ASSIGNMENT, SUBLETTING, ETC. Tenant shall not assign, sublet, underlet, mortgage, pledge, or encumber this Lease or the Premises in whole or in part (collectively referred to as “Transfer”) without first obtaining on each occasion the consent in writing of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed by the Landlord. In considering whether or not to consent or withhold consent, it shall be reasonable for Landlord to consider, without limitation, such factors as: the nature of the business, the financial condition, reputation, history and management of any proposed assignee or sublessee, the rent proposed to be paid by sublessee and the availability for leasing of other space in the building. Tenant shall reimburse Landlord promptly for reasonable expenses, including legal expenses, incurred by Landlord in connection with any request for Landlord’s consent up to a maximum of $3,500. No such Transfer shall in any way impair the continuing primary liability of Tenant hereunder or the liability of any guarantor hereof, and no consent to any Transfer on a particular instance shall be deemed to be a waiver of the obligations to obtain Landlord’s approval in the case of any other assignment or subletting. Prior to the commencement of an extension period, in the event of a sublease or assignment of this Lease (except as described in the following sentence), any option to extend the lease granted pursuant to Section 2.2 hereof shall not be transferred to the assignee or sublessee, and this Lease shall be terminated at the time of the original Termination Date as described in Section 1.1 hereof. As used herein, the term “assign” or “assignment” shall be deemed to include, without limitation (a) any transfer of the Tenant’s interest in the Lease by operation of law, or the merger or consolidation of the Tenant with or into any other firm or corporation, if as a result of such merger or consolidation the voting securities of the Tenant outstanding immediately prior thereto represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) less than fifty percent (50%) of the combined voting power of the Company and such surviving entity immediately after such merger or consolidation; or (b) the transfer or sale of a controlling interest in the Tenant whether by sale of its capital stock or otherwise.
ASSIGNMENT, SUBLETTING, ETC. LANDLORD'S written consent shall be required for any assignment, transfer or subletting except to another financial institution which consent shall not be unreasonably withheld.
ASSIGNMENT, SUBLETTING, ETC. (a) Tenant, for itself: its heirs, executors, administrators, successors and assigns, expressly covenants that it shall not assign, mortgage or encumber this Lease, nor underlet, or suffer or permit the demised Premises or any part thereof to be used by others, without the prior written consent of Landlord in each instance which consent will not be unreasonable withheld provided any assignee or subtenant financial and credit condition is acceptable to Landlord. If this Lease be assigned, or if the demised Premises or any part thereof be underlet or occupied by anyone other than Tenant, Landlord may, after default be Tenant, collect rent from the assignee, undertenant or occupant and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as Tenant, or a release of Tenant from the further performance by Tenant, or a release of Tenant from the further performance by Tenant of all covenants on the part of Ten ant herein contained. The consent by Landlord to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Landlord to any further assignment or underletting, nor shall the same release or discharge Tenant from any liability, past, present or future, under this Lease, and Tenant shall continue fully liable in all respects hereunder.
ASSIGNMENT, SUBLETTING, ETC. 14.1 Tenant shall not sublet the Demised Premises, or any portion thereof, nor assign, mortgage, pledge, transfer or otherwise encumber or dispose of this Lease Agreement, or any interest therein, or in any manner assign, mortgage, pledge, transfer or otherwise encumber or dispose of its interest or estate in the Demised Premises, or any portion thereof, without obtaining Landlord's prior written express consent in each and every instance, which consent, however, to an assignment of this Lease Agreement or subletting of the Demised Premises shall not be unreasonably withheld, provided the following conditions are complied with:
ASSIGNMENT, SUBLETTING, ETC. Consent shall not be required for any assignment, transfer or subletting. Upon assignment in accordance with the foregoing, the TENANT shall remain liable for the full and faithful performance of the lease and all its terms and conditions.
ASSIGNMENT, SUBLETTING, ETC. 14.01 Tenant/Client may not assign, transfer, mortgage or encumber this Agreement, or sublet the Premises or any part thereof, or suffer or permit the Premises or any part thereof to be used or occupied by any other person or entity.
ASSIGNMENT, SUBLETTING, ETC. (a) Tenant may sublet the Demised Premises or assign this Lease to its parent corporation or any affiliate or subsidiary of Tenant without Landlord’s consent so long as Tenant continues to be primarily liable and responsible for the performance of all obligations under this Lease.
ASSIGNMENT, SUBLETTING, ETC. Lessee shall not, without Lessor's prior written consent, which shall not be unreasonably withheld, assign, sublease, transfer, mortgage or encumber this lease, or the leasehold estate created hereby, in whole or in part. If Lessor should grant such consent then the assignee, sublessee, transferee, mortgagee, or beneficiary of such encumbrance shall enter into a direct covenant with Lessor to keep and perform the terms and conditions of this lease and copies of any such assignment, sublease, transfer instrument, mortgage, or encumbering instrument shall be delivered to Lessor and no such assignment, sublease, transfer, mortgage or encumbrance shall relieve Lessee of its obligations hereunder. In the event Lessor should consent to any specific assignment, subletting, transfer, mortgage or encumbrance such assignee, sublessee, transferee, mortgagee or beneficiary of such encumbrance may not further assign, sublease, transfer, mortgage or encumber this lease without the specific prior written consent of Lessor.
ASSIGNMENT, SUBLETTING, ETC. Tenant shall not assign or otherwise encumber this Lease without Landlord's prior written consent. Tenant may freely sublet the Demised Premises or any portion thereof as Tenant, in its sole and absolute discretion, shall deem appropriate.
ASSIGNMENT, SUBLETTING, ETC. The Tenant, for itself, its heirs, executors, administrators, successors and assigns expressly covenants that it shall not assign, mortgage or encumber this Lease. Notwithstanding the immediately preceding sentence, Tenant may assign this Lease with the prior written consent of the Landlord, which consent shall not be unreasonably withheld, conditioned, or delayed, and Tenant may at any time during the Term of the Lease, in its sole and absolute discretion, sublease the Premises, or any part thereof, without obtaining the consent of the Landlord.
