Common use of Assignment of Subrents Clause in Contracts

Assignment of Subrents. In the event of any Transfer, whether or not in violation of the provisions of this Sublease, Sublandlord may, after an Event of Default by Subtenant, and for so long as such Event of Default is uncured, collect Rent from the assignee of the Sublease, or the subtenant or occupant or the Sublease Premises and apply the net amount collected to the curing of any Event of Default hereunder in any order or priority Sublandlord may elect, any unexpended balance to be applied by Sublandlord against any Rent or other obligations subsequently becoming due, but no such assignment, subletting, occupancy or collection of Rent shall be deemed a waiver of the covenants in this Section 5, nor shall it be deemed acceptance of the assignee, subtenant or occupant as a subtenant, or a release of Subtenant from the full performance by Subtenant of all of the terms, conditions and covenants of this Sublease.

Assignment of Subrents. In If this Sublease is assigned or if the event of Sublease Premises or any Transferpart thereof is sublet or occupied by any person or persons other than Sublessee, whether or not in violation of the provisions of this Sublease, Sublandlord Sublessor may, after an Event of Default default by Subtenant, Sublessee beyond any applicable notice and for so long as such Event of Default is uncuredcure period, collect Rent rent from the assignee of the Subleaseassignee, or the subtenant sublessee or occupant or the Sublease Premises and apply the net amount collected to the curing of any Event of Default default hereunder in any order or priority Sublandlord Sublessor may elect, any unexpended balance to be applied by Sublandlord Sublessor against any Rent rental or other obligations subsequently becoming due, but no such assignment, subletting, occupancy or collection of Rent rent shall be deemed a waiver of the covenants in this Section 5Article 6, nor shall it be deemed acceptance of the assignee, subtenant sublessee or occupant as a subtenanttenant, or a release of Subtenant Sublessee from the full performance by Subtenant Sublessee of all of the terms, conditions and covenants of this Sublease.