Common use of Assignment and Subletting by Tenant Clause in Contracts

Assignment and Subletting by Tenant. Tenant shall have the right to assign, sublet or otherwise transfer its interest in this Lease and its rights hereunder to any entity or person with Landlord's prior written consent, which shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, Tenant may assign, sublet or otherwise transfer its interest in this Lease without Landlord's consent, written or otherwise, to any (i) parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate, or (ii) entity in which the Premises is intended to be leased back by such entity to Tenant or any parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate. Notwithstanding any assignment of the Lease pursuant to the preceding two (2) sentences Tenant shall not be released for liability hereunder so long as the Lease is not modified or amended in any respect without the prior written approval of Tenant. This Lease contains no provision restricting, purporting to restrict or referring in any manner to a change in control or change in stockholders, directors, management or organization of Tenant, or any subsidiary, affiliate or parent of Tenant or, to the issuance, sale, purchase, public offering, disposition or recapitalization of the capital stock of Tenant, or any subsidiary, affiliate or parent of Tenant.

Assignment and Subletting by Tenant. Tenant shall have the right to assign, sublet or otherwise transfer its interest in this Lease and its rights hereunder to any entity or person with Landlord's ’s prior written consent, which shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, Tenant may assign, sublet or otherwise transfer its interest in this Lease without Landlord's ’s consent, written or otherwise, to any (i) parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate, or (ii) entity in which the Premises is intended to be leased back by such entity to Tenant or any parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate. Notwithstanding any assignment of the Lease pursuant to the preceding two (2) sentences Tenant shall not be released for liability hereunder so long as the Lease is not modified or amended in any respect without the prior written approval of Tenant. This Lease contains no provision restricting, purporting to restrict or referring in any manner to a change in control or change in stockholders, directors, management or organization of Tenant, or any subsidiary, affiliate or parent of Tenant or, to the issuance, sale, purchase, public offering, disposition or recapitalization of the capital stock of Tenant, or any subsidiary, affiliate or parent of Tenant.

Assignment and Subletting by Tenant. Tenant shall have the right to assign, sublet or otherwise transfer its interest in this Lease and its rights hereunder to any entity or person with Landlord's ’s prior written consent, which shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, Tenant may assign, sublet or otherwise transfer its interest in this Lease without Landlord's ’s consent, written or otherwise, to any (i1) parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate, or (ii) entity in which the Premises is intended to be leased back by such entity to Tenant or any parent, subsidiary or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate or consolidate. Notwithstanding any assignment of the Lease pursuant to the preceding two (2) sentences Tenant shall not be released for liability hereunder so long as the Lease is not modified or amended in any respect without the prior written approval of Tenant. This Lease contains no provision restricting, purporting to restrict or referring in any manner to a change in control or change in stockholders, directors, management or organization of Tenant, or any subsidiary, affiliate or parent of Tenant or, to the issuance, sale, purchase, public offering, disposition or recapitalization of the capital stock of Tenant, or any subsidiary, affiliate or parent of Tenant.

Assignment and Subletting by Tenant. Tenant shall have the right to assign, sublet sublet, or otherwise transfer its interest in this Lease and its rights hereunder to any entity or person with Landlord's ’s prior written consent, which shall not be unreasonably withheld, conditioned conditioned, or delayed. Notwithstanding the foregoing, Tenant may assign, sublet sublet, or otherwise transfer its interest in this Lease Lease, without Landlord's ’s consent, written or otherwise, to any (i) parent, subsidiary subsidiary, or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate amalgamate, or consolidate, or (ii) entity in which the Premises is intended to be leased back by such entity to Tenant Tenant, or any parent, subsidiary subsidiary, or affiliate of Tenant, or to a corporation or other business entity with which Tenant may merge, amalgamate amalgamate, or consolidate. Notwithstanding any assignment of the Lease pursuant to the preceding two (2) sentences Tenant shall not be released for liability hereunder so long as the Lease is not modified or amended in any respect without the prior written approval of Tenant. This Lease contains no provision restricting, purporting to restrict restrict, or referring in any manner to a change in control or change in stockholdersshareholders, directors, management management, or organization of Tenant, or any subsidiary, affiliate affiliate, or parent of Tenant orTenant, or to the issuance, sale, purchase, public offering, disposition disposition, or recapitalization of the capital stock of Tenant, or any subsidiary, affiliate affiliate, or parent of Tenant. In the event of any transfer, sublet, or assignment of Tenant’s interest in this Lease, Tenant shall remain liable for all obligations hereunder.

Assignment and Subletting by Tenant. Tenant shall have the right to assign, sublet not assign or otherwise in any manner transfer its interest in this Lease and its rights hereunder to or any entity estate or person with Landlord's interest therein, hypothecate or mortgage the same or sublet the Leased Premises or any part thereof or permit the use of the Premises by any other party without the prior written consentconsent of Landlord, which consent shall not be unreasonably withheld. Any assignment, conditioned transfer, hypothecation, mortgage or delayedsubletting without such consent shall give Landlord the right to terminate this Lease and re-enter and repossess the Premises. Notwithstanding However, consent by Landlord to one or more assignments of this Lease or to one or more sublettings of the foregoingPremises shall not be deemed a consent to any subsequent assignment, subletting, occupation or use by any other person, and the acceptance of rent from an assignee, subtenant or occupant shall not constitute a release of Tenant may assign, sublet or otherwise transfer its interest from the oligations and covenants in this Lease without Landlord's consent, written or otherwise, to any (i) parent, subsidiary or affiliate Lease. A transfer of majority control of Tenant, including, without being limited to, a transfer of a majority stock or to a corporation partnership interest or the merger, consolidation, sale of all or substantially all of the other assets of Tenant or other business entity with which Tenant may merge, amalgamate or consolidate, or (ii) entity in which the Premises is intended to be leased back by such entity to Tenant or any parent, subsidiary or affiliate of Tenant, or to a corporation corporate or other business entity with which reorganization of Tenant may merge, amalgamate (whether or consolidate. Notwithstanding any assignment of the Lease pursuant to the preceding two (2) sentences not Tenant shall not be released for liability hereunder so long as the surviving entity), shall be deemed a transfer under this Lease is not modified or amended in any respect without and shall be subject to all the prior written approval provisions of Tenant. This Lease contains no provision restricting, purporting to restrict or referring in any manner to a change in control or change in stockholders, directors, management or organization of Tenant, or any subsidiary, affiliate or parent of Tenant or, to the issuance, sale, purchase, public offering, disposition or recapitalization of the capital stock of Tenant, or any subsidiary, affiliate or parent of Tenantthis Article.