Sublet. Any transfer, sublet, assignment, license or concession agreement, change of ownership, mortgage, or hypothecation of this Lease or the Tenant's interest in the Lease or in and to all or a portion of the Premises.
Sublet. A sublet occurs when the tenant moves out of the rental unit, lets another person (the ‘sub-tenant’) live there until a specified date, and can return to live in the unit before the tenancy ends. The tenancy agreement and the landlord-tenant relationship do not change. A tenant who sublets a rental unit cannot: • charge a higher rent than the landlord does for the rental unit, • collect any additional fees for subletting the rental unit, or • charge the sub-tenant for additional goods or services.
Sublet. Any transfer, sublet, assignment, license or concession agreement, change of ownership, mortgage, or hypothecation of this Lease or the Tenant's interest in the Lease or in and to all or a portion of the Premises. As used herein, a Sublet includes the following: (i) if Tenant is a partnership or a limited liability company, a transfer, voluntary or involuntary, of all or any part of any interest in such partnership or limited liability company, or the dissolution of the partnership or limited liability company, whether voluntary or involuntary; (ii) if Tenant is a corporation, any dissolution, merger, consolidation or other reorganization of Tenant, or the transfer, either by a single transaction or in a series of transactions, of a controlling percentage of the stock of Tenant (except that a Sublet shall not include any such transfer of a controlling percentage of the stock of Tenant occurring at a time when the stock of Tenant is publicly traded on a nationally recognized stock exchange or over the counter), or the sale, by a single transaction of or series of transaction, within any one (1) year period, of corporate assets equaling or exceeding twenty percent (20%) of the total value of Tenant's assets (except in connection with an initial public offering of the stock of Tenant on a nationally recognized stock exchange or over the counter); (iii) if Tenant is a trust, the transfer, voluntarily or involuntarily, of all or any part of the controlling interest in such trust; and (iv) if Tenant is any other form of entity, a transfer, voluntary or involuntary, of all or any part of any interest in such entity. As used herein, the phrases "controlling percentage" and "controlling interest" means the ownership of, and/or the right to vote, stock, partnership interests, membership interests, or other indicia of ownership possessing at least fifty-one percent (51%) of either the total combined interests in Tenant, or the voting power of all classes of Tenant's capital stock, partnership interests, membership interests, or other indicia of ownership, that have been issued, outstanding, and (if applicable) are entitled to vote.
Sublet. The Hiree shall keep the equipment in the sole possession of the Hiree and refrain from selling, assigning, mortgaging or letting the Equipment (or any part thereof). Except in the case of an Agent who may sub-let the Equipment after first obtaining permission of the Hirer to any sub-letting and the terms thereof.
Sublet. Any assignment or transfer of any estate or interest in this Lease; any subletting or parting with or sharing of the occupation, control, or possession of the Premises, or of any part thereof or any right or privilege appurtenant thereto; allowing anyone to conduct business at or from the Premises (whether as concessionaire, franchisee, licensee, permittee, subtenant or otherwise); if Tenant is a corporation, any transfer of the effective voting control of Tenant; if Tenant is a partnership or limited liability company, any transfer of forty percent (40%) or more, in the aggregate, of the interests in either capital or profits of Tenant; any other transfer by voluntary or involuntary act or by operation of law (including by merger or consolidation); or any attempt to do any of the foregoing.
Sublet. The LESSEE agrees not to assign this LEASE or sublet the property or any part thereof without the previous written consent of the LESSOR. LESSOR issues no Transfer Clause in this LEASE, therefore, transfer or loss of employment or withdrawal from school will not constitute sufficient justification for not completing the term of this LEASE. Furthermore, if the terms of this LEASE are not completed, LESSEE agrees to forfeit Security Deposit as well as accepts liability for monthly rent payments until a suitable tenant has been found to lease the unit.
Sublet. The condominium or home or any part thereof may not be sublet or this agreement assigned without the written consent of Xxxxxx Xxxxxxxx Realty Group, Inc. MAID SERVICE/SPECIAL REQUESTS: While linens and bath towels are included in each unit, daily maid service is not. If you desire housekeeping services, we can provide you with a list of Housekeepers and you may contract with them directly based upon your individual needs. The linens in the unit have been inventoried prior to your arrival. RADON GAS: Radon Gas is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. Xxxxxx makes no representations about the existence of radon gas on the subject. ATTORNEY’S FEES: In the event any dispute arises under this Lease between Agent, Owner and Guest, the prevailing party in such litigation shall be entitled to collect reasonable costs and attorney’s fees, at trial and on appeal. Venue shall be Lee County, Florida and this Lease shall be governed by the laws of the State of Florida.