SAMPLE CONSENT OF LANDLORD TO ASSIGNMENT
This LANDLORD’S CONSENT TO ASSIGNMENT (“Consent”) is executed as of this _____ day of ______________, ______, by and among ____________________ (“Assignor”), ________________ (“Assignee”) and ______________________ (“Landlord”).
WHEREAS, Assignor is a party to that certain Lease between Assignor, as tenant, and Landlord, as landlord, dated _____________ (the “Lease”), relating to the demised premises located at ______________________ (the “Premises”) more particularly described therein; and
WHEREAS, Assignor has agreed, among other things, to transfer and assign to Assignee all of Assignor’s right, title and interest in, to and under the Lease, and Assignee has agreed to accept and assume the obligations of Assignor under the Lease, upon the terms and conditions set forth herein.
WHEREAS, Assignor and Assignee have requested Landlord’s consent to assignment of the Lease.
ACCORDINGLY, the parties agree to the following:
1.Landlord hereby consents to the assignment of the Lease to Assignee and in consideration thereof, Assignor confirms such assignment and Assignee confirms the assignment and Assignee's agreement to keep, perform and be bound by all the terms, covenants, conditions, and obligations contained in the Lease on the part of the Tenant to be kept and performed as though Assignee was the original Tenant thereunder from and after the ____day of ___________ (the “Assignment Date”).
2.Notwithstanding this Assignment, Assignor shall remain fully liable for performance of all terms of the Lease, including any modifications or extensions thereto. Assignor waives any right to notice of any modifications or extensions of the Lease. No forebearance by Landlord shall relieve either Assignor or Assignee of any of their obligations under the Lease.
3.This Assignment applies to this transaction only and does not constitute any consent to any further assignment of the Lease.
4.Assignor, Assignee and Landlord acknowledge and agree that true, correct and complete copies of the Lease, including all amendments thereto, are attached hereto as “” and made a part hereof. .
IN WITNESS WHEREOF, the parties hereto have executed this Assignment as of the date first written above, to be effective as of the date indicated above.
[Insert signature blocks and acknowledgements.]