Common use of Assignment; Sublease Clause in Contracts

Assignment; Sublease. Tenant will have the right to assign this Agreement or sublease the Premises and its rights herein, in whole or in part, upon receipt of Landlord’s written consent and provided that the assignee or sublessee assumes, recognizes and also agrees to become responsible to Landlord for the performance of all terms and conditions of this Agreement to the extent of such assignment or sublease. Upon consent of Landlord to Tenant assignment, Tenant will be relieved of all future performance, liabilities and obligations under this Agreement to the extent of such assignment.

Appears in 3 contracts

Samples: Land Lease Agreement, Land Lease Agreement, Land Lease Agreement

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Assignment; Sublease. Tenant will have the right to assign this Agreement or sublease the Premises and its rights herein, in whole or in part, upon receipt of with Landlord’s written consent, which consent and provided that the assignee or sublessee assumes, recognizes and also agrees to become responsible shall not be unreasonably withheld. Upon notification to Landlord for the performance of all terms and conditions of this Agreement to the extent of such assignment or sublease. Upon consent of Landlord to Tenant assignment, Tenant will be relieved of all future performance, liabilities and obligations under this Agreement to the extent of such assignmentAgreement.

Appears in 2 contracts

Samples: Structure Lease and Encroachment Agreement, Structure Lease and Encroachment Agreement

Assignment; Sublease. Tenant will have the right to assign this Agreement or sublease the Premises and its rights herein, in whole or in part, upon receipt of Landlord’s written consent and provided that the assignee or sublessee assumes, recognizes and also agrees to become responsible to Landlord for the performance of all terms and conditions of this Agreement to the extent of such assignment or sublease. Upon consent of Landlord to Tenant assignment, Tenant Xxxxxx will be relieved of all future performance, liabilities and obligations under this Agreement to the extent of such assignment.

Appears in 2 contracts

Samples: Land Lease Agreement, Land Lease Agreement

Assignment; Sublease. (a) Tenant will have the right to assign this Agreement or sublease the Premises and its rights herein, in whole or in part, upon receipt of without Landlord’s written consent and provided that the assignee or sublessee assumes, recognizes and also agrees to become responsible consent. Upon notification to Landlord for the performance of all terms and conditions of this Agreement to the extent of such assignment or sublease. Upon consent of Landlord to Tenant assignment, Tenant will be relieved of all future performance, liabilities and obligations under this Agreement to the extent of such assignment.

Appears in 1 contract

Samples: Lease Agreement

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Assignment; Sublease. Tenant will have the right to assign this Agreement or sublease the Premises and its rights herein, in whole or in part, upon receipt of without Landlord’s written consent and provided that the assignee or sublessee assumes, recognizes and also agrees to become responsible consent. Upon notification to Landlord for the performance of all terms and conditions of this Agreement to the extent of such assignment or sublease. Upon consent of Landlord to Tenant assignment, Tenant will be relieved of all future performance, liabilities and obligations under this Agreement to the extent of such assignment.

Appears in 1 contract

Samples: Option and Structure Lease Agreement

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