Assignment Without Consent. If this Lease is assigned or if the Equipment is subleased without the permission of Lessor, then Lessor may nevertheless collect rent from the assignee or sublessee and apply the net amount collected to the Rent payable hereunder, but no such transaction or collection of Rent or application thereof by Lessor shall be deemed a waiver of any provision hereof or a release of Lessee from the performance of the obligations of Lessee hereunder. All subleases and assignments shall be subordinate and subject to the provisions of this Lease and shall automatically terminate upon the expiration or termination of this Lease or the termination of Lessee's right to possession hereunder.
Assignment Without Consent. This Agreement may be terminated by Licensor in its sole discretion, immediately upon written notice if Licensee voluntarily or involuntarily breaches Paragraph 20 of this Agreement.
Assignment Without Consent. If this Lease is assigned or if the Premises are subleased without the permission of Landlord, then Landlord may nevertheless collect rent from the assignee or sublessee and apply the net amount collected to the Rent payable hereunder, but no such transaction or collection of Rent or application thereof by Landlord shall be deemed a waiver of any provision hereof or a release of Tenant from the performance of the obligations of Tenant hereunder. All subleases and assignments shall be subordinate and subject to the provisions of this Lease and shall automatically terminate upon the expiration or termination of this Lease or the termination of Tenant's right to possession hereunder.
Assignment Without Consent. If Area Operator purports to make any assignment or transfer without our prior written consent or otherwise violates this Agreement;
Assignment Without Consent. Nothing in this Agreement shall be construed as an attempt to assign any leasehold or contract rights without the consent of the other party thereto if the attempted assignment thereof without such consent would constitute a breach thereof or adversely affect the rights of the parties thereunder. If any such consent is not obtained prior to the date hereof, Seller agrees to cooperate with Purchaser in effecting appropriate arrangements designed to obtain such consent or assure that Purchaser will receive the benefits of the leaseholder and contract rights.
Assignment Without Consent. Customer and Level 3 each acknowledge that the delivery of Managed Modem Services hereunder, and adherence to the specifications and service levels that Customer has grown to rely upon in connection with its business relationship with Level 3, are fundamental to Customer’s decision to agree to the Port Commitment. In the event of any assignment of this Agreement to a competitor of Customer or its affiliates which is accomplished without Customer’s consent, Customer shall have the right to terminate the Port Commitment.
Assignment Without Consent. Provided that there is no uncured Event of Default, Tenant shall have the right upon prior written notice to Landlord (but without any requirement to obtain Landlord's consent) to assign this Lease in its entirety together with Xxxxxx's leasehold estate in the Premises to a Permitted Assignee; provided that: (i) neither the assignee nor its direct or indirect parent or Affiliate is a Prohibited Person; (ii) the assignee assumes in a written instrument enforceable by Landlord all of the obligations of Tenant hereunder and otherwise in connection herewith arising from and after the date of such assignment; and (iii) unless the Major Assignee Criteria set forth below are met, (a) Tenant shall remain liable for all liabilities and other obligations of Tenant under or in connection with this Lease arising or that have otherwise accrued prior to the date of such assignment, and (b) any guarantor of Tenant's obligations hereunder, if any, shall remain liable per and in accordance with the provisions of its guaranty for all prior accrued liabilities and other obligations of Tenant and shall continue to guaranty the full, timely and faithful performance of the assignee Tenant pursuant to the terms of its guaranty. A "Major Assignee" is a Person (1) with a net worth of at least Five Hundred Million and 00/100 Dollars ($500,000,000.00) that agrees in a written instrument enforceable by Landlord to, without limitation, be expressly liable to Landlord for all liabilities and obligations of Tenant under or in connection with this Lease arising or that have otherwise accrued prior to the date of such assignment, or (2) whose parent has a net worth of at least Five Hundred Million and 00/100 Dollars ($500,000,000.00) and such parent agrees in a written instrument enforceable by Landlord to, without limitation, be expressly liable to Landlord for all liabilities and obligations of Tenant under or in connection with this Lease that have otherwise accrued prior to the date of such assignment (any assignee meeting one or both of the foregoing conditions (1) or (2) shall be deemed to have satisfied the "Major Assignee Criteria"). A "Permitted Assignee" shall mean (x) a Major Assignee, (y) a Tenant Affiliate (provide that any such assignment to such Tenant Affiliate does not result in a change in control of Tenant and provided further that such Tenant Affiliate satisfies the Major Assignee Criteria), and (z) a Person acquiring the direct or indirect ownership of all or substant...
Assignment Without Consent. Without Landlord's consent:
(a) This Lease may be assigned in part or whole (whether by operation of law or otherwise) or all or any part of the Premises may be sublet at any time: (i) to a subsidiary of Tenant, to the entity with which or into which Tenant may merge, whether or not Tenant is the survivor of such merger, to any affiliate of Tenant, to an entity that is controlled by, controls or is under common control with Tenant (or a valid assignee of this Lease) (any of the foregoing, a "Tenant Affiliate"); or (ii) to the purchaser of substantially all of the assets of the operating division of Tenant using the Premises; and
(b) One or more parts of the Premises may be used or occupied by a party or parties in connection with the transaction of business with Tenant, an entity that controls, is controlled by or is under common control with Tenant (or a valid assignee of Tenant), Tenant Affiliate, or any of their employees.
Assignment Without Consent. Any purported assignment in contravention of Section 12.4(a) shall, at the option of the non-assigning Party, (i) be null and void and of no effect or (ii) terminate this Agreement. If the non-assigning Party elects to terminate this Agreement, the termination is effective as of the assignment's occurrence. Any termination is without prejudice to the non-assigning Party's claim for damages.
Assignment Without Consent. Without Landlord's consent, the Property may be subleased and/or the Lease may be assigned in part or whole (whether by operation of law or otherwise) to a subsidiary of Tenant, to an entity with which or into which Tenant may merge or to the purchaser of substantially all of Tenant's assets.
