Common use of Assignment of Sublease Rents Clause in Contracts

Assignment of Sublease Rents. Tenant hereby absolutely and irrevocably assigns to Landlord any and all rights to receive rent and other consideration from any sublease and agrees that Landlord, as assignee or as attorney-in-fact for Tenant for purposes hereof, or a receiver for Tenant appointed on Landlord’s application may (but shall not be obligated to) collect such rents and other consideration and apply the same toward Tenant’s obligations to Landlord under this Lease; provided, however, that Landlord grants to Tenant at all times during which there is no Event of Default a revocable license to collect such rents (which license shall automatically and without notice be deemed to have been revoked and terminated immediately upon and during the continuance of any Event of Default).

Assignment of Sublease Rents. Tenant hereby absolutely and irrevocably assigns to Landlord any and all rights to receive rent and other consideration from any sublease and agrees that Landlord, as assignee or as attorney-in-fact for Tenant for purposes hereof, or a receiver for Tenant appointed on Landlord’s 's application may (but shall not be obligated to) collect such rents and other consideration and apply the same toward Tenant’s 's obligations to Landlord under this Lease; provided, however, that Landlord grants to Tenant at all times during which there is no prior to occurrence of an Event of Default by Tenant a revocable license to collect such rents (which license shall automatically and without notice be and be deemed to have been revoked and terminated immediately upon and during the continuance of any Event of Default).

Assignment of Sublease Rents. Tenant hereby absolutely and irrevocably assigns to Landlord any and all rights to receive rent and other consideration from any sublease and agrees that Landlord, as assignee or as attorney-in-fact for Tenant for purposes hereof, or a receiver for Tenant appointed on Landlord’s application may (but shall not be obligated to) collect such rents and other consideration and apply the same toward Tenant’s obligations to Landlord under this Lease; provided, however, that Landlord grants to Tenant at all times during which there is no tunes prior to occurrence of any Event of Default a revocable license to collect such rents (which license shall automatically and without notice be deemed to have been revoked and terminated immediately upon and during the continuance of any Event of Default).

Assignment of Sublease Rents. Tenant hereby absolutely and irrevocably assigns to Landlord any and all of its rights to receive rent and other consideration from any sublease sublease, and agrees that Landlord, as assignee or as attorney-in-fact for Tenant for purposes hereof, or a receiver for Tenant appointed on Landlord’s application 's application, may (but shall not be obligated to) collect such rents and other consideration and apply the same toward Tenant’s 's obligations to Landlord under this Lease; provided, however, that Landlord grants to Tenant at all times during which there is no prior to occurrence of any Event of Default by Tenant a revocable license to collect such rents (which license shall automatically and without notice be deemed to have been revoked and terminated immediately upon and during the continuance occurrence of any an Event of DefaultDefault by Tenant).