Limited Permitted Assignment Clause Samples

Limited Permitted Assignment. Notwithstanding the other provisions of this Section 26, Tenant shall have the right, provided Tenant is not in default beyond the applicable cure period, to assign the Lease to an Affiliate of Tenant subject to the prior written consent of the Port, provided, however, that such consent shall not be unreasonably withheld, delayed, or conditioned and, specifically, consent shall not be conditioned upon any increase in the Rent payable under this Lease or upon any material change to any other term or condition hereof, so long as Tenant and any guarantor or any assignee or transferee is not be released from primary liability to the Port under the Lease and shall remain continually and directly liable to the Port for the full and complete, prompt payment and performance of Tenant's obligations under the Lease.