Prohibition Against Subletting and Assignment. Subject to Section 13.03, Tenant shall not, without the prior written consent of Landlord (which consent Landlord may grant or withhold in its sole and absolute discretion), assign, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant) (as defined) this Agreement or any Lease or any interest herein or therein, or all or any part of the Leased Property, or suffer or permit any Lease or the leasehold estate created thereby or any other rights arising under any Lease to be assigned, transferred, mortgaged, pledged, hypothecated or encumbered, in whole or in part, whether voluntarily, involuntarily or by operation of law (except to an Affiliate of Tenant). For purposes of this Section 13.01, an assignment of any Lease shall be deemed to include any Change of Control of Tenant, as if such Change of Control were an assignment of the Lease. No assignment shall in any way impair the continuing primary liability of Tenant hereunder.
Appears in 2 contracts
Samples: Master Agreement to Lease (Cca Prison Realty Trust), Master Agreement to Lease (Corrections Corporation of America)
Prohibition Against Subletting and Assignment. Subject to Section 13.0312.03, Tenant shall not, without the prior written consent of Landlord (which consent Landlord may grant or withhold in its sole and absolute discretion), assign, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant) (as defined) this Agreement or any Lease or any interest herein or therein, or all or any part of the Leased Property, or suffer or permit any Lease or the leasehold estate created thereby or any other rights arising under any Lease to be assigned, transferred, mortgaged, pledged, hypothecated or encumbered, in whole or in part, whether voluntarily, involuntarily or by operation of law (except to an Affiliate of Tenant). For purposes of this Section 13.0112.01, an assignment of any Lease shall be deemed to include any Change of Control of Tenant, as if such Change of Control were an assignment of the Lease. No assignment shall in any way impair the continuing primary liability of Tenant hereunder.
Appears in 2 contracts
Samples: Master Agreement to Lease (Prison Realty Corp), Master Agreement to Lease (Prison Realty Corp)
Prohibition Against Subletting and Assignment. Subject to Section 13.0312.03, Tenant shall not, without the prior written consent of Landlord (which consent Landlord may grant or withhold in its sole and absolute discretion), assign, sublease, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant) (as defined) this Agreement or any Lease or any interest herein or thereinherein, or all or any part of the Leased Property, or suffer or permit any Lease lease or the leasehold estate created thereby or any other rights arising under any Lease lease to be assigned, transferred, mortgaged, pledged, hypothecated or encumbered, in whole or in part, whether voluntarily, involuntarily or by operation of law (except to an Affiliate law. No assignment shall in any way impair the continuing primary liability of Tenant)Tenant hereunder. For purposes of this Section 13.0112.01, an assignment of any Lease shall be deemed to include any Change of Control of Tenant, as if such Change of Control were an assignment of the Lease. No assignment shall in any way impair the continuing primary liability of Tenant hereunder.
Appears in 1 contract
Samples: Master Agreement to Lease (Corrections Corp of America/Md)
Prohibition Against Subletting and Assignment. Subject to Section Sections 13.03, 13.04 and 7.05, Tenant shall not, without the prior written consent of Landlord (which consent Landlord may grant or withhold in its sole and absolute discretion), sublease, assign, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant) (as defined) this Agreement or any Lease or any interest herein or therein, or all or any part of the Leased Property, or suffer or permit any Lease or the leasehold estate created thereby or any other rights arising under any Lease to be assigned, transferred, mortgaged, pledged, hypothecated or encumbered, in whole or in part, whether voluntarily, involuntarily or by operation of law (except to an Affiliate of Tenant)law. For purposes of this Section 13.01, an assignment of any Lease shall be deemed to include any Change of Control of Tenant, as if such Change of Control were an assignment of the Lease. No assignment shall in any way impair the continuing primary liability of Tenant hereunder.
Appears in 1 contract
Samples: Master Agreement to Lease (Wackenhut Corrections Corp)
Prohibition Against Subletting and Assignment. Subject to Section SECTION 13.03, Tenant shall not, without the prior written consent of Landlord (Landlord, which consent Landlord may grant or withhold in its sole and absolute discretion)shall not be unreasonably withheld, assign, sublease, mortgage, pledge, hypothecate, encumber or otherwise transfer (except to an Affiliate of Tenant) (as definedAffiliate) this Agreement or any Lease or any interest herein or thereinherein, or all or any part of the Leased Property, or suffer or permit any this Lease or the leasehold estate created thereby hereby or any other rights arising under any Lease hereunder to be assigned, subleased, transferred, mortgaged, pledged, hypothecated or encumbered, in whole or in part, whether voluntarily, involuntarily or by operation of law (except to an Affiliate of Tenant)law. For purposes of this Section SECTION 13.01, an assignment of any this Lease shall be deemed to include any Change of Control of Tenant, as if such Change of Control were an assignment of the Lease. No assignment shall in any way impair the continuing primary liability of Tenant hereunderthe Tenant.
Appears in 1 contract