Common use of Assignment/Transfer Clause in Contracts

Assignment/Transfer. Sublessee shall not transfer, sell, assign or pledge this Sublease or further sublease the Sublease Premises, or any part thereof, without (i) complying with the requirements of the Main Lease relating thereto, and (ii) obtaining the prior written consent of the Sublessor and Landlord. Landlord and Sublessor have legitimate concerns regarding the compatibility of new or different occupants of the Sublease Premises, including concerns based upon the use to which such occupants may make of the Sublease Premises, and may therefore withhold their consent to any such transfer based upon any concern they or either of them may have regarding the use to which the proposed transferee may put the Sublease Premises or based upon other justifiable concerns related to possible lack of harmony between the use of the proposed transferee and other uses or occupants in the Sublease Premises. No transfer of any nature shall relieve Sublessee of primary liability to Sublessor hereunder unless Sublessor agrees in writing.

Appears in 4 contracts

Samples: Sublease Agreement, Sublease Agreement, Sublease Agreement

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Assignment/Transfer. Sublessee shall not transfer, sell, assign or pledge this Sublease or further sublease the Sublease Premises, or any part thereof, thereof without (i) complying compliance with the requirements of the Main Lease relating thereto, thereto and (ii) obtaining the prior written consent of the Sublessor and LandlordOwner. Landlord Owner and Sublessor have legitimate concerns regarding the compatibility of new or different occupants of the Sublease Premises, including concerns based upon the use to which such occupants may make of the Sublease Premises, and may therefore withhold their consent to any such transfer based upon any concern they or either of them may have regarding the use to which the proposed transferee may put the Sublease Premises or based upon other justifiable concerns related to possible lack of harmony between the use of the proposed transferee and other uses or occupants in the Sublease PremisesBuilding or concerns related to the financial strength, character or reputation of the proposed transferee. No transfer of any nature shall relieve Sublessee of primary liability to Sublessor hereunder unless Sublessor agrees in writing.

Appears in 1 contract

Samples: Sublease Agreement (Reality Interactive Inc)

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Assignment/Transfer. Sublessee shall not transfer, sell, assign or pledge this Sublease or further sublease the Sublease Premises, or any part thereof, without (i) complying compliance with the requirements of the Main Lease relating thereto, thereto and (ii) obtaining the prior written consent of the Sublessor and LandlordOwner. Landlord Owner and Sublessor have legitimate concerns regarding the compatibility of new or different occupants of the Sublease Premises, including concerns based upon the use to which such occupants may make of the Sublease Premises, and may therefore withhold their consent to any such transfer based upon any concern they or either of them may have regarding the use to which the proposed transferee may put the Sublease Premises or based upon other justifiable concerns related to possible lack of harmony between the use of the proposed transferee and other uses or occupants in the Sublease PremisesBuilding or concerns related to the financial strength, character or reputation of the proposed transferee. No transfer of any nature shall relieve Sublessee of primary liability to Sublessor hereunder unless Sublessor agrees in writing.

Appears in 1 contract

Samples: Sublease Agreement (Ivi Publishing Inc)

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