Subleases and Assignments. Tenant shall not sublease or assign the Lease without the prior, written permission from the Landlord. Landlord shall not unreasonable deny permission to sublease or assign.
Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF Lessor AND AGENT, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY UNIT, OR ASSIGN, TRANSFER OR ENCUMBER ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER AND ANY ATTEMPTED SUBLEASE OR OTHER RELINQUISHMENT OF POSSESSION, ASSIGNMENT, TRANSFER OR ENCUMBERING BY LESSEE SHALL BE NULL AND VOID, except as provided in this Section 5.2 or pursuant to a transaction permitted under Section 5.4 or Section 5.19 of the Participation Agreement. Each sublease, lease or user contract entered into in accordance with this Section 5.2 shall be referred to as a "Sublease." Lessee may, without the prior written consent of Lessor and Agent, enter into subleases of (A) so long as no Lease Event of Default described in Sections 8.1(f) or (g) exists, one or more of the Units to any customer of Lessee in connection with the supply of propane by Lessee to such customer, and (B) so long as no Lease Event of Default exists, one or more of the Units to a Wholly-Owned Subsidiary of Lessee; provided, that any Sublease entered into pursuant to clause (B) of this sentence must satisfy each of the following conditions:
Subleases and Assignments. Sub lessee may not sublease or assign its interest in this sublease without the prior written consent of Edge Salon & Suites SUBLESSEE: Print Name: Address: Phone: Texas Drivers License # Email address: By: By: Title: Title:
Subleases and Assignments. LESSEE SHALL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF AGENT AND LESSOR, SUBLEASE OR OTHERWISE RELINQUISH POSSESSION OF ANY EQUIPMENT OR OTHER COLLATERAL, OR ASSIGN, TRANSFER OR ENCUMBER ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER AND ANY ATTEMPTED SUBLEASE, RELINQUISHMENT, ASSIGNMENT, TRANSFER OR ENCUMBERING BY LESSEE SHALL BE NULL AND VOID, except, subject to the terms and conditions set forth in this Section 5.2, in connection with the Sublease or an Affiliate Sublease as specifically contemplated by this Section 5.2. Lessee shall be entitled to enter into the Sublease of the Equipment with DSC or a sublease with any other Affiliate of Toshiba that is controlled by Toshiba in form substantially similar to the Sublease (an "Affiliate Sublease"); provided, however, that such Sublease or Affiliate Sublease and with respect to which such Affiliate has executed and delivered an acknowledgement to Agent and Lessor substantially similar to the acknowledgement executed by DSC in respect of the Collateral Assignment in respect of any Lease Supplement Equipment shall not extend beyond the then remaining Lease Term applicable thereto, and provided, further, that (i) Lessee shall at all times remain primarily liable hereunder with respect to all Lease Supplement Equipment so subleased to the same extent as if such Sublease or Affiliate Sublease had not occurred; (ii) DSC or any sublessee under an Affiliate Sublease shall not engage in activities with the Equipment in contravention of Section 5.1 without prior written consent of Agent and Lessor; and (iii) each sublease permitted hereby shall contain a provision requiring the sublessee to give prompt notice of any Casualty to the Equipment to Lessee within the time period specified herein. Lessee agrees that (i) the Sublease and any Affiliate Sublease are subject and subordinate to this Lease and the rights and interests of Agent, Lessor and the Participants and (ii) that the Sublease and any Affiliate Sublease shall (a) expressly state that it is subject and subordinate to all of the provisions of this Lease and the other Operative Documents and the rights and interests of Agent, Lessor and the Participants under this Lease and the other Operative Documents in respect of the Equipment covered by the Sublease and any Affiliate Sublease upon the occurrence of an Event of Default, but in all cases such sublessee shall have the right and Lessor shall be subject to the same obligation under the applicable sublease as...
Subleases and Assignments. Company will not have the right to sell, assign, sublet, license or otherwise transfer any or all of the Premises or Company’s Improvements without the prior written consent of Authority, which will not be unreasonably withheld. Authority will not be deemed to have acted unreasonably in withholding consent to any proposed assignment or sublease to an entity that: (A) has a financial net worth that, in the opinion of Authority, is inconsistent with that of Company; or (B) proposes a use different than those uses authorized in this Agreement. If transfer, sublease, assignment or delegation is approved, Company will be solely responsible for ensuring that its transferee, sublessee, assignee or delegate performs pursuant to and in compliance with the terms of this Agreement. Any assignment, mortgage, license, delegation, sublease or the like will be subject to all of the terms and conditions contained in this Agreement. In no event will any approved assignment or sublease diminish Authority’s rights to enforce any and all provisions of this Agreement. Subletting will only be permitted if the minimum Term of the subject sublease is longer than 120 days. The form of the sublease must be approved by the Authority, and such approval shall not be unreasonably withheld.
Subleases and Assignments. If Tenant Subleases all or a portion of the Premises or Assigns all or part of its interest in this Lease, and in addition to all other sums payable by Tenant to Landlord under this Lease, Tenant shall pay Landlord as Participation Rent, fifty percent (50%) of any Excess Proceeds from any such Sublease or Assignment. Any Participation Rent due under this Section in connection with a Sublease or Assignment on the date that the applicable sublease or assignment documents are executed and delivered by the parties. Tenant shall provide to Landlord not less than thirty (30) days written notice of a Sublease or Assignment, with an accounting of the Participation Rent that will become due and payable as a result of the transaction, including all backup documentation required for Landlord to verify the Participation Rent amount due and owing.
Subleases and Assignments. LESSEE agrees not to assign or sublet this lease or leased premises or any part thereof.
Subleases and Assignments. Company will not have the right to sell, assign, sublet, license or otherwise transfer any or all of the Premises or Company’s Improvements without the prior written consent of Authority, which will not be unreasonably withheld. Authority will not be deemed to have acted unreasonably in withholding consent to any proposed assignment or sublease to an entity that: (A) has a financial net worth that, in the opinion of Authority, is inconsistent with that of Company; or (B) proposes a use different than those uses authorized in this Agreement. If transfer, sublease, assignment or delegation is approved, Company will be solely responsible for ensuring that its transferee, sublessee, assignee or delegate performs pursuant to and in compliance with the terms of this Agreement. Any assignment, mortgage, license, delegation, sublease or the like will be subject to all of the terms and conditions contained in this Agreement. In no event will any approved assignment or sublease diminish Authority’s rights to enforce any and all provisions of this Agreement.
Subleases and Assignments. This lease may not be subleased or assigned without prior written consent of CLO.
Subleases and Assignments. The premises, in whole or in part, and appurtenances thereon may be subleased for any use not otherwise inconsistent with this Agreement without written approval from the City.
