Common use of ASSIGNMENTS OR SUBLETTING Clause in Contracts

ASSIGNMENTS OR SUBLETTING. Neither this Lease Agreement nor any interest herein shall be assigned, either voluntarily or involuntarily, by Tenant, or by operation of law or otherwise, nor shall the Property, or any part thereof, be sublet by Tenant without the prior written consent of City. Tenant shall remit to City 30% of all rents generated by any sublease, and such sublease shall be subject to such other conditions as may be imposed by City. Any such assignment or sublease without such prior written consent of City shall be void. City shall have the right to assign or transfer this Lease Agreement or any rights in or to it.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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ASSIGNMENTS OR SUBLETTING. Neither this Lease and License Agreement nor any interest herein shall be assigned, either voluntarily or involuntarily, by Tenant, or by operation of law or otherwise, nor shall the PropertyPremises, Mining Area, Access Area or Haul Road or any part thereof, be sublet by Tenant without the prior written consent of City. Tenant shall remit to City 30% of all rents generated by any assignment and sublease, and such assignment and sublease shall be subject to such other conditions as may be imposed by City. Any such assignment or sublease sublease, without such prior written consent of City City, shall be void. City shall have the right to assign or transfer this Lease and License Agreement or any rights in or to it.

Appears in 1 contract

Samples: Lease Agreement and Mining License

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ASSIGNMENTS OR SUBLETTING. Neither this Lease Agreement nor any interest herein shall be assigned, either voluntarily or involuntarily, by Tenant, or by operation of law or otherwise, nor shall the PropertyPremises, or any part thereof, be sublet by Tenant without the prior written consent of City. Tenant shall remit to City 30% of all rents generated by any assignment and sublease, and such assignment and sublease shall be subject to such other conditions as may be imposed by City. Any such assignment or sublease sublease, without such prior written consent of City City, shall be void. City shall have the right to assign or transfer this Lease Agreement or any rights in or to it.

Appears in 1 contract

Samples: Lease Agreement

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