Common use of Limitation on Assignment or Subletting Clause in Contracts

Limitation on Assignment or Subletting. Tenant shall not assign this Lease, or any interest therein, and shall not sublet the Premises, or any part thereof, or any right or privilege appurtenant thereto, or shall not suffer any other person to occupy or use the Premises, or any portion thereof, without the written consent of Landlord, which consent may not be unreasonably withheld. Notwithstanding such limitation, Tenant shall have the right to assign its interest under this Lease to any entity in which Tenant owns a majority interest and controls the management thereof. Such assignment will not relieve Tenant of any liability under Lease and Letter of Credit given as security in accordance with Section 39 of Lease will remain in force. Neither this Lease nor any interest therein shall be assignable as to the interest of Tenant by operation of law without the written consent of Landlord, which consent may not be unreasonably withheld.