Common use of SUBLEASE OR ASSIGNMENT Clause in Contracts

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. 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 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.