Tenant’s Right to Sublease. Assignment or subleasing by Tenant requires Landlord’s prior written consent which shall not be unreasonably withheld or delayed provided that the Subtenant or Assignee’s use the Premises and number of employees and clients are comparable to Tenant’s use and number of employees. OR Tenant, on prior written notice to Landlord, (but without Landlord’s consent), may assign the Lease or sublet the Premises to any state agency, department, division, board or office (collectively herein called “Tenant Affiliate”). Assignment or subleasing by Tenant to other that Tenant Affiliate requires Landlord’s prior written consent which shall not be unreasonably withheld or delayed.
Tenant’s Right to Sublease. Tenant may sublease space or -------------------------- grant concessions or licenses at any of the Hotels so long as the terms of any such subleases, concessions or licenses do not exceed the Term and shall expire upon any termination of this Lease.
Tenant’s Right to Sublease. (a) Tenant may freely execute subleases with regard to the Improvements, provided only that (i) the lease term of each such sublease (including all renewal and extension rights of any kind or type) shall not extend past the stated expiration date of the Term, unless Landlord consents in writing thereto, which consent shall not be unreasonably withheld or delayed and (ii) the intended use by the sublessee does not violate any provision of any Applicable Laws or any deed restrictions affecting the Land.
Tenant’s Right to Sublease. Tenant may, at any time, sublease all or any the commercial portion of the Leasehold Interest (each, a “Sublease”) without Owner’s consent, and in that event, the subtenant of the Commercial Sublease (each, a “Commercial Subtenant”) will perform all of Tenant’s obligations under this Lease with respect to the Leasehold Interest subleased under the Commercial Sublease (said Leasehold Interest subleased by the Sublease is hereafter called the “Subleased Property”). By way of example, if Xxxxxx enters into a Sublease for portion of the Project that has Affordable Housing Units (or that will be developed into Affordable Housing Units), then the Subtenant of the Sublease will be the “Tenant” under this Lease with respect to the Sublease, and any reference herein to Tenant with respect to the Subleased Property will also mean the Subtenant. For clarity, the following leases are not Subleases under this Lease: (a) the lease of an Affordable Housing Unit, Community Housing Unit or Employee Housing Unit to a qualifying residential tenant thereof; and (b) the lease of Commercial Space to a Commercial Tenant. Any other Sublease will be governed by Article 11 with respect to Owner’s consent. AThe Sublease must specify that the Sublease is limited to the Leasehold Interest, and must have a stated expiration date which is prior to expiration of the Term, but no shorter than forty (40) years. Tenant will cause a true, complete and correct copy of the original of each Sublease, together with written notice containing the name and address of the holder Subtenant, to be delivered to Owner within ten (10) days of Tenant’s execution and delivery of the Sublease or Leasehold Mortgage. Subject to the terms of this Lease, and the rights of any Recognized Interest Holder (defined in Section 6.4) under any Leasehold Mortgage (defined in Section 6.2), a Subtenant may enforce its rights under its Sublease and take possession of the Leasehold Interest subleased under the Sublease (said Leasehold Interest subleased by the Sublease is hereafter called the “Subleased Property”), in any lawful way.
Tenant’s Right to Sublease. 11.2.1 Provided that no Tenant Default remains uncured, Tenant may freely execute subleases with regard to the Building and the Improvements, provided only that (i) the lease term of each such sublease (including all renewal and extension rights of any kind or type) shall not extend past the stated expiration date of the Term, unless Landlord consents in writing thereto, which consent shall not be unreasonably withheld, conditioned or delayed and (ii) the intended use by the sublessee does not violate any deed restrictions and other Applicable Laws and regulations affecting the Property of which Tenant has received written notice from Landlord.
Tenant’s Right to Sublease. Notwithstanding anything to the contrary, Tenant may sublease a portion of the Premises to a subtenant upon the following provisions:
Tenant’s Right to Sublease. Subject to the terms of the Development Agreement, Tenant shall have the right, without the prior consent of Landlord, to sell, convey, lease, or assign all or a portion of its leasehold ownership rights hereunder to buyers and tenants of (i) the residential leasehold condominium units in the Building and/or (ii) the retail space or leasehold condominium unit(s) of the Building. After the Project has been Substantially Completed and at least seventy five percent (75%) of the residential leasehold condominium units created under the Lot 5 Condominium Declaration have been transferred by Tenant to a third party, Tenant shall have the right, without the prior consent of Landlord, to convey, transfer and assign to the Lot 5 Condominium Association(s), any or all of its rights and obligations under this Lease; provided, however, that Tenant shall remain primarily liable unless the Lot 5 Condominium Association(s) agree in writing to expressly assume all such obligations in a manner reasonably acceptable to Landlord.
Tenant’s Right to Sublease. Tenant may permit the use of all or any portion of the Project by any person other than Tenant, or sublet all or any portion of the Project, without the consent or approval of Landlord, and Tenant shall not be released from any of its obligations hereunder. Landlord shall accept performance by any subtenant or occupancy tenant of any of the terms and provisions of this Ground Lease required to be performed by Tenant with the same force and effect as though performed by Tenant. In the event that Landlord terminates Tenant's interest in this Ground Lease, Landlord shall continue to recognize and not disturb the rights of any subtenants of Tenant pursuant to subleases executed by such subtenants with Tenant during the term of this Ground Lease.
Tenant’s Right to Sublease. Tenant may sub-ground lease or sub-space lease portions of the Improvements during the Term of this Lease pursuant to Subleases with Subtenants who are Affiliates of Tenant and who will occupy all or any portion of the Premises for the conduct of business consistent with the uses permitted herein, subject to the requirements set forth in this Article 13.
Tenant’s Right to Sublease. Tenant may sublease all or any portion of a Property and the Improvements thereon for the use in accordance with the Permitted Uses hereunder and may extend or renew any sublease without Landlord's consent, provided that no sublease shall release Tenant from any obligation or liability under the Lease, and Tenant shall at all times remain primarily liable for all obligations under this Lease. All such subleases shall be subject and subordinate to Landlord's rights under this Lease. No sublease shall extend beyond the Term of this Lease unless there is a unilateral right to terminate such sublease which may be exercised by Landlord at any time this Lease is terminated for any reason whatsoever or at the end of the Term of this Lease if the Term is not extended as provided herein. Tenant shall deliver to Landlord true copies of each sublease affecting more than 10% of the gross rentable floor area of a Property not later than 20 days after the same has been executed and delivered by the parties.
