NYC 9/11 Public Portal Document
encumber this agreement, nor underlet, nor suffer, nor permit the Demised Premises or any part
thereof to be used or occupied by others, without the prior written consent of Landlord in each
instance. If this Lease be assigned, or if the Demised Premises or any part thereof be underlet or
occupied by anybody other than Tenant, Landlord may, after default by Tenant, collect rent from
the assignee, undertenant or occupant, and apply the net amount collected to the rent herein
reserved, but no assignment, underletting, occupancy or collection shall be deemed a waiver of
the provisions hereof, the acceptance of the assignee, undertenant or occupant as tenant, or a
release of Tenant from the further performance by Tenant of covenants on the part of Tenant
herein contained. The consent by Landlord to an assignment or underletting shall not in any wise
be construed to relieve Tenant from obtaining the express consent in writing of Landlord to any
further assignment or underletting. In no event shall any permitted sublessee assign or encumber
its sublease or further sublet all or any portion of its sublet space, or otherwise suffer or permit
the sublet space or any part thereof to be used or occupied by others, without Landlord's prior
written consent in each instance.
(B) If Tenant shall at any time or times during the Term desire to assign this Lease
or sublet all or part of the Demised Premises, Tenant shall give notice thereof to Landlord, which
notice shall be accompanied by (a) a conformed or photostatic copy of the proposed assignment or
sublease, the effective or commencement date of which shall be not less than thirty (30) nor more
than one hundred eighty (180) days after the giving of such notice, (b) a statement setting forth in
reasonable detail the identity of the proposed assignee or subtenant, the nature of its business and
its proposed use of the Demised Premises, and (C) current financial information with respect to
the proposed assignee or subtenant, including, without limitation, its most recent financial report.
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