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 which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment 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: Earth & Ocean Sports Inc

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Lessee Affiliate. Notwithstanding the provisions of paragraph 12.1 hereof, lessee Lessee may assign or assignor sublet the Premises, or any portion thereof, without Lessor's ’s consent, to any corporation which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment 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: The Lease Agreement (TUTOR PERINI Corp)

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 consent, to any corporation which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment shall not 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: Image Entertainment 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 consent, to any corporation which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations obligation of Lessee under this Lease. Any such assignment 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 [ILLEGIBLE] are materially changed or altered without the consent of Lessee, the consent of whom shall not be necessary.

Appears in 1 contract

Samples: CFP Holdings 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 consent, to any corporation which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment shall not 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: Park Electrochemical Corp

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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 consent, to any corporation which controls, is controlled by or is under common control with Lessee, or to any corporation resulting from form the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment 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: 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 which that controls, is controlled by by, or is under common control with Lessee, or all of which are referred to any corporation resulting from the merger or consolidation with Lessee, or to any person or entity which acquires all the assets of Lessee as a going concern of the business that is being conducted on the Premises, “Lessee Affiliate,” provided that before such assignment or subletting is effective, said assignee assumesor sublessee shall assume, 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: First Lease Amendment Agreement (Transoma Medical 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 consent, to any corporation which controls, is controlled 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 Lessee as a going concern of the business that is being conducted on the Premises, provided that said assignee assumes, in full, the obligations of Lessee under this Lease. Any such assignment shall not 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: Temtex Industries Inc

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