Assignment of Sublease. Any approved sublease will be assigned to LESSOR as security. LESSEE will deliver the original counterpart of the sublease to LESSOR and make any filings necessary to protect LESSOR's security interest.
Assignment of Sublease. 30 11.5 Continued Responsibility of LESSEE............................30
Assignment of Sublease. RESIDENT will not assign this LEASE, nor sublet the PREMISES, without first obtaining MANAGEMENT’S written consent. Any Sublease shall be on MANAGEMENT’S form (Sublease Agreement) and shall be signed by ALL persons therein designated. Any approval by MANAGEMENT to an assignment or Sublease shall not release the RESIDENT obligation under the LEASE. The original resident is responsible for obtaining a security deposit from the sublessee less any damages. A one hundred dollar ($100.00) Administrative Fee is charged for processing. Airbnb rentals are not allowed.
Assignment of Sublease. RESIDENT will not assign this LEASE, nor sublet the PREMISES, without first obtaining MANAGEMENT’S written consent. Any Sublease shall be on MANAGEMENT’S form (Sublease Agreement) and shall be signed by ALL persons therein designated. Any approval by MANAGEMENT to an assignment or Sublease shall not release the RESIDENT obligation under the LEASE. The original resident is responsible for obtaining a security deposit from the sublessee less any damages. A one hundred dollar ($100.00) Administrative Fee is charged for processing.
Assignment of Sublease dated November 25, 1997, but effective as of December 1, 1997, from Lyondell to the Partnership, of leases specified therein (Chicago, Illinois - MATRIX Partners Sublease).
Assignment of Sublease. Except to a wholly owned subsidiary or affiliate of Tenant, Tenant shall not sell, assign, mortgage or transfer this Lease, sublet the Premises or any part thereof or allow any transfer by operation of law. Tenant shall, by written notice, advise Landlord of its desire from, on and after a stated date (which shall not be less than thirty (30) days nor more than sixty (60) days after the date of Tenant's notice) to sublet any part or all of the Premises for any part of the term hereof, and, in such event, Landlord shall have the right, to be exercised by giving written notice to Tenant twenty (20) days after receipt of Tenant's notice) to terminate this Lease as to the portion of the Premises therein described as of the date stated in Tenant's notice. Such notice by Tenant shall state the name and address of the proposed subtenant, and Tenant shall deliver to Landlord a true and complete copy of the proposed sublease with said notice. If said notice shall specify all of the Premises, and Landlord shall give said termination notice with respect thereto, this Lease shall terminate on the date stated in Tenant's notice. If, however, this Lease shall terminate pursuant to the foregoing with respect to less than all the Premises, the rental (as determined in paragraph 4) and taxes (as determined in paragraph 9) shall be adjusted on a pro rata basis to the number of square feet retained by Tenant and this Lease as so amended shall continue thereafter in full force and effect. If Landlord, upon receiving said notice by Tenant with respect to any of the Premises, shall not exercise its right to terminate, Landlord will not withhold unreasonably its consent to Tenant's subletting the Premises specific in said notice provided that all Increases in rent under a sublease shall be paid to Landlord.
Assignment of Sublease. Sublessee shall not assign this Sublease or any interest therein nor sublet the demised premises or any part thereof or any right or privilege appurtenant thereto nor permit the occupancy or use of any part thereof by any person without the written consent of Sublessor first had and obtained. Any such assignment, further subletting, occupancy or use without the prior written consent of the Sublessor shall at the option of the Sublessor terminate this Sublease.
Assignment of Sublease. Lessee shall not, without first obtaining the written consent of the lessor, assign, mortgage, pledge or encumber this km, in whole or in part, or sublet the premises or any part of such premises. This covenant shall be binding upon the legal representatives of lessee, and upon every person to whom lessee's interest under this lease passes by operation of law, but shall not apply to an assignment or subletting to the parent or subsidiary of a corporate lessee or to a transfer of the leasehold interest occasioned by a consolidation or merger involving such lessee.
Assignment of Sublease. Effective as of the Amendment Effective Date, Tenant agrees to assign its interest in the Sublease to Landlord, and Landlord agrees to assume the Tenant’s interest in the Sublease. Each of the parties hereto covenants and agrees to execute and deliver, at the request of the other party hereto, such further instruments of transfer and assignment and to take such other action as such other party may reasonably request, including providing notice to JMT, to more effectively consummate the assignment and assumption contemplated by this provision. Tenant acknowledges and agrees that as of the Amendment Effective Date, Tenant shall have no rights to any rent collected pursuant to the Sublease, and as such Tenant agrees to prorate and return to Landlord any rent actually collected by Tenant pursuant to the Sublease for any period occurring after the Amendment Effective Date. Landlord and Tenant agree and acknowledge that Tenant shall have no further rights, obligations or liabilities as to the Subleased Premises as of the Amendment Effective Date. Nothing in this provision, however, shall relieve Tenant of any obligations or liabilities incurred as to the Subleased Premises, either as Tenant under the Lease or as sublessor under the Sublease, prior to the Amendment Effective Date, and as such, Tenant agrees to indemnify, defend and hold Landlord free and harmless from any and all actions, costs, claims, expenses, fines, liabilities or losses incurred prior to the Amendment Effective Date and relating to the Subleased Premises or as sublessor under the Sublease.
Assignment of Sublease. Effective as of the date which is sixty (60) days after the Commencement Date of the Lease (“Assignment Effective Date”), Assignor hereby assigns to Assignee all of Assignor’s right, title and interest in, to and under the Sublease, and Assignee hereby accepts such assignment, assumes all of Assignor’s obligations under the Sublease arising from and after the Assignment Effective Date, and agrees to be bound by all of the provisions thereof and to perform all of the obligations of the subtenant thereunder from and after the Assignment Effective Date.
