Assignment/Subletting definition

Assignment/Subletting. The member shall not assign this contract or sublet the whole or any part of the Premises. Any termination of this Contract initiated by the Member must be according to MCC/House policy, and approved by the House and MCC. Time of Essence: When the terms and conditions of this contract imply a deadline, and the member fails to meet such deadlines, the member is liable for any consequences of missing those deadlines.
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Assignment/Subletting. Sub-sublessee shall have no rights to assign the Sub-sublease or sublet all or any portion of its interest in the premises, without Sub-sublessor's prior written consent, which may be given or withheld in Sub-sublessor's sole discretion, provided that Sub-sublessee may assign to affiliates without Sub-sublessor's consent. Sub-sublessee may assign Sub-sublease, without Sub-sublessor's consent, for financing purposes. The foregoing rights shall be subject to Sub-sublessor's obligations under the Ground Lease and the Master Lease.
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Assignment/Subletting. Not permitted without the Landlords consent. Grazing, or use of the land restricted to that of which is given in the farming proposal section of the tender form; deviation from this will require the Landlords consent. The tenant will also be required to farm to the usual standards of good husbandry throughout the duration of the tenancy. No mains connections.
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Examples of Assignment/Subletting in a sentence

  • Tenant and Tenant's Successors agree that fifty percent of any Assignment Consideration and/or Excess Rentals hereunder after subtracting Tenant's Assignment/Subletting Costs shall be the property of Landlord and fifty percent of such shall be the property of Tenant.

  • Notwithstanding any provision of this Lease (except for Paragraph 20.2), no assignee or sublessee of Tenant shall be subject to any use restrictions contained in Paragraph 7.1 hereof, so long as such assignee's or sublessee's use of the Premises does not violate any deed or master lease restrictions and the Assignment/Subletting Conditions are satisfied.

  • Throughout the Term of this Lease, Owner shall have the right to enter the Premises at reasonable hours for the purpose of showing the same to prospective purchasers, Lessors or Mortgagees and during the last eighteen (18) months of the Term and following the submission of Tenant’s Assignment/Subletting Notice, for the purpose of showing the same to prospective tenants.

  • In the event Tenant proposes to assign its interest in this Lease or sublet the whole of the Leased Premises, it shall first give notice thereof (hereinafter called the "Assignment/Subletting Notice") to Landlord together with all other information requested by Landlord with respect to the subject assignment or subletting.

  • Tenant will pay to Landlord the Assignment/Subletting Fee plus, on written demand, a sum equal to all of Landlord’s costs, including reasonable attorney’s fees, incurred in investigating and considering any proposed or purported assignment or pledge of this Lease or sublease of any of the Premises, regardless of whether Landlord shall consent to, refuse consent, or determine that Landlord’s consent is not required for, such assignment, pledge or sublease.

  • HP shall elect the option of either collecting the increased rent or enforcing the No Assignment/Subletting clause of this Agreement.

  • Assignment/Subletting Restrictions: Tenant may not assign this agreement or sublet the Leased Premises without the prior written consent of the Landlord.

  • In the event Landlord fails to either approve or disapprove such assignment or sublease in accordance with the terms of this Lease within two (2) business days following Landlord’s receipt of Tenant’s Additional Assignment/Subletting Notice, Landlord shall be deemed to have granted its consent to such assignment or sublease.

  • In the event Tenant should desire to sublet (or attempt to sublet) the Leased Premises or any part thereof (subletting, for the purposes hereof, including the granting of concessions or licenses for the occupancy thereof) or to assign this Lease, Tenant shall give Landlord written notice thereof ("Tenant's Initial Assignment/Subletting Notice").

  • In the event Landlord fails to either approve or disapprove such assignment or sublease in accordance with the terms of this Lease within three (3) business days following Landlord’s receipt of Tenant’s Additional Assignment/Subletting Notice, Landlord shall be deemed to have granted its consent to such assignment or sublease.


More Definitions of Assignment/Subletting

Assignment/Subletting. Conformed GUARANTOR: Eat at Joe's LTD., ▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ GUARANTOR LIMITATIONS: Limited to T's performance of the terms and conditions of the Lease Agreement accruing during the first two (2) rental years, plus costs and collection of attorney's fees.
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Assignment/Subletting. Lessor's written consent required, but (P.) 14(A) not to be unreasonably withheld. Tenant shall share profits on sublease with Landlord, Tenant to retain 40% and Landlord to receive 60%.
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Assignment/Subletting. Not permitted without landlord’s consent Use: The land is restricted to agricultural use only. The tenant will be required to farm to the usual standards of good husbandry throughout the duration of the tenancy.
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Related to Assignment/Subletting

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Lease Assignment has the meaning set forth in Section 3.6(d).

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • assignment shall have the same meanings of such terms in the 1940 Act.)

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.