Common use of Permitted Sublease and Assignment Clause in Contracts

Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, sublease space at the Leased Property so long as (i) such sublease will not cause an event of default under the Operating Agreement, if applicable, and such sublease has been approved by the Operator, if applicable, and (ii) such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area.

Appears in 15 contracts

Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc)

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Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, sublease space at the Leased Property so long as (i) such sublease will not cause an event of default under the Operating Agreement, if applicable, and such sublease has been approved by the Operator, if applicable, and (ii) such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area.. Section 16.4

Appears in 2 contracts

Samples: Lease Agreement (CNL Retirement Properties Inc), Lease Agreement (CNL Retirement Properties Inc)

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Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 15.4 and any other express conditions or limitations set forth herein, Tenant Lessee may, without LandlordLessor's consent, sublease space at the Leased Property so long as (i) such sublease will not cause an event of default under the Operating Agreement, if applicable, and such sublease has been approved by the Operator, if applicable, and (ii) such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area.

Appears in 1 contract

Samples: Lease Agreement (CNL Retirement Properties Inc)

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