Common use of Lessee Affiliate Clause in Contracts

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s consent, to any corporation that controls, is controlled by, or is under common control with Lessee, all of which are referred to as a “Lessee Affiliate,” provided that before such assignment or subletting is effective, said assignee or sublessee shall assume, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Industrial Lease (Transoma Medical Inc)

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Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect or limit the liability liabilty of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Park Electrochemical Corp)

Lessee Affiliate. Notwithstanding the provisions provision of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, Premises or any portion thereof, without Lessor’s Lessors consent, to any corporation that controls, which control is controlled by, by or is under common control with Lessee, or to any corporation resulting form merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, not in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Titan Corp)

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any wayany, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Temtex Industries Inc)

Lessee Affiliate. Notwithstanding the provisions of paragraph Paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s consent, 's consent to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect effect or limit the liability of Lessee under the terms of this Lease lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Industrial Lease (Antennas America Inc)

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting form the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Advanced Aerodynamics & Structures Inc/)

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, not in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Earth & Ocean Sports Inc)

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Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any wayanyway, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (Image Entertainment Inc)

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or sublet the Premises, or any portion thereof, without Lessor’s 's consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations obligation of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease [ILLEGIBLE] are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (CFP Holdings Inc)

Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, Lessee may assign or assignor sublet the Premises, or any portion thereof, without Lessor’s consent, to any corporation that which controls, is controlled by, by or is under common control with Lessee, or to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of which are referred to Lessee as a “Lessee Affiliate,” going concern of the business that is being conducted on the Premises, provided that before such assignment or subletting is effective, said assignee or sublessee shall assumeassumes, in full, the obligations of Lessee under this Lease. Any such assignment or subletting shall not, in any way, affect or limit the liability of Lessee under the terms of this Lease even if after such assignment or subletting the terms of this Lease are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: Standard Industrial Lease (TUTOR PERINI Corp)

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