Common use of No Assignment by ▇▇▇▇▇▇ Clause in Contracts

No Assignment by ▇▇▇▇▇▇. (a) Lessee acknowledges that ▇▇▇▇▇▇ has relied both on the business experience and creditworthiness of Lessee and upon the particular purposes for which Lessee intends to use the Properties in entering into this Lease. Subject to Section 14.02(b), Lessee shall not assign, transfer, convey, pledge or mortgage this Lease or any interest herein or any interest in Lessee, whether by operation of Law or otherwise, without the prior written consent of Lessor, which may not be unreasonably conditioned, delayed or withheld. At the time of any assignment of this Lease which is approved by ▇▇▇▇▇▇, the assignee shall assume all of the obligations of Lessee under this Lease pursuant to a written assumption agreement in form and substance reasonably acceptable to Lessor. Such assignment of this Lease pursuant to this Section 14.02 shall not relieve Lessee of its obligations respecting this Lease unless otherwise agreed to by Lessor, which shall not be unreasonably conditioned, delayed or withheld. Any assignment, transfer, conveyance, pledge or mortgage in violation of this Section 14.02 shall be voidable at the sole option of Lessor. Any consent to an assignment given by Lessor hereunder shall not be deemed a consent to any subsequent assignment. Lessor shall review and provide approval or reasons for withholding approval of an assignment within fifteen (15) days of ▇▇▇▇▇▇’s request for approval. (b) Notwithstanding anything to the contrary contained in Section 14.02(a) above and provided that no Event of Default has occurred and is continuing and provided further that any assignee agrees to assume all of ▇▇▇▇▇▇'s obligations under this Lease and reaffirms all the representations and warranties contained herein, a Lessee entity shall have the right to assign or otherwise transfer its interest in, to and under this Lease without Lessor's consent to (i) an Affiliate of Lessee , or (ii) any entity which purchases or otherwise acquires all or substantially all of the assets or equity interest of such Lessee entity in a bona fide sale for fair market value. In no event shall Lessee shall be released from liability under this Lease without the prior written consent of ▇▇▇▇▇▇.

No Assignment by ▇▇▇▇▇▇. (a) Lessee acknowledges that ▇▇▇▇▇▇ has relied both on the business experience and creditworthiness of Lessee and upon the particular purposes for which Lessee intends to use the Properties in entering into this Lease. Subject to Section 14.02(b), Lessee shall not assign, transfer, convey, pledge or mortgage this Lease or any interest herein or any interest in Lessee, whether by operation of Law or otherwise, without the prior written consent of Lessor▇▇▇▇▇▇, which may not be unreasonably conditionedwithheld, delayed conditioned or withhelddelayed. At the time of any assignment of this Lease by ▇▇▇▇▇▇ which is approved by ▇▇▇▇▇▇, the assignee shall assume all of the obligations of Lessee under this Lease pursuant to a written assumption agreement in form and substance reasonably acceptable to Lessor. Such assignment of this Lease pursuant to this Section 14.02 shall not relieve Lessee of its obligations respecting this Lease unless otherwise agreed to by Lessor, which shall not be unreasonably conditioned, delayed or withheld▇▇▇▇▇▇. Any assignment, transfer, conveyance, pledge or mortgage in violation of this Section 14.02 shall be voidable at the sole option of Lessor. Any consent to an assignment given by Lessor hereunder shall not be deemed a consent to any subsequent assignment. Lessor shall review and provide approval or reasons for withholding approval of an assignment within fifteen (15) days of ▇▇▇▇▇▇’s request for approval. (b) Notwithstanding anything to the contrary contained in Section 14.02(a) above and provided that that, at the time of the proposed assignment, no Event of Default has occurred and is continuing and no condition exists which upon the giving of notice or the passage of time, or both, would constitute an Event of Default, and provided further that any assignee agrees to assume all of ▇▇▇▇▇▇'s ’s obligations under this Lease and reaffirms all the representations and warranties contained hereinby written agreement approved by ▇▇▇▇▇▇, a Lessee entity shall have the right to assign or otherwise transfer all, but not less than all, of its interest in, to and under this Lease without Lessor's consent to (i) an Affiliate of Lessee , or (ii) any entity which purchases or otherwise acquires all or substantially all of the assets or equity interest of such Lessee entity in a bona fide sale for fair market value. In no event shall Lessee shall be released from liability under this Lease without the prior written consent of ▇▇▇▇▇▇’s consent to an Affiliate of Lessee. Lessee shall provide Lessor with at least thirty (30) days’ prior written notice of a proposed assignment to an Affiliate of Lessee, which shall include the proposed assignment agreement and financial information of the assignee. An assignment of this Lease pursuant to this Section 14.02(b) shall not relieve Lessee of its obligations respecting this Lease unless otherwise agreed to by Lessor.