Delay for Sublet or Assignment Sample Clauses

The "Delay for Sublet or Assignment" clause allows a tenant to postpone certain obligations or deadlines under the lease if they are in the process of subletting the premises or assigning the lease to another party. In practice, this means that if a tenant is actively seeking approval from the landlord to sublet or assign their lease, timeframes for performance—such as vacating the premises or paying certain fees—may be extended until the landlord makes a decision. This clause helps ensure that tenants are not unfairly penalized for delays outside their control during the sublet or assignment process, providing flexibility and reducing the risk of default due to administrative holdups.