall be construed to constitute a novation or a release of Tenant from the further performance of Xxxxxx's obligations hereunder.
(B) In addition to Xxxxxxxx's right to approve of any subtenant or assignee, Landlord shall have option, in its sole discretion, in the event of any proposed of any subletting or assignment, to terminate this Lease, or in the case of a proposed subletting of less than the entire Premises, to recapture the portion of the Premises to be sublet, as of the date the subletting or assignment is to be effective. The option shall be exercised by Xxxxxxxx's giving Tenant written notice thereof within 15 days following Xxxxxxxx's receipt of Tenant's written notice as required above. If this Lease shall be terminated with respect to the entire Premises the Term shall end the date stated in Tenant's notice as the ef...
ASSIGNMENT OF SUBLETTING. Sublessee shall have the right to assign this Sublease or sublet all or any part of the premises without the prior written consent of Sublessor (with the consent of Lessor, if such is required under the terms of the Lease).
