Common use of Sublease and Assignment Clause in Contracts

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee agreement to be bound by the terms and conditions of this lease and any amended terms. Lessee shall remain fully liable for its obligations under this lease, including but not limited to payment of rent and other sums due in accordance with the terms of this lease. State may assign the lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease that survive termination of the lease. Unless released in writing, Xxxxxx’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee agreement to be bound by the terms and conditions of this lease and any amended terms. Lessee shall remain fully liable for its obligations under this lease, including but not limited to payment of rent and other sums due in accordance with the terms of this lease. State may assign the lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease that survive termination of the lease. Unless released in writing, XxxxxxLessee’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee sublessee’s agreement to be bound by the terms and conditions of this lease Lease and any amended terms. Lessee shall remain fully liable for its obligations under this leaseLease, including but not limited to payment of rent and other sums due in accordance with the terms of this leaseLease. State may assign the lease this Lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease Lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease this Lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease this Lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease this Lease that survive termination of the leasethis Lease. Unless released in writing, Xxxxxx’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee sublessee’s agreement to be bound by the terms and conditions of this lease Lease and any amended terms. Lessee shall remain fully liable for its obligations under this leaseLease, including but not limited to payment of rent and other sums due in accordance with the terms of this leaseLease. State may assign the lease this Lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease Lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease this Lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease this Lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease this Lease that survive termination of the leasethis Lease. Unless released in writing, XxxxxxLessee’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee agreement to be bound by the terms and conditions of this lease and any amended terms. Lessee shall remain fully liable for its obligations under this lease, including but not limited to payment of rent and other sums due in accordance with the terms of this lease. State may assign the lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease or any interest therein, or engage in any other transaction transaction, which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease that survive termination of the lease. Unless released in writing, Xxxxxx’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.

Sublease and Assignment. Lessee shall not sublease the Premises in whole or in part without prior written approval of State. Lessee shall obtain sublessee sublessee’s agreement to be bound by the terms and conditions of this lease Lease and any amended terms. Lessee shall remain fully liable for its obligations under this leaseLease, including but not limited to payment of rent and other sums due in accordance with the terms of this leaseLease. State may assign the lease this Lease at State’s option. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease Lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease this Lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease this Lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease this Lease that survive termination of the leasethis Lease. Unless released in writing, Xxxxxx’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.. Include below table if sublease is proposed by successful bidder Sublease Information: Sublessee: Address: Phone: Email: Description Location Grazing Premises

Sublease and Assignment. Lessee shall not have no right to assign or sublease the Premises in whole or in part without prior written approval of Statethis Outlease. Lessee shall obtain sublessee agreement to be bound by neither transfer, or assign this Outlease or any of its rights hereunder, nor sublet the terms and conditions Premises or any part thereof or any property thereon nor grant any interest, privilege or license whatsoever in connection with this Outlease. Any transfer, assignment, or sublease in violation of this lease clause shall constitute an Event of Default under Paragraph 18. Notwithstanding the foregoing, Lessee may request prior written consent from Lessor to transfer, assign, or sublease the Outlease to any subsidiary or affiliate of Lessee, and Lessor’s consent shall not be unreasonably withheld, provided Lessee at all times remains liable for the performance of all obligations under this Outlease. The term “affiliate” shall include any corporation or other entity that controls, is controlled by, or is under common control with Lessee. At the time of Lessee’s request for consent to an assign or sublease the Outlease to an affiliate, Lessee shall provide Lessor documentation supporting its request including financial information which shall include, but is not limited to, three years of tax returns, audited financial statements, a proposed assignment or sublease for Lessor’s review, and any amended termsadditional documentation reasonably requested by Lessor to verify the status of the assignee or sublessee. In the event the Lessor consents to the subleasing or assignment of this Outlease, Lessee shall remain fully liable for its obligations obligated to (i) pay rent and (ii) perform all other covenants under this lease, including but not limited to payment of rent and other sums due in accordance with the terms of this leaseOutlease. State may assign the lease at State’s optionOutlease Agreement Revised 10.19. Lessee shall not assign, hypothecate, mortgage, encumber, transfer, or otherwise alienate this lease or any interest therein, or engage in any other transaction which has the effect of transferring or affecting the rights of enjoyment of the Premises without prior written approval of State. Each permitted assignee or transferee of Lessee shall assume all obligations under the lease occurring after the date of assignment, including any amended terms. Lessee shall remain liable for any obligations occurring prior to the date of assignment. Lessee shall be jointly and severally liable with the assignee or transferee for all obligations under the lease occurring after the date of assignment with respect to those obligations that exist as of the date of assignment unless released in writing by State. State at its option may release Lessee from all but those terms and conditions of the lease that survive termination of the lease. Unless released in writing, Xxxxxx’s obligations shall continue in full force and effect until the Termination Date. State may require reimbursement for any additional administrative costs resulting from the assignment. State’s approval of a sublease or an assignment shall not constitute a waiver of State’s right to approve or disapprove subsequent subleases or assignments. State’s acceptance of payment or performance shall not constitute consent to any sublease or assignment and State’s approval shall be evidenced only by writing.2016 XXX