Common use of TENANT’S RIGHT TO ENCUMBER, ASSIGN, OR SUBLEASE Clause in Contracts

TENANT’S RIGHT TO ENCUMBER, ASSIGN, OR SUBLEASE. 15.1 Tenant May Not Use Lease as Collateral. Tenant may not voluntarily or involuntarily use this Lease for collateral (known as “encumbering” the Lease) without Landlord’s prior written consent, which consent will not be unreasonably withheld.