Request to Assign or Sublease Sample Clauses

Request to Assign or Sublease. If at any time during the Term, Tenant wishes to assign this Lease or any interest therein, or to sublet all or any portion of the Premises, then at least twenty (20) days prior to the date when Tenant desires the assignment or sublease to be effective, Tenant shall give written notice to Landlord setting forth the name, address, and business of the proposed assignee or sublessee, business and personal credit applications completed on Landlord’s standard application forms, and information (including references and such financial documentation as Landlord shall reasonably prescribe) concerning the character and financial condition of the proposed assignee or sublessee, the effective date of the assignment or sublease, and all the material terms and conditions of the proposed assignment, and with reference solely to a sublease: a detailed description of the space proposed to be sublet, together with any rights of the proposed sublessee to use Tenant’s improvements and/or ancillary services with the Premises. Tenant expressly acknowledges and agrees that if Tenant proposes to assign this Lease or sublet all of the Premises to an entity other than an Affiliate (as such term is defined in Section 11.2.1 of this Lease), and the financial status and creditworthiness of the entity is such that Landlord would ordinarily require the payment of a security deposit, Tenant shall provide Landlord with a security deposit equal to the Fixed Monthly Rent payable by Tenant under this Lease as of the effective date of the proposed Transfer.