Common use of TRANSFER OF LEASE Clause in Contracts

TRANSFER OF LEASE. (a) The Tenant, without the previous written consent of the Landlord, which consent may not be unreasonably withheld, shall not assign this Lease or sublet or part with possession of the Leased Premises or any part thereof. The Tenant hereby waives its right to the benefit of any present or future Act of the Legislature of Ontario which would allow the Tenant to assign this Lease or sublet the Leased Premises without the Landlord's consent. The Tenant shall not grant any concession or enter into any licence or franchise to use the Leased Premises or any part thereof.

TRANSFER OF LEASE. (a) The Tenant, without the previous written consent of the Landlord, which consent may not be unreasonably withheld, shall not assign this Lease or sublet or part with possession of the Leased Premises or any part thereof. thereof The Tenant hereby waives its right to the benefit of any present or future Act of the Legislature of Ontario which would allow the Tenant to assign this Lease or sublet the Leased Premises without the Landlord's consent. The Tenant shall not grant any concession or enter into any licence or franchise to use the Leased Premises or any part thereof.