Transfers Prohibited Without Consent. Except as provided below, Tenant shall not, without the prior written consent of Landlord, which consent may be withheld in Landlord's sole and absolute discretion, in each instance, sell, assign or otherwise transfer Tenant's interest under this Lease, or Tenant's interest in one (1) or more of the Leased Properties, in whole or in part, or any rights or interest which Tenant may have under this Lease, or sublet one (1) or more of the Leased Properties, or any part thereof. If given, the consent of Landlord to an assignment, transfer or subletting shall in no event be construed to relieve Tenant or such assignee or subtenant from the obligation of obtaining the express consent in writing of Landlord to any further assignment, transfer or subletting. For purposes of this Paragraph 15(a), a Change of Control which is not expressly permitted in accordance with the terms of Paragraph 6 of the Agreement Regarding Leases shall be deemed to constitute a prohibited assignment of this Lease. Any assignment, transfer or sublease in violation of this Paragraph 15 shall be voidable at Landlord's option. For purposes of this Paragraph, Landlord's consent shall conclusively be deemed reasonably withheld (i) if the proposed transfer would, in Landlord's judgment, violate the terms of any Facility Mortgage and Tenant has not obtained the written consent (in form satisfactory to Landlord) of the applicable Facility Mortgagee, or (ii) if the effect of any such transfer would adversely affect the status or the treatment of Landlord or its direct or indirect Parent as a real estate investment trust ("REIT") under applicable REIT regulations. Notwithstanding the foregoing, except as expressly provided in Paragraph 6 of the Agreement Regarding Leases, Landlord's consent shall not be required in connection with (x) any Permitted Transfer, (y) any Equity Transfer or (z) any Affiliate Transfer.
Transfers Prohibited Without Consent. Except as provided below, Tenant shall not, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, in each instance, sell, assign or otherwise transfer this Lease, or Tenant's interest in the Leased Property, in whole or in part, or any rights or interest which Tenant may have under this Lease, or sublet the Leased Property, or any part thereof. When given, the consent of Landlord to an assignment, transfer, subletting shall in no event be construed to relieve Tenant or such assignee or subtenant from the obligation of obtaining the express consent in writing of Landlord to any further assignment, transfer or subletting. Any assignment, transfer or sublease in violation of this Paragraph 15 shall be voidable at
Transfers Prohibited Without Consent. Tenant shall not, without ------------------------------------ the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed, in each instance, sell, assign or otherwise transfer this Lease, or Tenant's interest in the Premises, in whole or in part, or any rights or interest which Tenant may have under this Lease, or sublet the Premises, or any part thereof, or grant or permit any lien or encumbrance on or security interest in Tenant's interest in this Lease. When given, the consent of Landlord to an assignment, transfer, subletting or encumbrance shall in no event be construed to relieve Tenant or such assignee or subtenant from the obligation of obtaining the express consent in writing of Landlord to any further assignment, transfer, subletting or encumbrance. Any assignment, transfer, sublease or encumbrance in violation of this Article shall be voidable at Landlord's option. Notwithstanding the foregoing, Tenant may assign or sublet the Premises to any affiliate of Guarantor (hereinafter defined) without first obtaining the consent of Landlord, so long as the Guaranty contemplated by Paragraph 51 hereof shall remain in full force and effect.
Transfers Prohibited Without Consent. BLC Holdings shall not, without the prior written consent of PSLT-BLC Holdings, which consent may be withheld in PSLT-BLC Holdings' sole and absolute discretion, in each instance, sell, assign, pledge, hypothecate or otherwise transfer its ownership interest in any Brookdale Lessee, in whole or in part, or any rights or interest which BLC Holdings may have under this Agreement. For the purposes of this Paragraph 6, except to the extent expressly permitted pursuant to this Paragraph 6, a Change of Control shall be deemed to constitute a prohibited sale of an ownership interest in each of the Brookdale Lessees. If Guarantor pledges all or any portion of the equity interests in BLC Holdings, and if the holder of such pledge forecloses on its security interest in such equity interests, then the Person (including such pledgee) that acquires such pledged equity interests at foreclosure or otherwise and the circumstances of such transfer must comply with the provisions of this Paragraph 6. If given, the consent of PSLT-BLC Holdings to any such transfer shall in no event be construed to relieve BLC Holdings or such transferee from the obligation of obtaining the express consent in writing of PSLT-BLC Holdings to any further transfer. Any assignment or transfer in violation of this Paragraph 6(a) shall be voidable at PSLT-BLC Holdings' option.
Transfers Prohibited Without Consent. Except as provided in Section 13.4 hereof, Tenant shall not, without the prior written consent of Landlord, in each instance, sell, assign or otherwise transfer this Lease, or Tenant's interest in the Premises, in whole or in part, or any rights or interest which Tenant may have under this Lease, or sublet the Premises, or any part thereof, or grant or permit any lien or encumbrance on or security interest in Tenant's interest in this Lease. If given, the consent of Landlord to an assignment, transfer, subletting or encumbrance shall in no event be construed to relieve Tenant or such assignee or subtenant from the obligation of obtaining the express consent in writing of Landlord to any further assignment, transfer, subletting or encumbrance. In addition, any such approved assignee shall expressly assume this Lease by an agreement in recordable form, an original executed counterpart of which shall be delivered to Landlord prior to any assignment of the Lease. Any assignment, transfer, sublease or encumbrance in violation of this Article shall be voidable at Landlord's option. The terms of Section 23.9 shall not be applicable to Landlord's approval hereunder.
Transfers Prohibited Without Consent. Tenant, and/or any Guarantor of Tenant, shall not without the prior written consent of Landlord, which consent may be withheld or conditioned by Landlord in its sole discretion, either voluntarily, or by operation of law, assign, transfer, mortgage, pledge, hypothecate or encumber this Lease or any interest therein, and shall not sublet the said Premises or any part thereof, or any right or privilege appurtenant thereto, or allow any other person (the employees, agents, servants and invitees of Tenant excepted) to occupy or use the said Premises, or any portion thereof. In determining whether (or not) to grant its consent, Landlord shall have the right to request from any potential assignee or subtenant such financial and operational information as Landlord shall determine in order to reasonably satisfy itself that a potential assignee or subtenant and guarantor(s) have suitable experience and financial strength. Consent to one assignment, subletting, occupation or use by any other person shall not be deemed to be consent to any subsequent assignment, subletting, occupation or use by another person. Consent to any such assignment or subletting shall in no way relieve Tenant or any Guarantor of any liability under this Lease. Any such assignment or subletting without such consent shall be void, and shall, at the option of the Landlord, constitute a default under the terms of this Lease.
Transfers Prohibited Without Consent. Tenant shall not, other than to Primrose Retirement Communities, LLC, without the prior written consent of Landlord in each instance, which consent may be withheld in Landlord’s sole opinion and discretion, sell, assign, sublease, license, concession or otherwise transfer this Lease, or Tenant’s interest in the Leased Property together with all interests of Tenant in all property of any nature located and used at the Leased Property (including without limitation Tenant’s Personal Property), in whole or in part, or any rights or interest which Tenant may have under this Lease, or sublet, license or concession any part of the Leased Property, or grant or permit any Lien or encumbrance on or security interest in Tenant’s interest in this Lease, except as set forth in this Article 16. Any sale, assignment, sublease, license, concession or transfer of this Lease without the prior written consent of Landlord shall be voidable at Landlord’s option.
Transfers Prohibited Without Consent. Except for Permitted Transfers (as defined below), this Note shall not be transferable, negotiable or assignable otherwise than by the operation of law without the prior written consent of Maker, and any purported transfer, negotiation or assignment of this Note without the prior written consent of Maker shall be void and of no force or effect. The term "Permitted Transfers" shall mean transfers between Holder and its Subsidiaries.
Transfers Prohibited Without Consent. From the Effective Date through Closing, Tenant shall not, and no PGMI Party shall allow or agree to, without the prior written consent of the CNL Parties in each instance, which consent may be withheld in CNL Parties’ sole opinion and discretion (i) sell, assign or otherwise transfer any Lease, or Tenant’s interest in any Leased Property including the interests of Tenant in all property of any nature located and used at the applicable Leased Property (including without limitation Tenant’s Personal Property and the P&E Replacements), in whole or in part, or any rights or interest which Tenant may have under the Leases, (ii) sublet any part of any Leased Property, or (iii) grant or permit any Lien or encumbrance on or security interest in Tenant’s interest in any Lease. From the Effective Date through Closing, no PGMI Party shall (A) sell, assign, pledge, transfer, exchange or otherwise dispose of any stock, partnership interests, membership interests, or other equitable interests in a PGMI Party or any Person Controlling a PGMI Party, whether or not the same results in a change or transfer of Control of the applicable PGMI Party or Person Controlling such PGMI Party, (B) merge, consolidate or otherwise combine with another entity whether or not the same results in a change or transfer of Control of the applicable PGMI Party, or (C) recapitalize.
Transfers Prohibited Without Consent. Tenant shall not, without the prior written consent of Landlord in each instance which may be withheld in Landlord's sole opinion and discretion, sell, assign or otherwise transfer this Agreement, or Tenant's interest in the Leased Property together with all interests of Tenant in all property of any nature located and used at the Leased Property (including without limitation Tenant's Personal Property and the P&E Replacements), in whole or in part, or any rights or interest which Tenant may have under this Agreement, or sublet any part of the
