Common use of Lessee Assignment Clause in Contracts

Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same, or subject the leased premises, in whole or in part without the prior written consent of Lessor which shall not be unreasonably withheld and in no event shall any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.

Appears in 1 contract

Sources: Standard Commercial Lease (Styrochem International LTD)

Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be are deemed an assignment) or mortgage or pledge the same, same or subject sublet the leased premisesLeased Premises, in whole or in part part, without the prior written consent of Lessor which shall not consent may, in Lessor's sole discretion, be unreasonably withheld withheld, and in no event shall will any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee sub lessee of the leased premises Leased Premises or any portion thereof may assign or sublet the leased premises Leased Premises or any portion thereof.

Appears in 1 contract

Sources: Commercial Lease (American Caresouce Holdings, Inc.)

Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) or mortgage or pledge the same, or subject sublet the leased premises, in whole or in part part, without the prior written consent of Lessor which consent shall not be unreasonably withheld withheld, and in no event shall any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.

Appears in 1 contract

Sources: Commercial Lease (Allstar Systems Inc)

Lessee Assignment. Lessee shall not assign, in whole or in part, this Lease, or allow it to be assigned, in whole or in part, by operation of law or otherwise (including without limitation by transfer of a majority interest of stock, merger, merger or dissolution, which transfer of majority interest of stock, merger or dissolution shall be deemed an assignment) assignment or mortgage or pledge the same, or subject sublet the leased premises, in whole or in part part, without the prior written consent of Lessor Lessor, which consent shall not be unreasonably withheld withheld, and in no event shall any such assignment or sublease ever release Lessee or any guarantor from any obligation or liability hereunder. No assignee or sublessee of the leased premises or any portion thereof may assign or sublet the leased premises or any portion thereof.

Appears in 1 contract

Sources: Sublease Agreement (Interactive Entertainment LTD)