Assignment or Subletting by Tenant. 17.1. Except as may be specifically set forth in this section 17 of the Agreement, the Tenant shall not:
Assignment or Subletting by Tenant. Except as permitted under Section 15.3.D of this Lease, Tenant may not assign or transfer its interest in this Lease without Landlord’s prior written consent, which consent shall not be unreasonably withheld. Tenant may sublet any portion of the Leased Premises subject to the Landlord’s right to approve any subtenant, which approval shall not be unreasonably withheld or delayed. Consent to an assignment, transfer or sublease shall not be interpreted as consent to any renewal, additional or subsequent assignment, transfer or sublease.
Assignment or Subletting by Tenant. Tenant shall not, either voluntarily or by operation of law, assign, transfer, mortgage, pledge, hypothecate or encumber this Lease, or any interest therein, and shall not sublet the Premises, or any part thereof, without obtaining the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. In connection with any such assignment or sublease, Tenant or the assignee or subtenant of Tenant shall pay to Landlord any legal and administrative costs incurred by Landlord in approving such assignment or subletting, not to exceed $750.00. The acceptance of rent from any other party shall not be deemed to be a waiver of any of the provisions of this Lease, or deemed consent to the assignment or subletting of the Premises. Consent to any assignment or subletting shall not be deemed consent to any future assignment or subletting. Notwithstanding the foregoing, Tenant shall have the absolute right (without obtaining Landlord’s prior written consent which shall not be required) to assign this Lease in whole or in part or to sublet all or any portion of the Premises to: any affiliate controlling, controlled by or under common control with Tenant; an entity into which Tenant merges or consolidates; or to a purchaser of all or substantially all of the assets of Tenant, if the assignee or sublessee agrees, in writing delivered to Landlord, to abide by all the provisions under this Lease.
Assignment or Subletting by Tenant. Except as hereinafter provided, Tenant shall not assign, transfer, pledge, hypothecate or encumber this Lease or any interest herein, or sublet the Demised Premises or any part thereof or any right or privilege appurtenant thereto, or allow any person other than Tenant and its agents, managers, concessionaires, licensees, employees, residents, patients and medical staff to occupy or use the Demised Premises or any part thereof without Landlord's prior written consent, which consent shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, Landlord's consent shall not be required for, and this Section 10.1 shall not prohibit, (i) an assignment to a corporate parent, affiliate or subsidiary of Tenant, or any joint venture, partnership or other entity, provided such assignee is either Integrated Living Communities, Inc. ("ILCI") or is "controlled" directly or indirectly by ILCI (the term "control" as used herein shall be deemed to mean ownership of at least 50% of the outstanding voting stock of a corporation, or other majority equity and voting interest if not a corporation); (ii) an assignment in connection with the sale of ten percent (10%) or more of ILCI's assets and (iii) an assignment in connection with a merger or consolidation. Any unauthorized assignment or sublease shall be voidable and shall constitute a breach of this Lease at Landlord's option. No assignment of this Lease shall be binding on Landlord until (a) a duplicate original of such assignment, duly executed by the assignor shall be delivered to Landlord, and (b) the assignee shall execute and deliver to Landlord an instrument in and by which the assignee shall assume and agree to perform, from and after the effective date of the assignment, all of the terms, covenants and conditions of this Lease on Tenant's part to be performed. At least thirty (30) days prior to the effectiveness of any assignment as to which Landlord's consent is required, Tenant shall deliver to Landlord a package of relevant information concerning the assignee. For purposes of this Lease, any sale or transfer of a controlling interest in Tenant shall be deemed an assignment of this Lease. No assignment, sale, transfer, pledge, hypothecation or encumbrance shall relieve Tenant of any obligation contained in this Lease. Tenant shall pay all of Landlord's reasonable costs and expenses (not in excess of $2,500), including reasonable attorney's fees, incurred in connection with any assignment, sale, tr...
Assignment or Subletting by Tenant. 25 18 SIGNS, DISPLAYS AND ADVERTISING............................................................................................. 29 19
Assignment or Subletting by Tenant. 17.1. Except as may be specifically set forth in this section 17 of this Agreement, the Tenant shall not, without the Landlord’s prior written approval:
Assignment or Subletting by Tenant. TENANT may not assign this Lease or sublet the Demised Premises without the prior written permission of LANDLORD. LANDLORD shall reply in writing within fifteen (15) days of TENANT’S written request to assign this Lease or sublet the Demised Premises or such request shall be deemed approved hereunder. The written permission of LANDLORD pursuant to this paragraph shall not be unreasonably withheld, conditioned or delayed. Unless LANDLORD and TENANT agree to the contrary in writing, in the event of an assignment of this Lease, TENANT shall remain liable for the performance of all TENANTS obligations pursuant to this Lease. Should any subletting or assignment result in the receipt by TENANT of any amounts in excess of the amounts due to LANDLORD pursuant to the terms of this Lease, including but not limited to annual basic rent or additional rent, TENANT shall pay or cause to be paid to LANDLORD fifty percent (50%) of such increase or increases, after TENANT deducts all reasonable costs associated with finding, securing and placing any subtenant(s) or assignee(s).
Assignment or Subletting by Tenant. 17.1. Tenant shall have the absolute right to assign this Agreement or sublease all or a portion of the Premises without the prior written consent of the Landlord (a “Permitted Assignment”), subject, however, to the following express limitations:
Assignment or Subletting by Tenant. Tenant shall not assign this lease or any interest herein, or sublet the leased premises or any part thereof or any right or privilege appurtenant thereto, or allow any person other than Tenant and its agents, employees, patients and medical staff to occupy or use the premises or any part thereof without Landlord's written consent (and the consent of any mortgagee of the premises). This section shall not prohibit assignment to affiliated entities of Tenant so long as the assignee complies with subdivisions (a) and (e) of this section. Any unauthorized assignment or sublease shall be voidable and shall constitute a breach of this lease at Landlord's option. Landlord and any mortgagee shall not unreasonably withhold its consent to assignment or subletting of this lease. The Landlord (and any mortgagee) may withhold its consent if any of the following facts do not exist:
Assignment or Subletting by Tenant. Tenant shall not have ---------------------------------- the right to assign, sublet or transfer any or all of its rights and privileges under this Agreement, without the prior written consent of Landlord, which shall not be unreasonably withheld, except that Tenant may assign this Agreement to any purchaser of Tenant's methanol plant as a going concern.
