ASSIGNMENT OR SUBLETTING BY LESSEE. LESSEE SHALL NOT ASSIGN, TRANSFER, PLEDGE OR OTHERWISE DISPOSE OF THIS LEASE AGREEMENT, ANY LEASE ORDER OR ANY OF ITS RIGHTS THEREUNDER NOR SUBLEASE OR LEND ANY OF THE EQUIPMENT TO ANY OTHER PERSON WITHOUT THE PRIOR WRITTEN CONSENT OF LESSOR. ANY PURPORTED ASSIGNMENT, TRANSFER, PLEDGE, OR OTHER DISPOSITION OF THIS LEASE AGREEMENT, ANY LEASE ORDER OR ANY OF LESSEE'S RIGHTS THEREUNDER, OR ANY PURPORTED SUBLEASE OR LENDING OF THE EQUIPMENT, WITHOUT LESSOR'S PRIOR WRITTEN CONSENT, AT LESSOR'S OPTION, SHALL BE VOID AND OF NO EFFECT. FOR THE PURPOSES OF THIS PARAGRAPH 11, ANY PURPORTED SALE OR OTHER TRANSFER OF A CONTROLLING OWNERSHIP INTEREST OF LESSEE (WHETHER IN ONE TRANSACTION OR SERIES OF RELATED TRANSACTIONS) SHALL BE DEEMED AN ASSIGNMENT OF THE LESSEE'S RIGHTS HEREUNDER REQUIRING THE PRIOR WRITTEN CONSENT OF THE LESSOR. As to any permitted assignment or sublease, the following conditions shall apply:
(a) Lessee shall remain fully liable for all payments due under each Lease Order and remain the primary obligor for all remaining obligations under this Lease Agreement and any Lease Orders hereunder.
(b) Lessee shall give Lessor at least thirty (30) days written notice of the location of the Equipment and the identity of the assignee or sublessee prior to the installation at assignee's or sublessee's premises. Lessee shall be responsible for obtaining any and all financing statements and other documentation reasonably requested by Lessor.
(c) Any sublessee's interest in any permitted sublease hereunder shall be subordinate to the interests of Lessor or any Assignee of Lessor.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee shall not have the right to sublet the Premises or to assign this Lease.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee shall not assign this Lease or sublet the Leased Premises, in whole or in part, at any time during the term of this Lease or any extensions or renewals thereof, without the prior written consent of Lessor. However, any assignment of this Lease or subletting of the Leased Premises shall not in any way relieve Lessee from its obligation to fully comply with all terms and provisions contained herein, and any such assignment or subletting by Lessee shall require the Assignee or Sublessee to perform, jointly and severally with Lessee, each and every obligation of the Lessee hereunder. Neither this Lease nor any assignment, memorandum OF notice thereof shall be recorded by either party.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee shall not assign this Lease or any property, or assign any interest in the Lease or the Leased Property, or sublet any of the Leased Property without the express prior written consent of Lessor.
ASSIGNMENT OR SUBLETTING BY LESSEE. At the end of the first sentence add "not to be unreasonably witheld."
ASSIGNMENT OR SUBLETTING BY LESSEE. After the second sentence add the following sentence: "Notwithstanding the foregoing, no consent of the Lessor shall be required for a purported sale or other transfer of a controlling ownership interest in the Lessee where the acquiring entity has a Standard & Poor's rating of BB+ or an equivalent Moodx'x xxxing."
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee may assign all of the rights and benefits of this Lease, but Lessor shall not be obligated to any assignee of Lessee unless Lessor has given its prior written consent to such assignment. Lessor's consent to an assignment will not be withheld unreasonably.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee will not mortgage, assign, transfer or otherwise encumber this Lease, or allow same to be assigned by operation of law or otherwise, or sublet site Premises or any part thereof, without site prior written consent of Lessor.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee shall not assign, sublet, transfer, pledge, or mortgage any of its rights under this lease or any of the property subject of this lease, without the prior written consent of Lessor. Lessee shall not lend or allow the property leased to be used by any person other than Lessee's employees, without the prior written consent of Lessor. Lessor may assign this lease or any of its rights under this agreement to anyone other than a direct competitor of Lessee without prior notice to Lessee and without obtaining Lessee's consent. In the event Lessor intends to assign this lease to a competitor of Lessee, written consent to the assignment must be obtained by Lessee. This consent may not be unreasonably withheld. Any such assignee shall have all the rights and obligations of Lessor under this lease. However, Lessor shall not be relieved from performing any of its obligations and responsibilities under this lease in the event its assignee is unable to do so.
ASSIGNMENT OR SUBLETTING BY LESSEE. Lessee shall not assign, sublease, transfer or encumber this Lease or any interest therein or grant any license, concession or other right of occupancy of the Premises or any portion thereof or otherwise permit the use of the Premises or any portion thereof by any party other than Lessee (any of which events is hereinafter called a "Transfer") without the prior written consent of Lessor, which consent shall not be unreasonably withheld or delayed. Consent by Lessor to one or more Transfers shall not operate as a waiver of Lessor's rights as to any subsequent Transfers.
