NYC 9/11 Public Portal Document
surrender possession of the Demised Premises in the event the Underlying Lease terminates or in
the event any such proceeding is brought by the landlord under the Underlying Lease, and in that
circumstance Tenant agrees that this Lease shall not be affected in any way whatsoever by any
such proceeding or termination.
ARTICLE 20
ASSIGNMENT AND SUBLETTING
(A) Tenant, for itself, its heirs, distributees, executors, administrators, legal
representatives, successors and assigns, expressly covenants that it shall not assign, mortgage or
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
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NYC-WTC_000170125
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