ASSIGNMENT, SUBLETTING, ETC. Tenant shall not sell, assign, mortgage, or in any manner transfer or encumber this Lease or any estate or interest hereunder, or sublet the Demised Premises or any part hereof without the previous written consent of Landlord which consent will not be reasonably withheld. In the event that Landlord consents to a sublet or assignment, one-half (1/2) of the amount by which the Basic Rent payable under the approved agreement of sublet or assignment exceeds the Basic Rent payable hereunder shall be paid to Landlord, by either Tenant, the subtenant or the assignee, as determined by Landlord, as Additional Rent hereunder. No consent or any assignment of this Lease or subletting of any or all of the Demised Premises shall be deemed to be construed as a consent by Landlord for any further or additional assignment or subletting. In the event of any assignment of this Lease the assignee shall assume, by written recordable instrument reasonably satisfactory to Landlord, the due performance of all of Tenant's obligations under this Lease. No assignment shall be valid or effective in the absence of such assumption. A true copy of such assignment and the original assumption agreement shall be delivered to Landlord ten (10) days in advance of the effective date of such assignment and assumption. Tenant hereby waives any claim for money damages which it may have based upon any assertion that Landlord has unreasonably withheld or delayed consent to any subletting or assignment. Tenant's sole remedy shall be an action for specific performance. Notwithstanding anything contained herein to the contrary, Tenant may assign or sublet all or any portion of the leased premises without the consent of the Landlord to any parent, subsidiary or affiliate of Tenant or any other entity which purchases all or substantially all of the assets of the Tenant.
ASSIGNMENT, SUBLETTING, ETC. LANDLORD'S written consent shall be required for any assignment, transfer or subletting except to another financial institution which consent shall not be unreasonably withheld.
ASSIGNMENT, SUBLETTING, ETC. Not to assign or transfer this Lease or to sublease (which term shall be deemed to include the granting of concessions and licenses and the like) all or any part of this Premises or suffer or permit this Lease or the leasehold estate hereby created or any other rights arising under this Lease to be assigned or transferred, in whole or in part, whether voluntarily, involuntarily or by operation of law, or permit the occupancy of the Premises by anyone other than Tenant without obtaining written permission of Landlord. Any attempted assignment, transfer, sublease or other transfer without Landlord's written permission, shall be void. In the event Landlord gives its written permission to an assignment or subletting of premises, in whole or in part, same shall not be deemed a release of Tenant from any liability to Landlord under this Lease. Notwithstanding the above, Tenant may grant a leasehold mortgage on its tenancy hereunder to it or its affiliates' present institutional lenders. Notwithstanding the foregoing, the Tenant may at any time and from time to time (i) transfer or assign this to any affiliate, subsidiary, parent or other person or entity controlled by Tenant, controlling Tenant or under common control of tenant. Notwithstanding the above shall be deemed a release of Tenant from liability under this lease.
ASSIGNMENT, SUBLETTING, ETC. 14.1 Tenant shall not sublet the Demised Premises, or any portion thereof, nor assign, mortgage, pledge, transfer or otherwise encumber or dispose of this Lease Agreement, or any interest therein, or in any manner assign, mortgage, pledge, transfer or otherwise encumber or dispose of its interest or estate in the Demised Premises, or any portion thereof, without obtaining Landlord's prior written express consent in each and every instance, which consent, however, to an assignment of this Lease Agreement or subletting of the Demised Premises shall not be unreasonably withheld, provided the following conditions are complied with:
ASSIGNMENT, SUBLETTING, ETC. Consent shall not be required for any assignment, transfer or subletting. Upon assignment in accordance with the foregoing, the TENANT shall remain liable for the full and faithful performance of the lease and all its terms and conditions.
ASSIGNMENT, SUBLETTING, ETC. 14.01 Tenant/Client may not assign, transfer, mortgage or encumber this Agreement, or sublet the Premises or any part thereof, or suffer or permit the Premises or any part thereof to be used or occupied by any other person or entity.
ASSIGNMENT, SUBLETTING, ETC. Tenant shall not sell, --------------------------- assign, mortgage, pledge or, in any manner, transfer or encumber this Lease or any estate or interest hereunder, or sublet the Premises or any part thereof, without the previous written consent of Landlord.** In any of the events aforesaid, Tenant nevertheless shall remain primarily liable for the payment of the Basic Rent and all additional rents, and for the performance of Tenant's other covenants and obligations hereunder. No consent to any assignment of this Lease or subletting of any or all of the premises shall be deemed or be construed as a consent by Landlord to any further or additional assignment or subletting. In the event of an assignment of this lease, the assignee shall assume, by written recordable instrument reasonably satisfactory to Landlord, the due performance of all of Tenant's obligations under this Lease. No assignment shall be valid or effective in the absence of such assumption. A true copy of such assignment and the original assumption agreement shall be delivered to Landlord within ten (10) days of the effective date of such assignment. Notwithstanding anything to the contrary herein contained, Landlord hereby gives its consent for Tenant to sublease the premises to its subsidiaries. ------------------------- ** Said consent not be unreasonably withheld. notwithstanding anything to the contrary herein contained, Landlord agrees that if it is unable to give possession of the premises to the Tenant by May 1, 1990, Tenant shall have the right to cancel this Lease.
ASSIGNMENT, SUBLETTING, ETC. Resident will not (a) sublet the Rental Unit or any part of the Rental Unit; (b) assign this Occupancy Agreement; (c) permit by any act of default; (d) offer the Rental Unit or any part of it for lease or sublease without the written consent of Owner. If owner consents to such transfer, Resident will not be relieved of any of its obligations under this Occupancy Agreement unless expressly released from such obligations in writing by Owner.
ASSIGNMENT, SUBLETTING, ETC. Tenant shall not assign or otherwise encumber this Lease without Landlord's prior written consent. Tenant may freely sublet the Demised Premises or any portion thereof as Tenant, in its sole and absolute discretion, shall deem appropriate.
ASSIGNMENT, SUBLETTING, ETC. Lessee shall not, without Lessor's prior written consent, which shall not be unreasonably withheld, assign, sublease, transfer, mortgage or encumber this lease, or the leasehold estate created hereby, in whole or in part. If Lessor should grant such consent then the assignee, sublessee, transferee, mortgagee, or beneficiary of such encumbrance shall enter into a direct covenant with Lessor to keep and perform the terms and conditions of this lease and copies of any such assignment, sublease, transfer instrument, mortgage, or encumbering instrument shall be delivered to Lessor and no such assignment, sublease, transfer, mortgage or encumbrance shall relieve Lessee of its obligations hereunder. In the event Lessor should consent to any specific assignment, subletting, transfer, mortgage or encumbrance such assignee, sublessee, transferee, mortgagee or beneficiary of such encumbrance may not further assign, sublease, transfer, mortgage or encumber this lease without the specific prior written consent of Lessor.
