Common use of Assigning or Subletting Clause in Contracts

Assigning or Subletting. The Tenant shall not by license permit any ------------------------ other person to occupy the Leased Premises and shall not mortgage this Lease or any right hereunder or interest herein and shall not assign or sublet the Leased Premises or any part thereof without the prior consent in writing of the Landlord, which consent shall not be unreasonably withheld. PROVIDED that the Tenant shall, at the time of requesting such consent, deliver to the Landlord such information in writing as the Landlord may reasonably require respecting the proposed assignee or subtenant, including the name, address, nature of business, financial responsibility and standing of such proposed assignee or subtenant. PROVIDED FURTHER that after receiving such request, the Landlord shall have the right, at its option, to terminate this Lease by giving, within ten (10) days after receiving the information, sixty (60) days' written notice of termination to the Tenant. In the event of such termination, the Rent and all other payments required to be made by the Tenant hereunder shall be adjusted to the date of termination.