Common use of Assignment Sublicensing Clause in Contracts

Assignment Sublicensing. LESSEE shall not assign this Agreement, or allow it to be assigned, in whole or in part, by operation of law or otherwise, or mortgage or pledge the same, or sublet the Premises, or any part thereof, without the prior written consent of IDNR, which may be withheld for any reason or for no reason, and in no event shall any such assignment or sublicense ever release LESSEE from any obligation or liability hereunder. No assignee or sublicense holder of the Premises or any portion thereof may assign or sublicense the Premises or any portion thereof. IDNR is not required to collect any license fees or other payments from any party other than LESSEE; however, any collection by IDNR from any approved assignee or sublicense holder or any other party on behalf of ▇▇▇▇▇▇’s account is not construed to constitute a novation or a release of LESSEE from further performance of its obligations under this Agreement.

Assignment Sublicensing. LESSEE LICENSEE shall not assign this Agreement, or allow it to be assigned, in whole or in part, by operation of law or otherwise, or mortgage or pledge the same, or sublet the Premises, or any part thereof, without the prior written consent of IDNR, which may be withheld for any reason or for no reason, and in no event shall any such assignment or sublicense ever release LESSEE LICENSEE from any obligation or liability hereunder. No assignee or sublicense holder of the Premises or any portion thereof may assign or sublicense the Premises or any portion thereof. IDNR is not required to collect any license fees or other payments from any party other than LESSEELICENSEE; however, any collection by IDNR from any approved assignee or sublicense holder or any other party on behalf of ▇▇▇▇▇▇LICENSEE’s account is not construed to constitute a novation or a release of LESSEE LICENSEE from further performance of its obligations under this Agreement.