Common use of ASSIGNMENTS AND SUB-SUBLEASES Clause in Contracts

ASSIGNMENTS AND SUB-SUBLEASES. (1) The Sublessee will not assign, sub-sublet, assign a sub-sublease or grant a security interest assignment either expressly or by implication, the whole or any part of this Sublease, the Sublease Premises, or any improvement on the Sublease Premises without the written consent of the Borough. Any such attempted assignment or sub- subletting shall be void and of no force or effect and may, at the option of the Borough, be deemed a material breach and a basis for termination of this Sublease.

Appears in 4 contracts

Samples: Airline Operating Agreement, Airline Operating Agreement, Airline Operating Agreement

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ASSIGNMENTS AND SUB-SUBLEASES. (1) The Sublessee will not assign, sub-sublet, assign a sub-sublease or grant a security interest assignment either expressly or by implication, the whole or any part of this Sublease, the Sublease Premises, or any improvement on the Sublease Premises without the written consent of the Borough. Any such attempted assignment or sub- sub-subletting shall be void and of no force or effect and may, at the option of the Borough, be deemed a material breach and a basis for termination of this Sublease.

Appears in 1 contract

Samples: Airline Operating Agreement

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