Common use of ASSIGNMENTS, TRANSFERS, SUBLEASES AND ENCUMBRANCES Clause in Contracts

ASSIGNMENTS, TRANSFERS, SUBLEASES AND ENCUMBRANCES. ‌ Xxxxxx understands and agrees that this Lease is granted at preferable terms as Xxxxxx’s use for temporary emergency shelter/feeding program purposes is specifically provided for by law. Accordingly, Tenant shall not assign, transfer or sublease all or any part of its interest in this Lease or in the Premises. Transfer or sublease of the Premises or any portion thereof to any other entity shall be a material breach of the Lease and may result in termination. Operation of the temporary emergency shelter/feeding program on the Premises by a third party is allowed through an operational agreement between the local entity and the third party.

Appears in 3 contracts

Samples: Way Use Agreement, Lease Agreement, Way Use Agreement

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ASSIGNMENTS, TRANSFERS, SUBLEASES AND ENCUMBRANCES. Xxxxxx Tenant understands and agrees that this Lease is granted at preferable terms as XxxxxxTenant’s use for temporary emergency shelter/feeding program purposes is specifically provided for by law. Accordingly, Tenant shall not assign, transfer or sublease all or any part of its interest in this Lease or in the Premises. Transfer or sublease of the Premises or any portion thereof to any other entity shall be a material breach of the Lease and may result in termination. Operation of the temporary emergency shelter/feeding program on the Premises by a third party is allowed through an operational agreement between the local entity and the third party.

Appears in 1 contract

Samples: Lease Agreement

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