Common use of SUB-LEASE Clause in Contracts

SUB-LEASE. This Lease shall not be assigned nor the Premises sub-leased without the prior written consent of Lessor. It is the sole responsibility of Lessee to find and secure any sub- lessee. Any sub-lessee must follow qualification procedures. All sub-lessees must agree to any sub-lease and sign the sub-lease form. Any security deposits collected from a sub-lessee will be held and governed by Lessee, not by the Lessor. Lessor will refund any security deposit only as provided in this Lease. Consent to a sub-lease does not nullify this Lease and this Lease continues in effect for the full term of the Lease. Further, consent to a sub-lease does not release Lessee from Lessee’s obligations under this Lease. A sub-lease fee of $20.00 will be assessed for each sub-lease.