Common use of Terms and Conditions Applicable to Assignment and Subletting Clause in Contracts

Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, any assignment or subletting shall not: (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or (iii) alter the primary liability of Lessee for the Payment of Rent or for the Performance of any other obligations to be performed by Lessee. (b) Lessor may accept Rent or performance of Lessees obligations from any person other than Lessee pending approval or disapproval of an assignment Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for Lessee's Default or Breach. (c) Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.

Terms and Conditions Applicable to Assignment and Subletting. (a) Regardless of Lessor's consent, any assignment or subletting shall not: not (i) be effective without the express written assumption by such assignee or sublessee of the obligations of Lessee under this Lease, (ii) release Lessee of any obligations hereunder, or nor (iii) alter the primary liability of Lessee for the Payment payment of Base Rent and other sums due Lessor hereunder or for the Performance performance of any other obligations to be he performed by LesseeLessee under this Lease. (b) Lessor may accept Rent any rent or performance of Lessees Lessee's obligations from any person other than Lessee pending approval or disapproval of an assignment assignment. Neither a delay in the approval or disapproval of such assignment nor the acceptance of Rent or any rent for performance shall constitute a waiver or estoppel of Lessor's right to exercise its remedies for Lessee's the Default or BreachBreach by Lessee of any of the terms, covenants or conditions of this Lease. (c) Lessor's consent to any assignment or subletting shall not constitute a consent to any subsequent assignment or subletting.