Sublet or Assignment. The Company may at any time assign or otherwise transfer all of its rights and interest hereunder to any sublessee or assignee, as the case may be, selected by the Company on such terms as the Company may determine in its sole discretion, provided (a) that no assignment, transfer or sublease shall affect or reduce any of the obligations of the Company hereunder, but all obligations of the Company hereunder shall continue in full force and effect as the obligations of a principal and not of a guarantor or surety, except that the Company shall be released from its obligations hereunder upon the written consent and release of the County, which shall not be unreasonably withheld, to any sublease, assignment or transfer, and (b) that the Company or sublessee shall give the County written notice of any such assignment, transfer or sublease and within thirty (30) days thereafter shall furnish or cause to be furnished to the County a true and complete copy of any such sublease, assignment or other transfer which shall include assumption of the indemnity as provided in Section 7.04 hereof, and all other provisions of this Agreement. The Company acknowledges that such a transfer of an interest under this Agreement may cause the applicable portion of the Project to become ineligible for negotiated fees in lieu of taxes under the Act absent compliance by the Company with the Transfer Provisions; provided that, to the extent permitted by Section 00-00-000 of the Act, or any successor provision, any financing arrangements entered into by the Company with respect to the Project and any security interests granted by the Company in connection therewith shall not be construed as a transfer for purposes of the Transfer Provisions. The County hereby consents to any transfers by the Company to any affiliate of the Company at any time. For such purposes, “affiliate” shall mean any person or entity directly or indirectly controlling, controlled by or under common control with the Company. Consent to such transfer, however, shall not constitute a release by the County under the first sentence of this Section, which release must be separately obtained from the County. The County shall, if the Company requests, acknowledge the receipt and sufficiency of any such notice.
Sublet or Assignment. Except as set forth below, the Lessee has not sublet or assigned any portion of the Premises and no person or firm other than Lessee and its employees is in possession of any portion of the Premises: __________________________________
Sublet or Assignment. Except as set forth below, the Lessee has not sublet or assigned any portion of the Premises with the consent of Seller and to Seller’s Actual Knowledge no person or firm other than Lessee and its employees is in possession of any portion of the Premises: ;
Sublet or Assignment. Tenant shall have the right to assign or sublease all of any part of the Premises to any related entity, subsidiary, successor or affiliate of Tenant without Landlord’s consent or any profit-sharing. Otherwise, Tenant shall have the right to assign or sublease its rights under this Lease or sublet the whole or any part of the Property, Building, Premises and Additional Property for Parking with Landlord’s prior written consent, which shall not be unreasonably withheld, conditioned or delayed. Any sublease profits under a transfer that requires Landlord’s consent shall be split 50/50 between Landlord and Tenant after Tenant deducts reasonable fees for marketing, tenant improvements, demising costs, legal expenses and brokerage fees.
Sublet or Assignment. The Premises may not be sublet for any duration of time regardless of apartment size, location, or availability of bedrooms. Resident shall not assign this Lease without express written consent of the University. Violations may result in administrative action including possible eviction.
Sublet or Assignment. The Lessee may not transfer or assign this Agreement, or any right or interest hereunder or sublet said leased Premises or any part thereof without first obtaining the prior written consent and approval of the LEA. Nothing contained herein shall prevent Lessee from employing independent associates, contractors, and consultants as Lessee may deem appropriate to assist in the performance of operations of Lessee. Any attempted assignment, sublease, or transfer in violation of this Agreement shall be null and void, and of no force and affect. Any attempted assignment, sublet, or transfer in violation of this Agreement shall be grounds for the LEA, in its sole discretion, to terminate the Agreement.
Sublet or Assignment. The Premises may not be sublet for any duration of time regardless of apartment size, location, or availability of bedrooms. Guests/visit ors must compl y with Universi ty Housing po licy in all ci rcumstances. Resident shall not assign this Lease without express written consent of the University. Violations may result in administrative action including possible eviction.
Sublet or Assignment. Tenant agrees not to transfer nor assign this Agreement, nor let nor sublet the whole or any part of said premises, nor allow anyone to share said premises, or keep roomers or boarders, without the prior written consent of Landlord. ALTERATIONS. Tenant agrees not to make alterations, additions, or improvements of any sort, except after having Landlord’s prior written consent, and all alterations and improvements shall be surrendered at the termination of lease hereof, and furthermore, Tenant will in no way paint, decorate, cover, paper or in any other manner change or alter the walls, wall surfaces, and/or ceilings without the Landlord’s prior written consent.
Sublet or Assignment. Xxxxxx agrees not to transfer nor assign this Agreement, nor let nor sublet the whole or any part of said premises, nor allow anyone to share said premises, or keep roomers or boarders, without the prior written consent of Landlord. Tenant will forfeit their security deposit if they are approved to sublease.
Sublet or Assignment. The Tenant may sublet all or any portion of the Premises and may assign this Lease to an affiliate of Tenant without the prior written consent of the City; provided that the Tenant gives the City written notice of such subletting or assignment within thirty (30) days after such action. The Tenant shall be entitled to assign this Lease to future owners of the Hotel located at 0 Xxxxxxx Xxxxxx upon written notice to the City without the consent of the City; provided that the Tenant shall give the City notice of such assignment within thirty (30) days after such assignment.
