Common use of SUBLETTING AND ASSIGNING Clause in Contracts

SUBLETTING AND ASSIGNING. Tenant shall not assign, mortgage or otherwise transfer or encumber this Lease or any portion or Tenant's interest herein, or sublet all or any portion of the Demised Premises without first obtaining Landlord's prior written consent thereto, which the parties agree may be withheld for any reason whatsoever in Landlord's sole and absolute discretion. If Landlord consents to any given assignment or subletting, such consent will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgagx, xublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligations of Tenant hereunder. Notwithstanding any consent by Landlord to any subletting or assixxxxxx, in the event of any subletting or assignment of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign, mortgage or otherwise transfer or encumber assign this Lease or any portion or Tenant's interest herein, or sublet all or any portion of the Demised Premises Premises, whether voluntarily or by operation of law, without first obtaining Landlord's ’s prior written consent thereto. A transfer or sale by Tenant of a majority of the voting shares, which partnership interests or other controlling interests in Tenant, except among the parties agree may be withheld for any reason whatsoever in Landlord's sole current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Xxxxxx and absolute discretionshall require Xxxxxxxx’s prior written consent. If Landlord consents to any given assignment or subletting, such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgagx, xublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligations obligation of Tenant hereunder. Notwithstanding Tenant shall not mortgage or encumber this Lease. Xxxxxxxx must approve any consent agent employed by Landlord Tenant to any subletting or assixxxxxx, in the event of any subletting or assignment complete a sublease of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign, mortgage or otherwise transfer or encumber this Lease or any portion or of Tenant's interest herein, or sublet all or any portion of the Demised Premises without first obtaining Landlord's prior written consent thereto, which the parties agree may be withheld for any reason whatsoever in Landlord's sole and absolute discretion. If Landlord consents to any given assignment or subletting, such consent will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgagxmortgage, xublease sublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligations of Tenant hereunder. Notwithstanding any consent by Landlord to any subletting or assixxxxxxassignment, in the event of any subletting or assignment of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent consent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign, mortgage or otherwise transfer or encumber assign this Lease or any portion or Tenant's interest herein, or sublet all or any portion of the Demised Premises Premises, whether voluntarily or by operation of law, without first obtaining Landlord's ’s prior written consent thereto. A transfer or sale by Tenant of a majority of the voting shares, which partnership interests or other controlling interests in Tenant, except among the parties agree may be withheld for any reason whatsoever in current family members of Tenant’s current shareholders, shall constitute an assignment of this Lease by Tenant and shall require Landlord's sole and absolute discretion’s prior written consent. If Landlord consents to any given assignment or subletting, such consent is given, it will not release Tenant from its obligations hereunder and which will not be deemed a consent to any further subletting or assignment. Duly attempted assignment, mortgagx, xublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any such subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligations obligation of Tenant hereunder. Notwithstanding Tenant shall not mortgage or encumber this Lease. Landlord must approve any consent agent employed by Landlord Tenant to any subletting or assixxxxxx, in the event of any subletting or assignment complete a sublease of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent of Landlord as specified above.

SUBLETTING AND ASSIGNING. Tenant shall not assign, mortgage or otherwise transfer or encumber this Lease or any portion or of Tenant's interest herein, or sublet all or any portion of the Demised Premises without first obtaining Landlord's prior written consent thereto, which the parties agree may not be withheld for any reason whatsoever in Landlord's sole and absolute discretionunreasonably withhold. If Landlord consents to any given assignment or subletting, such consent will not be deemed a consent to any further subletting or assignmentassignment without subsequent consent of the Landlord which consent may not be unreasonably withheld. Duly attempted assignment, mortgagx, xublease or other encumbrance of the Demised Premises in violation of this paragraph shall be null and void. If Landlord consents to any subletting or assignment, it shall nevertheless be a condition to the effectiveness thereof that a fully executed copy of the sublease or assignment be furnished to Landlord and that any assignee assume in writing all obligations of Tenant hereunder. Notwithstanding any consent by Landlord to any subletting or assixxxxxx, in the event of any subletting or assignment of the Demised Premises, Tenant shall remain liable for all of the obligations of Tenant set forth herein. The sale by Tenant of a controlling interest in the Tenant entity shall be deemed an assignment of this Lease requiring the convent consent of Landlord as specified above.