Common use of Prohibited Assignments Clause in Contracts

Prohibited Assignments. Anything contained in the foregoing provisions of this section notwithstanding, neither Tenant nor any other person having an interest in the possession, use, occupancy or utilization of the Premises which provides for rental or other payment for such use, occupancy or utilization based, in whole or in part, on the net income or profits derived by any person from the premises leased, used, occupied or utilized (other than an amount based on a fixed percentage or percentages of receipts or sales), and any such purported lease, sublease, license, concession or other agreement shall be absolutely void and ineffective as a conveyance of any right to interest or in the possession, use, occupancy or utilization of any part of the Premises.