Permitted Sublessees Sample Clauses
Permitted Sublessees. LESSOR hereby acknowledges that upon a request by LESSEE for a sublease in accordance with this Article 11 to one of the following entities, LESSOR shall consent to such sublease, such consent not to be unreasonably withheld or delayed: TACA International Airlines, S.A.; Lineas Aereas Costarricenses, S.A.; AVIATECA, S.A.; TACA Costa Rica, S.A.; and Trans American Airlines, S.A. (d/b/a TACA PERU); provided, however, that at the time of such consent such entity has not suffered such a material deterioration in its condition such that a sublease to it would reasonably be expected to result in the operation or maintenance of the Aircraft in contravention of one or more terms of this Lease, and that nothing herein shall limit the terms and requirements otherwise set forth in this Article 11.
Permitted Sublessees. Notwithstanding anything to the contrary contained in Section 9, Tenant shall be permitted to sublease a portion or all of the Premises to a wholly-owned subsidiary of Edgemont Sales Company, Inc., or one in which the controlling interest of the proposed transferee is held by either Edgemont Sales Company, Inc., or by Mr. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, without the prior consent of Landlord. Landlord shall, however, be notified by Tenant in writing of such a sublease. Tenant shall not be obligated to share with Landlord any sublease profits from such permitted sublease.
