Common use of Consent Required Clause in Contracts

Consent Required. Tenant shall not, without Landlord’s prior written consent, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet the entire Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 5 contracts

Samples: Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.)

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Consent Required. Tenant Lessee shall not, without Landlord’s Lessor's prior written consent, or mortgagee's consent (a) assignAssign, convey convey, or mortgage this Lease Agreement or any interest under it; ; (b) allow Allow any transfer thereof or any lien upon Tenant’s Lessee's interest by operation of law; or ; (c) sublet Sublet the Demised Premises or any part thereof; or (d) Permit the use or occupancy of the Demised Premises or any part thereof by anyone other than Lessee. Lessor agrees that he will not unreasonably withhold his consent to any assignment or sublease, provided that if Lessee requests Lessor's consent to a sublease of the entire Leased Demised Premises, Lessor may, in lieu of granting such consent or reasonably withholding the same, terminate this Lease Agreement, effective on the commencement date specified in the sublease to which Lessor's consent was requested. No permitted assignment or subletting shall relieve Tenant Lessee of Tenant’s Lessee's covenants and agreements hereunder and Tenant Lessee shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or of subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 2 contracts

Samples: Lease Agreement (Blue Fish Clothing Inc), Lease Agreement (Blue Fish Clothing Inc)

Consent Required. Tenant shall not, not assign its interest under this Lease or sublet all or any part of the Premises without Landlord’s 's prior written consent, (a) assignwhich shall not be unreasonably withheld OR DELAYED. Tenant shall not at any time pledge, convey hypothecate, mortgage or mortgage otherwise encumber its interest under this Lease as security for the payment of a debt or any the performance of a contract. Tenant shall not permit its interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest this Lease to be transferred by operation of law; or (c) sublet the entire Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such Any purported assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises made without Landlord’s 's consent, but with notice to LandlordOR FOR WHICH LANDLORD IS NOT FURNISHED WITH A FULLY EXECUTED COPY OF SUCH ASSIGNMENT OR SUBLEASE, IN FORM AND SUBSTANCE REASONABLY SATISFACTORY TO LANDLORD, SHALL BE VOID. LANDLORD AGREES NOT TO WITHHOLD ITS CONSENT TO ASSIGNMENTS OR SUBLEASES IN WHICH THE ASSIGNEE OR SUBLESSEE IS A COMPANY EITHER WHOLLY OWNED BY TENANT, OR IN WHICH TENANT MAINTAINS A CONTROLLING, MAJORITY INTEREST.

Appears in 1 contract

Samples: Industrial Modified Gross Lease (Mobility Electronics Inc)

Consent Required. Tenant shall not, without Landlord’s prior written consent, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet the entire or any portion of the Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 1 contract

Samples: Combination Agreement (Fenix Parts, Inc.)

Consent Required. Tenant shall not, without Landlord’s prior written consent, consent (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet the Leased Premises or any part thereof; or (d) permit the use or occupancy of the Leased Premises or any thereof by anyone other than Tenant. Landlord agrees that it will not unreasonably withhold its consent to any assignment or sublease, provided that if Tenant requests Landlord’s consent to a sublease of the entire Leased Premises, Landlord may, in lieu of granting such consent or reasonably withholding the same, terminate this Lease, effective on the commencement date specified in the sublease to which Landlord’s consent was requested. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 1 contract

Samples: Industrial Space Lease (Power Solutions International, Inc.)

Consent Required. Subject to the provisions of Sections 16.2 and 16.9 below, neither Tenant shall notnor any sublessee or assignee of Tenant shall, directly or indirectly, voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer or hypothecate all or any part of the Premises or Tenant’s leasehold estate hereunder (each such act is herein referred to as an “Assignment”), or sublet the Premises or any portion thereof or permit the Premises to be occupied by anyone other than Tenant (each such act is herein referred to as a “Sublease”), without Landlord’s prior written consentconsent in each instance, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet the entire Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its which consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstandingAny Assignment or Sublease that is not in compliance with this Article 16 shall be void. The acceptance of Rent or Additional Charges by Landlord from a proposed assignee, Tenant shall have the right to assign sublessee or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part occupant of the Leased Premises without Landlord’s consent, but with notice shall not constitute consent to such Assignment or Sublease by Landlord.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Thoratec Corp)

Consent Required. Tenant shall not, without Landlord’s prior written consent, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet all or any portion of the entire Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Any consent to an assignment or sublet shall not be considered consent to any further assignment or sublet. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with at least thirty (30) days prior written notice to Landlord.

Appears in 1 contract

Samples: Combination Agreement (Fenix Parts, Inc.)

Consent Required. Tenant shall not, without Landlord’s 's prior written consent, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s 's interest by operation of law; or (c) sublet the Leased Premises or any part thereof; or (d) permit the use or occupancy of the Leased Premises or any part thereof by anyone other than Tenant. Landlord agrees that it will not unreasonably withhold its consent to any assignment or sublease, provided that if Tenant requests Landlord's consent to a sublease or to an assignment of all or a substantial portion of the entire Leased Premises, Landlord may, in lieu of granting such consent or reasonably withholding the same, terminate this Lease, effective on the commencement date specified in the sublease or on the effective date of said assignment, as the case may be, to which Landlord's consent was requested. No permitted assignment or subletting shall relieve Tenant of Tenant’s 's covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 1 contract

Samples: Industrial Space Lease (Tekgraf Inc)

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Consent Required. Neither Tenant shall notnor its legal representatives or successors in interest shall, by operation of law or otherwise, assign, mortgage, pledge, encumber or otherwise transfer this Lease or any part hereof, or the interest of Tenant under this Lease, or in any sublease or the rent thereunder without Landlord’s prior written consent, (a) assign, convey which consent may not be unreasonably withheld or mortgage this Lease delayed. The Premises or any interest under it; (b) allow part thereof shall not be sublet, occupied or used for any transfer thereof or any lien upon purpose by anyone other than Tenant, without Tenant’s interest by operation obtaining in each instance the prior written consent of law; or (c) sublet the entire Leased Premises. No permitted assignment or subletting shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or suretyLandlord, which consent, subject to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease provisions of Section 8.3 below, shall not be unreasonably withheldwithheld or delayed. Anything contained herein Tenant shall not modify, extend, or amend a sublease previously consented to by Landlord without obtaining Landlord’s prior written consent thereto, which consent, subject to the contrary notwithstandingprovisions of Section 8.3 below, Tenant shall have not be unreasonably withheld or delayed. Notwithstanding the right foregoing, Landlord’s consent shall not be required for indirect ownership transfers or for Tenant’s subletting or assignment of the Lease to assign a parent, subsidiary or sublet the premises to an affiliate of the Tenant, provided that such affiliate subtenant or assignee has the same or greater net worth as the Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part time of the Leased Premises without Landlord’s consent, but with notice to Landlordtransfer (a “Permitted Transfer”).

Appears in 1 contract

Samples: Lease Agreement (Calamos Asset Management, Inc. /DE/)

Consent Required. Tenant Lessee shall not, without Landlord’s Lessor’s, and any applicable mortgagee’s, prior written consent, (a) assigndo any of the following: 1. Assign, convey convey, or mortgage this Lease or any interest under it; (b) allow ; 2. Allow any transfer thereof or any lien upon TenantLessee’s interest by operation of law; 3. Sublet the leased Premises or any part thereof; or 4. Permit the use or (c) sublet occupancy of the leased Premises or any part thereof by anyone other than Lessee. Lessor agrees that it will not unreasonably withhold its consent to any assignment or sublease, provided that if Lessee requests Lessor’s consent to a sublease of the entire Leased leased Premises, Lessor may, in lieu of granting such consent or reasonably withholding the same, terminate this Lease, effective on the commencement date specified in the sublease to which Lessor’s consent was requested. No permitted assignment or subletting shall relieve Tenant Lessee of TenantLessee’s covenants and agreements hereunder and Tenant Lessee shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or of subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 1 contract

Samples: Asset Purchase Agreement (Workhorse Group Inc.)

Consent Required. Tenant shall not, without Landlord’s 's prior written consent, (a) assign, convey or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s 's interest by operation of lawany business; or (c) sublet the entire Leased Premises or any part thereof, or (d) use by anyone other than Tenant. Landlord attests that it will not unreasonably withhold its consent to any or sublease, provided that if Tenant requests Landlord's consent to an assignment of the Lease or to a sublease of all or a substantial portion of Leased Premises, Landlord may, in lieu of granting such consent or reasonably withholding the same, terminate this Lease, effective on the effective date of such assignment or on the commencement date specified in the sublease, as the case may be, to which Landlord's consent is requested. No such termination shall be effective unless consented to in writing, by any first mortgagee. No permitted assignment or subletting shall relieve Tenant of Tenant’s 's covenants and agreements hereunder and Tenant shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its consent to any such assignment or sublease shall not be unreasonably withheld. Anything contained herein to the contrary notwithstanding, Tenant shall have the right to assign or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to Landlord.

Appears in 1 contract

Samples: Lease Amendment (Mfri Inc)

Consent Required. Except as otherwise expressly provided herein, Tenant shall not, directly or indirectly, voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer or hypothecate all or any part of its interest in or rights with respect to the Premises or its leasehold estate (collectively, “Assignment”), or permit all or any portion of the Premises to be occupied by anyone other than itself or sublet all or any portion of the Premises (collectively, “Sublease”) without Landlord’s prior written consent, (a) assign, convey which such consent shall not be unreasonably withheld or mortgage this Lease or any interest under it; (b) allow any transfer thereof or any lien upon Tenant’s interest by operation of law; or (c) sublet the entire Leased Premisesdelayed. No permitted assignment Assignment or subletting Sublease shall relieve Tenant of Tenant’s covenants and agreements hereunder and Tenant primary liability under this Lease. A consent to one Assignment or Sublease shall continue to be liable as a principal and not as a guarantor or surety, to the same extent as though no assignment or subletting had been made. Landlord agrees that its constitute consent to any such assignment further Assignment or sublease Sublease. Acceptance by Landlord of rent from any assignee or subtenant shall not be unreasonably withheld. Anything contained herein constitute consent to the contrary notwithstanding, Tenant shall have the right to assign such Assignment or sublet the premises to an affiliate of Tenant or to a company purchasing substantially all of Tenants assets at the Leased Premises or to sublet a part of the Leased Premises without Landlord’s consent, but with notice to LandlordSublease.

Appears in 1 contract

Samples: Lease Agreement (Praecis Pharmaceuticals Inc)

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