Common use of - Sub-lease, assignment Clause in Contracts

- Sub-lease, assignment. 5.1 The Lessee shall at no time acquire ownership of the leased Equipment, nor shall the Lessee acquire any title or right to the Equipment other than the right to lease the Equipment in accordance with the terms of this Agreement. 5.2 The Lessee shall not sub-lease any Equipment or assign its rights under this Agreement or any of the Equipment covered by this Agreement to any other party without the prior written consent of the Lessor. 5.3 The Lessee shall not pledge, hypothecate, mortgage, encumber or in any manner dispose of Equipment leased under this Agreement. 5.4 The Lessee shall not remove, hide or alter any identifying marks and/or serial numbers marked or affixed to the Equipment.