Without Lessor s prior written consent, Lessee shall not assign, transfer, pledge, hypothecate or otherwise dispose of this lease, the Equipment, or any interest therein. Lessee's interest in this lease may not be assigned or transferred by operation of law without Lessor's prior written consent, which will not be unreasonably withheld. Without Lessor's prior written consent, Lessee shall not sublet or lend the Equipment or permit it to be used by anyone other than Lessee or Lessee's employees. Lessor may assign this lease in whole or in part without notice to Lessee. If Lessee is given notice of such assignment it agrees to acknowledge receipt thereof in writing. Each such assignee shall have all of the rights, but none of the obligations, of Lessor under this lease. Lessee shall not assert against assignee any defense, counterclaim or offset that Lessee may have against Lessor. Notwithstanding any such assignment, Lessor warrants that Lessee shall quietly enjoy use of the Equipment subject to the terms and conditions of this lease so long as Lessee is not in default hereunder. Subject to the foregoing, this lease inures to the benefit of and is binding upon the successors and assigns of the parties hereto.
Without Lessor s prior written consent, LESSEE shall not assign, transfer, pledge, hypothecate or otherwise dispose of the LEASE, any interest therein, or sublease or loan the EQUIPMENT or permit it to be used by anyone other than LESSEE or LESSEE's qualified employees. LESSOR may assign the LEASE and/or grant a security interest in the EQUIPMENT, in whole or in part, to one or more assignees, without notice to LESSEE. LESSOR's assignee(s) and/or the secured party(ies) may reassign the LEASE, and/or such security interest without notice to LESSEE. Each such assignee and/or such secured party shall have all rights of LESSOR under the LEASE, but no such assignee or secured party shall be bound to perform any obligation of LESSOR. LESSEE shall recognize each such assignment and shall not assert against any assignee and/or secured party any defense, counterclaim or setoff it may have against LESSOR. LESSEE acknowledges that any assignment or transfer by LESSOR shall not materially change LESSEE's duties or obligations under the LEASE nor materially increase the burdens or risks imposed on LESSEE.
Without Lessor s prior written consent, which shall not be unreasonably withheld, Lessee shall not (i) provide food and/or beverage operations at the Facility if not presently provided, (ii) discontinue any food and/or beverage operations which are presently provided, or (iii) convert a subtenant, licensee or concessionaire to an operating department of the Facility or vice-versa.
Examples of Without Lessor in a sentence
Without Lessor first having to proceed against Lessee or to proceed against any security therefore, Guarantor agrees to pay, on demand, all sums due and to become due from Lessee and all losses, costs, attorneys' fees or expenses which may be suffered by Lessor by reason of Lessee's default, subject to the Maximum Liability Amount (as such term is defined below).
The Basic Model Without Lessor Default or a Lessee Cancellation Clause As a benchmark scenario, we assume the lessor and the lessees will fulfill the lease contract.
The Basic Model Without Lessor Default or a Lessee Cancellation Clause As a benchmark scenario, we assume the lessor and the lessees will fulfill the lease contract.
More Definitions of Without Lessor
Without Lessor s advance written consent, Lessee shall not bring, use or permit upon the leased premises, temporarily or otherwise, or generate, or emit any toxic or hazardous substances, including, without limitation, substances or materials which are listed on any of the Environmental Protection Agency's lists of hazardous wastes or identified in any statute or regulation of the State of California dealing with Hazardous Wastes as the same may be amended from time to time. Notwithstanding Lessor's consent, Lessee shall comply, at its sole cost, with all laws pertaining to, and shall indemnify and hold Lessor harmless from any claims, liabilities, costs or expenses incurred or suffered by Lessor arising from such bringing, using, permitting, generating, or omitting or disposing. Lessee's indemnification and hold harmless obligations include, without limitations, (i) claims, liability, costs or expenses resulting from or based upon administrative, judicial (civil or criminal) action brought by and any private or public person under common law or under any Federal, State, County or municipal law, ordinance or regulation, (ii) claims liabilities, costs or expenses pertaining to the clean-up or containment of wastes, the identification of the pollutions or the waste, the identification of scope of any environments containments, the removal of pollutions from soils, river beds or aquifers, the provisions of an alternative public drinking water source, or the long-term monitoring or ground water surface water, and (iii) all costs or defending such claims.
Without Lessor s prior written consent, Lessee shall not assign, transfer, pledge, hypothecate or otherwise dispose of this lease, Equipment, or any interest therein, or by sublet or lend Equipment or permit it to be used by anyone other than Lessee or Lessee's employees.
Without Lessor s prior written consent, Lessee shall not use the Equipment and the Xxxxxxx Industrial Facility for anything other than primarily a pipe inspection, storage and cleaning facility, which is its current use as of the date of this Lease.
Without Lessor s prior written approval, Lessee shall not (a) assign, transfer, pledge, hypothecate, or otherwise dispose of this Master Lease, any Lease Schedule, any Equipment or any interest therein, or (b) sublet or lend any Equipment or permit it to be used by anyone other than Lessee or Lessee's employees. Lessee agrees that any such assignment shall not materially change Lessee's duties or obligations under this Master Lease or any Lease Schedule. Each Assignee shall have all the rights but none of the obligations of Lessor under this Master Lease or any such Lease Schedule unless Lessee is otherwise notified by Lessor. Lessee shall recognize such assignments and/or security agreements and agrees that upon notice of such assignment it shall pay directly to the Assignee (unless otherwise directed by such Assignee) without abatement, deduction or setoff all amounts which become due hereunder and further agrees that it will not assert against such Assignee any defense, claim, counterclaim, or setoff for any reason whatsoever in any action for Rent or possession brought by the Assignee.
Without Lessor s prior written consent, the Lessee shall not assign, transfer, pledge, hypothecate or otherwise dispose of this lease or any interest therein. The Lessor may assign this lease and/or mortgage the equipment, in whole or in part, without notice to the Lessee; and its assignee or mortgagee may reassign this lease and/or such mortgager without notice to the Lessee. Each such assignee and/or mortgagee shall have all the rights but none of the obligations of the Lessor under this lease. The Lessee shall recognize each such assignment and/or mortgage and shall not assert against the assignee and/or mortgagee any defense, counterclaim, or set-off that the Lessee may have against the Lessor. Subject to the foregoing, this lease insures to the benefit of and is binding upon the heirs, legatees, personal representatives, survivors and assigns of the parties hereto.
Without Lessor s prior written consent."
Without Lessor s prior written consent, which consent shall ---------- be in the sole discretion of Lessor, Lessee shall not (a) assign, transfer, pledge, hypothecate or otherwise dispose of this Lease, the Equipment, or any interest therein, or (b) sublet or lend the Equipment or any part of it or permit it to be used by anyone other than Lessee or Lessee's employees. Lessor may not assign this Lease or grant a security interest in this Lease and/or the Equipment, in whole or in part.