ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. Section 12.1. (A) Except as expressly permitted herein, Tenant, without the prior consent of Landlord in each instance, shall not (a) assign its rights or delegate its duties under this Lease (whether by operation of law, transfers of interests in Tenant or otherwise), mortgage or encumber its interest in this Lease, in whole or in part, (b) sublet, or permit the subletting of, the Premises or any part thereof, or (c) permit the Premises or any part thereof to be occupied or used for desk space, mailing privileges or otherwise, by any Person other than Tenant.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. SECTION 13.1.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. (a) Xxcept as otherwise provided in this Paragraph 6, Tenant shall not (i) assign this Agreement (whether by operation of law, transfers of interests in Tenant or otherwise); or (ii) mortgage or encumber Tenant's interest in this Agreement, in whole or in part; or (iii) sublet, or permit the subletting of, the Premises or any part thereof; or (iv) permit the Premises or any part thereof to be occupied or used for desk space, mailing privileges or otherwise by any person other than Tenant. Tenant shall not advertise or authorize a broker to advertise for a subtenant or assignee, without in each instance, obtaining the prior written consent of Landlord, which shall not be unreasonably withheld or delayed.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. Section 14.1 Except as otherwise provided in this Article 14, Tenant shall not (a) assign this Lease (whether by operation of law, transfers of interests in Tenant or otherwise); or (b) mortgage or encumber Tenant's interest in this Lease, in whole or in part; or (c) sublet, or permit the subletting of, the Premises or any part thereof. Tenant shall not advertise or authorize a broker to advertise for a subtenant or assignee, without in each instance, obtaining the prior written consent of Landlord, which shall not be unreasonably withheld or delayed.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. Section 12.1 (A) Except as otherwise expressly set forth in this Article 12, Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns expressly covenants that it shall not, without the prior written consent of Landlord in each instance, enter into any license or concession agreement, sublet or otherwise suffer or permit the Premises or any part thereof to be used by others, mortgage, hypothecate, transfer, assign or otherwise encumber this Lease or Tenant's interest herein and in and to the Premises, or any part thereof, except as is otherwise expressly set forth below in this Article 12.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. A. (1) Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns expressly covenants that it shall not, without the prior written consent of Owner in each instance, transfer, assign, sublet, enter into any license or concession agreement, suffer or permit the Premises or any part thereof to be used by others, mortgage, hypothecate or otherwise encumber this Lease or Tenant’s interest herein and in and to the Premises, or any part thereof, without the prior written consent of Owner in each instance provided, however, that Tenant may sublet the Premises or a portion thereof to, or allow a portion of the Premises to be used, without formal sublet, by, Pxxxx Xxxxx LLC (the “Preapproved Subtenant”) upon prior notice to, but without the prior written consent of, Owner. Anything to the contrary contained in the immediately preceding sentence notwithstanding, any Alterations done in connection with a sublease to the Preapproved Subtenant shall be performed in accordance with the provisions of Article 4 hereof. Notwithstanding any provisions to the contrary contained in this Article 11 or elsewhere in this Lease, Tenant may, upon prior notice to, but without the prior written consent of, Owner, assign this Lease to a wholly-owned subsidiary of Tenant, provided that Tenant fully guarantees the obligations of such wholly-owned subsidiary assignee in writing to Owner pursuant to a guaranty in form and substance acceptable to Owner.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. (a) Other than as expressly set forth in this Lease, Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns, expressly covenants that it shall not (i) assign, mortgage or encumber this Agreement or Tenant’s interest in the Demised Premises or any part thereof, nor (ii) 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. However, Landlord’s consent shall not be required and the provisions of Sections (e), (f) and (g) of this Article 11 shall not apply to an assignment or sublease to an entity which (a) owns a majority of the shares and/or other ownership interests of Tenant, (b) the majority of which is owned by Tenant, (c) is owned by the same persons or entities who own Tenant or (d) an assignment of this Lease to any entity into or with which Tenant is merged or consolidated or to an entity that purchases substantially all of Tenant’s assets or ownership interest so long as after such transaction referred to in this subparagraph (d), Tenant’s net worth is not less than the greater of (x) Tenant’s net worth as of the date of this Lease or (y) Tenant’s net worth immediately prior to such transaction. The consent by Landlord to an assignment or underletting shall not in any wise be construed to relieve Tenant from any of its obligations hereunder or from obtaining the express consent in writing of Landlord to any further assignment or underletting.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. Section 15.1. Except as otherwise provided in this Article 15, Tenant shall not (a) assign this Lease (whether by operation of law, transfers of interests in Tenant or otherwise); or (b) mortgage or encumber Tenant’s interest in this Lease, in whole or in part; or (c) sublet, or permit the subletting of, the Premises or any part thereof; or (d) permit the Premises or any part thereof to be occupied or used for desk space, mailing privileges or otherwise by any person other than Tenant, without Landlord’s consent. Tenant shall not advertise or authorize a broker to advertise for a subtenant or assignee, without in each instance, obtaining the prior written consent of Landlord to Tenant’s form of advertisement, which shall not be unreasonably withheld or delayed.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. SECTION 14.1. (A) The Tenant shall not (a) assign this Lease (whether by operation of law, transfers of interests in Tenant or otherwise); or (b) mortgage or encumber Tenant's interest in this Lease, in whole or in part; or (c) sublet, or permit the subletting of, the Premises or any part thereof. Notwithstanding the provisions of this Section 14.1, the use of the Premises by any Person affiliated (as such term is hereinafter defined) with the Tenant or under the common control (as such term is hereinafter defined) of Comfort Systems USA, Inc., as the case may be, shall not be deemed an assignment of this Lease or a sublet of the Premises; provided, however, that such use of the Premises as aforesaid shall not violate or be prohibited by any of the provisions of any Mortgage then encumbering the Premises, if any. For purposes of this Article 14, a Person shall be deemed to be an "AFFILIATE" of the Tenant or under the "COMMON CONTROL" of Comfort Systems USA, Inc. if such Person is a member of a "parent-subsidiary controlled group" [as such term is defined by Section 1563(a)(1) of the Internal Revenue Code of 1986, as amended] or a member of a "brother-sister controlled group" [as such term is defined by Section 1563(a)(2) of the Internal Revenue Code of 1986, as amended] of which either Comfort Systems USA, Inc. or the Tenant, as the case may be, is a member.
ASSIGNMENT, SUBLETTING, MORTGAGE, ETC. Section 15.1 Tenant shall not, whether voluntarily, involuntarily, or by operation of law or otherwise (a) assign or otherwise transfer this Lease other than to an Affiliate of Tenant, or offer or advertise to do so, (b) sublet the Premises or any part thereof, or offer or advertise to do so, or allow the same to be used, occupied or utilized by anyone other than Tenant, or (c) mortgage, pledge, encumber or otherwise hypothecate this Lease or the Premises or any part thereof in any manner whatsoever, without in each instance obtaining the prior consent of Landlord.
