Common use of Subleases and Assignments Clause in Contracts

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:

Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF Lessor AND AGENTLESSOR, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNITITEM OF EQUIPMENT, OR ASSIGN, TRANSFER OR ENCUMBER (EXCEPT FOR PERMITTED LIENS) ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER OR PERMIT ANY OF THE FOREGOING AND ANY ATTEMPTED SUBLEASE OR OTHER RELINQUISHMENT OF POSSESSION, ASSIGNMENT, TRANSFER OR ENCUMBERING BY LESSEE SHALL BE NULL null AND VOID, except as provided in this Section 5.2 6.2 or pursuant to a transaction permitted under Section 5.4 or Section 5.19 5.2(d) of the Participation AgreementAgreement or a Permitted Lien or in the case of relinquishment of possession pursuant to the performance of Lessee's covenants under Section 6.3 or 6.4 of this Lease. Each sublease, lease or user contract sublease entered into in accordance with this Section 5.2 6.2 shall be referred to as a "Sublease." ". So long as no Lease Event of Default shall have occurred and be continuing, 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 Items of Equipment to any customer a direct or indirect wholly-owned Subsidiary of Lessee in connection with organized under the supply of propane by Lessee to such customer, and (B) so long as no Lease Event of Default exists, one or more laws of the Units to United States of America or any State thereof (a Wholly-Owned Subsidiary of Lessee"Sublessee"); provided, that any Sublease entered into pursuant to clause (B) of this sentence Section 6.2 must satisfy each of the following conditions:

Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF Lessor AND AGENT, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNITITEM OF EQUIPMENT, OR ASSIGN, TRANSFER OR ENCUMBER (EXCEPT FOR PERMITTED LIENS) ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER OR PERMIT ANY OF THE FOREGOING 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 8.2 or pursuant to a transaction permitted under Section 5.4 18.2(d) or a Permitted Lien or in the case of relinquishment of possession pursuant to the performance of Lessee’s covenants under Section 5.19 8.3 or 8.4 of the Participation Agreementthis Lease. Each sublease, lease or user contract sublease entered into in accordance with this Section 5.2 8.2 shall be referred to as a "“Sublease." ” So long as no Lease Event of Default shall have occurred and be continuing, 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 Items of Equipment to any customer a direct or indirect wholly-owned Subsidiary of Lessee in connection with organized under the supply of propane by Lessee to such customer, and (B) so long as no Lease Event of Default exists, one or more laws of the Units to United States of America or any State thereof (a Wholly-Owned Subsidiary of Lessee“Sublessee”); provided, that any Sublease entered into pursuant to clause (B) of this sentence Section 8.2 must satisfy each of the following conditions:

Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF Lessor AND AGENT, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNITITEM OF EQUIPMENT, OR ASSIGN, TRANSFER OR ENCUMBER (EXCEPT FOR PERMITTED LIENS) ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER OR PERMIT ANY OF THE FOREGOING 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 8.2 or pursuant to a transaction permitted under Section 5.4 18.2(d) or a Permitted Lien or in the case of relinquishment of possession pursuant to the performance of Lessee’s covenants under Section 5.19 8.3 or 8.4 of the Participation Agreementthis Lease. Each sublease, lease or user contract sublease entered into in accordance with this Section 5.2 8.2 shall be referred to as a "“Sublease." ” So long as no Lease Event of Default shall have occurred and be continuing, 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 Items of Equipment to any customer a direct or indirect wholly-owned Subsidiary of Lessee in connection with organized under the supply of propane by Lessee to such customer, and (B) so long as no Lease Event of Default exists, one or more laws of the Units to United States of America or any State thereof (a Wholly-Owned Subsidiary of Lessee“Sublessee"); provided, that any Sublease entered into pursuant to clause (B) of this sentence Section 8.2 must satisfy each of the following conditions:

Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE ------------------------- PRIOR WRITTEN CONSENT OF Lessor AND AGENTTHE REQUIRED LESSORS, WHICH CONSENT SHALL NOT BE UNREASONABLY WITHHELD, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNIT, OR ASSIGN, TRANSFER OR ENCUMBER ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER HEREUNDER, AND ANY ATTEMPTED SUBLEASE OR OTHER RELINQUISHMENT OF POSSESSIONSUBLEASE, RELINQUISHMENT, 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 Agreement5.2. Each sublease, lease or user contract ----------- sublease entered into in accordance with this Section 5.2 shall be referred to ----------- as a "Sublease." ", and each Person which is the other party to a Sublease shall be -------- referred to as a "Sublessee". So long as no Incipient Default or Event of --------- Default shall have occurred and be continuing, Lessee maymay sublease, without the prior written consent of Lessor and the Lessors or 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 (i) a wholly-owned Subsidiary of Lessee in connection with the supply of propane by Lessee to such customer, and or (Bii) so long as no Lease Event of Default exists, one or more of the Units to a Wholly-Owned Subsidiary of LesseeService Provider; provided, that any -------- Sublease entered into pursuant to clause (B) of this sentence Section 5.2 must satisfy each of the ----------- following conditions: