NYC 9/11 Public Portal Document
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 sixty (601 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.
(C) Provided that Tenant is not in default of any of Tenant's obligations under this
Lease after notice and the expiration of any applicable grace period. Landlord's consent (which
must be in writing and in form reasonably satisfactory to Landlord) to the proposed assignment or
sublease shall not be unreasonably withheld or delayed, provided and upon condition that;
(a) Tenant shall have complied with the provisions of Paragraph B;
(b) In Landlord's reasonable judgment the proposed assignee or subtenant is
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NYC-WTC_000170502
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