WebWHEREAS, Landlord has provided its further written consent dated October 7, 2007 to an Assignment of said Lease by Global Casinos to Doc Holliday Casino II, LLC; and, WHEREAS, Assignor desires to assign all of its right, title and interest in the Lease to Assignee and Assignee desires to assume Assignor’s obligations under the Lease. AGREEMENT WebIII. TO ASSIGN OR SUBLEASE, THAT IS THE QUESTION. The decision whether to assign the lease or sublet the premises requires an intensely fact specific analysis and will also depend on the relative leverage of the parties involved. If …
Right to Assign or Sublet Sample Clauses Law Insider
WebAug 8, 2024 · What Does It Mean to Assign a Commercial Lease? Assignment of a lease refers to one party of a lease transferring all the interest and obligations of the lease to a … WebLessee shall have the right without Lessor ’s consent, to assign this Lease to a corporation with which Lessee may merge or consolidate, to any subsidiary of Lessee, to any corporation under common control with Lessee, or to a purchaser of substantially all of Lessee’s assets. mud full movie online
landlord-tenant law Wex - LII / Legal Information Institute
WebAug 16, 2024 · Assignment provisions take different forms, but the common theme is that the franchisor is given the right to take an assignment of the lease in the event of a franchisee default – either under the lease or under the franchise agreement. From a landlord’s perspective, this provision can be a great advantage as it provides additional ... WebSublease or Assignment A sublease is an agreement where the Tenant can lease a portion or all of the premises to a third party (but the term of the sublease cannot be the full remaining term of the main lease). An assignment of lease is an agreement which transfers all rights that the Tenant has to another party who assumes the terms of the ... WebRight to Assign or Sublet. It is agreed and understood that the Tenant shall have the right to assign the Lease or sublet all or part of the Premises provided that it has received the … how to make universal credit account