Common use of ASSIGNMENTS OR SUBLETTING Clause in Contracts

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. Tenant will not be released from his or her obligation until a replacement Tenant has completed all necessary paperwork, met all criteria of Landlord (including, but not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretion, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he or she does not secure a replacement, Tenant will be responsible for payment for the entire Term of this Lease. Landlord is under no obligation to locate a replacement Tenant and the burden rests solely on Tenant to pursue such request. In the event that Tenant shares the Dwelling with roommate(s), including those on a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her lease, Tenant agrees to accept a roommate obtained through the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignment. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. If Tenant will not be released from his wants to assign, sublet or her obligation until a replacement Tenant transfer Tenant's interest in the Dwelling, or any part thereof, and Landlord has completed all necessary paperwork, met all criteria of Landlord (includingconsented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a sublet/reassignment request, which will be kept on file in Landlord's office in the event of an inquiry from a third party. It is understood by Tenant that execution of a sublet/reassignment request does not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretionrelease Tenant from Tenant's obligations under this Lease, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he in the event an assignee, subleasee, or she does transferee is not secure a replacementfound by either Tenant or Landlord, Tenant will shall be responsible for payment of Rent for the entire Term of this Lease. If Landlord is under no obligation consents to locate a replacement the assignment, subletting or transfer of Tenant's interest in Dwelling, Tenant and the burden rests solely on Tenant any Guarantor to pursue such request. In this Lease shall remain liable under this Lease in the event that of a default by the assignee or transferee unless Tenant shares the Dwelling with roommate(s), including those on and assignee or transferee have signed a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her leasereassignment agreement, Tenant agrees to accept has furnished payment of a roommate obtained through $250 reassignment fee, and Tenant's replacement has furnished all applicable application fees, deposits, executed lease and guaranty documents, and has paid the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignmentfirst month's rent. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein. In the event that Tenant has signed a Joint Dwelling Addendum, should Tenant or Tenant's roommates decide to sublet or reassign his/her lease, Tenant agrees to accept subleasee/reassignment provided that the subleasee/reassignment is a reasonable substitution and meets all Landlord's rental criteria.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's ’s interest in the DwellingApartment Unit, or any part thereof, without Landlord's ’s prior written consent, which may be withheld in Landlord's ’s sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling Apartment Unit without the prior written consent of Landlord shall be null and void void, and shall be a default under shall, at the option of Landlord, terminate this Lease. Landlord's ’s consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 11 or as consent by Landlord to any subsequent assignment, subletting or transferring. If Tenant will not be released from his wants to assign, sublet or her obligation until a replacement Tenant transfer Tenant’s interest in the Apartment Unit, or any part thereof, and Landlord has completed all necessary paperwork, met all criteria of Landlord (includingconsented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a re-lease agreement, which will be kept on file in Landlord’s office in the event of an inquiry from a third party. It is understood by Tenant that execution of re-lease agreement does not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretionrelease Tenant from Tenant’s obligations under this Lease, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he in the event an assignee, sublessee, or she does transferee is not secure a replacementfound by either Tenant or Landlord, Tenant will shall be responsible for payment of Rent for the entire Term of this Lease. Landlord is Notwithstanding anything herein to the contrary, even if a third party executes the re-lease agreement, Tenant shall remain liable for all sums due under no obligation to locate this Lease in the event of a replacement Tenant and the burden rests solely on Tenant to pursue default by such requestthird party. In the event that Tenant shares Landlord consents to the Dwelling with roommate(s)assignment, including those on a Joint Addendum, should Tenant subletting or transfer of Tenant’s roommates decide to reassign his or her leaseinterest in Apartment Unit, Tenant agrees to accept a roommate obtained through the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignment. Landlord shall have the right to assign remain liable under this Lease in the event of a default by the assignee or transferee. In order to another party if the Neighborhood is sold by Landlord and Landlord shall document an assignment, sublease or transfer, Tenant must execute a re-lease agreement. Tenant will be released from all obligations contained hereinassessed a fee equal to one monthly installment of Rent, as described in Section 2, above.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section Paragraph 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. If Tenant wants to assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, and Landlord has consented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a sublet/reassignment request, which will be kept on file in Landlord's office in the event of an inquiry from a third party. It is understood by Tenant that execution of a sublet/reassignment request does not be released release Tenant from his or her obligation Tenant's obligations under this Lease until a replacement Tenant someone has completed all necessary paperwork, met all criteria of Landlord (including, but not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretion, and replacement Tenant has taken legal possession of all parties including Landlord have signed the Dwelling (hereinafter a “Completed Reassignment”)sublet or reassignment agreement. Tenant further understands that if he in the event an assignee, subleasee, or she does transferee is not secure a replacementfound by either Tenant or Landlord, and approved by Landlord, Tenant will shall be responsible for payment of Rent for the entire Term of this Lease. If Landlord is under no obligation consents to locate a replacement the assignment, subletting or transfer of Tenant's interest in Dwelling, Tenant and the burden rests solely on Tenant any Guarantor to pursue such request. In this Lease shall remain liable under this Lease in the event that of a default by the assignee or transferee unless Tenant shares the Dwelling with roommate(s), including those on and assignee or transferee have signed a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her leasereassignment agreement, Tenant agrees to accept has furnished payment of a roommate obtained through Two Hundred Fifty and 00/100 dollar ($250.00) reassignment fee, and Tenant's replacement has furnished all applicable application fees, deposits, executed lease and guaranty documents, and has paid the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignmentfirst month's rent. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein. In the event that Tenant has signed a Joint Dwelling Addendum, should Tenant or Tenant's roommates decide to sublet or reassign his/her lease, Tenant agrees to accept subleasee/reassignment provided that the subleasee/reassignment is a reasonable substitution and meets all Landlord's rental criteria.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. If Tenant will not be released from his wants to assign, sublet or her obligation until a replacement Tenant transfer Tenant's interest in the Dwelling, or any part thereof, and Landlord has completed all necessary paperwork, met all criteria of Landlord (includingconsented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a sublet/reassignment request, which will be kept on file in Landlord's office in the event of an inquiry from a third party. It is understood by Tenant that execution of a sublet/reassignment request does not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretionrelease Tenant from Tenant's obligations under this Lease, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he in the event an assignee, subleasee, or she does transferee is not secure a replacementfound by either Tenant or Landlord, Tenant will shall be responsible for payment of Rent for the entire Term of this Lease. If Landlord is under no obligation consents to locate a replacement the assignment, subletting or transfer of Tenant's interest in Dwelling, Tenant and the burden rests solely on Tenant any Co- Lessee to pursue such request. In this Lease shall remain liable under this Lease in the event that of a default by the assignee or transferee unless Tenant shares the Dwelling with roommate(s), including those on and assignee or transferee have signed a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her leasereassignment agreement, Tenant agrees to accept has furnished payment of a roommate obtained through $250 reassignment fee, and Tenant's replacement has furnished all applicable application fees, deposits, executed lease and guaranty documents, and has paid the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignmentfirst month's rent. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein. In the event that Tenant has signed a Joint Dwelling Addendum, should Tenant or Tenant's roommates decide to sublet or reassign his/her lease, Tenant agrees to accept a roommate obtained through a sublease/reassignment request provided that the subtenant/assignee is a reasonable substitution and meets all Landlord's rental criteria.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. Tenant will not be released from his or her obligation until a replacement Tenant has completed all necessary paperwork, met all criteria of Landlord (including, but not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretion, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he or she does not secure a replacement, Tenant will be responsible for payment for the entire Term of this Lease. Landlord is under no obligation to locate a replacement Tenant and the burden rests solely on Tenant to pursue such request. In the event that Tenant shares the Dwelling with roommate(s), including those on a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her lease, Tenant agrees to accept a roommate obtained through the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignment. Tenant may not assign this Lease without Landlord’s prior written consent. In each instance, Tenant’s assignment request must be made in the manner required by NY Real Property Law section 226-b. Landlord may refuse to consent to a lease assignment for any reason or no reason, but if Landlord unreasonably refuses to consent to a request for a lease assignment properly made, upon Tenant’s request in writing, Landlord will end this Lease effective as of thirty days after Tenant’s request. Such release shall be the sole remedy of Tenant. If Landlord reasonably withholds consent, there shall be no assignment and Tenant shall not be released from the Lease. Tenant may not sublet without Landlord’s prior written consent. In each instance, Tenant’s sublet request must be made in the manner required by NY Real Property Law section 226-b. If Landlord consents to the sublet request, Tenant remains liable to Landlord for the obligations of the Lease, including all future rent. If Landlord denies the sublet on reasonable grounds, Tenant cannot sublet and Landlord is not required to release Tenant from the Lease. Tenant shall inform Landlord of the intent to sublet by sending a written request by certified mail, return-receipt requested. The request must contain the following information: (a) the length of the sublease; (b) the name, home and business address of the proposed subtenant; (c) the reason for subletting; (d) the Tenant’s address during the sublet; (e) the written consent of any co-tenant or guarantor; (f) a copy of the proposed sublease together with a copy of Tenant’s own Lease, acknowledged by Tenant and the proposed subtenant as being a true copy of such sublease. Within ten days after the mailing of the sublet request, Landlord may ask Tenant for additional information to make a decision. Within thirty days after the mailing of the sublet request, or Landlord’s request for additional information, whichever is later, Landlord must send Tenant a notice of consent, or if consent is denied, the reasons for denial. Any sublet or assignment that does not strictly comply with the provisions of this section shall constitute a substantial breach of the Lease. If Tenant wants to assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, and Landlord has consented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a sublet/reassignment request, which will be kept on file in Landlord's Neighborhood office in the event of an inquiry from a third party. It is understood by Tenant that execution of a sublet/reassignment request does not release Tenant from Tenant's obligations under this Lease, and Tenant understands that in the event an assignee, subleasee, or transferee is not found by either Tenant or Landlord, Tenant shall be responsible for payment of Rent for the entire Term of this Lease. Landlord has no obligation to look for a replacement. If Landlord consents to the assignment, subletting or transfer of Tenant's interest in Dwelling, Tenant and any Co- Lessee to this Lease shall remain liable under this Lease in the event of a default by the assignee or transferee unless Tenant and assignee or transferee have signed a reassignment agreement, Tenant has furnished payment of a $250 reassignment fee, and Tenant's replacement has furnished all applicable application fees, deposits, executed lease and guaranty documents, and has paid the first month's rent. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling without the prior written consent of Landlord shall be null and void and shall be a default under this Lease. Landlord's consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 or as consent by Landlord to any subsequent assignment, subletting or transferring. Tenant will not be released from his or her obligation until a replacement Tenant has completed all necessary paperwork, met all criteria of Landlord (including, but not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretion, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he or she does not secure a replacement, Tenant will be responsible for payment for the entire Term of this Lease. Landlord is under no obligation to locate a replacement Tenant and the burden rests solely on Tenant to pursue such request. In the event that Tenant shares the Dwelling with roommate(s), including those on a Joint Addendum, should Tenant or Tenant’s roommates decide to reassign his or her lease, Tenant agrees to accept a roommate obtained through the reassignment. Roommates’ approval(s) is/are not necessary to execute the reassignment. Tenant may not assign this Lease without Landlord’s prior written consent. In each instance, Tenant’s assignment request must be made in the manner required by NY Real Property Law section 226-b. Landlord may refuse to consent to a lease assignment for any reason or no reason, but if Landlord unreasonably refuses to consent to a request for a lease assignment properly made, upon Tenant’s request in writing, Landlord will end this Lease effective as of thirty days after Tenant’s request. Such release shall be the sole remedy of Tenant. If Landlord reasonably withholds consent, there shall be no assignment and Tenant shall not be released from the Lease. Tenant may not sublet without Landlord’s prior written consent. In each instance, Tenant’s sublet request must be made in the manner required by NY Real Property Law section 226-b. If Landlord consents to the sublet request, Tenant remains liable to Landlord for the obligations of the Lease, including all future rent. If Landlord denies the sublet on reasonable grounds, Tenant cannot sublet and Landlord is not required to release Tenant from the Lease. Tenant shall inform Landlord of the intent to sublet by sending a written request by certified mail, return-receipt requested. The request must contain the following information: (a) the length of the sublease; (b) the name, home and business address of the proposed subtenant; (c) the reason for subletting; (d) the Tenant’s address during the sublet; (e) the written consent of any co-tenant or guarantor; (f) a copy of the proposed sublease together with a copy of Tenant’s own Lease, acknowledged by Tenant and the proposed subtenant as being a true copy of such sublease. Within ten days after the mailing of the sublet request, Landlord may ask Tenant for additional information to make a decision. Within thirty days after the mailing of the sublet request, or Landlord’s request for additional information, whichever is later, Landlord must send Tenant a notice of consent, or if consent is denied, the reasons for denial. Any sublet or assignment that does not strictly comply with the provisions of this section shall constitute a substantial breach of the Lease. If Tenant wants to assign, sublet or transfer Tenant's interest in the Dwelling, or any part thereof, and Landlord has consented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a sublet/reassignment request, which will be kept on file in Landlord's Neighborhood office in the event of an inquiry from a third party. It is understood by Tenant that execution of a sublet/reassignment request does not release Tenant from Tenant's obligations under this Lease, and Tenant understands that in the event an assignee, subleasee, or transferee is not found by either Tenant or Landlord, Tenant shall be responsible for payment of Rent for the entire Term of this Lease. Landlord has no obligation to look for a replacement. If Landlord consents to the assignment, subletting or transfer of Tenant's interest in Dwelling, Tenant and any Guarantor to this Lease shall remain liable under this Lease in the event of a default by the assignee or transferee unless Tenant and assignee or transferee have signed a reassignment agreement, Tenant has furnished payment of a $250 reassignment fee, and Tenant's replacement has furnished all applicable application fees, deposits, executed lease and guaranty documents, and has paid the first month's rent. Landlord shall have the right to assign this Lease to another party if the Neighborhood is sold by Landlord and Landlord shall be released from all obligations contained herein.

ASSIGNMENTS OR SUBLETTING. Tenant shall not assign, sublet or transfer Tenant's ’s interest in the DwellingApartment Unit, or any part thereof, without Landlord's ’s prior written consent, which may be withheld in Landlord's ’s sole and absolute discretion. Any assignment, subletting or transferring of the Dwelling Apartment Unit without the prior written consent of Landlord shall be null and void and shall be a default under shall, at the option of Landlord, terminate this Lease. Landlord's ’s consent to any assignment, subletting or transferring shall not be deemed a waiver of this Section 16 12 or as a consent by Landlord to any subsequent assignment, subletting or transferring. If Tenant will not be released from his wants to assign, sublet or her obligation until a replacement Tenant transfer Tenant’s interest in the Apartment Unit, or any part thereof, and Landlord has completed all necessary paperwork, met all criteria of Landlord (includingconsented thereto, but Tenant is unable to find a third party to assume all of the obligations of this Lease, Tenant may execute a re-lease agreement, which will be kept on file in Landlord’s office in the event of an inquiry from a third party. It is understood by Tenant that execution of re-lease agreement does not limited to, credit requirements of proposed applicant and/or his or her guarantor, criminal background check, rental history, etc.), paid all applicable fees in full including, but not limited to a $250 non-refundable reassignment fee, has been approved by Landlord in its sole discretionrelease Tenant from Tenant’s obligations under this Lease, and replacement Tenant has taken legal possession of the Dwelling (hereinafter a “Completed Reassignment”). Tenant understands that if he in the event an assignee, sublessee, or she does transferee is not secure a replacementfound by either Tenant or Landlord, Tenant will shall be responsible for payment of Rent for the entire Term of this Lease. Landlord is Notwithstanding anything herein to the contrary, even if a third party executes the re-lease agreement, Tenant shall remain liable for all sums due under no obligation to locate this Lease in the event of a replacement Tenant and the burden rests solely on Tenant to pursue default by such requestthird party. In the event that Tenant shares Landlord consents to the Dwelling with roommate(s)assignment, including those on a Joint Addendum, should Tenant subletting or transfer of Tenant’s roommates decide to reassign his or her leaseinterest in Apartment Unit, Tenant agrees and any Guarantor to accept this Lease shall remain liable under this Lease in the event of a roommate obtained through default by the reassignmentassignee or transferee. Roommates’ approval(s) is/are not necessary In order to document an assignment, sublease or transfer, Tenant must execute the reassignmenta re-lease agreement. Tenant will be assessed a fee equal to one monthly installment of Rent, as described in Section 2, above. Landlord shall have the right to assign this Lease to another party if the Neighborhood is Apartments are sold by Landlord and Landlord shall be released from all obligations contained herein.