Subleases and Assignments Sample Clauses

Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF Lessor AND AGENT, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNIT, OR ASSIGN, TRANSFER OR ENCUMBER ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER AND ANY ATTEMPTED SUBLEASE OR OTHER RELINQUISHMENT OF POSSESSION, ASSIGNMENT, TRANSFER OR ENCUMBERING BY LESSEE SHALL BE NULL AND VOID, except as provided in this Section 5.2 or pursuant to a transaction permitted under Section 5.4 or Section 5.19 of the Participation Agreement. Each sublease, lease or user contract entered into in accordance with this Section 5.2 shall be referred to as a "Sublease." Lessee may, without the prior written consent of Lessor and Agent, enter into subleases of (A) so long as no Lease Event of Default described in Sections 8.1(f) or (g) exists, one or more of the Units to any customer of Lessee in connection with the supply of propane by Lessee to such customer, and (B) so long as no Lease Event of Default exists, one or more of the Units to a Wholly-Owned Subsidiary of Lessee; provided, that any Sublease entered into pursuant to clause (B) of this sentence must satisfy each of the following conditions: (a) such Sublease shall automatically expire upon the termination of this Lease (unless Lessee shall have exercised the Purchase Option) and be expressly subordinate and subject to this Lease and the Liens created hereunder; (b) such Sublease shall be in writing and shall expressly prohibit any further assignment, sublease or transfer; (c) such Sublease shall not contain a purchase option in favor of the Sublessee or any other provision pursuant to which the Sublessee may obtain record or beneficial title to any Unit leased thereunder from Lessee; (d) such Sublease shall prohibit the Sublessee from making any alterations or modifications to any Unit that would result in a violation of this Lease; (e) such Sublease shall require the Sublessee to maintain each Unit subleased thereunder in accordance with Section 5.3; (f) Lessee shall not, without Agent's prior written consent, permit or consent to any renewal or extension of such Sublease at any time when an Lease Default or Lease Event of Default has occurred and is continuing; and (g) Lessee shall notify Lessor and Agent in writing within 30 days after entering into such Sublease, which notice shall include (i) a description of the Unit or Units to be subleased thereunder, and (ii) the location of such Unit or Units during the term of such Sublease. The liability of Lessee...

Subleases and Assignments. Tenant shall not sublease or assign the Lease without the prior, written permission from the Landlord. Landlord shall not unreasonable deny permission to sublease or assign.

Subleases and Assignments. Sub lessee may not sublease or assign its interest in this sublease without the prior written consent of Edge Salon & Suites

Subleases and Assignments. Tenant shall not assign or transfer, in whole or in part, in any manner, this Lease nor any interest therein, nor permit the foregoing Lease to become transferred by operation of law or otherwise, nor do or suffer any acts to be done whereby the same may be or become assigned in whole or in part, unless the written consent of Landlord shall first be obtained in each and every case of subletting, assignment or transfer as shall from time to time occur or be desired. It is expressly agreed by the parties that a change in ownership of the controlling share of stock in Tenant, if any, shall be deemed to be an assignment hereunder. It is expressly agreed by the Tenant that in the event permission be granted by the Landlord as herein provided, the subtenant or assignee shall be required to assume and agree to perform the covenants of this Lease and that notwithstanding any such subletting or assignment, the Tenant shall be and remain liable for the payments of all rents and the performance of all covenants and conditions for the full term of this Lease.

Subleases and Assignments. Company will not have the right to sell, assign, sublet, license or otherwise transfer any or all of the Premises or Company’s Improvements without the prior written consent of Authority, which will not be unreasonably withheld. Authority will not be deemed to have acted unreasonably in withholding consent to any proposed assignment or sublease to an entity that: (A) has a financial net worth that, in the opinion of Authority, is inconsistent with that of Company; or (B) proposes a use different than those uses authorized in this Agreement. If transfer, sublease, assignment or delegation is approved, Company will be solely responsible for ensuring that its transferee, sublessee, assignee or delegate performs pursuant to and in compliance with the terms of this Agreement. Any assignment, mortgage, license, delegation, sublease or the like will be subject to all of the terms and conditions contained in this Agreement. In no event will any approved assignment or sublease diminish Authority’s rights to enforce any and all provisions of this Agreement.

Subleases and Assignments. 5 Section 6.1. Subletting................................................................................ 5 Section 6.2 Assignment................................................................................ 6

Subleases and Assignments. Company will not have the right to sell, assign, sublet, license or otherwise transfer any or all of the Premises or Company’s Improvements without the prior written consent of Authority, which will not be unreasonably withheld. Authority will not be deemed to have acted unreasonably in withholding consent to any proposed assignment or sublease to an entity that: (A) has a financial net worth that, in the opinion of Authority, is inconsistent with that of Company; or (B) proposes a use different than those uses authorized in this Agreement. If transfer, sublease, assignment or delegation is approved, Company will be solely responsible for ensuring that its transferee, sublessee, assignee or delegate performs pursuant to and in compliance with the terms of this Agreement. Any assignment, mortgage, license, delegation, sublease or the like will be subject to all of the terms and conditions contained in this Agreement. In no event will any approved assignment or sublease diminish Authority’s rights to enforce any and all provisions of this Agreement. Subletting will only be permitted if the minimum Term of the subject sublease is longer than 120 days. The form of the sublease must be approved by the Authority, and such approval shall not be unreasonably withheld.

Subleases and Assignments. The premises, in whole or in part, and appurtenances thereon may be subleased for any use not otherwise inconsistent with this Agreement without written approval from the City.

Subleases and Assignments. LESSEE agrees not to assign or sublet this lease or leased premises or any part thereof.

Subleases and Assignments. This lease may not be subleased or assigned without prior written consent of CLO.