Common use of Permitted Assignments and Subleases Clause in Contracts

Permitted Assignments and Subleases. Except as provided in Section 24.5, any purported Transfer made without the prior written consent of Landlord, which may in each case be granted or denied in Landlord’s sole discretion, shall be absolutely null and void. If Landlord consents to any Transfer, such Transfer shall not be effective and valid unless and until the applicable transferee executes and delivers to Landlord any and all documentation reasonably required by Landlord. Any consent by Landlord to a particular Transfer shall not constitute consent or approval of any subsequent Transfer, and Landlord’s written consent shall be required in all such instances. No consent by Landlord to any Transfer shall be deemed to release any Tenant from its obligations hereunder and each Tenant shall remain fully liable for payment and performance of all obligations under this Lease.

Permitted Assignments and Subleases. Except as provided in Section 24.5, any Any purported Transfer other than a Permitted Transfer made without the prior written consent of Landlord, which may in each case be granted or denied in Landlord’s 's sole discretion, shall be absolutely null and void. If Landlord consents to any Transfer, such Transfer and any Permitted Transfer shall not be effective and valid unless and until the applicable transferee executes and delivers to Landlord any and all documentation reasonably required by Landlord. Any consent by Landlord to a particular Transfer shall not constitute consent or approval of any subsequent Transfer, and Landlord’s 's written consent shall be required in all such instances. No consent by Landlord to any Transfer shall be deemed to release any Tenant from its obligations hereunder and each Tenant shall remain fully liable for payment and performance of all obligations under this Lease.

Permitted Assignments and Subleases. Except as provided in Section 24.5, any Any purported Transfer made without the prior written consent of Landlord, which may in each case be granted or denied in Landlord’s sole discretion, Landlord shall be absolutely null and void. If Landlord consents to any Transfer, such Transfer shall not be effective and valid unless and until the applicable transferee executes and delivers to Landlord any and all documentation reasonably required by Landlord. Any consent by Landlord to a particular Transfer shall not constitute consent or approval of any subsequent Transfer, and Landlord’s 's written consent approval shall be required in all such instances. No consent by Landlord to any Transfer shall be deemed to release any Tenant from its obligations hereunder and each such Tenant shall remain fully liable for payment and performance of all obligations under this Lease.