Common use of SUBLETTING AND ASSIGNING Clause in Contracts

SUBLETTING AND ASSIGNING. Tenant shall not assign this Lease or sublet all or any portion of the Demised Premises, whether voluntarily or by operation of law, without first obtaining Landlord’s prior written consent thereto. A transfer or sale by Tenant of a majority of the voting shares, partnership interests or other controlling interests in Tenant, except among the current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Tenant and shall require Landlord’s prior written consent. If such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligation of Tenant hereunder. Tenant shall not mortgage or encumber this Lease. Landlord must approve any agent employed by Tenant to complete a sublease of the Demised Premises.

SUBLETTING AND ASSIGNING. Tenant shall not assign assign, mortgage or otherwise transfer or encumber this Lease or any portion or Tenant's interest herein, or sublet all or any portion of the Demised Premises, whether voluntarily or by operation of law, Premises without first obtaining Landlord’s 's prior written consent thereto. A transfer or sale by Tenant of a majority of , which the voting shares, partnership interests or other controlling interests parties agree may be withheld for any reason whatsoever in Tenant, except among the current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Tenant Landlord's sole and shall require Landlord’s prior written consentabsolute discretion. If Landlord consents to any given assignment or subletting, such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgagx, xublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligation obligations of Tenant hereunder. Tenant shall not mortgage Notwithstanding any consent by Landlord to any subletting or encumber this Lease. Landlord must approve assixxxxxx, in the event of any agent employed by Tenant to complete a sublease subletting or assignment of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign assign, mortgage or otherwise transfer or encumber this Lease or any portion of Tenant's interest herein, or sublet all or any portion of the Demised Premises, whether voluntarily or by operation of law, Premises without first obtaining Landlord’s 's prior written consent thereto. A transfer or sale by Tenant of a majority of , which the voting shares, partnership interests or other controlling interests parties agree may be withheld for any reason whatsoever in Tenant, except among the current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Tenant Landlord's sole and shall require Landlord’s prior written consentabsolute discretion. If Landlord consents to any given assignment or subletting, such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgage, sublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligation obligations of Tenant hereunder. Tenant shall not mortgage Notwithstanding any consent by Landlord to any subletting or encumber this Lease. Landlord must approve assignment, in the event of any agent employed by Tenant to complete a sublease subletting or assignment of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the consent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign this Lease or sublet all or any portion of the Demised Premises, whether voluntarily or by operation of law, without first obtaining Landlord’s prior written consent thereto. A transfer or sale by Tenant of a majority of the voting shares, partnership interests or other controlling interests in Tenant, except among the current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Tenant Xxxxxx and shall require LandlordXxxxxxxx’s prior written consent. If such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligation of Tenant hereunder. Tenant shall not mortgage or encumber this Lease. Landlord Xxxxxxxx must approve any agent employed by Tenant to complete a sublease of the Demised Premises.