Permitted Sublease and Assignment Sample Clauses

Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, sublease space at the Leased Property so long as (i) such sublease will not cause an event of default under the Operating Agreement, if applicable, and such sublease has been approved by the Operator, if applicable, and (ii) such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area.
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Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, (a) sublease space at the Leased Property designated on the Plans and Specifications (as defined in the Purchase Agreement) for newsstand, gift shop, parking garage, health club, restaurant, bar, retail, food concession, arcades, game rooms, rental car desk, travel office or commissary purposes or similar concessions in furtherance of the Permitted Use; (b) sublease additional space at the Leased Property for any such ancillary uses, so long as such additional subleases do not demise, in the aggregate, in excess of 600 square feet (exclusive of any parking garage subleases), and will not violate or affect any Legal Requirement or Insurance Requirement; (c) sublease space at the Leased Property for use by Marriott or any Affiliated Person of Marriott for time-share sales and/or marketing activities, so long as such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area; (d) in the event that there is a Corporate Transfer permitted pursuant to Section 16.1(b), as a result of which all or substantially all of the assets with respect to one or two, but not all, of the Residence Inn, Courtyard, SpringHill Suites or TownePlace Suites brands are transferred to a Person that is not an Affiliated Person as to Marriott, sublease the Leased Property or assign Tenant's rights under this Agreement to an Entity wholly-owned, directly or indirectly, by Marriott which retains all or substantially all of the assets of the brand or brands not so transferred. Any sublease of space to any Affiliated Person of Tenant or Marriott shall be on commercially reasonable terms; provided, however, that any sublease of space to or for use by Marriott or any Affiliated Person of Marriott for time-share sales and/or marketing activities (which shall not cover more than six hundred (600) square feet of area without Landlord's prior written consent) shall not be required to be on commercially reasonable terms.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord’s consent, sublease space at the Leased Property for any uses ancillary to the Permitted Use, so long as such subleases do not demise, in the aggregate, in excess of 3,000 square feet (exclusive of any parking garage subleases), and will not violate or affect any Legal Requirement or Insurance Requirement.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, in each instance after Notice to Landlord, (a) sublease space at the Leased Property for newsstand, gift shop, parking garage, health club, restaurant, bar or commissary purposes or similar concessions in furtherance of the Permitted Use, so long as such subleases do not demise, in the aggregate, in excess of three thousand (3,000) square feet (exclusive of any parking garage subleases), will not violate or affect any Legal Requirement or Insurance Requirement, and Tenant shall provide such additional insurance coverage applicable to the activities to be conducted in such subleased space as Landlord and any Hotel Mortgagee may reasonably require; and (b), in the event that there is a Corporate Transfer permitted pursuant to Section 16.1, as a result of which all or substantially all of the assets with respect to either, but not both, of the Residence Inn by Marriott or Courtyard by Marriott brand are transferred to a Person that is not an Affiliated Person as to Tenant, sublease the Leased Property or assign Tenant's rights under this Agreement to an Affiliated Person as to Tenant or the Guarantor which retains all or substantially all of the assets of the brand not so transferred, provided all of the Collective Leased Properties or Other Leases operated under the same brand are so subleased or assigned, as the case may be.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 22.4 and any other express conditions and limitations set forth herein, Lessee may, without Lessor's consent, (a) sublease space at the Leased Property for newsstand, gift shop, health club, restaurant, bar, retail, food concession, arcades, game rooms, rental car desk, travel office or commissary purposes or similar concessions in furtherance of the Primary Intended Use, and (b) sublease additional space at the Leased Property for any such ancillary uses, so long as such additional subleases do not demise, in the aggregate, in excess of 2,000 square feet and will not violate or affect any Legal Requirement or Insurance Requirement.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, sublease space at the Leased Property so long as such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area. Any sublease of space to any Affiliated Person of Tenant or Guarantor shall be on commercially reasonable terms; provided, however, that any sublease of space to or for use by Guarantor or any Affiliated Person of Guarantor for marketing activities shall not be required to be on commercially reasonable terms.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, sublease space at the Leased Property so long as such subleases do not demise, in the aggregate, in excess of six hundred (600) square feet of area.
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Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord’s consent, (a) sublease space at the Leased Property for newsstand, gift shop, parking garage, food concession, or similar concessions in furtherance of the Permitted Use; and (b) sublease additional space at the Leased Property for any such ancillary uses, so long as such additional subleases do not demise, in the aggregate, in excess of 2,000 square feet (exclusive of any parking garage subleases), and will not violate or affect any Legal Requirement or Insurance Requirement.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Sections 17.2, 17.4, 17.5 and 17.6 and any other express conditions or limitations set forth herein, Tenant shall, or shall cause Manager to, procure for Tenant, as sublessor Future Subleases for commercial purposes in furtherance of the Permitted Use, so long as such Space Leases will not violate any Legal Requirement, Insurance Requirement or Mortgage Loan Documents, and are in form and content acceptable to Landlord.
Permitted Sublease and Assignment. Notwithstanding the foregoing, but subject to the provisions of Section 16.4 and any other express conditions or limitations set forth herein, Tenant may, without Landlord's consent, (a) sublease space at the Leased Property for newsstand, gift shop, parking garage, health club, restaurant, bar, retail, food concession, arcades, game rooms, rental car desk, travel office or commissary purposes or similar concessions in furtherance of the Permitted Use; (b) sublease additional space at the Leased Property for any such ancillary uses, so long as such additional subleases do not demise, in the aggregate, in excess of 2000 square feet (exclusive of any parking garage subleases), and will not violate or affect any Legal Requirement or Insurance Requirement.
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