Common use of Assignment and Subleasing by Lessee Clause in Contracts

Assignment and Subleasing by Lessee. ▇▇▇▇▇▇ agrees not to sublet or assign ▇▇▇▇▇▇'s interest in the Premises, in whole or in part, unless approved in writing by CRMC. No sublease or assignment shall become effective until such sublessee or assignee provides a completed application form, has been approved by CRMC, and has signed (a) an assignment form approved by CRMC, or (b) a Sublease Agreement provided by CRMC. No sublease for the entire year, or for the entire term of any extension hereof, will be approved. If the Lessees signing this Rental Agreement are all of the same sex, CRMC will not approve a sublease to a member of the opposite sex unless all other Lessees and previously approved sublessees, if any, agree to the sublease in writing. ▇▇▇▇▇▇ remains responsible to CRMC even if they have a sublessee. In the event any Lessee or agent of any Lessee takes any action to prevent a replacement tenant from moving in, the remaining lessees shall be responsible to pay that person’s portion of the rent, regardless of whether Lessees have turned in a Surety Agreement in accordance with Paragraph 6, above.

Appears in 3 contracts

Sources: Rental Agreement, Rental Agreement, Rental Agreement