Restriction on Assignment or Other Transfer Sample Clauses

Restriction on Assignment or Other Transfer. Lessee covenants and agrees for Lessee and its successors, assigns and legal representatives that neither this Lease nor the Lease Term and estate hereby granted, nor any part hereof or thereof, will be assigned or mortgaged, pledged or encumbered by Lessee or otherwise transferred (whether voluntarily, involuntarily, by operation of law, or otherwise) or for any purpose other than as set forth herein, without the prior written consent of Lessor in every case (a "Transfer"), except in accordance with this Article IV. For the purposes of this Article IV, a Transfer shall be deemed to include any transfer, assignment or encumbrance of the controlling interests in Lessee, whether occurring by reason of one transaction or cumulatively in any two or more transactions; provided, however, a Transfer shall not be deemed to occur solely as a result of the death of any natural person or the transfer of any interest to a trust for estate-planning purposes without the release of the transferor, and a merger or consolidation in which Lessee is the surviving entity shall not require the consent of Lessor. A Transfer of the Lease to an entity owned by Lessee or under common control with Lessee shall not require the consent of Lessor provided that the Lessee named herein shall remain liable for all obligations hereunder. If the Transfer involves an assignment of this Lease, the assignee shall execute and deliver to Lessor an agreement in form and substance in all respects reasonably satisfactory to Lessor whereby such assignee assumes and agrees to be bound by and perform all of the obligations of Lessee under this Lease.

Restriction on Assignment or Other Transfer. Lessee covenants and agrees for Lessee and its successors, assigns and legal representatives that neither this Lease nor the Lease Term and estate hereby granted, nor any part hereof or thereof, will be assigned or mortgaged, pledged or encumbered by Lessee or otherwise transferred (whether voluntarily, involuntarily, by operation of law, or otherwise) or for any purpose other than as set forth herein, without the prior written consent of Lessor in every case (a "Transfer"), except in accordance with this Section. For the purposes of this Section, a Transfer shall be deemed to include any transfer, assignment or encumbrance of the controlling interests in Lessee, whether occurring by reason of one transaction or cumulatively in any two or more transactions; provided, however, for purposes of this Section, a change in the control of Lessee, a corporation whose stock is publicly traded on a national stock exchange, shall not be deemed a Transfer. Any sublease of more than 20% of the leaseable floor area of the Premises will be deemed a Transfer; provided, however, that room rental or occupancy agreements, however designated, in the ordinary course of business will not require Lessor's consent or be deemed a Transfer. If the Transfer involves an assignment of this Lease, the assignee shall execute and deliver to Lessor an agreement in form and substance in all respects reasonably satisfactory to Lessor whereby such assignee assumes and agrees to be bound by and perform all of the obligations of Lessee under this Lease.

Restriction on Assignment or Other Transfer. Lessee covenants and agrees for Lessee and its successors, assigns and legal representatives that neither this Lease nor the Lease Term and estate hereby granted, nor any part hereof or thereof, will be assigned, mortgaged, pledged or encumbered by Lessee or otherwise transferred (whether voluntarily, involuntarily, by operation of law, or otherwise) or for any purpose other than as set forth herein, without the prior written consent of Lessor in every case (a “Transfer”), except in accordance with this Section (such consent shall not be unreasonably withheld, delayed or conditioned provided the conditions in Section 4.02 have been satisfied). For the purposes of this Section, a Transfer shall be deemed to include any transfer, assignment or encumbrance of the controlling interests in Lessee, whether occurring by reason of one transaction or cumulatively in any two or more transactions; and in any event a Transfer shall not be deemed to occur solely as a result of the death of any natural person or the transfer of any interest to a trust for estate planning purposes without the release of the transferor.

Restriction on Assignment or Other Transfer. Section 4.02. Information About Proposed Transferee Section 4.03. Terms Relating to Consent Section 4.04. Subleases Section 4.05. Original Documents to Lessor Section 4.06. Effect of Transfer Section 4.07. Collection of Rent Section 4.08. Affiliate Transfers