Common use of Assignment or Sublease by Tenant Clause in Contracts

Assignment or Sublease by Tenant. (a) Assignment or Subletting to an Affiliate. Tenant may assign this Lease or sublet the Leased Premises or any part thereof to an Affiliate (as hereinafter defined) of Ten ant without the prior consent of Landlord; provided, however, Tenant shall give Landlord written notice (which shall specify the assignee or sublessee, and with respect to any sublease, the duration thereof, the date same is to occur, and the exact location of the space affected thereby) of such assignment or sublease within ten (10) days following such assignment or sublease, and with respect to any assignment of this Lease, an original written assumption in favor of Landlord of the duties, obligations and liabilities of Tenant hereunder by such Affiliate. Tenant shall remain directly and primarily liable for the performance of all of the obligations of Tenant hereunder (including, without limitation, the obligation to pay Rent), and Landlord shall be permitted to enforce this Lease in accordance with its terms against Tenant or such sublessee or assignee, or both, notwithstanding any such subletting or assignment. Notwithstanding anything else contained herein, Tenant shall have the right to allow a portion of the Leased Premises to be used or occupied by Tenant's consultants, agents and/or contractors in order to facilitate Tenant's business operations in the Leased Premises.

Assignment or Sublease by Tenant. (a) Assignment or Subletting to an Affiliate. Tenant may will not assign this Lease or sublet sublease all or any part of the Leased Premises without Landlord’s prior written consent, excluding wholly owned subsidiaries of the Tenant, which will not be unreasonably withheld, it being understood and agreed however it will not be unreasonable for Landlord to withhold its consent if the reputation, financial responsibility, or any part thereof to an Affiliate (as hereinafter defined) business of Ten ant without the prior consent of Landlord; provided, however, Tenant shall give Landlord written notice (which shall specify the a proposed assignee or sublessee, and with respect subtenant is unsatisfactory to any sublease, the duration thereof, the date same is to occur, and the exact location of the space affected thereby) of such assignment or sublease within ten (10) days following such assignment or sublease, and with respect to any assignment of this Lease, an original written assumption in favor of Landlord of the duties, obligations and liabilities of Tenant hereunder by such AffiliateLandlord. Tenant shall remain directly and primarily liable for the performance of all of the obligations of Tenant hereunder (including, without limitation, the obligation to pay Rent), and Landlord shall be permitted to enforce this Lease in accordance with its terms against Tenant or such sublessee or assignee, or both, notwithstanding any such subletting or assignment. Notwithstanding anything else contained herein, Tenant shall have the right to allow a portion assign this Lease or sublease without consent to successors or purchasers of the Leased Premises assets or stock of the Tenant. Fifty percent (50%) of any sum received by Tenant as a result of such subletting or assignment which exceeds the total sums Tenant is obligated to pay Landlord under this Lease will be payable to Landlord as additional rent, provided this provision is not applicable to an assignment to a successor or purchaser of the assets or stock of Tenant. The consent by Landlord to sublet or assignment will not constitute consent to any further sublease or assignment. Any sublessee or assignee must agree to be used bound by all of the terms and provisions of this Lease. In addition, any permitted assignment or occupied by Tenant's consultantssubleasing will not relieve Tenant from its liability under the terms and conditions of this Lease. Tenant will give Landlord a copy of the sublease, agents and/or contractors in order to facilitate Tenant's business operations in the Leased Premisesboth prior to, and upon execution thereof.

Assignment or Sublease by Tenant. (a) Assignment or Subletting to an Affiliate. Tenant may will not assign this Lease or sublet the Leased Premises sublease all or any part thereof to an Affiliate (as hereinafter defined) of Ten ant without the prior consent of Landlord; provided, however, Tenant shall give Landlord written notice (which shall specify the assignee or sublessee, and with respect to any sublease, the duration thereof, the date same is to occur, and the exact location of the space affected thereby) of such assignment or sublease within ten (10) days following such assignment or sublease, and with respect to any assignment of this Lease, an original written assumption in favor of Landlord of the duties, obligations and liabilities of Tenant hereunder by such Affiliate. Tenant shall remain directly and primarily liable for the performance of all of the obligations of Tenant hereunder (including, without limitation, the obligation to pay Rent), and Landlord shall be permitted to enforce this Lease in accordance with its terms against Tenant or such sublessee or assignee, or both, notwithstanding any such subletting or assignment. Notwithstanding anything else contained herein, Tenant shall have the right to allow a portion of the Leased Premises without Landlord's prior written consent, excluding wholly owned subsidiaries of the Tenant, which will not be unreasonably withheld, it being understood and agreed however it will not be unreasonable for Landlord to withhold its consent if the reputation, financial responsibility, or business of a proposed assignee or subtenant is unsatisfactory to Landlord. Any sum received by Tenant as a result of such subletting or assignment which exceeds the total sums Tenant is obligated to pay Landlord under this Lease will be payable to Landlord as additional rent. The consent by Landlord to sublet or assignment will not constitute consent to any further sublease or assignment. Any subleassee or assignee must agree to be used bound by all of the terms and provisions of this Lease. In addition, any permitted assignment or occupied by Tenant's consultantssubleasing will not relieve Tenant from its liability under the terms and conditions of this Lease. Tenant will give Landlord a copy of the sublease, agents and/or contractors in order to facilitate Tenant's business operations in the Leased Premisesboth prior to, and upon execution thereof.

Assignment or Sublease by Tenant. (a) Assignment or Subletting to an Affiliate. Tenant may will not assign this Lease or sublet the Leased Premises sublease all or any part thereof to an Affiliate (as hereinafter defined) of Ten ant without the prior consent of Landlord; provided, however, Tenant shall give Landlord written notice (which shall specify the assignee or sublessee, and with respect to any sublease, the duration thereof, the date same is to occur, and the exact location of the space affected thereby) of such assignment or sublease within ten (10) days following such assignment or sublease, and with respect to any assignment of this Lease, an original written assumption in favor of Landlord of the duties, obligations and liabilities of Tenant hereunder by such Affiliate. Tenant shall remain directly and primarily liable for the performance of all of the obligations of Tenant hereunder (including, without limitation, the obligation to pay Rent), and Landlord shall be permitted to enforce this Lease in accordance with its terms against Tenant or such sublessee or assignee, or both, notwithstanding any such subletting or assignment. Notwithstanding anything else contained herein, Tenant shall have the right to allow a portion of the Leased Premises without Landlord’s prior written consent, excluding affiliates of the Tenant, which will not be unreasonably withheld, it being understood and agreed however it will not be unreasonable for Landlord to withhold its consent if the reputation, financial responsibility, or business of a proposed assignee or subtenant is unsatisfactory to Landlord. One half of any sum received by Tenant as a result of such subletting or assignment which exceeds the total sums Tenant is obligated to pay Landlord under this Lease will be payable to Landlord as additional rent. The consent by Landlord to sublet or assignment will not constitute consent to any further sublease or assignment. Any sublessee or assignee must agree to be used bound by all of the terms and provisions of this Lease. In addition, any permitted assignment or occupied by Tenant's consultantssubleasing will not relieve Tenant from its liability under the terms and conditions of this Lease. Tenant will give Landlord a copy of the sublease, agents and/or contractors in order to facilitate Tenant's business operations in the Leased Premisesboth prior to, and upon execution thereof.