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Common use of Right of Assignment Clause in Contracts

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this Lease/Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute assignee in his/her or its place.

Appears in 10 contracts

Samples: Lease Agreement With Option to Purchase, Lease Agreement With Option to Purchase, Lease Agreement With Option to Purchase

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or assign all rights or interests which the Tenant/Buyer may have in the property or in this Lease/Option Agreement. Any such assignment will release original TenantAgreement with Landlord/Buyer from liability and substitute assignee in his/her or its placeSeller’s approval of assignee.

Appears in 4 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this Lease/Lease/ Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute liability, substituting assignee in his/her or its place.

Appears in 1 contract

Samples: Lease Agreement With Option to Purchase

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this Lease/Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute assignee in his/her or its place.Option

Appears in 1 contract

Samples: Lease Agreement With Option to Purchase

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this Hawaii Lease/Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute assignee in his/her or its place.

Appears in 1 contract

Samples: Lease to Own Agreement

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet subject the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this the Lease/Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute assignee in his/her or its place.

Appears in 1 contract

Samples: Lease Agreement With Option to Purchase