Common use of Tenant Affiliate Clause in Contracts

Tenant Affiliate. Notwithstanding the provisions of Paragraph 10.1 hereof, Tenant may assign or sublet the Leased Premises, or any portion thereof, without Landlord's consent, to any corporation which controls, is controlled by or is under common control with Tenant, provided that said assignee assumes, in full, the obligations of Tenant under this Lease.

Appears in 4 contracts

Samples: Industrial Building Lease (Motors & Gears Inc), Industrial Building Lease (Motors & Gears Inc), Industrial Building Lease (Motors & Gears Inc)

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