Absolute Assignment. Tenant shall, on or before the Commencement Date, execute and deliver to Landlord an absolute assignment of subleases and rents pursuant to which Tenant shall assign to Landlord, subject to a license to Tenant to retain so long as no Event of Default is continuing, all of Tenant's rights, title and interest in any subleases and assignments permitted under this Lease and the proceeds thereof.
Appears in 4 contracts
Sources: Lease Agreement (Unison Healthcare Corp), Lease Agreement (Unison Healthcare Corp), Lease Agreement (Unison Healthcare Corp)
Absolute Assignment. Tenant shall, at Landlord's request, on or before the Commencement Date, or thereafter, execute and deliver to Landlord an absolute assignment of subleases and rents pursuant to which Tenant shall assign to Landlord, subject to a license to Tenant to retain so long as no Event of Default is continuing, all of Tenant's rights, title and interest in any subleases and assignments permitted under this Lease and the proceeds thereof.
Appears in 1 contract
Sources: Lease Agreement (Emeritus Corp\wa\)