Common use of Subletting Assignment Clause in Contracts

Subletting Assignment. Lessee shall not subrent any Equipment nor shall Lessee assign or transfer any interest in this Rental Contract without the prior written consent of Strad. If the Equipment is subrented, Lessee shall require its customer, the end user and any third party in contractual privity in between to be bound by the terms and conditions hereof. Any purported assignment or delegation in violation of this Section is null and void. No assignment or delegation relieves Lessee of any of its obligations under the Rental Contract.

Subletting Assignment. Lessee shall not subrent any Equipment nor shall Lessee assign or transfer any interest in this Rental Contract without the prior written consent of Strad. If the Equipment is subrented, Lessee shall require its customer, the end user and any third party in contractual privity in between to be bound by the terms and conditions hereof. Any purported assignment or delegation in violation of this Section is null and void. No assignment or delegation relieves Lessee of any of its obligations under the Rental Contract.