Common use of TENANT ASSIGNMENT Clause in Contracts

TENANT ASSIGNMENT. Tenant shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same, or sublet the leased premises, in whole or in part, without the prior written consent of Landlord, and in no event shall any such assignment or sublease ever release Tenant or any guarantor from any obligation or liability hereunder. No assignee or subtenant of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.

TENANT ASSIGNMENT. Tenant shall not assign, in whole or in part, assign this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority of interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) assignment )or mortgage or pledge the same, or sublet the leased premisesLeased Premises, in whole or in part, without the prior written consent of Landlord, which consent may be withheld in Landlord’s sole and absolute discretion, and in no event shall any such assignment or sublease ever release Tenant or any guarantor from any obligation or liability hereunder. No assignee or subtenant sublease of the leased premises Leased Premises or any portion thereof may thereafter assign this Lease or any sublease hereunder or sublet the leased premises Leased Premises or any portion thereof.

TENANT ASSIGNMENT. Tenant shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same, or sublet the leased premisesPremises, in whole or in part, without the prior written consent of Landlord, as more fully described below, and in no event shall any such assignment or sublease ever release Tenant or any guarantor from any obligation or liability hereunder. No assignee or subtenant sublessee of the leased premises Premises or any portion thereof may assign or sublet the leased premises Premises or any portion thereof.hereof. Notwithstanding the above, Tenant may assign this Lease or sublease the Premises upon fulfillment of all of the following express conditions, but not otherwise:

TENANT ASSIGNMENT. Tenant shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by merger, dissolution or transfer of a majority controlling interest of stockin any partnership or corporate tenant, which merger, dissolution or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same, or sublet the leased premisesLeased Premises, in whole or in part, without the prior written consent of Landlord, and in no event shall any such assignment or sublease ever release Tenant or any guarantor from any obligation or liability hereunder. No assignee or subtenant sublessee of the leased premises Leased Premises or any portion thereof may assign or sublet the leased premises Leased Premises or any portion thereof.