ASSIGN OR SUBLET. (A) Not to assign this Lease, sublet, part with or share possession of the Premises or any part thereof (in each case, a “Transfer”) without the prior written consent of the Landlord, such consent not to be unreasonably withheld, delayed or conditioned. (B) Despite the foregoing, the Landlord acknowledges and agrees the Tenant may, without the Landlord’s consent, change the Occupant of the Premises, in whole or in part, or sublet or assign this Lease to any of the following (each shall be referred to herein as a “Permitted Transfer” to a “Permitted Transferee”), namely, any municipal, provincial or federal (in each case to the extent applicable) (i) governmental agency, board or commission, (ii) ministry, (iii) Crown corporation, or (iv) department or Person affiliated with the Tenant or its Service Providers, and the Tenant shall be released from all its liabilities and obligations hereunder in the event of an assignment or sublet to a Permitted Transferee. The Landlord specifically acknowledges and agrees that the use or occupation of all or part of the Premises by any Permitted Transferee does not constitute an assignment or sublet and does not require the Landlord’s consent. The Landlord also acknowledges and agrees that, notwithstanding anything herein contained to the contrary, the Tenant may, without the Landlord’s consent, but upon notice to the Landlord, permit portions of the Premises to be used by the Tenant’s Service Providers. “Service Provider” means any Person retained by the Tenant to provide services to the Tenant in respect of the administration of and operations under this Lease.
Appears in 2 contracts
Sources: Lease Extension Agreement, Lease Extension and Amending Agreement