Lessee Assignment Clause Samples
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Lessee Assignment. Lessee may not assign this Lease without Lessor’s prior written consent, such consent not to be unreasonably withheld. In the event Lessor consents to such assignment, the assignee must assume all liabilities hereunder. Additionally, the assignee shall pay to Lessor any and all unpaid sums due and owing by Lessee to Lessor in accordance with this Lease as of the date of assignment.
Lessee Assignment. Lessee may not assign this Lease without Lessor’s prior written consent, such consent shall not be unreasonably withheld. In the event Lessor consents to such assignment, the assignee must assume all of Lessee’s liabilities hereunder. Notwithstanding the above, this Lease may be assigned or transferred without Lessor’s consent: (i) by will or intestate succession provided that Lessor receives written notice of such transfer, along with customary documents of transfer of a leasehold in form satisfactory to Lessor, as soon as is reasonably practical; or (ii) in the exercise of any first lien mortgagee rights of foreclosure as contemplated under Article XIII below.
Lessee Assignment. Lessee shall not assign nor in any manner transfer this Lease or any interest therein, nor sublet the Premises or any part or parts thereof, nor permit occupancy by anyone other than Lessee, without the prior written consent and authority of the Lessor, which consent may be granted or withheld at the sole a subjective discretion of Lessor. Any attempt by Lessee to sublease the Boat Slip or to permit any individual other than Lessee to utilize the slip, without the prior written consent of the Lessor, shall cause this lease to become null and void and of no further force and effect and any further occupancy of the slip by the Lessee during the lease term shall be prohibited.
Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment or mortgage or pledge the same, or sublet the leased premises, in whole or in part, without the prior written consent of Lessor, which consent shall not be unreasonably withheld, and in no event shall any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.
Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same or sublet the leased premises, in whole or in part, without the prior written consent of Lessor, and in no event shall any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.
Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation, if Lessee’s voting securities are not traded on any national securities exchange, by transfer of more than a twenty five percent (25%) interest in Lessee in a single transaction or in a series of transactions, which transfer will be deemed an assignment) or mortgage or pledge the same or sublet the Leased Premises, in whole or in part, without the prior written consent of Lessor which consent may not be unreasonably withheld, conditions or delayed, in Lessor’s sole discretion, be withheld, and in no event will any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. Lessee may assign, in whole or in part, this Lease to an affiliate without the prior written consent of Lessor; provided, however, such assignee must be of the same or better credit risk as Lessee and of the same or similar type of business as Lessee. It shall not be deemed an assignment in the event Lessee’s stock becomes publicly traded or Lessee’s business is sold. No assignee or sublessee of the Leased Premises or any portion thereof may assign or sublet the Leased Premises or any portion thereof.
Lessee Assignment. It has not consented to any assignment by the Lessee of its rights under the Lease except as required pursuant to the Existing Financing Documents or, so far as it is aware, to any transfer of possession of the Aircraft, except as permitted by the terms of the Lease.
Lessee Assignment. Except for an assignment to an affiliate and except in the case of a merger or consolidation by Lessee with or into another entity, Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, or mortgage or pledge the same or sublet the Leased Premises, in whole or in part, without the prior written consent of Lessor which consent may not be unreasonably withheld, and in no event will any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder unless consented to by Lessor. No assignee or sublessee of the Leased Premises or any portion thereof may assign or sublet the Leased Premises or any portion thereof.
Lessee Assignment. Lessee may sell, transfer or assign this Lease with Lessor’s prior written consent.
Lessee Assignment. Lessee shall not assign or in any manner transfer this Lease or any estate or interest therein, or sublet the leased premises or any part thereof, or grant any license, concession, or other right of occupancy of any portion of the leased premises without the prior written consent Lessor. Lessor shall not unreasonably withhold or delay granting its prior written consent to an assignment of this Lease or to a sublease proposed by Lessee; provided, however, it is agreed that withholding of said consent by Lessor to a proposed assignment or sublease where the proposed assignee or Sublessee has a financial net worth greater than or equal to that of Lessee's shall be deemed unreasonable. Consent by Lessor to one or more assignments or sublettings shall not operate as a waiver of Lessor's rights as to any subsequent assignments and sublettings. Notwithstanding anything to the contrary contained herein, provided that any original guarantee or comparable guarantee is still in place or has been waived or released by Lessor, Lessee may, without any further consent of Lessor, at any time assign or otherwise tranfer this Lease or any portion thereof to any parent, subsidiary, or affiliate corporation or entity or to any corporation resulting from the consolidation or merger of Lessee into or with any other business organization, or to any person, firm, or corporation acquiring a majority of Lessee's issued and outstanding capital stock or a substantial part of the entirety of Lessee's physical assets (not just those located in the leased premises). As used herein, the expression "affiliate corporation or
