No Sublease or Assignment. Resident shall not rent, sublease, transfer, or assign Resident’s assigned room or apartment to any person for any reason.
No Sublease or Assignment. The Tenant shall not allow any other party or parties to occupy any portion of the hangar or tie- down area either by assignment, sublease, license, or permit. Tenants who sell their aircraft to a new owner must inform Xxxxxx County within 30 days.
No Sublease or Assignment. Borrower shall not consent to any ------------------------- subletting of the Mortgaged Property or any part thereof, nor to any assignment of any Lease by any Lessee thereunder, nor to any assignment or further subletting of any sublease, without obtaining in each instance the prior written consent of Lender which shall not be unreasonably withheld.
No Sublease or Assignment. The Tenant shall not allow any other party or parties to occupy any portion of the hangar or tie-down area either by assignment, sublease, license, or permit. Tenants who no longer have an operational aircraft to store must inform Xxxxxx County within 10 calendar days.
No Sublease or Assignment. Grantor shall not consent to any subletting of the Mortgaged Property or any part thereof, nor to any assignment of any Lease by any Lessee thereunder, nor to any assignment or further subletting of any sublease, without obtaining in each instance the prior written consent of Xxxxxx.
No Sublease or Assignment. Westaim shall not sublet, assign or part with possession of the Equipment or permit its use by any other Person other than Westaim, except for sublets or assignments to an Affiliate of Westaim where Westaim remains responsible to S&N for the performance of all obligations under this Agreement. Nothing herein contained shall release Westaim from its obligations to perform any duty, covenant or condition required to be performed under this Agreement.
No Sublease or Assignment. Tenant shall not sublease, assign, mortgage, pledge, or otherwise encumber this Lease or any of its rights hereunder, except with the prior written consent of Landlord; which consent shall not be unreasonably withheld based upon the reasonable approval of the financial responsibilities and capabilities and general character of any proposed assignee or subtenant; provided, however, in the event of any assignment or sublease of all or any part of the Premises the Tenant shall remain fully liable and responsible for the obligations imposed under this Lease. Notwithstanding the foregoing to the contrary, Landlord's consent shall not be required in the event of Tenant's merger or consolidation with any entity which controls or is controlled by Tenant or is under common control with Tenant.
No Sublease or Assignment. The Lessee shall not assign, sublease, pledge, encumber, convey or otherwise transfer all or any part of its interest in this Lease without the prior written consent of the Lessor, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, Lessee shall be permitted, upon prior written notice to Lessor, to transfer its interest herein to any wholly owned subsidiary of Lessee or to an affiliated company for which at least fifty percent (50%) of its stock is owned directly by a majority of the same owners of Lessee, provided that Lessee shall remain liable for all of its obligations and liabilities under this Lease. For purposes of this Section 6.1, a merger of the Lessee or the sale of fifty percent (50%) or more of the stock of the Lessee shall constitute a transfer, except when the Lessee is the continuing corporation of such merger or the transferee is a subsidiary or an affiliate of Lessee and the requirements of the preceding sentence are satisfied.
No Sublease or Assignment. Lessee shall not transfer, deliver up possession of, or sublet the Equipment, and this Lease and the rights and obligations thereunder shall not be assignable by Lessee without the written consent of the Lessor, which consent may not be unreasonably withheld. Lessor may at any time, whether with or without notice to lessee, assign, pledge, mortgage, transfer, or otherwise dispose of, either in whole or in part, its rights hereunder.
No Sublease or Assignment by Lessee nor any consent by Lessor thereto shall relieve Lessee of any obligation to be performed by Lessee under this Lease. Any Sublease or Assignment that is not in compliance with this Section 12 shall be null and void and, at the option of Lessor, shall constitute a noncurable default by Lessee under this Lease and Lessor shall be entitled to pursue any right or remedy available to Lessor under the terms of this Lease or under applicable law. The acceptance of any Rent or other payments by Lessor from a proposed Transferee shall not constitute Consent to such Sublease or Assignment by Lessor or a recognition of any Transferee, or a waiver by Lessor of any failure of Lessee to comply with this Section 12.
