SUBLEASE OR ASSIGNMENT. (a) Tenant may assign Tenant's interest in this Lease or sublet all or any portion of the Premises to a nationally or regionally recognized retailer without Landlord's consent. Any other assignment or subletting not specifically provided for in this Section 12 shall be subject to Landlord's prior written consent, which consent shall not be unreasonably withheld. Landlord's review of the proposed assignee or subtenant shall be limited to business reputation, business experience, a retail use compatible with then existing tenant mix of the Center, and financial ability to perform its obligations under this Lease or the proposed sublease, as the case may be. In any such event, Tenant shall remain fully and primarily liable hereunder. Tenant's right to assign or sublet shall be subject to any then existing exclusives or primary use exclusives for tenants leasing more than 15,000 square feet of space in the Center. Tenant may, without the consent of Landlord, (i) grant licenses and/or concessions within the Premises or (ii) assign or sublet all or any portion of the Premises to (a) any parent, affiliate or subsidiary corporation of Tenant; (b) a transferee or successor by merger, consolidation or acquisition of Tenant or its parent or subsidiary; or (c) a transferee with a good business reputation who is acquiring all or substantially all of the stores of Tenant in the State of Ohio or the assets of Tenant, its parent or subsidiary. Any such assignee or sublessee shall be bound by the terms of this Lease. Tenant shall deliver to Landlord in the ordinary course of its business an instrument whereby the assignee or entity succeeding to Tenant's interest hereunder agrees to be bound by the terms of this Lease.
(b) Landlord may assign Landlord's interest in this Lease without the consent of Tenant (a) to any entity to which Landlord transfers its fee interest in the Premises provided such entity (i) agrees in writing to be bound by all the terms of this Lease and (ii) such assignment is pursuant to a bona fide arm's length transaction not designed to reduce Landlord's liability or to otherwise exempt Landlord from any provision of this Lease or (b) subject to Section 12, as security for any indebtedness undertaken by Landlord.
SUBLEASE OR ASSIGNMENT. Tenant shall not assign this Lease nor sublet the whole or any part of the Premises without first obtaining the written consent of the Landlord.
SUBLEASE OR ASSIGNMENT. Occupant may not assign this Agreement, sublease all or any part of the space, or permit any other person to occupy or use all or any part of the space. Any attempted assignment or sublease in violation of this paragraph, at the option of Owner, terminates this Agreement and the right of Occupant to use and occupy the space.
SUBLEASE OR ASSIGNMENT. The Tenant may not sublease any part of the rented premises or assign this Lease, without the written consent of the Landlord, and in the event any assignment or sublease is made, the Tenant shall remain responsible under the terms and conditions of this Lease.
SUBLEASE OR ASSIGNMENT. The Slip may not be sublet or assigned.
SUBLEASE OR ASSIGNMENT. Neither Tenant nor any court or officer thereof or receiver or trustee in bankruptcy shall sublease, assign, or transfer the premises or any interest in this lease without the consent in writing of Owner, which shall not be unreasonably withheld. Landlord may withhold consent if the premises is not currently a place of public accommodation and the subletting or assignment will cause it to be used at such. In the event of a sublease or assignment, Tenant shall always remain liable for any default of a subtenant or assignee. The receipt by Owner of rents from any assignee, subtenant or occupant shall not be deemed to be a waiver of these provisions.
SUBLEASE OR ASSIGNMENT. Tenant may substitute a new Tenant for the balance or portion of the Term hereof provided:
1) All charges due per the Lease are paid in full, including, but not limited to, rent, late fees, and damages.
2) Tenant, Prospective new Tenant, Continuing House mates and the Landlord must agree in writing on a sublease agreement approved by CAMPUS COLONIAL LLC. It is expressly agreed that if the Landlord consents to any act of assignment or subletting, such consent shall not relieve the original tenant of liability for any rents the subtenant fails to pay or for the cost of any damages incurred.
SUBLEASE OR ASSIGNMENT. The Lessee shall have the unrestricted right to sub-lease or assign the entire premises or a portion of the premises covered under this lease during the term of this lease. If the Lessee exercises this right, he/she will notify the Lessor in writing before sub-leasing or assigning the entire premises or a portion of the premises.
SUBLEASE OR ASSIGNMENT. The Lessee may not sublet or assign its interest in this lease without the written consent of the Lessor, such consent not to be unreasonably withheld. The Lessor may not assign its interest in this lease without the written consent of the Lessee, such consent not to be unreasonably withheld.
SUBLEASE OR ASSIGNMENT. This Lease may not be assigned nor may the Demised Premises be sublet by the Lessee without the prior written consent of the Lessor. In the event of any such permitted assignment or subletting, Lessee shall remain liable as Lessee for the performance of all of the conditions and covenants on the part of Lessee to be performed under this Lease, unless Lessor shall otherwise expressly consent in writing.
