Common use of SUBLEASE OR ASSIGNMENT Clause in Contracts

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.

Appears in 3 contracts

Samples: Lease (Covista Communications Inc), Lease (Covista Communications Inc), Lease (Covista Communications Inc)

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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.

Appears in 1 contract

Samples: Carlton Properties Lease General Agreement (American Consumers Inc)

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