Assignment of Lease Sample Clauses

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. 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 daysprior 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. An assignment and assumption of the Lease, in the form of Exhibit F attached hereto and incorporated herein by this reference ("ASSIGNMENT OF LEASE").
Assignment of Lease. Landlord shall not (a) Transfer all or any portion of its right, title or interest under this Lease except pursuant to a Permitted Sale, or (b) create a Lien on all or any portion of its right, title or interest under this Lease except (i) a Permitted Landlord Lien, (ii) a Lien which Tenant is contesting in accordance with a Permitted Tenant Contest, or (iii) a Lien which Landlord is contesting in accordance with a Permitted Landlord Contest.
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. Lessee acknowledges and agrees that Lessor may sell, assign, mortgage, or otherwise transfer its interest hereunder and/or in the Equipment to others ("Assignees") without any consent of Lessee, provided however that Lessee shall be promptly notified of any assignment and that each Assignee shall expressly take assignment subject to this Lease and the Charter and agree to recognize Lessee's rights under this Lease, including expressly the right to quiet enjoyment, use and possession of the Equipment so long as no Event of Default exists under the Lease, during, and pursuant to Section 21.2 after, the term of this Lease; provided further that, notwithstanding the foregoing, if such Assignee is PDS Funding 2004-A, LLC or any of its successors or assigns, such assignment shall be taken subject to the terms of that certain Notice, Consent and Acknowledgment of Assignment or Sale of even date herewith by and among Lessor, Lessee, PDS, Cruise II, ITG, ITG Palm Beach, LLC and International Thoroughbred Breeders, Inc. Accordingly, Lessee and Lessor agree that upon such assignment, Lessee (i) shall acknowledge such assignment in writing by executing a Notice, Consent and Acknowledgment of Assignment furnished by Lessor; (ii) shall promptly pay all Rent when due to the designated Assignees, notwithstanding any defense, setoff, abatement, recoupment, reduction or counterclaim whatsoever that Lessee may have against Lessor; (iii) shall not permit the Lease, the Charter or any Lease Schedule so assigned to be amended or the terms thereof waived without the prior written consent of the Assignees; (iv) shall not require the Assignees to perform any obligations of Lessor under such Lease Schedule; (v) shall not terminate or attempt to terminate the Lease, the Charter or any Lease Schedule on account of any default by Lessor, so long as such default does not result in the denial of Lessee's quiet enjoyment, use and possession of the Equipment; and (vi) acknowledges that any Assignee may reassign its rights and interest with the same force and effect as the assignment described herein. Lessee shall not assign this Lease, the Charter or any Lease Schedule or assign its rights in or sublet the Equipment, or any interest therein, except pursuant to that certain Sub-Bareboat Charter of even date herewith between Lessee and ITG, without Lessor's and its Assignee's prior written consent, which consent shall not be unreasonably withheld.
Assignment of Lease. Execute and deliver to Purchaser an assignment of all of Seller's right, title and interest in and to the Lease in substantially the form attached as Exhibit "C" ("Assignment"), together with such consents to and notices of such assignment as may be required under the Lease;
Assignment of Lease. (a) Tenant will not assign, transfer, mortgage or otherwise encumber this Lease or sublet or rent (or permit occupancy or use of) the premises, or any part thereof, without obtaining the prior written consent of Landlord, any consent to be at Landlord's sole discretion and Landlord may unreasonably withhold its consent, nor shall any assignment or transfer of this or the right of occupancy hereunder be effectuated by operation of law or otherwise without the prior written consent of Landlord. If Tenant is a corporation or partnership, any transfer of a majority or controlling interest of Tenant's issued and outstanding capital stock or partnership interests shall be deemed an assignment under this Lease and shall require Landlord's prior written consent. The consent by Landlord to any assignment or subletting shall not be construed as a waiver or release of Tenant from the terms of any covenant or obligation under this Lease, nor shall the collection or acceptance of rent from any such assignee, subtenant or occupant constitute a waiver or release of Tenant of any covenant or obligation contained in this Lease, nor shall any such assignment or subletting be construed to relieve Tenant from obtaining the consent in writing of Landlord to any further assignment or subletting. In the event that Tenant defaults hereunder, Tenant hereby assigns to Landlord the rent due from any subtenant, assignee or any other occupant holding the premises or any portion thereof under the Tenant, and hereby authorizes each subtenant to pay said rent directly to Landlord.