Assignment of Lease. 10.01. The Tenant may not assign the Lease or sublet all or any part of the Premises or otherwise grant possession of the Premises or any portion thereof to any other person without first obtaining the prior written consent of the Landlord, such consent not to be unreasonably withheld. In no event shall the Tenant be released or discharged from the full performance of this Lease and the payment of all rents and monies and the observance of all covenants, agreements, terms and conditions herein contained and any such consent granted by the Landlord shall not be deemed or implied as consent to any further or subsequent assignment or subletting. In the event this Lease is assigned or all or a portion of the Premises sublet, the Tenant shall pay all reasonable out-of-pocket expenses incurred by the Landlord in any such assignment or subletting, including the Landlord’s legal costs in connection therewith and a non-refundable amount of Five Hundred Dollars ($500.00) in advance to the Landlord, representing a reasonable cost to the Landlord for reviewing such application. Any transferee shall enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable to it. Notwithstanding the foregoing provisions of this Section 10.01 or anything else contained herein, so long as Tenant is not then in default under this Lease beyond any applicable curative period provided for in this Lease, Tenant shall have the right, without the consent of Landlord, but otherwise in accordance with the requirements of this Lease, including without limitation, the obligation of any transferee to enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable, to assign this Lease and/or sublease the whole or part of the Premises to:
Assignment of Lease. If the Trustee or Tenant has assumed the Lease pursuant to the provisions of this Section for the purpose of assigning Tenant's interest hereunder to any other person or entity, such interest may be assigned only after the Trustee, Tenant or the proposed assignee have complied with all of the terms, covenants and conditions of this Lease, including, without limitation, those with respect to Additional Rent. Landlord and Tenant acknowledge that such terms, covenants and conditions are commercially reasonable in the context of a bankruptcy proceeding of Tenant. Any person or entity to which this Lease is assigned pursuant to the provisions of the Code shall be deemed without further act or deed to have assumed all of the obligations arising under this Lease on and after the date of such assignment. Any such assignee shall upon request execute and deliver to Landlord an instrument confirming such assignment.
Assignment of Lease. Assignor hereby assigns, transfers, conveys and delivers to Assignee all of Assignor’s right, title and interest in, to and under the Lease Agreement.
Assignment of Lease. Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller's right, title, interest, duties and obligations (whether direct or indirect, known or unknown, contingent or otherwise) in and to each Lease as set forth on Schedule A hereto between Seller, as lessor and each lessee described ---------- therein (in each case a "Lessee"), with respect to the leasing by each Lessee of certain equipment (as further described in each Lease, individually and collectively, the "Equipment"), except that Seller hereby reserves and does not transfer its right, title and interest in and to the Reserved Rights.
Assignment of Lease. Except with the prior written consent of Lessor, which consent will not be withheld unreasonably, Lessee must neither transfer nor assign this Lease or any rights hereunder, nor sublet the property or any portion of the property thereof, nor grant any interest, privilege or license whatsoever in connection with this Lease. Any such action taken without the express written approval, assignment and assumption of Lease by assignee will constitute a violation of this Lease by Lessee and a trespass by any subtenant of Lessee or assignee. Notwithstanding the foregoing, Lessee will have the right to assign its contractual interest to any entity controlling, controlled or under common control with Lessee, to any entity that acquires substantially all of the assets of Lessee licensed by the FCC to operate a wireless communications business and to any entity that acquires substantially all of Lessee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, such assignee assumes in full all of Lessee’s obligations under this Lease. Lessee must notify Lessor with a minimum written 30 days’ prior notice. Such notice will not amend or modify the terms and conditions of this Lease.
Assignment of Lease. At Closing, Seller shall assign and Buyer shall assume Seller’s obligations under all Leases and New Leases, pursuant to an assignment of leases in the form attached as Exhibit C (the “Assignment of Leases”).
Assignment of Lease. If the Trustee or Tenant has assumed the Lease pursuant to the provisions of this Section 18.5 for the purpose of assigning Tenant's interest hereunder to any other person or entity, such interest may be assigned only after the Trustee, Tenant or the proposed assignee have complied with all of the terms, covenants and conditions of Section 13.1 herein, including, without limitation, those with respect to additional rent and the use of the Premises only as permitted in Article VIII herein; Landlord and Tenant acknowledging that such terms, covenants and conditions are commercially reasonable in the context of a bankruptcy proceeding of Tenant. Any person or entity to which this Lease is assigned pursuant to the provisions of the Code shall be deemed without further act or deed to have assumed all of the obligations arising under this Lease on and after the date of such assignment. Any such assignee shall upon request execute and deliver to Landlord an instrument confirming such assignment.
Assignment of Lease. For valuable consideration, the receipt of which is hereby acknowledged, the undersigned Typhoon Capital Consultants, LLC, d.b.a.: Ventxxx-Xxxxxxxx.xxx ("XSSIGNOR"), hereby assigns and transfers to Inland Entertainment Corporation, a Utah corporation ("ASSIGNEE"), all of its right, title and interest in and to that certain Lease dated March 22, 1999, (the "LEASE") by and between SPIEXXX XXXPERTIES, L.P., A CALIFORNIA LIMITED PARTNERSHIP ("LANDLORD"), as Landlord, and Assignor, as Tenant, leasing those certain premises described as approximately 852 rentable square feet located at 3420 Xxxxx Xxxx Xxxxxxxxx, Xxxxx 0000, Xxxxx Xxxxxx, XX 00000. Xxsignor and Sanjxx Xxxxxxx ("XUARANTOR") hereby agree that this assignment shall not relieve Assignor of any liability or obligation under the Lease, or such guarantor of any liability or obligation under its guaranty of the Lease, and that Assignor shall continue to remain liable under the Lease as a principal obligor and not as a surety, and such guarantor shall continue to remain liable under its guaranty of the Lease, in each case notwithstanding such assignment. Assignor further agrees that a subsequent modification or extension of the Lease shall not relieve Assignor or any guarantor of the Lease of any liability or obligation under the Lease or any guaranty of the Lease. This assignment is effective as of September 7, 1999. Dated: 9/28/99 ASSIGNOR: /s/ Sanjxx Xxxxxxx -------------------------------------- a Typhoon Capital Consultants, LLC, DBA / Ventxxx-Xxxxxxxx.xxx By: Sanjxx Xxxxxxx Title: President [GUARANTOR: /s/ Sanjxx Xxxxxxx ------------------------------------- a ------------------------------ By: Sanjxx Xxxxxxx Title: President ] ASSUMPTION OF LEASE Assignee hereby accepts the foregoing assignment effective September 7, 1999, and in consideration of Landxxxx'x xonsent thereto, Assignee agrees to be bound by and to faithfully, timely and fully perform all of the terms and conditions and agreements contained in the Lease, and to pay promptly all rental and other payments thereunder of whatever nature. Assignee warrants that it has read the Lease which is made a part hereof by this reference. Assignee further understands and agrees that Landxxxx'x xonsent to this assignment is not a consent to any subsequent assignments. Assignee agrees that if, at any time during the remaining term of the Lease, it seeks a future assignment, Assignee shall pay to Landlord a sum equal to Two Hundred Fifty Dollars ($250.0...
Assignment of Lease. Tenant understands that Landlord’s interest in the Lease has been assigned to Lender in connection with the Loan. Until Lender becomes owner of the Property, however, Lender assumes no duty, liability or obligation to Tenant under the Lease.
Assignment of Lease. Assignor hereby grants, transfers, assigns and conveys to Assignee all of Assignor’s right, title and interest in, to and under the Deed of Sub Lease, including (to the full extent assignable and transferable) all interests, benefits, rights and privileges of Assignor thereunder. Assignor will deliver possession of the Leased Premises on the effective date of this Assignment.
