Common use of Assignment of Lease Clause in Contracts

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.

Appears in 5 contracts

Samples: www.gsa.gov, www.gsa.gov, www.gsa.gov

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Assignment of Lease. Except with the prior written consent of Lessor, which consent will not be withheld unreasonably, Lessee Xxxxxx 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 Xxxxxx 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.

Appears in 2 contracts

Samples: www.gsa.gov, www.gsa.gov

Assignment of Lease. Except with the prior written consent of Lessor, which consent will shall not be withheld unreasonably, Lessee must Xxxxxx shall 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 assignment, and assumption of Lease by assignee will constitute a violation of this Lease by Lessee Xxxxxx and a trespass by any authorized subtenant of Lessee or assignee. Notwithstanding the foregoing, Lessee will shall have the right to assign its contractual interest to any entity controlling, controlled or under common control with the Lessee, to any entity that acquires substantially all of the assets of Lessee the Lessee, licensed by the FCC to operate a wireless communications business business, and to any entity that acquires substantially all of the Lessee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, instances such assignee assumes in full all of the Lessee’s obligations under this Lease. The Lessee must shall notify the Lessor with a minimum written 30 days’ prior thirty (30) days notice. Such notice will shall not amend or nor modify the terms and conditions of this Lease.

Appears in 2 contracts

Samples: www.gsa.gov, www.gsa.gov

Assignment of Lease. Except with the prior written consent of Lessor, which consent will shall not be withheld unreasonably, Lessee must shall 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 assignment, and assumption of Lease by assignee will constitute a violation of this Lease by Lessee and a trespass by any authorized subtenant of Lessee or assignee. Notwithstanding the foregoing, Lessee will shall have the right to assign its contractual interest to any entity controlling, controlled or under common control with the Lessee, to any entity that acquires substantially all of the assets of Lessee the Lessee, licensed by the FCC to operate a wireless communications business business, and to any entity that acquires substantially all of the Lessee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, instances such assignee assumes in full all of the Lessee’s obligations under this Lease. The Lessee must shall notify the Lessor with a minimum written 30 days’ prior thirty (30) days notice. Such notice will shall not amend or nor modify the terms and conditions of this Lease.

Appears in 2 contracts

Samples: www.gsa.gov, www.gsa.gov

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Assignment of Lease. Except with the prior written consent of Lessor, which consent will shall not be withheld unreasonably, Lessee must shall neither transfer nor assign this Lease 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 Leaselease. Any such action taken without the express written approval, assignment assignment, and assumption of Lease lease by assignee will constitute a violation of this Lease lease by Lessee and a trespass by any authorized subtenant of Lessee or assignee. Notwithstanding the foregoing, Lessee will shall have the right to assign its contractual interest to any entity controlling, controlled or under common control with the Lessee, to any entity that acquires substantially all of the assets of Lessee the Lessee, licensed by the FCC to operate a wireless communications business business, and to any entity that acquires substantially all of the Lessee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, instances such assignee assumes in full all of the Lessee’s obligations under this Leaselease. The Lessee must shall notify the Lessor with a minimum written 30 days’ prior thirty (30) days notice. Such notice will shall not amend or nor modify the terms and conditions of this Leaselease.

Appears in 2 contracts

Samples: www.gsa.gov, www.gsa.gov

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