Common use of Sublet and Assignment Clause in Contracts

Sublet and Assignment. Tenant may not sublet Property in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; no estate shall pass out of Landlord and this Lease shall create a usufruct only.

Appears in 11 contracts

Sources: Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC), Lease Agreement (Landa App LLC)

Sublet and Assignment. Tenant may not sublet Property in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; no estate shall pass out of Landlord and this Lease shall create a usufruct only. In the event Landlord shall assign this Lease, the assignee thereof shall be responsible to timely pay Brokers all commissions and other sums owed to them hereunder.

Appears in 8 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

Sublet and Assignment. Tenant may not sublet Property Premises in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; . While Tenant may use and enjoy the Property to the fullest extent permitted in this Lease, no estate shall pass out of or permanent legal interest in the Property is being transferred or conveyed by Landlord and this Lease shall create a usufruct onlyto Tenant herein.

Appears in 6 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Sublet and Assignment. Tenant may not sublet Property Premises in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; . While Tenant may use and enjoy the Premises to the fullest extent permitted in this Lease, no estate or permanent legal interest in the Premises is being transferred or conveyed by Landlord to Tenant herein. Landlord shall pass out of Landlord and have the right to assign this Lease shall create to a usufruct onlysubsequent owner of the Premises.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Sublet and Assignment. Tenant may not sublet Property Premises in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; no estate shall pass out of Landlord and this Lease shall create a usufruct only.

Appears in 1 contract

Sources: Lease Agreement

Sublet and Assignment. Tenant may not sublet Property in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; no estate shall pass out of Landlord and this Lease shall create a usufruct u ufruct only. In the event Landlord shall assign this Lease, the assignee thereof shall be responsible to timely pay Brokers all commissions and other sums owed to them hereunder.

Appears in 1 contract

Sources: Commercial Lease Agreement

Sublet and Assignment. Tenant may not NOT sublet the Property in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; hereto and no estate shall pass out of Landlord and this Lease shall create Landlord. ▇▇▇▇▇▇ has only a usufruct onlynot subject to levy and sale.

Appears in 1 contract

Sources: Lease Agreement

Sublet and Assignment. Tenant may not sublet Property in whole or in part or assign this Lease without the prior written consent of Landlord. This Lease shall sha l create the relationship of Landlord and Tenant between the parties hereto; no estate shall pass out of Landlord and this Lease shall create a usufruct only. In the event Landlord shall assign this Lease, the assignee thereof shall be responsible to timely pay Brokers a l commissions and other sums owed to them hereunder.

Appears in 1 contract

Sources: Commercial Lease Agreement

Sublet and Assignment. Tenant may not sublet Property Premises in whole or in part or assign this Lease without the prior written consent of LandlordofLandlord. This Lease shall create the relationship of Landlord and Tenant between the parties hereto; . While Tenant may use andenjoythe Property to the fullest extent permitted in this Lease, no estate shall pass out of or permanent legal interest in the Property is being transferred or conveyed by Landlord and this Lease shall create a usufruct onlyto Tenant herein.

Appears in 1 contract

Sources: Lease Agreement