Common use of Assignment or Sublease Clause in Contracts

Assignment or Sublease. LESSEE shall not assign this Lease, sublease the Premises, or allow anyone else to use or occupy any part of the Premises, without LESSOR'S prior written consent, which consent shall not unreasonably be withheld. LESSOR may assign this Lease to any subsequent purchaser of the Premises, and upon such assignment shall be released from all rights and obligations under this Lease.

Appears in 9 contracts

Sources: Commercial Lease, Commercial Lease, Commercial Lease

Assignment or Sublease. LESSEE Lessee shall not assign this Lease, sublease Lease or sublet the Premises, or allow anyone else to use or occupy any part of the Premises, Premises or this Lease without LESSOR'S the prior written consent, which consent shall not unreasonably be withheld. LESSOR may assign this Lease to any subsequent purchaser of the Premises, and upon such assignment shall be released from all rights and obligations under this LeaseLessor.

Appears in 1 contract

Sources: Lease Agreement

Assignment or Sublease. LESSEE shall not assign this Lease, sublease the Premises, or allow anyone else to use or occupy any part of the Premises, without LESSOR'S prior written consent, which consent shall not unreasonably be withheld. LESSOR may assign this Lease to any subsequent purchaser of the Premises, and upon such assignment shall be released from all rights and obligations under this LeaseLease arising thereafter such date of assignment, provided LESSOR uses best efforts to obtain a subordination and non-disturbance agreement similar in term to the attached Exhibit "B".

Appears in 1 contract

Sources: Commercial Lease (Guitar Center Inc)