Common use of Assignability and Encumbrance Clause in Contracts

Assignability and Encumbrance. 5.5.1 Except for the sub-leasing the use of the Leased Area as per the terms of this Agreement, the Lessee shall not assign any of its rights, or interest in this Agreement in favour of any entity/person(s) at any time and for any reasons whatsoever.

Appears in 11 contracts

Samples: Lease Agreement, Escrow Agreement, Lease Agreement

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Assignability and Encumbrance. 5.5.1 Except for the sub-leasing the use of the Leased Area Land (area) as per the terms of this Agreement, the Lessee shall not assign any of its rights, or interest in this Agreement in favour of any entity/person(s) at any time and for any reasons whatsoever.

Appears in 1 contract

Samples: Lease Agreement

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