Tenant Transfer Sample Clauses

Tenant Transfer. The Tenant cannot lease the property to any other person or let any other person take over the Tenant’s rights and duties under this lease, unless the Landlord first gives written approval. Upon Landlord approval there will be a sub-leasing/administrative fee of $500.00.
AutoNDA by SimpleDocs
Tenant Transfer. (a) Tenant will not effect or attempt to affect a Transfer without the prior written consent of the Landlord, which consent may be unreasonably withheld.‌
Tenant Transfer. Tenant shall be entitled, without the consent of Landlord, to assign, hypothecate or transfer this Lease, or sublet the Premises or any part thereof, to an entity or individual that owns or controls Tenant, is owned or controlled by Tenant, or is under common ownership or control with Tenant. Except as set forth in the preceding sentence, Tenant shall not, either voluntarily or by operation of law, assign, hypothecate or transfer this Lease, or sublet the Premises or any part thereof, or permit the Premises or any part thereof to be occupied by anyone other than Tenant or Tenant's employees, without Landlord's prior written consent, which Landlord shall not unreasonably withhold. It shall not be reasonable for Landlord to withhold its consent if the proposed assignee or subtenant has sufficient financial resources to give Landlord reasonable comfort (based upon a comparison to the financial status of tenants, subtenants or assignees in other transactions approved by Landlord, or in similar such transactions generally) that it will be able to (i) make all Base Rent, Additional Rent and other payments of any nature required of Tenant hereunder, (ii) abide by all other terms and conditions of this Lease applicable to Tenant, and (iii) fulfill all obligations of Tenant under this Lease arising from and after the time of the contemplated assignment. Upon the completion of an assignment or subletting for which Landlord's consent is required hereunder and has been obtained, Tenant automatically shall be relieved from any liability or obligation accruing hereunder from and after the date of the assignment or subletting, and Landlord shall look solely to the assignee or subtenant for any such liability or obligation.
Tenant Transfer. Existing tenants shall be permitted to transfer into a different unit once per year, at the time of recertification. As to such transfers Developer will cause Property Manager to provide a list of tenants that are transferring units to include the original unit and unit to which they transferred.

Related to Tenant Transfer

  • Landlord’s Consent Landlord shall not unreasonably withhold its consent to any proposed Transfer of the Subject Space to the Transferee on the terms specified in the Transfer Notice. Without limitation as to other reasonable grounds for withholding consent, the parties hereby agree that it shall be reasonable under this Lease and under any applicable law for Landlord to withhold consent to any proposed Transfer where one or more of the following apply:

  • Subletting The Tenant shall not be able to sublet the Premises without the written consent from the Landlord. The consent by the Landlord to one subtenant shall not be deemed to be consent to any subsequent subtenant.

Time is Money Join Law Insider Premium to draft better contracts faster.