Common use of Assignment Without Consent Clause in Contracts

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.