Non-Assignable Leases definition
Non-Assignable Leases means those Leases which require the consent of the lessor for the assignment or sublease from Seller to Buyer and with respect to which such consent from either has not been obtained prior to the Closing.
Non-Assignable Leases means those real property leases more particularly described on Schedules 1.3, 1.3(a) and 1.4, the assignment of which (i) Purchaser reasonably determines requires the consent of the landlord thereunder (provided, Purchaser so informs the Sellers within two Business Days prior to the final sale hearing) or (ii) if the Sellers object to the determination of Purchaser in the foregoing clause, the Bankruptcy Court determines requires the consent of the landlord thereunder, which consent in either event has not been obtained as of the Closing Date.