Subletting by Tenant Clause Samples

The 'Subletting by Tenant' clause defines the tenant's right to lease all or part of the rented premises to another party. Typically, this clause outlines any conditions or restrictions, such as requiring the landlord's written consent before subletting, or specifying that the original tenant remains responsible for the lease obligations even after subletting. Its core function is to regulate and control the transfer of occupancy, ensuring the landlord maintains oversight over who occupies the property and protecting their interests against unauthorized or undesirable subtenants.
Subletting by Tenant. Tenant shall not sublet the Leased Premises or any portion thereof without Landlord’s prior written consent. It is agreed that in requesting such consent Tenant shall provide such information regarding the proposed sublease and the proposed sublease arrangement as Landlord may reasonably request. Landlord’s consent to Tenant’s request shall not be unreasonably withheld or delayed, in each instance, except under circumstances where Tenant is in default beyond applicable grace periods of any covenant in this Lease, in which event such consent may be withheld in Landlord’s absolute discretion. In the event that such sublease is approved, at Landlord’s request, Tenant shall construct a new demising wall separating such space from the remainder of the Leased Premises. 11.3 If Landlord consents to such assignment or subletting, it is understood and agreed that one-half of all profits realized by Tenant as a result of amounts collected by the Tenant from such assignee or subtenant shall be paid to Landlord by Tenant. For purposes of this Section 11.3, “profits” shall mean the amount by which all compensation received by Tenant as a result of such assignment or subletting, net of reasonable expenses actually incurred by Tenant in connection with such assignment or subletting, including leasing commissions amortized over the Term, in the case of an assignment, or over the term of the sublease, in the case of a subletting, exceeds (b) the Basic Rent and Additional Rent attributable to the entire Leased Premises, in the case of an assignment, or attributable to the portion of the Leased Premises so sublet, in the case of a subletting. 11.4 The consent by Landlord to any assignment, subletting or occupancy shall not be construed as a waiver or release of Tenant from any and all liability for the performance of all covenants and obligations to be performed by Tenant under this Lease, nor shall the collection or acceptance of rent from any assignee, transferee or subtenant constitute a waiver or release of Tenant from any of its liabilities or obligations under this Lease. Landlord’s consent to any assignment, subletting or occupancy shall not be construed as a consent with respect to any subsequent assignment, subletting or occupancy. For any period during which Tenant is in default with respect to the payment of Rent, Tenant hereby assigns to Landlord the rent due from any subtenant of Tenant and hereby authorizes each subtenant to pay said rent directly to Landlord. ...
Subletting by Tenant. 13.4.1 Subject to this Section 13.4, Tenant has the right to sublet any portion of the Premises (but not all without Landlord’s approval) to one or more Subtenants by written Subleases from time to time with. Any Sublease shall: 13.4.1.1 provide that it is subject to and subordinate in all respects to this Lease and the rights of Landlord hereunder and that Subtenant shall comply with and perform all obligations of Tenant under this Lease with respect to the Subleased Premises; 13.4.1.2 require Subtenant to use the portion of the Premises subject to the Sublease (the “Subleased Premises”) only for the uses permitted under Article 4, this Agreement and the Benchmark Requirements; 13.4.1.3 include a term that does not extend beyond the Term of this Lease; 13.4.1.4 require Subtenant, to the maximum extent not prohibited by Law, to Indemnify the Indemnified Parties for any Loss arising from Subtenant’s use or occupancy of the Subleased Premises, which indemnity shall be in form reasonably acceptable to Landlord; 13.4.1.5 require Subtenant to name the Indemnified Parties as an additional insured on any liability insurance required to be carried under the Sublease, which liability insurance shall be in an amount and otherwise in 13.4.1.6 if requested by Landlord, include a provision satisfactory to Landlord requiring Subtenant, at Landlord’s option, to attorn to Landlord if Tenant defaults under this Lease and if the Subtenant is notified of Tenant’s default and instructed to make Subtenant’s rental payments to Landlord.
Subletting by Tenant. Any sublease, concession agreement, or license agreement made by Tenant, whether for the whole or any portion of the Premises, shall in each in­stance contain a provision substantially to the effect that if there is any termination of the Lease then the subtenant, concessionaire, or licensee at the request of Landlord, will attorn to Landlord and the sublease, concession, or license shall continue in effect with Landlord. If this Lease shall come to an end as a consequence of the default of Tenant, or otherwise, other than by expiration of the Lease Term, Landlord shall accept the attornment by such subtenants, concessionaires, or licensees, under written agreements made with them by Tenant as sublandlord, provided that such persons are not in default under the terms of their agreements.
Subletting by Tenant. Without the necessity of obtaining Landlord's consent thereto, Tenant may sublease the Tenant's Estate or any portion thereof at any time during the Lease Term for use by any subtenant. All such subleases shall be subordinate to this Lease, and all subtenants must agree to abide by all of the terms and covenants of this Lease except for the payment of rent. Within fifteen (15) days after Tenant's request, Landlord shall state in writing that a sublease pursuant to this section is not a breach of this Lease, and that Landlord's consent is not required for such sublease. In the event that this Lease is terminated prior to the natural expiration of the Lease Term, all of the subleases shall, at Landlord's option, automatically terminate, and be null and void. Notwithstanding the foregoing, Landlord shall, promptly following Tenant's request, enter into a nondisturbance, recognition and attornment agreement ("Nondisturbance Agreement") in recordable form with any subtenant of Tenant leasing space in the Leasehold Improvements, provided that the sublease provides that (i) rent substantially equivalent to fair market rent for the
Subletting by Tenant. The Tenant may sublet any portion of the Lands or Buildings provided that any use of the Lands and Buildings is in strict accordance with the uses permitted by the Heritage Revitalization Agreement.
Subletting by Tenant 

Related to Subletting by Tenant

  • Assignment and Subletting by Tenant Tenant may not assign its interest in this Lease or sublet the whole or any part of the Premises without the prior consent of Landlord, which consent will not be unreasonably withheld, delayed or conditioned. Tenant shall remain primarily liable and responsible under this Lease in the event of any such assignment or sublease and shall not be released from its obligations hereunder nor shall the guaranty of the Lease by Air Industries Group be terminated or released. Any assignment of this Lease or subletting of the Premises without notification to and consent by Landlord shall not be effective as to Landlord and Landlord shall not be bound thereby. Tenant agrees that it shall not be unreasonable for Landlord to withhold its consent to a proposed sublease or assignment if: (a) The proposed assignee (“Proposed Assignee”) refuses to provide Landlord with financial statements covering a period of at least 12 months ending no earlier than six months and no later than three months prior to the effective date of the proposed assignment; (b) The Proposed Assignee shall not agree in writing to assume all of the obligations of Tenant under this Lease from and after the date of assignment; (c) Tenant or Proposed Assignee shall fail to pay to Landlord a processing fee of One Thousand Five Hundred ($1,500.00) Dollars (increased by 2% each year commencing 1/1/17) in connection with the proposed sublet or assignment of this lease; (d) Tenant shall fail to furnish Landlord with a true and correct copy of the sublease or assignment and assumption not less than thirty (30) days prior to execution for Landlord’s review and approval and a fully executed counterpart of the sublease or assignment and assumption of this Lease, as applicable, within ten (10) days after the date of the execution of same; (e) The Proposed Assignee is not solvent or is generally held in disrepute; (f) Without consent of Landlord, Tenant may assign this Lease to a corporation or other entity which is a direct or indirect subsidiary of Guarantor. (g) Without consent of Landlord Tenant may assign this Lease or the holders of the equity interests of Tenant may sell or assign such interests to a third party which acquires all or substantially all of the business then being conducted by Tenant at the Premises. (h) Without consent of Landlord, Tenant may sell or transfer a minority of its equity interests or otherwise assign or sublease to an affiliate or subsidiary of Tenant or its parent company; up to forty-nine percent (49%) of the Premises, or transfer equity interests in connection with going public. (i) Under no circumstances shall Tenant or Guarantor be released from any liability under this Lease or Guaranty.

  • Subletting The Tenant shall not be able to sublet the Premises without the written consent from the Landlord. The consent by the Landlord to one subtenant shall not be deemed to be consent to any subsequent subtenant.

  • Waiver by Tenant Tenant expressly waives the benefits of any statute now or hereafter in effect which would otherwise afford the Tenant the right to make repairs at Landlord's expense or to terminate this Lease because of Landlord's failure to keep the Premises in good order, condition and repair.

  • Alterations by Tenant (a) Tenant shall not make or allow to be made (except as otherwise specifically provided in this Lease) any alterations or physical additions (including fixtures) to be made in or to the Leased Premises, or place safes, vaults or other heavy furniture or equipment within the Leased Premises, without first obtaining the written consent of Landlord. Tenant shall deliver to Landlord a copy of the “as-built” plans and specifications for all alterations or physical additions made with the approval of Landlord in or to the Leased Premises. Tenant agrees specifically that no food, soft drink or other vending machine will be installed within the Leased Premises without the written consent of Landlord. Landlord shall retain the right to monitor the performance of any alterations or additions to the Leased Premises after the plans and specifications for same have been approved by Landlord. (b) All alterations, physical additions or improvements in or to the Leased Premises (including fixtures) shall, when made, become the property of Landlord and shall be surrendered to Landlord upon termination of this Lease; provided, however, this clause shall not apply to movable trade fixtures, equipment or furniture owned by Tenant as long as Tenant restores the Leased Premises to its initial improved condition after the removal of any such property by Tenant. (c) Tenant shall indemnify and hold harmless Landlord from and against all costs (including attorneys’ fees and costs of suit), losses, liabilities or causes of action arising out of or relating to any alterations, additions or improvements made by Tenant to the Leased Premises, including, but not limited to, any mechanic’s or materialmen’s liens asserted in connection therewith. (d) Should any mechanic’s or other lien or liens be filed against any portion of the Building by reason of Tenant’s acts or omissions or because of a claim against Tenant, Tenant shall cause the same to be canceled or discharged of record by bond or otherwise within ten (10) days after notice by Landlord. If Tenant shall fail to cancel or discharge said lien or liens within said ten-day period, Landlord may, at its sole option, cancel or discharge the same and, upon Landlord’s demand, Tenant shall promptly reimburse Landlord for all costs incurred in canceling or discharging such liens.

  • Landlord’s Consent to Alterations Tenant may not make any improvements, alterations, additions or changes to the Premises (collectively, the "ALTERATIONS") without first procuring the prior written consent of Landlord to such Alterations, which consent shall be requested by Tenant not less than thirty (30) days prior to the commencement thereof, and which consent (as indicated in Section 29.4 below) shall not be unreasonably withheld by Landlord. However, Tenant may make (i) cosmetic changes to the finish work in the Premises, not requiring any structural or other substantial modifications to the Premises (e.g., voice/data cabling), without Landlord's prior consent, (ii) cosmetic changes to the interior of any Tenant space within the Building (e.g., changes to the carpet, wallcovering and paint) and (iii) nonstructural changes to the interior of any Tenant space within the Building (such cosmetic and nonstructural changes to be referred to hereafter collectively as the "ACCEPTABLE CHANGES") upon at least ten (10) days prior notice to Landlord but without Landlord's prior consent provided (a) with respect to the changes described in Subsection 8.1(iii) above only, such changes do not cost in excess of Two Dollars ($2.00) per usable square foot of the Premises for any one (1) job, (b) such Acceptable Changes do not affect the exterior appearance of the Building or Common Areas, the structural aspects of the Building, or any Building System or Equipment, and (c) Tenant shall perform such Acceptable Changes in a good and workmanlike manner and in conformance with any and all applicable federal, state, county or municipal laws, rules or regulations (collectively, "APPLICABLE LAWS"). At any time Tenant proposes to make Alterations which require the consent of Landlord pursuant to this Section 8.1, Tenant's notice regarding the proposed Alterations shall be provided together with plans and specifications for the Alterations, and Landlord shall approve or disapprove of the same within fifteen (15) days after Landlord's receipt thereof. The construction of the initial improvements to the Premises shall be governed by the terms of the Tenant Work Letter and not the terms of this Article 8, and therefore, as used herein, the term "Alterations" does not refer to any tenant improvements installed pursuant to the Tenant Work Letter.