Allowed to Sublet Clause Samples

The "Allowed to Sublet" clause grants a tenant the right to rent out all or part of the leased property to another party, known as a subtenant. Typically, this clause outlines any conditions or restrictions, such as requiring the landlord’s prior written consent or compliance with local laws. By clearly defining the circumstances under which subletting is permitted, this clause provides flexibility for tenants who may need to temporarily vacate the premises while ensuring the landlord retains control over who occupies the property.
Allowed to Sublet. The Tenant is allowed to sublet the Premises with: (check one) ☐ - No Approval. No written approval is required by the Landlord. ☐ - Approval Needed. Written approval is required by the Landlord.
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Allowed to Sublet. The Tenant is allowed to sublet the Premises with: (check one)
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Related to Allowed to Sublet

  • Agreement to Subordinate The Company agrees, and each Holder by accepting a Note agrees, that the Indebtedness evidenced by the Notes is subordinated in right of payment, to the extent and in the manner provided in this Article 10, to the prior payment in full of all Senior Debt (whether outstanding on the date hereof or hereafter created, incurred, assumed or guaranteed), and that the subordination is for the benefit of the holders of Senior Debt.