Consent by the Lessor Sample Clauses

Consent by the Lessor. I, the Lessor, hereby consent to this Sublease Agreement and agree to promptly notify Sub Lessor within 3 business days in writing if Sub Lessee is in breach of this Sublease Agreement. Nothing herein shall constitute a release of Sub Lessor, who shall remain bound by the terms of the Master Lease Agreement. Nothing herein shall constitute consent to any further Sublease Agreement or assignment of the Master Lease Agreement or this Sublease. In accordance with the law, prior to Lessor’s consent, Sub Lessor has informed Lessor of Sub Lessor’s intent to sublease the Master Lease Agreement by mailing a notice of such intent in the manner provided by law, accompanied by the following information: ☐ -­‐ The terms of the Sublease Agreement ☐ -­‐ The name(s) of the Sub Lessee(s) ☐ -­‐ The business and permanent address of Sub Lessee(s) ☐ -­‐ Lessee’s reasons for Subleasing ☐ -­‐ Lessee’s address for the term of the Sublease ☐ -­‐ The written consent of any co-Lessee and Sub Lessee as being a true copy of the Sublease, to which a copy of the Parent Lease was attached. ☐ -­‐ The following additional information
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Consent by the Lessor. I, the Lessor, hereby consent to this Sublease Agreement and agree to promptly notify Sub Lessor within 3 business days in writing if Sub Lessee is in breach of this Sublease Agreement. Nothing herein shall constitute a release of Sub Lessor, who shall remain bound by the terms of the Master Lease Agreement. Nothing herein shall constitute consent to any further Sublease Agreement or assignment of the Master Lease Agreement or this Sublease.
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Consent by the Lessor. The Lessor is executing this Agreement for the purpose of (i) evidencing its consent hereto, (ii) agreeing to be bound by the provisions of Sections 6 and 10 hereof, and (iii) acknowledging that nothing contained herein or resulting from the parties’ performance hereof creates any offsets, defenses, or claims under the Mortgage, the loan documents related thereto, or the Lease. The Collateral Agent and the Lessee acknowledge that nothing contained herein is intended to modify the Mortgage or the loan documents related thereto.
Sample 1

Related to Consent by the Lessor

  • Assignment by the Company The rights, interests or obligations of the Company hereunder may not be assigned, by operation of law or otherwise, in whole or in part, by the Company without the prior written consent of the Investor.

  • Assignment by the Seller The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

  • Assignment by Lessee Lessee may transfer or assign its rights and obligations under this Agreement without the consent of Operator but shall deliver to Operator written notice of such transfer or assignment not less than ten (10) days prior to the effective date thereof; provided, however, in the event of the assignment of this Agreement to a party that is not an Affiliate, Operator shall have the right to terminate this Agreement within 15 days after receipt of written notice of such assignment, which termination will be effective within 30 days of Lessee’s receipt of such termination notice. Any transfer or assignment of this Agreement by Lessee shall include an express assumption by the transferee or assignee of Lessee’s obligations hereunder. Nothing herein shall be deemed to require Lessee to assign or attempt to assign this Agreement to any third party, including any buyer of a Hotel.

  • Assignment by Lessor The terms and conditions of each Schedule have been fixed by Lessor in order to permit Lessor to sell and/or assign or transfer its interest or grant a security interest in each Schedule and/or the Equipment to a Secured Party or Assignee. In that event, the term Lessor will mean the Assignee and any Secured Party. However, any assignment, sale, or other transfer by Lessor will not relieve Lessor of its obligations to Lessee and will not materially change Lessee's duties or materially increase the burdens or risks imposed on Lessee. The Lessee consents to and will acknowledge such assignments in a written notice given to Lessee. Lessee also agrees that: (a) The Secured Party will be entitled to exercise all of Lessor's rights, but will not be obligated to perform any of the obligations of Lessor. The Secured Party will not disturb Lessee's quiet and peaceful possession and unrestricted use of the Equipment so long as Lessee is not in default and the Secured Party continues to receive all Rent payable under the Schedule; and (b) Lessee will pay all Rent and all other amounts payable to the Secured Party, despite any defense or claim which it has against Lessor. Lessee reserves its right to have recourse directly against Lessor for any defense or claim; (c) Subject to and without impairment of Lessee's leasehold rights in the Equipment, Lessee holds the Equipment for the Secured Party to the extent of the Secured Party's rights in that Equipment.

  • Payment by Tenant Tenant shall pay to Landlord, within fifteen (15) days after delivery by Landlord to Tenant of statements therefor: (i) sums equal to expenditures reasonably made and obligations incurred by Landlord in connection with Landlord’s performance or cure of any of Tenant’s obligations pursuant to the provisions of Section 19.2.3 above; and (ii) sums equal to all expenditures made and obligations incurred by Landlord in collecting or attempting to collect the Rent or in enforcing or attempting to enforce any rights of Landlord under this Lease or pursuant to law, including, without limitation, all legal fees and other amounts so expended. Tenant’s obligations under this Section 19.3 shall survive the expiration or sooner termination of the Lease Term.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

  • Assignment by Landlord Landlord shall have the right to transfer and assign, in whole or in part, all its rights and obligations hereunder, in the Premises, and in such event and upon such transfer no further liability or obligation shall thereafter accrue against Landlord hereunder.

  • Assignment by Owner 51 Section 12.11

  • Assignment by the Seller or the Servicer Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.04 and 7.03 of this Agreement and as provided in the provisions of this Agreement concerning the resignation or termination of the Servicer, this Agreement may not be assigned by the Seller or the Servicer.

  • Assignment by the Depositor or the Servicer Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.04 and 7.03 herein and as provided in the provisions of this Agreement concerning the resignation of the Servicer, this Agreement may not be assigned by the Depositor or the Servicer.

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